Monarque® - The Integrated Treasury and Capital Markets Solution

Monarque is an application suite supporting trading and treasury management at major banks and broking houses, comprising multiple integrated modules designed to automate all front, middle, and back office functions.

Openness
Monarque is built around a relational database that can easily provide external systems with any subset of data that may be required. All lists and tables can be exported directly by users at the touch of a button into a variety of file formats. Monarque can also import static data (client information, limits, payment instructions) as well as trade and position data.

Security
A paramount issue for any trading and processing system is security. Our typical hardware configuration includes mirrored servers and automatic back-up and recovery by the end-of-day process. The system administrator is armed with extensive permissioning capability, including nine customisable user access levels, the flexibility of setting minimum password length, password renewal frequency and inactivity time-out periods. Additionally, both input and viewing authorisations may be restricted by trading book, trader, branch, currency or instrument.

Audit Trail
A powerful Monarque feature praised by auditors is our built-in, fully automated audit trail. Every system transaction is automatically action-, date-, time- and user-stamped. This not only allows a tracking of system access, and static data updates, but also provides full details about every stage in the life of a deal (i.e. before and after modification or deletion, etc.). All journals are maintained on-line and can be displayed on-screen or sent to the print server.

Low Maintenance
Monarque is easily maintained and does not require a full-time administrator. We typically provide training to designated bank Operations Department staff so that they can provide day-to-day in-house user support. The end-of-day process is a short, simple task which is typically performed by the bank's EDP department, but can also be executed by a user department.