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HOME Solutions & Services I-STAR/GV

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I-STAR/GV

A Back office solution for securities firms' cross-border operation *

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I-STAR/GV is a solution designed for brokerage firms, Prime Brokers and Custodians. Aimed at financial institutions who have back offices in multiple locations, and who wish to eliminate system investment for each location and reduce inefficient operations spanning across locations. Real-time processing is possible for back office operations across multiple locations.

Overview

In recent years, the volume of business in the wholesale market has increased, driven by the advancements of electronic trading, and an increase in global funds requiring global transaction processing. Process improvements for back office operations has become an urgent matter for all investment institutions including brokerage firms.
I-STAR/GV is a multi-enterprise, total back office system which makes real-time processing of back office operations occurring in multiple locations possible. I-STAR/GV provides advanced processing functions capable of reducing workloads of manual operations.

Clients

Brokerage firms, Prime Brokers, Custodians

Features

1. Real-time processing of back office operations across a group's multiple locations (multi-enterprise)

  1. User-friendly, with a single sign-on system and single database. I-STAR/ GV reduces the burden of operational errors arising from having to input in systems that vary depending on the location.
  2. Real-time processing of operations in multiple locations allows easy reconciliation within a single database.
  3. Easy referencing of inter-company transaction data and creation of integrated reports for multiple locations.
  4. Flexible user access control settings

2. Multi-currency, multi-asset management for various transactions

  1. Comprehensive management of back office operations such as including Trade management (cash instrument, loan repo, exchange, deposits/loans, etc.), clearing, balance management, rights and dividends processing, accounting, etc.
  2. A total system with a multitude of available functions necessary for back office operations. Can be used as a comprehensive solution or by selecting particular components and functions.

3. Advanced Corporate Actions processing which reduces manual operation workloads.

  1. Compatible with Corporate Action processing and agent operations such as interest, redemption, dividends, stock dividends, mergers and acquisitions.
  2. Rights and dividends processing functions include not only cash instrument transactions but also Stock Loan and Repo financing transactions
  3. Whenever Corporate Actions change, details of entitlements can be automatically recalculated
  4. Ability to conduct mark-to-market valuation taking into account rights and dividends payable date.

4. Highly Scale-able and low-cost response to transaction volume increase

  1. Because of the three-tier architecture (database, business logic, web application) and scale-able configuration, fast and low-cost response to volume increases is possible through the addition of small-scale servers where needed.

How it works

  • Real-time processing of back office operations occurring in a group's multiple locations
  • User-friendly, with a single sign-on system and single database. Reduces the burden of and operational errors arising from having to input in systems that vary depending on the location.
  • Real-time processing of operations in multiple locations allows easy reconciliation in a single database.

Functions

  • The total back office system offers the following functions.
  • You can choose to obtain only particular functions, such as corporate actions.
Classification I-STAR/GV function overview
References master management Data management and reference for security information, account information and other core reference data.
Transaction management Execution calculations
Execution matching
Customer confirmation processing
Market matching
Debt clearing and settlement management Debt clearing instruction matching
Market settlement
Custody bank delivery (SWIFT connection, etc.)
Balance management Mark-to-market valuation of firm and customer balances, profit and loss management and customer statement creation
Custody bank securities/fund balance matching
Cash and Funding management
Stock record
Corporate actions Balance confirmation, Corporate Action confirmation
Corporate Action and dividend information tracking
Accounting Rules Based journal processing
Integration with Corporate Ledgers
Other Exception based STP (Straight Through Processing)
Flexible integration with external systems

*Unauthorized reproduction or copying of any of the contents of this page is prohibited.
*The contents of this page are current as of April 2024. The specifications and prices of products and services are subject to change without notice. Offers and sales of these products and services are subject to cancellation without notice.

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Contact Us

Phone: +81-(0)50-3173-9070 (I-STAR General Inquiries)