R13 Release Highlights

What's New in R13

The Release Highlights lists the new functionality that has been introduced into T24, for each major release.

It is broken down by Product Stream.

Please click on the relevant table of contents for each product stream, for more information on the enhancements in that stream for the latest General Release.

 What's  What 's New in R13- Release Release R13.00 -Page -Pa ge 2 of 23 -  (c) Temenos Systems 2013

Application Framework

Core History of Deleted T24 Items  A new file suffix $DEL is introduced to store all the deleted transaction details. An unauthorized transaction that undergoes deletion activity   will now be st ored in the database for audit trail.

Customization of Mandatory Selection Field in Enquiries Enquiries in T24 support manipulating business data in the files for reporting. Option is now available to customize mandatory selection criteria in Enquiries.

Security Implementation of User Roles in T24 Roles can now be defined in T24 with specific permissions and rights based on the business Role. Users can be assigned to a particular role or multiple roles. Security Management System has been enhanced t o define file access permissions at t he Role level.

 What's New in R13- Release R13.00 -Page 3 of 23 -  (c) Temenos Systems 2013

Banking Framework

Accounts Transaction Recycler  Feature is available to capture transactions which cannot or should not be completed and to retry them until they are either completed or abandoned.

Multiple Posting restrictions in Customer and Account Multiple posting restrictions are allowed in Customer and Account. The decision to use single or multiple posting restrictions is controlled through a parameter in Account parameter.

Retain Account balance in Account - For upgrading clients  When upgrading from a release prior to R12, t here is now a provision to indicate if the ACCOUNT balances are to be maintained at ACCOUNT level , along with EB.CONTRACT.BALANCES. This is controlled by an account parameter which can be used only at the time of upgrading. For a fresh implementation of R13, or for an upgrade from R12, the balances are maintained only at EB.CONTRACT.BALANCES.

Account Closure - Pre close simulation It is possible to simulate an account closure , to show settlement amounts, and list any errors or overrides that would prevent the actual closure from taking place. This allows a user to know the implications and possible issues before carrying out an account closure.

F Entries in OFS Clearing Changes are made to the clearing parameters to allow Forward type OFS clearing messages to be either generated or removed. Incoming clearing transactions with value date greater than the current date are accepted now.

Change Exposure ladder for Accounts The application AC.REBUILD.EXPOSURE is introduced to make adjustments relating to the exposure dates and amounts for ACCOUNTS. This will enable the banks to do adjustments to exposure dates which may help in correction of entries, Delay in clearing process, Manual overrides, allowing partial withdrawal on a Cheque sent for collection etc.

FATCA - Foreign Account Tax Compliance FATCA - Foreign Account Tax Compliance FATCA is a tax law designed at preventing US tax payers from evading US T ax by holding income-producing assets through accounts at Foreign Financial institutions (FFIs).  A new FA module addresses Phase I of the regulation which mandates Identification of US accounts across borders. The calculation of withholding tax and reporting will be available in subsequent phases.

Financial Accounting Field POS.EXP.DATE in STMT.ENTRY for Position Accounting entries Statement Entry now holds the capability to record the actual exposure date for position accounts. This gives the capability for queries to be run on the actual exposure date in st atement entry, instead of querying individual applications.

 What's New in R13- Release R13.00 -Page 4 of 23 -  (c) Temenos Systems 2013

International Financial Reporting Standards Ability to define an Asset Type to be excluded from the T24 Balance This feature allows gives clients the flexibility to specify Balance/Asset Types that need not be reckoned while arriving at T24 balances for IFRS related calculation purposes.

Ability to handle the expected life of a contract  A contract may have both a contractual life and an expected life. It is now pos sible to calculate cash flows using the expected life for AA contracts.

Interest and Charges Changes to EB.ACCRUAL to handle fee amortisation based on EIR. The charge accrual and amortisation mechanism in T24 is enhanced to have different amortisation opt ions.

