The management of Insider Trading

The management of `Insider Trading' in corporate entities is a global issue, and it is regulated in almost every jurisdiction globally. It is a key element of Corporate Governance and the issue is monitored intricately. Even though the acceptance and giving of gifts is culturally practiced in many countries, disproportionate and overtly generous give-aways tantamount to bribery and therefore close monitoring and disclosure is mandated by many organizations.
In certain industries like Banking and securities trading companies, insider trading is considered to be a criminal offence. Such organizations have compliance departments which monitor all personal transactions of employees, who are bound by the rules to make full disclosure of their personal trading activities.
Arowana has developed an online personal account dealing system for use in Banks and security trading firms. Staff having access to sensitive information about traded companies and who desires to trade for personal benefit will have to go through official channels to obtain approvals before placing any market orders. The system developed by Arowana enables a workflow which will capture details required by the Compliance department and also enable the compliance department to approve or reject any such requests. Similar workflows are also available for exchanging gifts.
The system's inbuilt automatic workflows for submitting the request and obtaining the approvals will enforce the Business rules related to policies for Personal Account Dealing and Gifts & Giveaway. The system will also help in generating reports and dashboards for analyzing and monitoring the activities related to the PAD and Gifts.

Key benefits

• The system will streamline the process of PAD requests, approval, validation and monitoring through a single system, thereby reducing the overall turnaround time and enhancing the compliance requirements.
• It will help meet the stringent regulatory requirements for the Insider Trading.
• Record the giving and receipt of gifts in a timely manner.
• Reports for analysing activities.

Arowana Travel and Logistics Applications - Fly

In the Arowana's suite of Airline products, ATLAS today occupies a proud position. Initially developed for one of the biggest Budget Airlines in the Middle East, the product has generated considerable interest and many airlines are evaluating ATLAS to meet their Business Requirement.

Salient features

• ATLAS is web based solution with wide range of modules to book tickets and receive notifications
• ATLAS is a solution flexible enough to handle multiple traveller categories – Individuals, Corporate and travel agents.
• ATLAS can interface with SITA reservation system ( New upgrades are being planned for interface with additional systems) for booking, listing, pricing and e-ticketing online through Web services
• ATLAS is a comprehensive ticket booking system, which can manage different type of sector wise discount fares
• ATLAS is a solution that has the ability to interface with other travel related tools
• ATLAS is a solution that is user friendly front-end using GUI, thin-client built using modern technologies
• ATLAS is a solution that is an appropriate, customizable, supported, scalable, flexible and evolutionary
• ATLAS is a solution that provides easy future interoperability between internal and to external applications

Product Overview

Above shown figure illustrates the product overview for ATLAS. Following are the highlights (architectural) of ATLAS

• Interface with various reservation system for booking, listing, pricing and e-ticketing online through Web services
• A solution that provides and supports Service Oriented Architecture (SOA).

Design

The Illustrated figure (below) describes the functional design of ATLAS. Following are the functional overviews of ATLAS.

• Dynamic display of best routes
• Seat Selection
• Multiple Payment Modes (Cash, Credit Card, Debit Card, Net Banking)
• Partial, Downgrade and Full cancellation and refund
• Comprehensive notifications and alerts through email and SMS

Technical Architecture

ATLAS will integrate with the following third party application

• Reservation System
• Payment Gateway
• Pricing System
• Partial, Downgrade and Full cancellation and refund
• Departure Control System

Key BenefitsArowana has a long history of association with airlines. We have built up considerable domain expertise around the industry and have implemented ERP systems and several mission critical applications for Airlines. We are quite enthusiastic about the new addition (ATLAS) to the existing suite of products we have for Airlines.

Arowana Professional Services

Professional Services

Arowana has a wealth of talent and an experienced pool of developers (from Junior Developers to Senior Solution Architects) spanning many technologies and domains as follows.

• Microsoft Practice
• Mobile Applications and Development
• Oracle Technologies
• Java Practice

We also have a very good exposure to the following domains, primarily due to the extensive nature of our involvement in high profile IT projects in these segments:-

• BFSI
• Aviation
• Real Estate and Master Developers
• Telecom Companies
• Manufacturing
• Healthcare
• Government
• Public Sector
• Retail

We additionally have resources (both Functional and Technical) from in the following key areas.

• Oracle E Business Suite
• Hyperion
• Primavera
• Data Warehousing
• Business Intelligence
• Oracle Fusion
• Oracle Communications Data Model
• Oracle Field and Tele-service

Our Professionals are available for short term and long term assignments. Their expertise can be availed remotely from offshore development centres and also on-site.
We also have skills which can be sourced from our ‘Centres of Excellence’ in

• Oracle
• Cloud Computing
• Big Data Analytics
• Testing Services
• Training Services