| Mumbai,
December 2009: FinEng launched Version 4
of Quantis, its funds management solution, in 2008
and a majority of its existing clients have now gone
live with the new version. These include ICICI Prudential
AMC, HDFC AMC, Birla Sun Life AMC and HSBC Mutual
Fund. As a result, FinEng is looking to discontinue
support of its earlier Version 3 from April 1, 2010
as it expects the remaining clients using the earlier
version to go live in the current financial year.
Version 4 has a host of new features, the most prominent
being a revamped limits module. This would provide
significant flexibility to clients to monitor their
internal (domestic and global) as well as all the
regulatory limits. The module is currently capable
of handling all regulatory requirements defined by
the Indian capital markets and insurance regulators,
SEBI and IRDA, as well as the complex internal limits
of most of our multinational clients.
Some of the key features of the new version are:
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Highly parameterized
limit checking module |
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Improved equity order
management system allowing for single view of
cash equity and derivatives, a seamless integration
between simulation and order placement, and real
time integration with brokers. |
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All key regulatory reports
can be generated from the application |
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New improved reports
with powerful graphical representation |
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Ability to conduct spread
analysis for the fixed income portfolios |
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Enhanced operational
ease through integration of direct and automated
uploads and also introduction of new uploads |
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Revamped user interfaces
for high usability and application performance |
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Online help feature
for immediate query resolution. |
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