Limits Allow the creation of Group Limit Limits now allow definition of Group Limits in addition to Individual Limits. Until now, the Liability group could be created based on a particular customer alone. The group limits that are shared by a group of Customers can be used for specific combinations of products.

Reducing and Non Reducing limits in a Limit Hierarchy Limit has been enhanced to allow a Non revolving child limit to be set up within a Revolving Limit Hierarchy.

Loan Loss Provisioning Provisioning Module to support Accounts (AC& AR)  The AC and AR modules are included for checks to Overdrawn accounts in the Provisioning Module

Provision Asset Classification Frequency Provisioning Management has been enhanced to allow the classification process to run at a different frequency from that of the calculation and posting of provision frequency.

Multi Company Intercompany Accounting This development enables banks to maintain one internal account per currency for each branch and can be done at HO level or t hrough the Designated Company level This allows a bank to monitor its Intercompany accounts more effectively.

System Tables Customer - Relationship Personal Entity Customer Relationships are introduced to capture relationships between Persons or Legal entities who are customers, with other persons or legal entities who may or may not be customers of the bank. To support this, a facility is provided to record details of persons/legal entities  who are not customers of the bank.

 What's New in R13- Release R13.00 -Page 5 of 23 -  (c) Temenos Systems 2013

Increase the ID of ACCT.GEN.CONDITION from 4 to 6 characters The length of the group id for customer groups has been increased from four to six characters.

 What's New in R13- Release R13.00 -Page 6 of 23 -  (c) Temenos Systems 2013

Business Intelligence

Credit Risk Incorporating Provisions to the core product PROVISION information is made available as part of standard DW.EXPORT extract to be able to handle Risk weighted calculation process to offset provision against any outstanding exposure appropriately.

Incorporating Card details to the core product CARD.ISSUE information is made available as part of standard DW.EXPORT extract to be able to handle Risk weighted Asset calculation on Card outstanding and card Limit appropriately.

Past due Treatment and Capturing Cash Margin from LC Module Flexibility is developed to handle Past due option on Contract or Obligor basis, depending on the configuration done at the Application Level.  Also c ash margin is made available as part of standard extract t o handle the c orresponding functionality in Insight Risk.

Simple approach - Split Facility Exposures The Simple approach functionality under Standardised Approach is adapted in Insight Risk in accordance to the Basel Accord for Off Balance sheet Items.

Simple Approach - On-balance Sheet Items The Simple approach functionality under Standardised Approach is adapted in Insight Risk in accordance to the Basel Accord for On Balance sheet Items.

Revamped Reports in Credit Risk Standard Reports are enhanced and made available as part of the Default Reports deployment for Credit Risk module in Insight Risk.

Update Package Management  A flexible package management system is developed to pack required database backup, Comma-separated Values (CSV) files, Report Definition Language (RDL) files, SQL scripts, .Net forms and pages into a single MSI package and delivered to the client.

Redesign of Assembly Dependent Processing Source Data extracts are loaded into Insight Risk s ystem success fully independent of t he Assembly process referred earlier.

Market Risk Bringing FX Contracts into Insight Risk Forex positions are interfaced into Market Risk Analytics and aids in calculating Value at Risk.

Calculation and storage of Volatilities and Correlations The system enables to calculate MEAN, VOLATILITY & CORRELATION and stores them in the database. Hence when the system runs the matrices [mean, volatility and correlation] , it checks whether the calculations are already run for the same set of parameters, and if so fetches them from the database instead o f recalculating them , thereby reducing the performance issues and repetition process.

Storage of VaR, Yield Curve Modeling and Profit and Loss in database Portfolio Profit & Loss, Value at Risk are calculated for each Trading Unit and stored in the database.

 What's New in R13- Release R13.00 -Page 7 of 23 -  (c) Temenos Systems 2013

Insight DW.EXPORT builds the field names dynamically on run-time Extract fields names in DW.EXPORT utility for any Application is dynamically built on Run time, thus avoiding Maintenance difficulties.

Insight Consolidated Reports Provides improved balance sheet consolidation and cost allocation features of Insight. Banks can now extract the files without any duplication of records through a s ingle-extract mode.

