>> Introduction of the Platform
Shine Securities Management Platform (E-SIMS) is the brainchild of SHINE after all these years engaging in the development of software for the registration and clearing business of the securities companies and the provision of system solutions. The platform combines many dealers’ ideas and caters for their diversified needs in securities clearing and management processes, provides securities companies with technological back-up and protection in areas such as business technology support, standardized investment management and decision support. The platform also establishes a securities operation mechanism upon which the securities companies can provide its quality services. The platform also enables the securities companies to establish a scientific decision-making process, standardize its operation, enhances its management efficiency and facilitates its sustainable, stable and healthy development. E-SIMS is developed according to the industry standard and fully complies with different prevailing management regulations and systems in the securities market such as Corporate Capital Settlement Regulation, Centralized Securities Registration and Custodian Regulation, Customer Deposit Management Regulation etc.
The E-SIMS is developed as a flexible modular system and supports standard interface with third party application solutions. The objective of E-SIMS platform is to support business restructuring easily by reorganizing the modules and users can therefore adjust the system in response to their operating environments.
The E-SIMS is currently applicable in securities clearing, fund clearing and management, accounts opening and depository operation and also supports for fund transfer and management between bank and securities sectors.
The major target customer of E-SIMS application include clearing, treasury, finance and sales division of the securities entity headquarters, their sale office network and other relevant working units.
The product may be implemented by large- to small- scale securities companies in China. Different platform specifications are available for securities companies of different scales and for different application scopes.
Platform Application
Capital Settlement and Management System
The system mainly processes the primary fund clearing between the securities company entities and the China Securities Depository and Clearing Corporation, and secondary clearing of fund between the securities companies’ headquarters and their respective sales office networks. The system supports clearing of fund denominated in RMB and foreign currencies such as US dollars and HK dollars, and it also provides interfaces for different financial software systems (e.g. Kingdee Financial、Cheeloosoft Financial、安易財務、Ufsoft Financial and Oracle Financial), as well as general enquiry and statistical analysis of fund.
Securities Clearing and Settlement Processing System
The system mainly processes the transactions of securities companies in the area of non-trading clearing, interest distribution, custodian operation, shares reconciliation and share collection. It also provides general enquiry and statistical analysis of shares and supports various business types and numerous clearing practices.
Corporate Account Opening & Management System
The system handles securities account opening and depository matters in the sales department of securities companies, including the opening of A- and B- share accounts, non-trading transfer, instructions management, shareholders’ information management and SIM card (代碼卡) management. The system also monitors the account opening situations at respective sales departments and exchanges data with the PROP2000 of CSDCC Shanghai Branch and the IST of CSDCC Shenzhen Branch.
Remote Account Opening & Custodian Operation
The system facilitates the securities account opening business of financial institutes (e.g. banks) other than securities companies.
Management System for the Transfer of Fund between Bank Accounts and Securities Accounts:
Electronic instructions are sent to the banks via the system and processed by the banks where results are then sent back to the customers immediately. The whole procedure is processed electronically through a network; hence, high efficiency is achieved. The system connects the interfaces of the banks to E-SIMS and links up the clearing network of the dealers and the settlement network of the banks, providing securities companies with prompt, reliable, safe and real-time fund transfer, fund recording and enquiry services.
Platform Characteristics
Advanced System Architecture: With the three-tier communication framework which supports C/S and B/S, the platform can be easily connected to terminal systems of different customers. The system adopt a thin-client structure as its client end and therefore that the system’s scalability is ensured.
Highly Adaptive and Scalable: The system is designed and operated in modular structure. The mutually-independent modular structure flexibly enables the users to assemble the system according to their different business needs and effectively lowers the system investment cost.
Flexible and definable User Authority: User’s system access authority is defined and managed using a matrix structure which allows different users to access to the system’s pre-defined functional modules only in accordance with the pre-defined standards according to their pre-defined authorities. An interactive interface between the users and the system is dynamically established to ensure the Company’s management policies and standard are strictly followed.
Balanced Loading for Communication Server: The platform supports communication server cluster which allows flexibly configuration of the communication service procedures according to network size and connection traffic and frequency of the client terminals, and ensuring a balanced loading of the system.
Comprehensive Functions: The system is inter-connected between the CSDCC Shanghai Branch, CSDCC Shenzhen Branch, clearing banks, securities firms’ headquarters and their respective sales network. It not only handles the settlement and management of various types of securities, but also provides a comprehensive and integrated solution for securities firm’s centralized transaction processing, at regional, national or other various levels, and enables the information sharing and connection between trading floors in Shenzhen and Shanghai.
Flexible System Configuration: Tabular Driver mode is used in the development of the system. The whole system can be easily configured according to different business needs.
