SYSTEM10 is unique in the treasury systems market in offering a fully integrated solution incorporating the latest technical developments in a scalable system.


A Flexible System
SYSTEM10 is a cash flow oriented and transactionbased treasury and risk management system available on the Windows NT platform. Depending on configuration, the system can be used by small treasury operations to banks or large corporate treasuries with several sites covering multiple time zones.


Straight Through Processing
The original version of the system was released in the early eighties. Today SYSTEM10 has evolved to a straight through processing system, covering all aspects of the modern treasury operation, from front- to middle and backoffice. The system supports trading in foreign exchange and interest bearing instruments as well as equity and commodity trading.


Key Features
A high level of automation is provided in the system, coupled with reliability, comprehensive security features and realtime processing. SYSTEM10 is a turnkey solution that can be up and running without delay.


Market Coverage
SYSTEM10 offers a versatile instrument driver. Through this most instruments traded in the market can be defined, from basic instruments through exotic derivatives and structured deals. The system provides coverage for most types of markets, such as Money Market, Foreign Exchange, Bond Market, Equities, Commodities, Options, Exotic Options, Futures, Long Term-Debt and more.


Risk Management
SYSTEM10 offers a rich selection of tools for analysing foreign exchange, interest rate risks and positions in real time. Risks are analysed and can be compared to benchmarks. The effect of variation in market prices can be examined, and changes in the market positions can be simulated. The screens and graphs are easy to interpret and provide valuable information upon which risk management decisions can be based. Tools are included for Value-at-Risk, Interest Distribution, Limit Analysis, Stressing of Market Conditions and other types of what-if analysis.


Cash Management
Cash management is an essential part of any treasury operation. SYSTEM10 provides the tools for handling payments, bank reconciliation, forecasting, cross-border cash pooling, multilateral netting, multi currency call-accounts and more. Cash Management involves handling of large volumes and is a time-consuming and thus error prone task. SYSTEM10 provides a high level of automation, minimising errors and reducing bank charges as well as other transaction costs.


Accounting
SYSTEM10 is continually updated to keep up with the development of accounting practices, for example by implementing accounting standards like FAS 133, FAS 138 and IAS 39 at an early stage. The system uses proprietary General Ledger functions, and provides standard interfaces to many popular general ledgers.


Multi-site Operations
SYSTEM10 is a very scalable system. It can be configured for a small operation with a handful of users, as well as for a global installation allowing for operations around the clock, across several dealing rooms and with subsidiaries connected via the corporate web.


Security
The security options of SYSTEM10 are tailored to suit the demands of different types of organisations. Features may include full audit trail, separation of duties, database encryption, user configurable permissioning system and password protection.