SBMS – Security Bond Management System

Customize Banking Software

The Security Bond Management System (SBMS) is a product of Softcell Solution Limited, a software firm specializing in providing superior software services to the financial community. SBMS is a complete solution to manage all the schedule activities (from issuance to maturity) of Bangladesh Govt. Bonds including reporting. System features include automatic generation of almost all transactions. It covers Customer Database, Stock, Sales, Interest, Encashment, Commission, Paritoshik, Lien and performs operations like printing certificates, reinvesting bonds, reports for Interest/Coupon, Encashment etc. SBMS generates statements regarding sales, interest payment, encashment, commission claim, Paritoshik claim etc. compliance with the Bangladesh Bank. We can provide web based and desktop based software as required by client.

Features:

Stock Maintenance: SBMS allows you to easily manage stock quantities, set low-level alerts, generate and send requisition of bonds to Bangladesh Bank, and more.
Sale/Issuance of Bonds: SBMS has the feature to issue or sale all types of Sanchayapatra including foreign currency bonds Issuance record contains product information and customer information. After issuing particular information, system generates payment schedule.
Customer Information: SBMS has the competence to assign each customer a unique Customer Id that contains detailed required information of the customer.
Interest/Coupon Payment: SBMS can calculate auto interest and tax calculation. It also adjusts the paid interest for the early encashment of Bond.
Flexible Interest Rate Maintenance: Government changes rate of interest time to time. SBMS has the flexibility to maintain interest rates of the products with history to properly calculate interest of the bonds issued during the tenor slab.
Commission Realization: SBMS is able to calculate commission to be claimed from Bangladesh Bank as per product feature.
Reporting to Bangladesh Bank: SBMS has the option of keeping all the reports of sales, interest payment, encashment, commission claims to Bangladesh Bank.
Reconciliation with Bangladesh Bank Account: SBMS is able to track Bangladesh Bank’s entries for sales and reimbursement of encashment/coupon payment.
Reinvestment: SBMS has the facility of reinvestment of bonds for the same period supported by the product feature.
Certificate: SBMS has the option to generate various certificates, such as Certificate, Bond Purchase Certificate, Encashment Certificate, Interest Payment Certificate etc.
Lien Marking/Status Changing: SBMS also has the option of Lien marking and changing status as Stop payments; also can generate Duplicate issue of the bonds.
Audit Trail: SBMS is also capable to maintain audit trials for insightful activities by the users as functions set by the system administrator.
Data Migration/Entry: We can migrate your old data to work with SBMS; there are also options to entry existing (previous) data in SBMS.
User Maintenance: SBMS has the option to create different types of users by assigning different rights. Only System Admin will be able to create users and total access control.

Benefits:

• Gain customer satisfaction through quick service
• 100% formatted Bangladesh Bank reporting
• Payment forecasting for future cash outflow
• Save man-hour
• Save operation cost
• Hassle free auto interest and tax calculation
• False/fake transaction detection
• Maintenance of secured data transaction
• Role and right based users’ access to the system
• Increases visibility and transparency