General Features

  • Holiday Schedule Table
  • Context-Sensitive Help
  • Currency Table
  • User-Defined Customizations

Treasury Bills

  • Calculates Price/Yield
  • Prints Confirmations
  • Manages Inventory

Commercial Paper

  • Calculates Price/Yield
  • Prints Confirmations
  • Manages Inventory
  • Processes Rollovers

Bankers' Acceptances

  • Calculates Price/Yield
  • Prints Confirmations
  • Manages Inventory

Certificates Of Deposit

  • Calculates Price/Yield
  • Processes Deposits
  • Processes Withdrawals
  • Allows Early Withdrawals
  • Allows Rollovers
  • Prints Confirmations
  • Manages Inventory

Repurchase Agreements

  • Collateralizes With:
    • Portfolio Securities
    • Trading Collateral
    • Reverse Repos
  • Handles Both Repos & Reverse Repos
  • Handles Repos & Reverse Repos
  • Overnight, Term, or Good 'Til Canceled
  • Processes Repo Sweeps
  • Collateralizes By Market Value
  • Substitutes Collateral
  • Handles Any Kind Of Variable Rate
  • Prints Confirmations

Money Market Funds

  • Builds Your Own Money Market Funds
  • Prints Money Market Statements
  • Creates Any Number Of Funds

Sweeps

  • Automatically Imports DDA Balances
  • Automatically Calculates Investment
  • Calculates Price/Yield
  • Prints Confirmations

Reporting

  • Reports By Investment Instrument
  • Prints Combined Reports Across Inv Instruments
  • Prints Customer Reports
  • Prints Customer Statements
  • Optional Embedded Report Writer

Accounting

  • Accounting Rules Set Up By Users
  • Accounts For Any Transactions
  • Exports to ACH
  • Chart Of Accounts Defined By Users
  • Posts To Customer DDA
  • Posts To Customer Savings Accounts & Others
  • Split Customer P&I To Different Accounts

Security ID Handling

  • Securities Stored By CUSIP, ISN, Common, etc.
  • Issuer CUSIP Information Retained
  • Trade Security Info Created On The Fly

History Display

  • Display Transaction History Instantly
  • Drill Down To Detailed Transactions

Interfaces

  • Pricing Import
  • CUSIP Import
  • MIMICS Systems
  • GL Export
  • DDA Export

Maintenance

  • Edit & Cancel Trades
  • View Inventory & Drill Down
  • Repricing: Manual Update or Auto Import
  • View Customer Holding & Drill Down
  • Rates: Manual Update or Auto Import

Contra Party Information

  • Look Up By ID #, CIF #, Short Name, or Tax ID
  • Demographic/Mailing Info
  • Categorical Info
    • Account Type
    • Customer Type
    • Sales Rep
    • Corporate Position
  • Other Contact Information
    • Payee
    • Trustee
    • Trustee
    • Secondary Customer
    • Alternate Address
    • Broker
  • Accounting Defaults & Accounting Numbers
  • Trade Preference Information
  • Tax Information & Defaults -US & Others

Historical Reporting

  • Detailed Transaction Activity
  • Activity For Statements
  • Customer History

Security & Audit

  • Password Protection By Menu Item
  • Protection Down To Field & Button Level
  • User Profiles
  • Database Encryption
  • Complete Chronological Audit Trail

Standard Reporting

  • Transactions
    • Daily Transaction Report
    • Cancellations
    • Trade Date Blotter
    • Available Collateral
  • Positions
    • Trade Date Inventory
    • Holdings By Security Type
    • Maturity List
    • Customer Holdings
  • Accounting Reports
    • Settlement Date
    • Inventory
    • Fails Report
    • Settlement Date Blotter
    • Accounting Entries
    • Market Value Report
    • Mark To Market Report

MIMICS Money Desk Overview

MIMICS Money Desk System allows money desk operations to be integrated into a single module, providing reporting across all products and a simple GL or DDA interface to your core system. You can process investments from overnight through longer terms. A wide variety of rate offerings are available from fixed rates through pegged, tiered, and variable. You can process overnight transactions individually or by way of automated sweeps. The system will print confirmations, customer statements, and reports for compliance and management. You can view customer transactions on-screen, and you can drill down through the displays to find detailed information. 

If you would like more information about our products and services, please fill out our online request form.