Server Menu and Clone Installation Developments Several customisations are made available in Insight Server Menu and Clone Installation developments.

Local Reference Processing Multi-threading functionality is introduced in order to complete the process within the standard time.

 What's New in R13- Release R13.00 -Page 8 of 23 -  (c) Temenos Systems 2013

Channels

Internet Banking Automated User Setup  Automated user management setup provides the bank with a user-friendly process for creation, modification and deletion of ARC-IB users. The dependency on internet services on AA for external user creation is eliminated.

Mobile banking Location Based Services Both registered and unregistered users are allowed to access the following menus/tiles in the mobile l

Geographical location of a branch

l

ATM/branch details

l

Signing up for new accounts

l

Details of exchange rates

l

Other product details etc

Remote Data Capturing Through Remote Data Capturing, customers are allowed to upload the images and documents according to the KYC requirement of the bank.

USSD Channel In addition to t he existing channels, new channel is introduced in ARC Mobile for USSD with standard mBanking and mCommerce functionality.

Reporting and Auditing The admin console application offers reports based on existing information, customer activity and audit reports. Existing customer information includes Pending registration, Failed Registration, Registered Customer, Active and Inactive Custo mers. Customer activity provides t he details of the functions done by the end user. Audit reports provide the system logs for all the admin user activity in a secured audit trail.

Other improvements in ARC Mobile l

Users are allowed to subscribe and unsubscribe alerts through mobile based on t he services offered by the bank.

l

Customers are allowed to access different co re banking systems

l

Allowed access to detailed transactions for loans and deposits.

l

Currency values are automatically updated from T24.

l

New mCommerce menu could be assigned for a group of mobile banking customers through customer loader

CRM Campaign Reporting Banks prefer outbound campaign for cross selling their new products to the existing customers. It’s imperative for them to have a clear report on these campaigns. Hence new enquires are designed to track this activity conducted in various branches of a bank.

 What's New in R13- Release R13.00 -Page 9 of 23 -  (c) Temenos Systems 2013

Generating New Opportunities in Real-Time  An opportunity appears upon completion of every cust omer transaction t hrough which t he bank can attempt cross-selling their other products.

Browser  Tear-Off   A new option called tear -off is introduced in all enquiry responses in the composite / tabbed screen.

 What's New in R13- Release R13.00 -Page 10 of 23 -  (c) Temenos Systems 2013

Corporate

Trade Finance Manual Maturity of Letter of Credit and Drawings Maturity of Letter of Credit and settlement of usance Drawings can either be automatic or manual.

Periodic Commission in LC and Drawings Commission can be calculated based on the tenure of the contract and collected upfront or at a predefined frequency for Import Letter of Credit or usance Drawings. The method of calculation can be flat, band or level for amount as well as period.

Settlement of Drawings in Multiple Installments  A Drawing under a Letter of Credit can be settled in multiple installments on predefined dates.

Refund of Charges in LC and Drawings Charges collected in Letter of Credit and Drawings can be refunded either in full or part to the customer.

Shipping Guarantee under Import Letter of Credit  When a Shipping Guarantee is is sued under an Import Letter of Credit, option is available to shift the cust omer's liability from Letter of Credit to Guarantee.

Shipping Guarantee under Import Collections  A Shipping Guarantee can be issued against an impending Inward Documentary Collection.

Netting of Provision entries in Drawings Provision amount can be netted with the Drawings amount at the time of settlement of Drawings.

Supporting MT 740 and MT 796 at Drawings Option is available to send MT 740 - 'Authorisation to reimburse' either from LETTER.OF.CREDIT or DRAWINGS application. DRAWINGS application will also support sending MT 796 - 'Answers' as a negative response to an inward MT 750 - 'Advice of Discrepancy'.

Auto process of Inward Swift Messages  Auto processing o f inward MT 734, MT 750 and MT 754 are also supported.

Accrual of Claimed Charges Charges claimed at the time of issuance of Letter of Credit can be amortised and partially settled.

