Absolute Financial SOFTWARE solutions (AFSS)

Comprehensive Software Solutions

Flexible modules tailored to enhance your business operations with exceptional software functionality and robust support.

Comprehensive Software Solutions

Explore our flexible software modules tailored to meet diverse business needs and market practices.

Modular Software Design

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Each module includes sub-modules for accounts, charges, management, exceptions, and reporting.

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Customisable Functionality Options

Enhance existing functionalities to suit specific client requirements and operational practices.

Robust Reporting Tools

Advanced reporting features for insightful business analysis and decision-making.

Financial Sector Solutions

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Central banks set compliance procedures and reporting obligations. AFSS Central Bank module enables users to define requirements for compliance and reporting entities. It highlights instances of non-compliance with pre-established criteria.

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Pensions and Retirement Planning

Pensions are distinct financial products that vary based on the specific characteristics and regulatory requirements of local markets. AFSS offers a dedicated Pension module that can be combined with various other AFSS modules, such as Investments, Charges and Commission, Risk Management, and ALM scenarios.

AFSS Clearing and Settlement provides robust connectivity for efficient data transfers, enabling transaction management. AFSS offers reliable software solutions for tracking and managing clearing and settlement instructions. Simplify operations with AFSS Clearing and Settlement solutions.

Clearing and Settlement Instructions

Significant strength of AFSS Securities and Debt Instrument modules is AFSS's flexible financial product definition and our many sub-classifications. This highly configurable module is designed to help users better manage securities, debt instruments, and associated financial transactions.

Securities and Debt Instruments

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The implementation of AFSS modules varies depending on the specific financial market and product being addressed. AFSS utilises a component-based approach, enabling a smooth integration with third-party solutions in order to achieve end-to-end (E2E) automated straight-through processing (STP) for efficient dataflow and management.

Commodity and Hedging Strategies

The AFSS Commodity and Hedging module offers pre-defined templates to capture product type, marketing conditions, valuation, and end-of-day market prices. Users can utilise these templates to forward price their considerations for risk controls. The AFSS Hedging sub-module enables users to set forward and trigger prices and provides warnings of potential losses based on user-defined curve values.

Micro Finance & Money Remittance

In the unregulated market, loans and deposits are managed differently compared to traditional banking systems. AFSS addresses this through its Micro Finance and Money Remittance module, which enables users to track transactions from initiation to final payment to the beneficiary. AFSS provides client control over user access and grants varying levels of functionality based on user roles.

Traded and settled instruments are typically held by certified depository houses. These instruments can be traded while maintaining their transformed state, but entitlement to applicable coupons remains non-negotiable from the instrument issuer. AFSS Custody and Corporate Actions module tracks entitlement as an 'Open Item' and determines predefined charges. The module also automatically activates respective nominated nostros and vostro accounts.

Custody and Corporate Actions

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Central banks often argue that cryptocurrency is not a financial product, despite its technology-driven nature. Its value is primarily determined by demand, and it is increasingly traded on online stock markets. In contrast, digital currency is backed by a central bank and recognised as legal tender. AFSS Crypto and Digital solutions provide a backend interface to assist clients in managing their investments.

Cryptocurrency & Digital Currencies

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Trade Finance

AFSS Trade Finance module, created with PMCT Accountants & Consultants, aids market participants in understanding their roles and responsibilities. It assists banks and financial entities in assessing required documents and proof of shipping to ensure AML compliance and meet contract obligations while preserving payment and settlement commitments to customers.

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Stock Market and Trading

AFSS Stock Market and Trading module interfaces with external systems and supports various financial instruments, including bonds, equity, FX, derivatives, debt securities, and blockchain products. It includes pricing and charges sub-modules for event charges and intraday pricing, with a graphical presentation. AI integration ensures real-time information for pricing considerations.

The AFSS Insurance and Reassurance module allows for the definition of insurance products. It enables the setup of teams and groups, including sales agents, with customisable remuneration and reward packages tied to specific events. The module registers claim events and insurance claims by customers. Risk analysis and assessments are available, allowing users to input preferred values.

Insurance and Reassurance

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AFSS interfaces with general market trading systems, including stock markets, through its modules. The AFSS Brokerage and Agency module captures relevant securities, registers customers, and tracks transaction fees. It provides online functionality, allowing clients to offer their customers 24/7 access to online accounts for registration and trading from any location.