DeaLane is different from other Back Office Systems because it was built upon up-to-date technology while reflecting all of our trading expertise and experience in settlement solutions. DeaLane is first choice for settlement of MM and FX deals.
Basic concepts we adopted for DeaLane are:
» service- oriented architecture (SOA)
» cash-flow based – event driven
» queue concept
» abstract import/export layer
» generic document generation
» STP enabled through automatic workflow
» comprehensive control set
This leads to several benefits
» full scalability
» business logic in structured modules
» open for customer interfaces
» high degree of automation
» continuous operation
» future-proof because of latest technology
Cutting edge functions like netting, counterparty merger, deal splitting, change of clearer etc. make Back Office users their day-to-day routine easy.
Above all DeaLane’s multitenancy feature allows service center operation, e.g. white labeling.
DeaLane’s service- oriented architecture (SOA) means clear and straightforward modules with defined business logic and message interfaces. Such services allow several computers to collaborate and share the load making DeaLane fully scalable. Even multiple services execution is possible to furthermore increase performance.
To give customers full flexibility DeaLane uses transparent XML-layers for all of the products interfaces, in- and output. Built upon that layers are several adaptors, needed for technical interconnection and transfer protocol implementation.
Import can be full transactions or simple cash flows. Cash flow blocks make up the most flexible structure and can be used for all type of instruments.
All output documents beside their specific and dedicated format are available as XML file too - whether email confirmations, bookkeeping records or SWIFT paymenst. Such XML-structures are furnished with all information available so that customers can create their own layouts and documents based on DeaLane’s standard output.
Users can display all data using different access levels such as trade, transaction, cash-flow.
According to the preset level of STP-processing documents have to be released by the user or will be processed automatically.
Documents Generation and Editor
All documents relating to trade transactions are generated in the background and can be displayed by the user in different formats including the final layout. Depending on user authorization documents can be modified by means of dedicated document editors.
All relevant SWIFT messages in the area of confirmation and payments are generated and placed in the respective send-queue.
DeaLane comes along with a practical control set, e.g. cut-off times per currency and payment mode, emergency lock, trade segment and CLS role per counterparty, and many many more. And thus helps its users to manage their workflow.
To make the daily job easy and to assure proper execution DeaLane offers something like a ‘to-do-list’ (called worklist) where users can recognize at a glance what has to be dealt with. All events rejected by the system will also immediately appear in the list.
The Master Control Panel gives the supervisor a complete overview over system status and content of all queues (both error and process queues).
DeaLane comes along with the whole bunch of master data such as
» standard settlement instructions (SSI)
» account tables
DeaLane allows multiple SSIs to be stored with each counterparty and currency with specific assign rules to be applied.