WMS is designed for financial institutions focused on the most profitable customer segment - high net worth individuals who aim to increase their net worth through good investment portfolio management practices. Its customer centric approach and one-to-one marketing features will not only enable you to deliver customer services, but also help you to increase customer acquisition, retention, and profitability.

Support a wide range of financial instruments
WMS allows financial institutions to manage their customers' total net worth, including portfolio holdings such as mutual funds, bonds, equity-linked deposits, high-value deposits, stocks, etc.

Provide unique CRM features
WMS provides the following CRM functions and features:
-    A single real-time view of the customers' total financial picture, including summary and detailed transactions,
-    A single real-time view of the customers' total financial picture, including summary and detailed transactions,
-    A single consolidated customer statement,
-    A single view on multiple accounts and/or, joint accounts,
-    Enquiry of total customer values and profitability information,
-    Relationship and special promotional pricing, and
-    Cross selling information.


WMS Application Architecture

WMS has 3 (three) application layers: the foundation layer, the product layer and the presentation layer.
-    The foundation layer contains all the basic components required for supporting any financial products as well as other emerging products in the future. Some of the key features/capabilities include:

• Multi-Branch Support
• Multi-Currency Support
• Multi-Product Support
• Multi-Customer Account Support
• Rule-based Flexibility for Charging, Pricing and
• Product Structure
• Standard Scheduled & Ad-hoc Reporting Support
• Interfacing with External Systems Support
• Comprehensive Security Support

-    There are several system modules within the foundation layer:

• System Administration Module for the setup of different system wide parameters such as product profile, party profile (e.g. issuers, found houses, banks, insurers, etc.), branch/department, holiday groups, etc.
• Security Control & Access Module for defining user profiles and related access controls with proper security policy and audit trails.
• Customer & Account Profile Module for the setup of each customer profle providing support for multi-accounts, joint accounts, multiaddresses, etc.
• Customer Portfolio/Position Module for summary and detailed financial positions and portfolios.
• Pricing Module for the setup and maintenance of versatile structure for the pricing of each specific financial instrument.
• Sales Performance/Commission Module for providing flexible product specific sales performance/commission schemes and related reporting information.
• Interfacing Module for the support of automated interface to payment system, general ledger system, deposit account system, etc.

-    The product layer allows new financial products to be defined, configured and plugged into  WMS with ease. This layer provides support for frontoffice, middle-office and back-office operations including all the online transaction processing (OLTP) functions. Products modules include the following:

• Mutual Funds - This is a comprehensive product module for the daily management of the Mutual Funds Operations. This module is designed to handle funds from different fund houses, capturing all transactions including buy, sell and switch of funds, printing order confirmation and statement, allocating dividend as well as handling different corporate actions and transfer of unit holdings.
• Bond - This product module provides support for the daily management of the Bond Operations. This module is designed to handle retail bonds from different issuers, capturing deals, printing advice/confirmation and statement, handling couple payment, bond redemptions, and transfer of bond holdings. Bond IPO is also supported.
• Equity - This product module provides support for the daily operations of the sales and purchases of the equity. This module is designed to handle equity from different issuers, capturing deals, printing advice/confirmation and statement.
• Other product modules will include High-value Deposits, Etc.

-    The presentation layer allows the financial institutions to define and change the look and feel of the overall system and project the unique corporate image internally and externally.

How WMS will benefit your organization:

• Reduce processing time;
• Simplify Process;
• Enhance communication to Customer.

For inquiries please contact Hazairin ( hazairin[at]praisindo.com)