Transcript Nile Information Technology - NIT

Nile
Information
Technology – NIT
Application Service Provider
Mohamed Abdel
Salam
Chairman & Managing
Director
NIT Ownership
National
Al-Fardan
Bank of
5%
Egypt
10%
3I InfoTech
25%
•
•
•
•
•
MCDR
59%
MCDR
Em ployees
Fund
1%
MCDR
MCDR Employees Fund
National Bank of Egypt
Al-Fardan Institution
3I InfoTech International
Egypt
Egypt
Egypt
Abu Dhabi
Dubai/India
59%
01%
10%
05%
25%
Organizational Chart
Chairman of the Board
Consultant
Managing Director
Sales & Marketing
Director
Sales
Presales
SSB
SSB
CA
CA
CTO
Marketing
Marketing
Segmentation
&Selection/
Business
Development
SSB Department
CA Department
Financial SWS
Department
Financial
SWS
HR Department
F&A Department
Operations
Operations
ASP
Develop, Design
&operate
LAN
Implementation
Infrastructure
Division
Analysis &
Designer
Develop, Design
&operate
WAN
Help Desk
Security
Compliance
officer
Developers
Network
Security
Legal
Department
Support
Support
Testing, Quality
Assurance &
Documentation
Application
Security
Guarding
&Security
Department
Support
Support
Technical
Support
Marketing
Communications
Financial
SWS
Network
HR Operations
Training &
ORG
Development
Finance
Administration
NIT Technical Structure
NIT
Financial
Systems
SWIFT Service
Bureau
Certificate
Authority
NIT Financial Systems
 Clearing & Settlement Systems
• Settlement System – CSD
• Clearing System – Clearing Banks
 Central Depository Systems
• Deposits System – Custodian Banks
• Central Depository System – CSD
• Pledge System - Banks
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Custody System – Custodian Banks
Trading System - Brokers
Auto Blocking System – Brokers
Settlement Guarantee System - Brokers
Back Office System – Brokers & Custodian
Banks
Market Overview
Regulator
Custodian
Balance
Confirmation
1
Selling
Order
Stocks11
Value
Custodian
Securities
Auto Blocking
2
Portfolio Transfers
Buying
Order
2
Broker
3
Offer
Exchange
Addition to
Settlement
9Account
Investor
Clearing
Bank
6
8
Settlement Accounts
Balances
Credit Instructions
TRADE EXC.
4
Executed
Trades
CSD
10
Debit/Credit
Clearing Banks
Central
Bank
2
Bid 3
Buying
Order
Stocks
Value
Broker
5
Feeding
Settlement
Accounts
1
Investor
Clearing
Bank
7
Settlement Accounts
6
Balances
Debit Instructions
8
Covering
Default
SGF
Financial Systems
Ex. Custody System Overview
Securities Blocking
1. Issuing Buy & Sell Orders
Yes or No Balance
Brokerage
Firms
2. Portfolio Transfer to another
custodian
Clients Orders
3. Auto matching executed trades
with clients’ instructions/orders
Issuance of Clients
Statement of
securities accounts
Clients
4. Recording Deposits
5. Clients’ balances/positions query
Sending matched
transactions and
transfers for
settlement
Receipt of matched transfers
CSD
Custodian Banks
Financial Systems
Custody System Features
• Connected to the Exchange, CSD and brokers.
• Easy management of shareholders’ accounts.
• Several security levels and segregation of
tasks.
• An extra backup to the CSD database.
• Fully automated with Journal & printouts for all
operations.
Financial Systems
Custody System Basics
The system depends on three main axis;
• Using client unified code applied by the
Exchange
• The Auto Link between the CSD systems and
the custodian systems
• Applying the auto match concept (matching
trades executed at the Exchange with investors’
instructions)
SWIFT Service Bureau
Broker-Dealers
56 Brokers
Current Situation
SWIFT Service Bureau Cont.
Banks
Corporate
Insurance companies
Government
Institutions
Broker-Dealers
Investment
Managers
SWIFT
Service
Bureau
Clearing systems
Stock Exchanges
Depositories
Trustees
Future Vision
Settlement
Systems
Payment
Systems
Certificate Authority - CA
Current Situation
Brokerage Firms
Paper Work
Signature Required
Issuers
Custodians
Clearing Banks
Cash
Dividend Banks
Investors
Query
Primary Dealers
Capital Market
Authority
Connected
Without legal Evidence
Stock Exchanges
MCDR
MCDR Employee
Certificate Authority - CA Cont.
Brokerage Firms
Future Vision
Issuers
Digital Signing
Custodians
Cash
Dividend Banks
X
Investors
Query
Primary Dealers
Connected
With Legal Evidence
Stock Exchanges
MCDR
MCDR Employee
Clearing Banks
Capital Market
Authority
Thank You