Applicon PeTra is a product for a secure handling of personal transactions based on the rules and regulations implemented by the compliance department within the financial institution.

The product is a third generation, built on layered approach with focus on modern service oriented architecture. It is a web-based system providing an online possibility for employees to report their dealing activities and also to request permission to deal in a certain instrument before the transaction is carried out. PeTra is an efficient product for Personal Transactions, minimizing manual work, reducing risk through built in validation and responsibilities are easily delegated.

Applicon PeTra stores all information in a secure way, making it possible to automatically check if the deal or request to deal is in accordance with the current rules and regulations. All organizational units within the financial institution are separated and there is a full audit trail on all data in the system. All critical information is encrypted, making it impossible for non-authorized users to access data available in the system.

Applicon PeTra is also flexible making it possible to configure the product to meet certain customer requirements. Standard rules are provided with the product and can easily be configured and customized. New rules can be added to the system that are specific for each organization.

SYSTEM MODUELS

The product is based on a modular approach where each module has its own role. The system can also be customized to handle custom specific modules.


Basemodule

  • Report and monitor trades
  • User roles depending on responsibility and dynamic user groups
  • Standard rules and validation
  • One organizational unit

Validation

  • Manage additional validations
  • Manage and configure additional rules and regulations

Organization

  • Manage multiple organizations/branches in different countries
  • Manage different rules setup within multiple organization

Pre-Approval

  • Define process for before trade execution
  • Instant response to trade request

Integration

  • Standard import interface
  • Standard export interface

Compliance

  • External assignments
  • Approval