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  • September 2020: Dubai Gold and Commodities Exchange (DGCX), the leading derivatives exchange in the Middle East, selected Chella Software to implement its billing and fee management platform. The solution will provide DGCX and DCCC to setup and manage the various fees, transaction charges, incentive schemes, taxation rules. The system has modules that allows for back testing a new fee to see its impact on its revenues and a versatile analytics module that will help senior management analyse the income generated.

  • August 2020: Chella Software launches Chella VRM a Work From Home treasury application targeted at Indian Banks and corporates. The COVID 19 pandemic has changed the way treasuries work, dramatically. Work From Home has brought in new challenges. Chella VRM enables banks and corporates to operate their treasuries from home by providing a secure and fully compliant voice recording mechanism through a mobile app. Dealers can record their conversations, add a deal to the voice recording and also match the deal with their counterparty all from within the mobile app. Chella Software’s CEO Mr. Kathir Kamanathan says “ Chella VRM is a revolutionary application that leverages the latest in mobile and internet technology to provide a single application for voice dealing, capturing an electronic deal ticket, confirming the deal with the counterparty and also ensuring that the data is integrated seamlessly with the banks existing treasury management systems. This is the first time that a solution of this nature is being offered to banks and corporates and it is expected to bring in convenience, speed and accuracy to all treasury transactions”

  • August 2020: Chella Software launches Chella CHAT, a chatbot based mobile trading platform for the Kenyan market. Chella CHAT will allow an investor to interact with a ChatBOT to place orders on the Nairobi Securities Exchange. The investor can view their portfolio, fund balances, transfer and receive funds and check their statements. Queries can be registered with their broker for prompt response.

  • August 2020: ABSA Securities Limited, Kenya, the financial services subsidiary of ABSA, the leading bank in Africa goes live with Chella Software’s ClearVision and ActiveTrader brokerage solutions. ABSA is the 19th Stock broker in Kenya to go live with Chella Software’s brokerage platform. The brokerage suite is used by 25 institutions in East Africa.

  • July 2020: Chella Software rolls out the VAT module for 19 stock brokers in Kenya. VAT was introduced for all commissions earned by stock brokers in the recent budget. The solution had to be enhanced to support this regulatory requirement within a short period of 1 month. Chella Software worked closely with Nairobi Securities Exchange Plc., and The Kenyan Association of Stock Brokers and Investment Banks to roll out the VAT module within a record time of 4 weeks. The entire module was designed, developed and rolled out to all the 19 brokers within this short period of time

  • May 2020: Chella Software completes implementation of eSub (Chella Finclude) a financial inclusion platform for National Bank of Rwanda. The solution has undergone testing and approval by the NBR team. Due to the current COVID19 pandemic environment, the go live of the solution is being planned for the end of the year. eSub will allow citizens of Rwanda to open a government bond investment account from their mobile phone and invest in the government bonds issued by NBR using the mobile money. The coupons and maturity payments will be directly credited to the mobile wallet. This is fully paperless platform which leverages Rwanda’s NIDA platform for electronic verification of KYC and the mobile wallet infrastructure to carry out regular transactions.

  • April 2020: Dubai Commodities Clearing Corporation (DCCC) a fully owned subsidiary of DGCX upgraded Chella ActiveRisk™ the risk management platform from Chella Software. The upgraded platform will now support initial margin computation, back testing, hypothetical capital computation and default fund management.

  • April 2020: Sterling Capital Limited, a leading financial services firm in Kenya goes live with Chella Software’s Mobile Trading platform. AT Mobile, the industry leading mobile trading platform from Chella Software will allow customers of Sterling to access the Kenyan stock market from their mobile and trade in realtime. The platform also offers margin trading and loan against shares. Customers can borrow money against their holdings right from their mobile phone.

  • October 2019: Zent International the family office of a leading family in Oman goes live with Phase 2 of Chella Software’s Horizen™ Investment Management platform. The solution automates the entire operations of the family office. The solution covers a wide range of financial instruments, commodities and real estate investments.

  • August 2019: Clearing Corporation of India Limited launches the FX Retail trading platform for corporations and retail customers to access the FX market in India. Chella Software developed, implemented and continues to support the FX retail platform for CCIL. The platform which is being rolled out to all banks across the country is an outcome of RBI’s initiative to make the FX markets efficient in the country. Chella Software worked closely with CCIL right from the concept stage in designing and developing the platform. The country wide solution was built within a record period of 12 months and was rolled out within schedule and budgets

 
 
 
 
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