Megasol Technologies

Sweden

Gamla Torget 5

753 20 Uppsala, Sweden

Telephone: +46 18 60 49 30
Fax: +46 18 60 49 31
Toll free: +1 800 969 7415
E-mail: info@megasol.se

Cayman Islands

PO Box 338-SAV

Grand Cayman KY1 1502

Cayman Islands

Telephone: +1 800 969 7415
Fax: +1 345 947 8630
Skype: megatechgc
E-mail: support@megasol.se

Features

Application

Standard

Hosted

- Manage multiple banks, trusts, companies, funds.

Optional

Single

- Unlimited currencies.

Optional

Optional

- Support for commodities as currencies for brokerage services.

Yes

Yes

- Document repository for storage of scanned documents.

Yes

Yes

- Linkage of stored documents to application objects.

Yes

Yes

- Built-in Diary and Task Management systems.

Yes

Yes

- Microsoft SQL Server 2000/2005 data storage support.  

Yes

Yes

- Crystal Reporting engine support.

Yes

Yes

 

General Ledger Standard

 Hosted

- true multiple currency general ledger.

Yes

Yes

- Financial statements for internal, public, group and jurisdiction reporting.

Yes

Yes

- Strong transaction type control to reduce posting errors.

Yes

Yes

- Optional pre-load of monetary value to a transaction type.

Yes

Yes

- Service fees/charges attachment to any client transaction type.

Yes

Yes

- Consolidated report designer for one-off GL-based reports.

Yes

Yes


Banking

Standard

 Hosted

- Fully multiple currency.

Yes

Yes

- Current, saving, deposit, loan, call and CD account classes.

Yes

Yes

- Up to 100 client bank account type variations in each account class.

Yes

Yes

- Unlimited number of account holders.

Yes

Yes

- Interest may be none, fixed, variable or banded on balance ranges.

Yes

Yes

- Flexible service fees structures by account type or customer.

Yes

Yes

- Support for commissions to Certified Professional Intermediaries.

Yes

Yes

- Straight-through processing of SWIFT 103 message types.

Yes

Yes


On-Line Banking

Standard

 Hosted

- Fully multiple currency.

Yes

Yes

- Optionally allow existing clients to open new accounts from CornicheNet.

Yes

Yes

- Clients may effect inter-account payments in real-time.

Yes

Yes

- Clients may order and track wire transfers and bankers drafts.

Yes

Yes

- Clients may create periodic standing orders for payments and transfers.

Yes

Yes

- Clients communicate with the bank via an encrypted message system.

Yes

Yes

- Allow new clients to enroll online.

Yes

Yes


Cards

Standard

 Hosted

- Integrate with third party debit and credit card provider.

Yes

Yes

- Load/unload value to/from cards.

Yes

Yes

- Make payments between cards.

Yes

Yes

- Integrated statements.

Yes

Yes


Commodity Exchange Standard

 Hosted

- Commodities are treated as currencies.

Yes

Yes

- Digital commodities are fully supported.

Yes

Yes

- Control of physical storage of warehoused commodities.

Yes

Yes

- Connection to third-party digital bullion resources.

Yes

Yes


Task Manager Standard  Hosted
- Unlimited tasks with unlimited steps per task.

Yes

Yes

- Group or user handling of task steps.

Yes

Yes

- Task document mark-up and annotation.

Yes

Yes

- Assignment of priorities to tasks.

Yes

Yes

- Personal task management console - My tasks.

Yes

Yes


Merchant Payments

Standard

 Hosted

- Fully multiple currency.

Yes

Yes

- Defined payment currency or list of accepted currencies.

Yes

Yes

- Client identification.

Yes

Yes

- Payment processing from client to merchant.

Yes

Yes

- If successful, credit merchant and debit client.

Yes

Yes

- transaction status notification to client and merchant.

Yes

Yes


CornicheAPI

Standard

 Hosted

- Fully multiple currency.

Yes

Yes

- Create and maintain clients.

Yes

Yes

- Create client accounts (within class created by bank).

Yes

Yes

- Enquire on client account balances within authorised account classes.

Yes

Yes

- Post transactions to accounts within authorised account classes.

Yes

Yes

- Post transactions to the general ledger.

Yes

Yes