Generate Comprehensive Reports & Ensure Consistent Data Synchronization Across All Counterparties & Accounts
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
NOVA Report is a Financial Information Reporting system that provides automatic generation of regulatory reports from data on the NOVA database as well as other sources. It retains imported data in a data repository, and populates the relevant reports using that data. These reports are generally scheduled to run automatically using an administrative tool, but can be run manually – for example to print a historic report. NOVA provides a standard report pack for each major market.
Features
A central repository to hold all imported data from all selected major markets.
Holding details of global static data (such as company name, chairman’s name), and report specific static data (such as, person responsible for a report, person’s telephone number).
A set of stored procedures that are used to insert and extract data from the database.
An NT service that manages scheduling of data import to the system and automatic printing of the reports based on set schedules.
A client program that has two main functions including set up and maintenance of report profiles, details of report scheduling, etc.; and manual viewing, or printing of reports on an ad-hoc basis.
Benefits
Consolidate
Utilize NOVA to access aggregated and standardized clearing data instead of dealing with various counterparty credentials and formats.
Generate Actionable Reports
Create customised repots on various activities including trading activities, positions, profit & loss, turnover, and more.
Risk Analysis
Gain insights to understand your risks better and quicker. Estimate the impact of large future changes on the value of portfolios or single positions.
Improve Operational Efficiency
with automated Straight Through Processing and multi tier architecture
Reduce Cost
operate more efficiently, and minimise risk with cloud-hosted infrastructure
Scalable & Future-Ready
with multi tier architecture enabling load balancing and increased security
Lower Security Risks
multi tier architecture that isolates critical data under several encrypted layers
Strong Clearing & settlement
ecosystem with direct interface with all major CSDs across APAC
Improve Compliance
to ever-evolving regulatory requirements across multiple jurisdictions