| MIMICS, Inc. | sales@emimics.com |
| 10701 Lomas NE | |
| Suite 218 | 505-332-9220 (voice) |
| Albuquerque, NM 87112 | 505-332-3148 (fax) |
MIMICS Front Office System shows your available inventory to help you give quick quotes to your customers. The system handles fixed income securities, equities, fixed income derivatives, and equity derivatives. Once there is a sale, your trades are automatically transmitted to the back office for further processing.
The Trade Inventory Screen is the major interface for the salespeople. It shows the current inventory that can be sold to customers, it maintains commitments by customers, and it serves as a traffic manager for the salesperson. It is an "intelligent" inventory that notifies the salesperson of a potential customer for specific trades. You can search the current inventory for the security you want, or you can let the system automatically choose it.
The Investment Calculator makes dollar price and yield calculations for fixed income and mortgage backed securities. It also makes generic financial calculations such as days between dates and present value, it calculates volatility, and the calculations can be saved for later use.
If the customer wants to think about your offer before committing to the deal, save your quotes by using the Quote Manager feature. When you contact your customer again, pull up the quote you saved, change it if necessary, and then activate the trade.
When trades are entered, price/yield and accrued interest calculations are made. Purchases are instantly added to inventory and the sales immediately reduce inventory. The Trade Blotter is available in real-time. Tickets are prepared along with daily management reports. Inventory available from other sources can also be added and can be segregated. Accounts can be consolidated per your definition. As the trade is completed, sales commissions can be calculated and commission reports can be printed later.
The activation of the trade immediately integrates the trade to the MIMICS Back Office System. The trade can be automatically processed by the back office, or a control point can be established that requires back office acceptance of the transaction. When the trade is accepted by the back office, commissions are calculated, confirmations are printed, and compliance reporting is available within seconds.
The system also works as your sales assistant. It keeps track of your appointments and calls, and the system will automatically prompt you for these tasks. The system will also keep track of your customers’ trading preferences, and it can maintain detailed records of your conversations with your customers.
The MIMICS Front Office System is designed to help you organize your sales efforts and close more sales. It offers a smooth interface to the back office, and it easily enters and tracks all trades. The system assists in providing reports for management while complying with government regulations. All of this is accomplished with minimum operator time, and with the utmost regard for the security and integrity of your operation.
If you would like more information about our products and services, please fill out our online request form.