The Silverlake Investment and Capital Market Solution comprises several modular components. It has been designed in a modular foundation to offer superior efficiency and performance, better control, flexibility, ease of expansion and add-on functionalities, and better integration. The solution caters for straight-through processing, multi-product, multi-currency and multi-exchange market.

The components include the:

• Silverlake Universal Broking System (SUBS)
• Trustee Management System (NetTrust)
• Asset Management or Portfolio Management (NetAsset)
• Internet Trading System (NetTrade)
• Brokers Short Messaging System (NetSMS)
• Brokers Order Management System (NetOMS)

Silverlake Universal Broking System (SUBS)
The Silverlake Universal Broking System is responsible for the back office operations, product development, share margin processing, nominees and custodian, customer and bank settlement, reconciliation, general ledger accounting, reporting and risk management functions. Among others, it is capable of:

• managing multiple exchange, multi currency and 24*7 operations
• managing a common Customer Information File (CIF)
• managing Central Depository System account with the Exchange (linked via order management system)
• managing share margin account and limit setup, charges, dividend, price capping
• managing different and multiple collaterals
• custodian and nominees functions and corporate actions covering dividends, rights, bonus
• trades settlement
• datawarehousing
• MIS and statutory reporting
• risk management
• General Ledger accounting

Trustee Management System (NetTrust)
NetTrust is an application that a trustee management company uses to fulfill its' obligations to corporate customers. Customers turn to trustee companies to help them manage:

• private debts securities (PDS)
• private trust,
• unit trust or mutual fund
• will management

This module offers a process driven approach, with a built-in work process engine that helps monitor a customer's obligations to regulators and stakeholders.

Its automated comprehensive compliance monitoring component meanwhile helps eliminate the mundane tasks of tracking investments movements and document submission manually. Another significant part of the system is its methodology of turning unstructured data into structure data.

Asset Management or Portfolio Management (NetAsset)
NetAsset is an application which manages fund investments and ensures that investments are within the parameters set in the portfolio mandate and compliant to the fund's objectives. The system also automatically produces the performance of the funds to be submitted to public, regulators and clients.

The wide range of instruments ranges featured covers equities, futures, repos, collective investments and structured products. Reports can be generated into a number of formats such as web, PDF and Excel for further reporting.

The unique feature of this system is its process-driven architecture where obligations and violations of fund mandates are automatically tracked and alerted to users.

Users can also analyse strengths and weakness of the team based on performances with the system's funds profiling feature. This can be used as a team improvement or marketing tool.

Internet Trading System (NetTrade)
This system is a collection of modules that allows stockbrokers to launch their own Internet trading system (via PC or mobile devices). The modules contain web components to build web portals, online stock price display system, research publication system and back office interfaces to deliver client positions.

The following components make up the core of the system:

• Routing engine ensure orders are routed to the right dealers
• Price dissemination system to provide online stock price display
• Research publication system that manages the entire process of generating article and publication of research information

The system manages the entire user registration process including users' usage of the system resources and features.

Brokers Short Messaging System (NetSMS)
Another indispensable retail stockbroker system is the use of short messaging for price discovery, client and trading positions. The system allows a two-way short messaging between the clients' cell phone and the stockbroker. The entire process is automated. The system provides API interfaces to extract information from the price dissemination of NetTrade and API interfaces, to back office systems to extract client information.

The system has its own accounting system where users can configure and set up automated alerts on stock movements such as price, index, and time trigger.

Brokers Order Management System (NetOMS)
NetOMS is an order management system catering to the dealers' dealing in equities, options and futures trading. The system provides two order acceptance modes:

1. FIX connectivity - where other systems which uses FIX based messaging can directly send orders to the NetOMS system. Other systems include NetTrade - the online retail trading system to route orders to dealers. Upon acceptance and credit checks, the orders are routed to the stock exchange.
2. Manual entry of orders where order are taken via traditional means (phone and fax).

NetOMS incorporates two modes of trading mechanism:

1. Dealer managed - all orders will be managed by the dealers. The system provides tools and facilities to help dealers manage the clients' orders. Facilities to inform customers electronically are also embedded within the system.
2. Direct Market Access (DMA) - where a "dealer-less" system can be connected directly to the stock exchange system. In this mode, clients can directly manage order submission themselves.

Orders matched are electronically sent to dealers and clients. In addition, the system also allows chief dealers to monitor orders and trading activities locally and remotely.