StanSoft
699F, Block P, New Alipore, Kolkata – 700 053
Phones : (033)24009240/8804
support@stansoftware.com
www.stansoftware.com

Dear SharePro User,
Segregation and Monitoring of Collateral at Client Level
This is with reference to SEBI circular SEBI/HO/MRD2_DCAP/CIR/2021/0598 dated July 20, 2021, on the captioned subject matter. As per Para 4 of the SEBI circular, with a view to providing visibility of client-wise collateral (for each client) at all levels, viz., TM, CM, and Clearing Corporation (CC), a reporting mechanism, covering both cash and non-cash collaterals have been specified by the Clearing Corporations.   

SharePro has released v1 of the compliance requirement and can be downloaded from stansoftware.com. The version supports the generation of the exchange upload format .and discussed some points below 
Step I: Setup
As shown in the screenshot below, login as MANAGER and go to Environment Setup and specify that you are a Clearing Member (CM) or a Trading Member (TM) and fill up the PAN number of your CM if you are a TM.
image.png

Step II: Please import the “Exchange Approved Securities File” once again for the determination of the Cash Component in the Approved Securities. See the snapshot below :

image.png
Step III: The following account heads will be automatically created in the system the first time you generate Accounting Journals.
Point  3: – Added the following account codes for the Calculation of Cash, FDR,BG retained by the CM Or CC

General
Ledger A/C
Code
Subledger
Type
General Ledger
Name
1CMCMR Clients CLEARING MEMBER CASH MARGIN [CLIENTS]
1CMBGR Clients CLEARING MEMBER BANK GUARANTEE [CLIENTS]
1CMFDR Clients CLEARING MEMBER FIXED DEPOSIT [CLIENTS]
1CCCMR CLEARING CORPORATION CASH MARGIN
1CCBGR CLEARING CORPORATION BANK GUARANTEE
1CCFDR CLEARING CORPORATION FIXED DEPOSIT

Point 4: – Screenshot for the report generation 
image.png
Point 5:- Screen displays the calculation which shown in tab pages as per the exchange circular and generates the file 
image.png

SharePro: Segregation and Monitoring…..Release v1.0