Paris, Mars 2011 – Designed for banks, asset managers and treasurers, the Arpson’s Front-to-Back platform covers the main areas of management: Front-Office, Risk, Cash, Regulations, Back-Office and accounting.
On this last point, the system offers, for years, a wide range of possibilities since it has an integrated accounting entries generator to translate all the events linked to the deal – confirmation’s flow, maturities, accruals, re-valuation, clearing – in debit / credit movements maintained in an ancillary accounting database.
In addition to producing all the necessary calculations, the system relies on its core strengths:
- Customizing the input and reference datas for storing the elements controlling accounting, such as general ledger accounts, management intentions, etc.
- Setting of multiple criteria rules based on standard and / or customized elements,
- Installation of generator (s) to adapt the accounting rules as necessary,
- Customizing the workflow allowing to adapt to the current procedures.
Furthermore, with the introduction of IFRS issues, the system can parallelize the IFRS and GAAP accounting, or as required, manage the IFRS accounting in spread from GAAP.
About the reporting, any restitution format is available in the application:
- balances
- reports
- matching accounting management
- etc.
Finally, if the introduction of an ancillary accounting is not necessary, it is also possible to produce in the application deal, event and inventory report files bound for downstream systems. These lines can be translated into Arpson system.
To learn more about the Accounting in Arpson system, please contact us at info@arpson.com.
