Financial Software Suite

MIMICS provides products for a broad range of financial institutions and finance stakeholders. This ranges from finance departments of corporations to banks, brokerage houses, and central banks. MIMICS customers include

  • Corporate finance departments
  • Commercial banks
  • Brokerage Houses
  • Mutual Fund Administrators
  • Hedge Fund Administrators
  • Pension Fund Administrators
  • Financial Advisors
  • Registered Transfer Agents
  • Wealth Managers
  • Security Depositories
  • Central Banks

MIMICS has a complete suite of financial products for each of these industries. Coupled with MIMICS suite of accounting and ERP products, MIMICS can completely automate a financial institution.

MIMICS’ CRM System will handle setting up and administering customer accounts. It integrates data from the various asset and liability accounts of the customers such as the customer’s securities portfolio, loans, repos, real estate and other holdings. All of the financial products can create accounting entries, according to specific accounting rules, for posting to a General Ledger specific for the account with other entries going to the MIMICS client’s GL. Other entries can be made by accounting products into the same GL to completely cover the needs of the company.

If a pension, hedge, or mutual fund is being managed, the General Ledger will manage all accounting in order to provide an accurate NAV.