Applied Software Pvt. Ltd.
42 Tapovan Society - 1st floor, Above Bank of Baroda, Nr. ManekbagHall, Ahmedabad, Gujarat-380015
Phone:26620719, 26620790,Fax: 26633103
Email: info@appliedcommerce.com
Website: www.appliedcommerce.com
Company Head
Mr. Kirit M. Parekh
Managing Director
Contact
Mr. Kirit M. Parekh
Managing Director
Employees
Software:12;
Year Establishment 1991
Company Profile
Applied Software has a successful track record of over a decade providing solutions based on leading edge technologies to the customers in India and the US. In the last three years, it has successfully converted its strong knowledge base in the financial services domain into intellectual property and moved into ready products and solutions markets. Its range of offerings include ready products and solutions for the international financial markets and customized solutions and services covering custom software development, migrations, and managed operations. The company's flagship product, WealthSpectrum, is a state-of-the-art modular wealth management platform with integrated CRM designed with focus on the emerging industry trends and business requirements for banks (private banking), asset management companies, broker/dealers, investment advisors and separately managed account (SMA) providers. WealthSpectrum covers portfolio transaction processing with detailed cost basis accounting, performance reporting consistent with AIMR Global Investment Performance Standards (GIPS), tools for actionable tax management, portfolio customization tools including
powerful model based management, trade order management, automated
account monitoring and alerts, opportunity management and relationship
management with collaboration and personalization capabilities and
international standards client reporting. It is a browser based application, easy to manage with the convenience of anytime, anywhere access and has been successfully implemented by India’s top financial institutions and asset management companies. It will be launched in the US shortly. The component based modular J2EE architecture of WealthSpectrum provides flexibility to build customized products and solutions or to integrate with existing infrastructure. WealthSpectrum can be provided white labeled for seamless integration into other platforms. Applied Software is open to partnerships and alliances with product vendors, solution providers and technology companies. The company and its subsidiary in the US are entirely funded by promoter’s
capital and retained earnings and there is no outside borrowing or funding.
Vertical Segment
• Insurance
• Financial Services
• Banking
Business Continuity
Business continuity is ensured through offsite data backup, replication for mission critical systems, secure intranet for IP and source code protection.
IT Products
• SmartOPMS
• WealthSpectrum
• SmartDP
• SmartBroke
IT Services
• Enterprise application integration
• QA & Testing services
• CRM Solutions & Services
• eBusiness solution & services
• Business Intelligence/Data Mining & Data Warehousing
• Custom Application/Development and Maintenance
IT & Telecom Infrastructure
It has 24x7 secure ODC, voice and data connectivity, dedicated internet
with proxy servers and fire wall protection, Server farm for development and QA.
IT Enabled Services
• Accounting Transactions
• Financial Reporting
• Financial Analysis
IT Projects
• WealthSpectrum (Enterprise Wealth management platform with
integrated CRM developed by Applied Soft - Reliance Capital AMC
implemented the latest version of WealthSpectrum with comprehensive
trade order management functionality for its private client wealth
management practice
• Clearing and Settlement System - Exchange level clearing and
settlement system for electronic trading environment with margining
system based on Value at Risk (VAR) method - software development and
managed operation
• WealthSpectrum (Enterprise Wealth management platform with
integrated CRM developed by Applied Softw - HDFC AMC implemented the
WealthSpectrum with tax-lot accounting and AIMR GIPS compliant
performance measurement for its private client portfolio management
practice.Applied Software completed the project on the turnkey basis
including implementation, customization and porting of historical data
since inception
• Depository participant back office - Browser based application
on .NET platform
• Online Position Monitoring System - Exchange level risk
management system for monitoring the position of all the traders on LAN
/ WAN on trade to trade basis, integrating distributed heterogeneous
systems in the electronic stock exchange environment - software
development and managed operation
Markets
• Australia
• Hong Kong
• India
• New Zealand
• Singapore
• Switzerland
• UK
• US