Frequently Asked Questions of CAPIX

Over the years CAPIX has responded to many "Requests For Proposal" (RFP) and "Request For Information" (RFI). This Frequently Asked Questions (FAQ) section is a summary of commonly asked questions and their answers. This FAQ list was taken directly from RFPs and RFIs and is here for the convenience of our clients. Sample FRPs and RFIs are also available on request.

Replies in respect of each functional requirement are indicated using the following codes:

  • C - complies with the requirement
  • P - complies partially*
  • D - is being developed and will be released on a specified date
  • X - does not comply

* Specified workaround

Question

Answer

CAPIX Notes
Is CAPIX able to furnish a proposal with fixed prices that are valid for three months to enable budget allocation? C All information supplied by CAPIX, including prices, remains valid and applicable for 120 days from the date the proposal.
Cash Management and Reconciliation    
Ability to download Treasury cash flow information into cash flow spreadsheets on a daily basis? C Report #358 Cashbook Client Bank Statement is one of a number of reports that delivers this functionality.
Facilitate short and long term cash flow forecasting based on various assumptions and time horizons? C Report #338 Cashflow Projections Report can be used for cash flow forecasting using various time horizons from two weeks to three years.
Ability to reconcile bank accounts via an electronic interface with corporate online banking software? C This is dependant on the transactional bank being used. The CAPIX has interfaces to several electronic banking systems and new interfaces can be easily added.
     
Does CAPIX software cater for multiple currencies? C All CAPIX software is multi-currency, at Transaction, Settlement, Unit and Treasury levels.
Technical Requirements    
Are transactions stored in a Relational Database? C The CAPIX database design is based on the Relational data model.
Is the database normalised? C All CAPIX software products share the same database design and architecture. The CAPIX Database Definition is well normalised and is optimised for processing the types of transactions typical of the Securities industry.
Is the database capable of processing in excess of one hundred (100) transaction per day? C Some CAPIX clients may only enter a couple of transactions per day. One CAPIX client, a futures broker, has processed over five hundred (500) transactions per day. CAPIX testing shows no problems processing over 1,000 transaction in an eight-hour period.
Ability to archive transactions in the database. X The nature of the CAPIX database is to store a relatively low-volume of high-value transactions. These are not the type of transactions that should be archived or deleted. The CAPIX database stores approximately 500 transactions per megabyte of disk space. Given the capacity of current disk storage devices there should never be a situation where these high-value transactions need to be archived to save disk space.
Settlements    
Enable the bulk rate setting of groups of like transactions
(eg. Interest Rate Swaps, Loans and Money Market deals).		 C  
Produce outward confirmations/deal tickets for new transactions and for
rate-setting events.		 C  
Automatically transmit confirmations through the facsimile or email systems for all transaction types? C  
Ability to specify non-business days and provide warning to user. C  
Enable users to easily identify on screen:
• All settlements due on the day
• Same day settlements for deals that have been entered on the day
• Deals that have been entered but not approved (if approval required) and which contain same day settlement; and,
• Any deals that have not been approved (if approval required) matched to confirmations or settled by the end of the day.		 C  
     
Money Market    
Standby Facilities: Enable allocation of sub-limits by product within each facility as well as allocating a total facility limit and record and report on usage? C  
Record issuer, acceptor or endorser and counterparty of bank bills? C  
Discounted Securities: e.g. Bank Bills, Commercial Paper
(AUD, USD, EUR and other currencies)		 C  
Overnight Deposits (AUD, USD and other currencies) C  
Eurobonds C  
Private Placements C  
Fixed Rate USD denominated Debt with Semi-annual Interest payments
and Principal payable at maturity).		 C  
Allow the user to nominate interest payable at the end of the month, start of the next calendar month, at maturity or to be capitalised? C Money Market interest may be Paid, Accumulated or Capitalised for any Money Market transaction.
Medium Term Notes (AUD, EUR and USD) C Medium Term Notes are processed in the Fixed Interest module.
Record dealer incentive fee’s on CP activity C  
Standby Facilities: Enable multi-currency draw downs in either bank bills or cash advances as per the facility C