Investment Securities Assets Management Business Systems Design And Implementation Of Virtual Account

Securities assets management business simply means that the company issued shares of the securities of financial products-asset management plan, raise funds for securities investment business. According to the regulation of CSRC, collective asset management plans have to use special securities accounts and seats in the exchange to trade, and each plan can only have one account and one seat. Under this circumstance, all the investment managers in a single plan can only make investment on one securities account. A serous problem arises that securities firms are not able to evaluate the performance of every investment manager in a scientific and reasonable way. This heavily impedes the incentive of investment managers and the rationality of investment decision, which eventually damages the benefits of investors.The IT systems for investment securities firms are using currently can only provide the evaluation for the single overall account. Securities firms have to put in large amount of additional calculating, categorizing and summarizing by people, which not only leads to decrease in accuracy in evaluation statistics data, but fails to provide evaluation results on time. It is a challenging problem for every securities firm how to establish investment IT systems that match well with the characteristics of securities firms and serve asset management business more effectively.The difficulty of this solution lies in how to identify the securities bought or sold made by different investment managers correctly, especially when different investment managers buy or sell the same securities. What this solution IT system needs to improve is the move of the historical data which is about how to divide unique account into sub accounts when investment process has already started. This is a very complicated process because of the involvement of historical data.This solution IT system is developed with C++language, with 3 levels(multi levels)structure application system and BEA Tuxedo as center linked with SQLServer data base. And it has successfully passed the test of virtual trading environment in the author's company and met the needs of investment evaluation fundamentally, accomplishing the expected goal.