Allowing up to 999 Drawings under a LC The number of drawings that can be input under a Letter of Credit is increased from 99 to 999.

Provision on LC Face Value Provision can be calculated either on LC face value or Liability amount (LC Amount + Credit Tolerance + Add Covered Amount).

 What's New in R13- Release R13.00 -Page 11 of 23 - (c) Temenos Systems 2013

Guarantees Refund of Commission and Charges Charges and commission collected in Guarantees can be refunded either in full or part to the customer.

Reinstate Guarantee after Maturity  A matured Guarantee contract can be reinstated t o live status. User can perform all actions that can be performed on a live contract.

Claimed Commission Periodic commission can be claimed from a third party and settled in full or part.

Netting of Provision Entries Provision amount can be netted with the invocation claim amount at the time of settlement of claim.

Cash Management Charges for sweep setup and execution Charges can be collected for setting up sweep instructions, execution of sweeps, suspension & cancellation of sweeps and to trigger online sweeps. Further, following options are enabled:

l

To reject the sweep when overrides are encountered.

l

Maker-Checker concept for reversal and for triggering online sweeps.

l

To suspend a sweep for a specific period and to define an end/cancellation date for the execution of sw eep.

Syndicated Lending Trading of Multiple products Letter of Credits and Guarantees issued under syndication can be traded in addition to Facility and Loans.

 What's New in R13- Release R13.00 -Page 12 of 23 -  (c) Temenos Systems 2013

Payments

Anti-Money Laundering Anti-Money Laundering Profile  A new product "VP" Anti-Money Laundering P rofile is introduced. This is an offline AML profiling tool used for collecting data from Customer transactions. The data can then be exported to any datawarehousing product for analysis and processing. Based on this analysis, a Bank c an identify suspicious activity and decide to add the Customer to their online monitoring list (Black list).

Anti-Money Laundering Screen  AML Screen provides a comprehensive cust omer and t ransaction screening solution. KYC and transaction screening is performed in real time.  AML screen integrates with Integration Framework and uses DISPO processing to achieve realtime transaction processing.

Delivery Straight Through Processing  A new product VS - Straight Through P rocessing is introduced t o process SWIFT messages. STP integrates with Integration Framework to send and receive SWIFT messages t o external STP processing software.

SWIFT 2012 Changes SWIFT 20 12 Changes recommended by the SWIFT body are addressed in this enhancement, i.e. t he original transaction reference must be retained in the message.

Swift as an optional module  A new product ‘SF’ for SWIFT is introduced. SWIFT messages w ill be formatted only if ‘SF’ module is installed otherwise, the messages will be put into the repair queue in both the directions.

Portfolio Specific DE.PRODUCT Communication to customers can be based on their portfolios.

International Bank Account Number  International Bank Account Number   A new product IN is introduced to support International Bank Account numbers. The IBAN product supports the following: l

Downloading IBAN Structure

l

Generating IBAN for T24 accounts (AC and AR)

l

Validating incoming IBAN account numbers

l

Formatting and validating third party IBAN numbers

 What's New in R13- Release R13.00 -Page 13 of 23 -  (c) Temenos Systems 2013

Standing Order  Start of Day and End of Day options Option is available for Customers to execute Standing Orders at the moment they expect their funds to be made available, with a limitation of  either Start of the Day or End of Day Stage.

Shift value date backward Option is available in Bank to process the Standing Orders on the previous working day within the same month. User can execute payment via Standing Order by choos ing the Local Clearing table instead of the Official H oliday table.

 What's New in R13- Release R13.00 -Page 14 of 23 -  (c) Temenos Systems 2013

Retail

Core Option for accounting waived charge amounts Previously, single accounting entry was raised for net charge amount (Total charge – Waived amount). A new option is introduced in  ACCOUNTING property to raise separate accounting entries for total charge amount and w aived amount so that a historical detail of waiver offered to the customer could be maintained.

