NOVA Accounting
Complete Solution
With the complexity and volume of corporate action events increasing, the NOVA Corporate Actions provides a centralised and reconciled view of corporate actions across all markets, asset classes or currencies.
Simple & Flexible
The platform allows users to define and create corporate action types and workflow instead of depending on development changes, thereby significantly increasing efficiency and enabling faster time to market.
Events Agnostic
The NOVA platform supports corporate actions from cash dividends, bonus issue, share split, consolidation, interest payment and more
The NOVA Account module provides client accounting facilities to support the various financial transactions generated within the NOVA system. It includes management accounting functionality and provides an export facility for transferring account balances (according to user-defined consolidation rules) to other general ledger systems.
Features
Multi-Currency / Transaction & Value Date Accounting
Cross-Company and Cross-Currency transactions
User-defined transaction posting rules, Accounting Periods and Account groups
Real-Time Account Balance and Transaction Enquiries
Journals
Periodic and ad-hoc report generation
Double entry accounting for Stock & Cash
Supports both File and Real-time API adaptors
Periodic Statement Production in User-Defined Statement Format