Digia's solutions for Banks and Brokers offering consists back office systems, banking systems and an account operator system for investment companies.
Digia Account Operator System
Digia Account Operator System (AOS) is an administrative central register application designed for the handling of customer book-entry securities accounts managed by investment companies. AOS includes ready-made functions meeting all requirements of a modern administrative register system. Digia Account Operator System is qualified for use by any institution with account operator status.
Digia Banking System
Digia Banking System is a solution in the Digia Financial Systems product line designed for account and loan management. The solution enables real-time control over bank account transactions and balances, fixed-term deposits and loans as well as different deposit & loan products and related fees.
All key functionalities can be used locally or executed via web interfaces. The system includes a comprehensive set of predefined web services for integration to Internet banking systems and other web data sources. The scalability of the system’s n-tier architecture answers the needs of both start-up banks and established, growing organizations.
Account management includes real-time connection to the General Ledger subsystem, enabling a streamlined process for bookkeeping. The system generates standards-compliant outgoing payment material and handles incoming domestic & foreign account statements including SWIFT 940 and reference payments from external sources.
Digia Securities Trading System
Digia Securities Trading System is designed for high-volume processing of equities, fixed-income instruments, derivatives and OTC products. Its Trade & Order Management functionalities fine-tune the system process for true STP. The system enables matching and confirmation from the front office system and covers all the necessary tools for order management and post-trade handling.
The trade capture & allocation tools of the system enable seamless integration between front and back offices. Trade enrichment and validation for back office position handling and clearing & settlement fulfils the necessary details as the process advances - calculating fees, checking restrictions, available credit and collateral, always ensuring there are no obstructions along the path to a settled trade, confirmed client position or bank account and bookkeeping transactions.
Profound Clearing and Settlement functions for domestic and cross-border settlement handle transactions through the SWIFT ISO standard.