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Phokast RTC (Real Time Clearing)

Created By: Sensiple
Created On: 17 Apr 2020
Type: Web
Category: Finance

Sensiple’s “Phokast RTC (Real Time Clearing)”, is a proprietary state of art solution which is simple to use, intuitive, reliable, highly configurable and elegantly designed real time clearing solution for clearing members and trading members who are trading with JSE - Johannesburg Stock Exchange. Sensiple, an ISV of JSE, have successfully tested real-time clearing & settlement solution for JSE’s ITaC clients. Phokast-RTC is available as both web-based as well as thick client solution for clearing members and trading members complying with EMAPI messaging protocol to establish connectivity and performing the following daily clearing operations.

1) Configuring & managing clearing member / trading member environment such as user accounts, margin accounts, cash accounts, data subscriptions and risk settings.

2) Performing deal management activities like trade allocation and trade give up for on book & off book trades.

3) Managing client margin accounts and position accounts based on the data provided by JSE.

4) Subscription management events.

5) Seamlessly generating 100+ reports based on reporting requirements using any reporting format, any number of reporting fields, scheduled at any reporting event.

6) Track, monitor and perform daily activities of business users using extensive workflow and case management components.

7) Processing settlement instructions and managing collaterals by sending or receiving SWIFT Messages to central securities depository and banks.

  • Secured connectivity with CCP & exchange.
  • Highly configurable, scalable and flexible solution.
  • Interactive dashboards for tracking business process.
  • Real-time risk calculation and alerting system.
  • Ease to perform trade allocations and trade give-ups.
  • Subscribing data in real-time and on-demand basis.
  • Access control through user and role configurations.
  • Audit trail and archive mechanism enabled.
  • Dashboard Click to enlarge
    Phokast RTC
    Commission%20stucture Click to enlarge
    Phokast RTC
    Workflow%20management Click to enlarge
    Phokast RTC
    Report%20management Click to enlarge
    Phokast RTC