Progenics Corp

Symbols Investment

In today's highly competitive financial environment, efficient operation is determined by timely and accurate management information and effective and efficient customer service. This is determined in a large part by the underlying information technology infrastructure of the institution as well as the ability of that infrastructure to respond to change with a minimum of effort and downtime. This translates directly into improved revenue for the institution.

The SYMBOLS investment managent solution was designed from inception using advanced computer aided software-engineering techniques, which have assisted in making the system one of the most flexible and functional financial management systems currently available. The system uses the industry standard windows interface that is already very popular in business circles and as such users with basic windows experience will have no problem getting used to the entire suite of applications. The system has been designed with several advanced features to enable financial institutions easily integrate these applications into their operations. Some of these features include:

  • Modular design of the system
  • Parameter driven application design
  • Full multi-branch capability
  • Full multi-currency capability
  • User-friendly Windows graphical user interface
  • Extensive application and process security features
  • Full audit capabilities
  • Interfaces directly with the ATS and CSCS
  • Easily customisable to meet exact requirements
  • User defined multi-party approval of any process or transaction
  • Interface to third party software and hardware
  • Wide choice of server operating systems
  • Easily implemented due to flexible design
  • Implemented in centralised, distributed or in hybrid (area office) configurations
Customer service delivery , enabling your customers view their portfolios and make investment decisions from anywhere in the world, can be provided through several channels including the following...

The Internet
Telephones (Interactive Voice Response)
Mobile Banking (S.M.S. Messaging)
Dial-Up or Remote Access

The SYMBOLS system also interfaces directly with all other modules in the Progen Financials accounting system and the Persman payroll and human resource management system.

The Symbols Financials accounting system allows modern organisation keep track of its financial positions. Be it the accounts department of an large enterprise or a government institution, Symbols Financials provides you with the tools you need to excel in your financial management functions.

Advanced functions such as flexible reporting, budgeting and cost control features ensure that you are able to get the information you need, when you need it. Because of its modular implementation, an organisation only needs to purchase those modules which are relevant to its operations. The parameter driven design has produced a financial application that is flexible enough to meet even the most demanding requirements.

The system is also fully customisable and can be fully integrated with modules in our Symbols Investment and Symbols Payroll & HRMS(Human Resourse Management System) systems to give you a fully integrated solution to meet your exact needs.

Some key features and benefits include:

  • Multi Branch capable (Centralised or distributed)
  • Fully multi currency - Automatic revaluation if required 
  • Can be fully integrated with other Progenics applications 
  • Easily consolidate the financial positions for all your business units
  • Interfaces to third party hardware (bar-code readers etc)
  • Improves efficiency by easing the entry of routine transactions and processes
  • Customisable reports

Advanced process management features in all modules Symbols Financials can handle accounting functions for a single unit, a group of units in either a centralised or decentralised manner or in an office configuration so no matter the size of your organisation, we have the solution to meet your needs.

GovAc is an advanced Government Accounting and Cash Control System, designed and developed specifically to meet the information technology requirements of Government organisations, given the peculiarity of their accounting procedures. The system was designed basically, to enhance the performance of Government Accounting and Cash Control management.

The system automates critical government financial operations such as Budgeting, Revenue & Expenditure (Recurrent or Capital), Bank Account Monitoring and Reconciliation, Cash Book transactions etc and produces financial statements for the supervising authorities.

The system was designed from inception using advanced computer aided software-engineering techniques, which have assisted in making it one of the most flexible and functional application suites currently available. The system has been designed with several features to enable governments, from the local levels through state and up to the federal level, easily integrate this application into their operations.

Application security

GovAc has been built with industry standard security to ensure that unauthorised users and processes do not have access to the system. Security models already implemented in our banking and other financial applications are also implemented here, giving the system unmatched security enforcement and auditing capabilities for an application in its class.

Centralised or decentralised treasury units

GovAc also supports the implementation of centralised or decentralised treasury units. This means that a tier of government can be implemented with just one treasury unit, from where all revenue is collected and expenditure made, or with several decentralised treasury units all collecting and expending funds.

The system allows on-line consolidation and reconciliation of funds transferred between treasury units, and if an on-line link is unavailable, consolidation information to the central treasury can even be made by secure encrypted transfers on magnetic media.

Features include...

  • Unlimited entry of capital and recurrent expenditure heads and sub-heads
  • Allows for the entry of supplementary budgets after the main budget
  • Easily manages all cash control requirements for the different tiers of government 
  • Manages an unlimited number of cash books 
  • Manages an unlimited number of bank accounts 
  • Manages reconciliation for all bank accounts 
  • Flexible and easily customisable to meet exact requirements of individual tiers of government
  • Easily consolidate and determine the exact position of any tier of government at any time
  • Monitor revenue and expenditure profiles of each ministry, department or parastatal 
  • The system permits generation of statements for each ministry, department and parastatal which they can use for their internal reconciliation activities
  • Automatic generation of financial statements and other reports 
  • All reports are customisable to meet your exact requirements.
  • Options for centralised and decentralised treasury units

The GovAc system can also be integrated with other applications in our range of products such as the Symbols Financials accounting system for a full fledged e-government system handling payroll & personnel management, purchasing, fixed assets and more.