Pre-Notification for scheduled events Pre-Notification (Delivery Advice) is now extended for all scheduled activities across product lines such as Lending, Deposits, and Accounts (For example: Interest resets, Rollovers etc.)

User Defined Periodic Attributes  A new feature is introduced to enable Banks in defining additional AA.PERIODIC.ATTRIBUTE.CLASS on their own apart from the ones released by Temenos. This facilitates client specific rules to be defined locally and reduces dependency on core.

Settlement to Internal Account Payin and Payout account fields of SETTLEMENT property now accepts an internal account as well.

Amortisation of credit charge  Amortisation is now enabled for rebates to realize PL from charge over a period. Additionally, credit charges also get reflected in cash flow  reporting for EIR calculations.

Usability Improvements The composite screen design is enhanced in the Retail Model Bank for the following: l

l

Single Customer view is refined with additional feature to include new enquiries for displaying the Customer Products. In Commitment s avings plan, the product conditions are modified with added functionality and properties are restructured within the Parent and the child Product.

l

In Deposit overview, a single click to Pre-close is enabled.

l

Composite screen and the tabbed screens in various role based home pages are redesigned to have a better look and feel.

 What's New in R13- Release R13.00 -Page 15 of 23 -  (c) Temenos Systems 2013

Lending Automated Scheduled Disbursements Disbursements could now be automated through payment schedule definition and customer account could be credited using PAYOUT.RULES definition.

Rebates for AA lending  Ability to generate Rebate (credit charge) for a loan is now available. Rebate could be paid out to the cust omer by using PAYOUT.RULES property, which is now enabled for Lending.

Penalty interest included as part of outstanding bills Option is provided to store penalty interest as part of each outstanding bill, such that settlement and adjustment of penalty happens per bill.

 What's New in R13- Release R13.00 -Page 16 of 23 -  (c) Temenos Systems 2013

Technology

BizTalk Adapter  Service Connectivity The Service Connectivity option is enabled in BizTalk Adapter Project. This option allows the BizTalk Adapter Project to connect and communicate with T24 using Component Services.

Fiorano Adapter  T24 Inbound Adapter  The new T24 Inbound Adapter is a Java based custom adapter for Fiorano ESB to provide the required T24 Inbound functionalities. Following are the highlights of t he functionalities offered by t he T24 Inbound Adapter for Fiorano ESB. T24 Inbound Metadata Discovery: T24 Inbound Adapter provides an option through CPS to discover the T24 integration events to make part of Fiorano Event Processes. T24 Event Polling: At runtime, when an Event Process is deployed into a Fiorano peer server, the T24 Inbound Adapter polls for integration events from T24 based on the runtime configuration.

T24 Outbound Adapter  The new T24 Outbound Adapter is a Java based custom adapter for Fiorano ESB to provide the required T24 Outbound functionalities. Following are the highlights of the functionalities offered by the T24 Outbound Adapter for Fiorano ESB. T24 Outbound Metadata Discovery: T24 Outbound Adapter provides an option through CPS to discover the T24 services to make part of Fiorano Event Processes. T24 Service Execution: At runtime, when an Event Process is deployed into a Fiorano peer server, the T24 Outbound Adapter would execute the service by sending the request received in the IN_REQUEST port and to produce the processed output in the OUT_RESPOSE port.

Integration Studio – EE Component Service as an Exit Point  A new Exit Point of type component Service is introduced in R13. This allows the user to define Events for components like Customer, Currency, etc., available in T24.

TSA Service as an Exit Point  A new Exit Po int of type TSA Service is introduced in R13. This allows the user t o define Events for COB or for a service.

Join Fields  Add Join option is also added t o the Flow Designer. This allows the user to add a field from the related applications t o the flow.

Custom Fields Now it is possible to add custom fields to the Flow. This facilitates filtering of the event based on the custom field value.

Customised Field Name The field name in t he event XML Data can be a meaningful name specified by t he user. This is achieved by editing the Schema Name filed in t he flow definition

Customised Schema root element name The flow schema root element name is the name of the flow. This provides an option to the user to decide the root element name.