Fully Compliant with the Securities Industrial Standard: The platform is developed and maintained from time to time according to the then prevailing securities industrial standard and fully complies with various rules and regulations in domestic securities market such as Corporate Capital Settlement Regulation, Centralized Securities Registration and Custodian Regulation, Customer Deposit Management Regulation etc.
Distributed Data Processing: The platform supports distributed processing of business data in order to facilitate simultaneous and interactive business data processing, backup, recovery as well as data management.
Broad Coverage: The platform is developed with reference to the business management practices of securities companies with different scale from small-, medium-, to large-scale securities operations. Customers are allowed to implement their management policies flexibly in the system.
Customizable Reporting: Independent reporting management system facilitates users to design and generate report according to their own specific requirements.
State-certified Data Security and Encryption Protection: With the use of advanced data security and encryption technologies in China, the SSL communication security protocol, the identities of the communication parties can be verified. The platform also ensures the data integrity and completeness by adopting International Digital Signature Algorithm.
Ensure Network Communication at Low Bandwidth: Data Communication is processed by compression and optimization technologies, which ensures a swift, secured and efficient data transmissions.
Automatic Upgrade and Installation: The modular design ensures one-to-one processing in their system upgrade. Any upgrade of the system, including the resources adjustment and relocation will be executed automatically and any upgrade and installation can be completed via Internet.
Platform Structure
The Structure of the platform is set out as follows:
>> Operating Environment
Software environment:
Server System Platform: Standard: Windows 2000 Advanced Server (Chinese Version); Compatibility: Windows NT Server 4.0 (Chinese Version), Windows 2000 Server
Database System: Standard: Microsoft SQL 2000; Compatibility: Microsoft SQL 7.0
Authentication Gateway: Standard: Windows 2000 Professional (Chinese Version); Compatibility: Windows NT Workstation 4.0, Windows NT Server 4.0 (Chinese Version)
Communication Server: Standard: Windows 2000 Professional (Chinese Version); Compatibility: Windows NT 4.0, 2000 (Chinese Version)
Headquarter Workstation System Platform: Standard: Windows 2000 Professional (Chinese Version); Compatibility: Windows 98, NT, ME, 2000, XP (Chinese Version)
Sales Office Workstation Terminal: Standard: Windows 2000 Professional (Chinese Version); Compatibility: Windows 98, NT, ME, 2000, XP (Chinese Version)
Hardware environment: (minimum configuration)
Server: CPU PIII 600x2, RAM 512M, SCSI HD 18Gx2, Dual NIC 100M, RAID Card;
Communicator: CPU PIII700, RAM 256M, HD 6.4G, NIC 100M;
Authentication Gateway: CPU PII500, RAM 64M, HD 6.4G, NIC 10/100M;
Headquarter Workstation: CPU PII600, RAM 64M, HD 6.4G, NIC 100M;
Sales Office Workstation: CPU PII500, RAM 64M, HD 6.4G, NIC 10/100M;
Encryption Card: SJY02;
Successful Applications
More than 60% of the securities companies in China are currently using this platform, such as BOHAI SECURITIES、FORTUNE SECURITIES 、GREAT WALL SECURITIES 、D’HONG SECURITIES 、FUCHENG SECURITIES 、EVERBRIGHT SECURITIES 、GUANGDONG SECURITIES 、GUANGFA SECURITIES 、GUOYUAN SECURITIES 、HAITONG SECURITIES 、HANTANG SECURITIES 、STOCKFLY SECURITIES 、HENXIN SECURITIES 、HUAFU SECURITIES 、CHINA DRAGON SECURITIES 、WEST CHINA SECURITIES 、CHINA SECURITIES 、CHINA FORTUNE SECURITIES 、JIANQIAO SECURITIES 、JIANGNAN SECURITIES 、GOLDSTONE SECURITIES 、UNITED SECURITIES 、MINFA SECURITIES 、CHINA SOUTHERN SECURITIES 、QILU SECURITIES 、SHANXI SECURITIES 、CENTURY SECURITIES 、SUN SECURITIES 、TIANTON SECURITIES 、XIANGCAI SECURITIES 、NEW CHINA SECURITIES 、XINJIANG SECURITIES 、INDUSTRIAL SECURITIES 、ASIA SECURITIES 、GALAXY SECURITIES 、CITIC SECURITIES 、ZHONGCHENG SECURITIES 、ZHUHAI SECURITIES 、CENTERGATES SECURITIES 、ZHONGXIN Affiance、KINGHING SECURITIES 、HONGYUAN SECURITIES 、SHENYIN & WANGUO SECURITIES. etc.
