The "Integration and Management System for Property Insurance Account" is a set of management services for property insurance to assist clients in handling subsequent operations after the completion of front-end investment transactions, such as daily checkout operations, entrusted returns, delivery, assets configuration, financial inspection reports, accounting and other operations when carrying out investment management of owned funds. This system has been assisting major life insurance companies in Taiwan and has successfully introduced APEX International's property insurance account integration system, carrying out the latest IFRS accounting standards compliance additions maintenance work on systems that have been stable for many years.
System Features
- Complete list of financial investment commodities
- It can manage live deposits, fixed deposits, short tickets (CP, NCD, PGN and FRCP), bond conditional, bonds (public bonds, corporate bonds, financial bonds, CLN and ELN), securities (listed stocks and ETFs), special shares , beneficiary certificates, futures, bailout loans, loans and real estate, implement data classification and database construction.
- Multi-Fund Portfolio Management
- Financial assets (including loans) and financial liabilities (including deposits) are integrated inside the system platform, which allows for more efficient management and control of changes to the whole investment, lending and deposit facets, and investment positions can be adjusted according to the company's internal professional judgment to comply with company internal regulations and laws.
- Customized reports
- Provides more than 100 types of management and financial statements required for various transactions and accountings; each report has its screen display, print and transfer functions. Various reports can be generated quickly, which make it easier for contract managers to print.
- Stock option commodity basic information download
- Provides the download of basic information on futures and options, and uniformly uses the codes compiled by the futures exchange to increase the code identifiability and reduce code duplication.
- Automatic daily balance to reduce labor
- Various investment transactions are evaluated, and the daily balance is closed based on the day’s closing price, the corresponding voucher is automatically generated and posted directly to the accounting general ledger system, eliminating the burden of manually issuing vouchers.
- Fully automatic closing price data transfer
- Provides the download for closing price settlement price of futures and option, evaluates and executes the settlement based on each day’s closing price, the corresponding voucher is automatically generated and posted directly to the accounting general ledger system, eliminating the burden of manually issuing vouchers. In addition, a manual voucher input interface is also provided to resolve exceptional accounts.
- Complete access rights management, no risk of leaks
- Provides complete access rights management function: only authorized users can log in and use the query, change or print related data functions, without worrying about information leakage.
- Provide transaction return function
- Provides a complete and secure control mechanism for operations such as modify, delete and reply to important transactions settlement; all functions can only be performed with the authorization of the supervisor, and transaction release details authorized by the supervisor are available for inquiry.
- Account’s designated charge-off function
- When trading, select new positions, system offsets or designated offsets according to the current market transaction characteristics.
- Detailed and reliable accounting system
- At present, the basic accounting treatment principles and the formulation of accounting subjects are designed according to the "Banking Accounting System Model" issued by The Banker Associations of the Republic of China. Special treatment methods can be planned and designed separately if required.
- Data transfer of property insurance accounting general ledger
- It can work with the customer's property insurance company's back-end accounting general ledger to carry out related report data transfer operations.