 What's New in R13- Release R13.00 -Page 17 of 23 -  (c) Temenos Systems 2013

Usability of Flow Designer  The flow designer is now enhanced based on Customer Feedback. It is now possible to rearrange the fields in the Flow Enrichment section in the Flow Designer. Also there is an option to select multiple fields and add it to the flow. The “Add All” button in the Flow Designer allows the user to add all the fields to the flow.

Integration Studio - .NET Common Login Screen The login screen in TWS and Event Designer is changed, so that TWS, Event Designer and the Common Connection Login screen uses the same User Interface.

Service Connectivity The Service Connectivity option is enabled in TWS .NET. This option allows the TWS .NET project to connect and communicate with T24 using Component Services.

Component Service as an Exit Point  A new Exit Point of type component Service is introduced in R13. This allows the user to define Events for components like Customer, Currency, etc., available in T24.

Customised Field Name The field name in t he event XML Data can be a meaningful name specified by t he user. This is achieved by editing the Schema Name filed in t he flow definition

TOCF – EE Changes in TOCF (EE) to support bulk initial load capability The JMS message header is modified to hold additional data, and TOCF (EE) component is updated to support the same. This enhancement helps Integration Framework in to filter the events based on the additional data in the JMS header and to deliver the events to different queues.

Support for OFSML 1.4.0 OFSML 1.4.0 is introduced to support bulk transactions, so that OFSML provides support for AA Contracts.

Enhanced exception handling  A new type of exception is added in TOCF (EE) (T24InternalException). This exception will be thrown if T24 fatal error condition occurs. In this case the TOCF (EE) can capture tafc_agent layer messages if the property 'incCapOutIfError' is set (possible values can be 'true', 'yes', '1').

MESSAGETTL property  A new property MESSAGETTL is introduced in adapter configuration section of tcs erver.xml. This property is us ed to define Time-to -Live for the messages posted to a queue.

TOCF - .NET OFS Connector support TOCF.NET is updated to make use of OFS Connector to connect to T24. This option allows TOCF .NET to communicate to T24 using the component service.

 What's New in R13- Release R13.00 -Page 18 of 23 -  (c) Temenos Systems 2013

TWS - .NET Common Login Screen The login screen in TWS and Event Designer is changed, so that TWS, Event Designer and the Common Connection Login screen uses the same User Interface.

Service Connectivity The Service Connectivity option is enabled in TWS .NET. This option allows the TWS .NET project to connect and communicate with T24 using Component Services.

T24 Operational Performance Application Performance Monitoring  A new operational performance monitoring tool called tOP (t24 Operational Performance monitoring) is introduced. This tool is developed  based on t he splunk platform (refer www.splunk.com). It serves as an integrated T 24 enterprise monitoring solution.

 What's New in R13- Release R13.00 -Page 19 of 23 -  (c) Temenos Systems 2013

Treasury

Forex Forex Revaluation FX Revaluation (Mark to Market) of FX Positions is a significant functionality which evaluates the likely Profit & Loss on account of the FX currency positions. Following new options are added to this functionality. l

To perform Revaluation of the FX contracts in SPOT period at different rates for TODAY, T OM and SPOT.

l

To apply either MID.REVAL.RATE o r REVAL.RATE for revaluation of SPOT and FORWARD posit ions.

l

To consider, under the IFRS framework, the disco unting period from either TODAY or SPOT while finding t he Present value o f the MTM result.

SWIFT Changes In line with the changes published by SWIFT 2012, amendments to the system have been made with regard to the following: l

l

For MT300 messages, ability to define the type, date and version of the Agreement and the Year of Definition in t he fields 77H and 14C respectively  For MT604 and MT605, usage of 'GOZ' and 'TOZ' as unit values for Gold is averted.

 What's New in R13- Release R13.00 -Page 20 of 23 -  (c) Temenos Systems 2013

Wealth Management

Asset Management Rebalancing of Grouped Portfolios Feature is available to group a set of Portfol ios for Rebalancing. The Compare and Rebalance functionality suppo rts Group Rebalancing.

