This created a need for an efficient application to assist the Custodian in the process of:
- Lending customers
- Monitoring market data
- Monitoring status of financed clients
- Settling all financial obligations with the brokers at the end of sessions
STOCK EXCHANGE MARKET LENDING
CUSTODIANS ARE IN THE PROCESS TO FINANCE STOCK EXCHANGE MARKET THROUGH MARGIN LENDING.
Custodian Eye Features
Provides a comprehensive solution that allows the custodian to monitor and manage credit operations with both clients and brokers.
Includes a Margin Credit officer that provides real-time monitoring and evaluation for clients’ portfolios.
Custodian Eye allows daily operation with brokers in terms of loading balances and settlements.
Generates reports that allow full control over the margin process.
Updates clients’ balances and positions.
Credit officer role Vs. Custodian Eye Features
Credit Officers Needs
Credit officers sign a tripartite contract with the client and the broker. All terms and conditions stated must be properly documented and agreed upon.
To monitor clients’ actions and position.
To act according to clients’ position.
To manage end-of-day daily operations with brokers.
Custodian Eye Provides
The Custodian Eye collects and stores all contracts separately and documents all agreed-upon terms and conditions.
Real-time monitoring tool for clients’ portfolios, which categorizes them according to their position within the risk zone.
The ability to perform required actions, such as margin calls, forced selling, collaterals request forms, etc.
Loads all daily transactions that need margin lending per broker. Selects the approved transactions to be financed. Re-calculates clients’ portfolio and cash position based on transactions and close price.