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Nile Information Technology – NIT Application Service Provider

Nile Information Technology – NIT Application Service Provider. Mohamed Abdel Salam Chairman & Managing Director. NIT Ownership. MCDR Egypt 59% MCDR Employees Fund Egypt 01% National Bank of Egypt Egypt 10% Al-Fardan Institution Abu Dhabi 05%

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Nile Information Technology – NIT Application Service Provider

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  1. Nile Information Technology – NITApplication Service Provider Mohamed Abdel Salam Chairman & Managing Director

  2. NIT Ownership • MCDR Egypt 59% • MCDR Employees Fund Egypt 01% • National Bank of Egypt Egypt 10% • Al-Fardan Institution Abu Dhabi 05% • 3I InfoTech International Dubai/India 25%

  3. Chairman of the Board Consultant Managing Director Sales & Marketing Director CTO Sales Presales Marketing SSB Department Financial SWS Department Network HRDepartment F&A Department CA Department Marketing Segmentation &Selection/ Business Development SSB SSB ASP Develop, Design &operate LAN HR Operations Finance Operations Operations Implementation Analysis & Designer CA CA Infrastructure Division Develop, Design &operate WAN Training & ORG Development Administration Marketing Communications Developers Network Security Financial SWS Financial SWS Help Desk Security Compliance officer Legal Department Testing, Quality Assurance & Documentation Application Security Support Support Guarding &Security Department Support Support Technical Support Organizational Chart

  4. NIT Technical Structure NIT Financial Systems SWIFT Service Bureau Certificate Authority

  5. NIT Financial Systems • Clearing & Settlement Systems • Settlement System – CSD • Clearing System – Clearing Banks • Central Depository Systems • Deposits System – Custodian Banks • Central Depository System – CSD • Pledge System - Banks • Custody System – Custodian Banks • Trading System - Brokers • Auto Blocking System – Brokers • Settlement Guarantee System - Brokers • Back Office System – Brokers & Custodian Banks

  6. Regulator Custodian Custodian Portfolio Transfers Balance Confirmation Securities Auto Blocking Buying Order Exchange 2 2 2 Selling Order Buying Order Broker Offer Broker Bid 1 1 3 3 Stocks Value TRADE EXC. Stocks Value 11 Investor 5 Addition to Settlement Account Feeding Settlement Accounts Investor 4 Executed Trades 9 Clearing Bank Clearing Bank 7 CSD Settlement Accounts Balances Settlement Accounts Balances 6 6 Credit Instructions Debit Instructions 8 8 Covering Default 10 Debit/Credit Clearing Banks SGF Central Bank Market Overview

  7. Financial SystemsEx. Custody System Overview Securities Blocking Brokerage Firms • Issuing Buy & Sell Orders • Portfolio Transfer to another custodian • Auto matching executed trades with clients’ instructions/orders • Recording Deposits • Clients’ balances/positions query Yes or No Balance Clients Orders Clients Issuance of Clients Statement of securities accounts Sending matched transactions and transfers for settlement CSD Custodian Banks Receipt of matched transfers

  8. Financial SystemsCustody System Features • Connected to the Exchange, CSD and brokers. • Easy management of shareholders’ accounts. • Several security levels and segregation of tasks. • An extra backup to the CSD database. • Fully automated with Journal & printouts for all operations.

  9. Financial Systems Custody System Basics The system depends on three main axis; • Using client unified code applied by the Exchange • The Auto Link between the CSD systems and the custodian systems • Applying the auto match concept (matching trades executed at the Exchange with investors’ instructions)

  10. SWIFT Service Bureau Broker-Dealers56 Brokers NIT Current Situation

  11. SWIFT Service Bureau Cont. Banks Corporate Insurance companies Government Institutions Broker-Dealers NIT InvestmentManagers SettlementSystems SWIFT Service Bureau Stock Exchanges Clearing systems PaymentSystems Depositories Trustees Future Vision

  12. Certificate Authority - CA Current Situation Brokerage Firms Issuers Paper Work Signature Required Custodians Clearing Banks Cash Dividend Banks Capital Market Authority Investors Query Connected Without legal Evidence Primary Dealers Stock Exchanges MCDR MCDR Employee

  13. Certificate Authority - CA Cont. Brokerage Firms Future Vision Issuers Digital Signing Custodians X Clearing Banks Cash Dividend Banks Capital Market Authority Investors Query Primary Dealers Connected With Legal Evidence Stock Exchanges MCDR MCDR Employee

  14. Thank You

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