Locking of Performance Calculation Option is available to set locking date for Portfolios or Groups and system will not change the Performance and valuation figures before the specified date. The posit ion valuation and t he performance will be recalculated and reflected on the first day of the next reporting period. Reporting can be unlocked if required and s ystem will then recalculate the P erformance and valuation details.

Portfolio Groups & Portfolio Group Types Feature is available to classify Portfolios into different types and group them together for Rebalancing, Performance and/or Valuation Reporting.

Proposal based on priority definition from matrix Feature is available now t o perform Rebalancing based on the priority set per segment at the Matrix Level. If priority is s et, system will work  on the basis of this priority and not on the order of setting up of segments in the Axis.

Automatic default of Member “Others” in Matrix  A default Catch-all (OTH ERS) segment can be parameterized. It will therefore not be necessary to set a catch-all group while c reating Matrix records.

Rounding of Nominal for Buy and Sell Orders Rounding of Nominals for the proposed orders from a Rebalancing session can be parameterized in detail.

Safekeep and Advisory Fee calculation for Locked Period Feature is available t o support Back Value Transaction to Recalculate the applicable Safe cus tody and Advisory Charges during portfolio locking and un-locking.  Allows t he fees to totally reverse and repost or pos t only the difference.

RM User role enhancements The RM Home page has been enhanced to include additional screens such as Media Tab, Insight reports and so on.

Business Intelligence Reports Following reports have been configured in the BI module: l

AUM by RM, AUM by Sector, AUM by Managed Account

l

Profitability by RM and Profitability by Customer

l

Trading Commissions by RM, by Sector and by Managed Account

 What's New in R13- Release R13.00 -Page 21 of 23 -  (c) Temenos Systems 2013

Securities Default Depository The Customer Depo Default application allows the setting of Default depository at Client, Portfolio or Stock Exchange Level.

Segregation of Income from Capital Feature is available for certain portfolios to have Income and/or Charges posted to a Separate designated account while the actual Sale or Purchase value will be posted as usual. If segregation is set, the accrued interest on Bonds and/or charges will be posted to the designated account and s eparate accounting entries will be raised.

Commission on Entitlements to be Accounted Separately Option is available to post separate entries for t he Commission/charges and actual Dividend or Co upon received, when a c ommission or charge is taken on a Cash Dividend or Coupon payment.

Safekeeping Account Number  Feature is available to post Safekeep and Management Charges to an internal account or to an account belonging to another Client.

Fees to different P&L Categories The Safekeep and Management Charges can be post ed to separate P& L category codes. Any discount or waiver on such fees can also be post ed to different P&L Categories and reported.

Delivery Address per Portfolio Option is available to set different Delivery addresses for different Portfolios. This address can be different from the Cust omer level Address.

Security Master Key format Security Master Key can now be Alpha Numeric as well

Swift Changes SWIFT messages MT564 and MT568 have been updated to comply with latest SWIFT standards.

Derivatives FX OTC Options Option is available to create single Generic Contract Master for all FX OTC contracts and define Currency pairs at the time of Trade input. This avoids the need to set up multiple Contracts for different Currency pairs.

Derivatives Commission by Exchange Type Option is available to set a different Commission s tructure for Trades based on Exchange Types (e.g. Electronic or Floor) and/or Mode of t ransaction (eg: Telephonic, mail, STP and so on.).

Swift Changes SWIFT message MT305 has been updated to comply with latest SWIFT standards.

Repos Stock Borrow and Lend Stock Borrow and Lend functionality is fully configured in Model Bank.

 What's New in R13- Release R13.00 -Page 22 of 23 -  (c) Temenos Systems 2013

Wealth Reporting Group Reports Feature is available to generate Wealth Reports for “Groups”.

Client Statement Frequencies Option is available to set the frequencies and the number of copies for Wealth Reports that are generated for Portfolios and Groups.

 What's New in R13- Release R13.00 -Page 23 of 23 -  (c) Temenos Systems 2013