The settlement platform: universal system, individualised use
The central systems platform WP2 and its browser-based interface WPDirect constitute the foundation for the products and services dwpbank offers its clients. The WPIntegrator tool is used to define and facilitate the administration of interfaces between WP2 and client systems.
WP2 – central securities settlement platform
WP2 is the central securities settlement system and thus the foundation for the broad range of services offered by dwpbank. The flexibility of WP2 allows us to support our clients as a full-service provider or in selected areas of the securities process in a way that is tailored to their individual requirements.
An adaptable, innovative platform
The WP2 system is an adaptable, scalable and innovative platform. Data is exchanged between the front-end and back-end via a middle layer that serves as a universal interface. This architecture ensures stable, flexible communication between clients, brokers, stock exchanges, depositories and dwpbank.
The system is tailored to the needs of the retail and the wholesale business and can be effortlessly integrated into client banks’ existing systems. It offers a high level of performance and reliability thanks to its redundant architecture and its browser-based user interface offers an intuitive user experience.
WPDirect – dwpbank’s client front-end
WPDirect is the browser-based interface for dwpbank’s central WP2 platform. It offers an intuitive user experience without the need for training. This tool creates optimal working conditions for advisors at banks and credit institutions. Its functional interface helps cut back administrative activities, thereby freeing up time to advise end clients. WPDirect accelerates data entry and processing. The integration of share price and stock market data make it possible to give clients on-the-spot advice.
Practical support for advisory services
The use of standardised technologies means that WPDirect is compatible with existing browser-based front-ends and platforms, thus saving clients additional installation effort and expenses. It is suitable as a process-oriented support tool for securities advisors, and imports user profiles from WP2. Users can also multi-task in several browser tabs. It goes without saying that users can customise their settings to create keyboard shortcuts or modify font sizes. The most recently accessed securities accounts are automatically listed, thus saving advisors the time it takes to search for them.
WPIntegrator – creation and administration of individual interfaces
WPIntegrator is a vital link between WP2 and client systems and computing centres. This tool makes it possible to define the nodes, formats and content for all online and batch interfaces. In addition, WPIntegrator Batch dovetails with existing systems environments to reduce the effort needed to create, modify and manage individual interfaces. This also results in a significant reduction in errors.
The platform offers the following customisable standard interfaces: securities account balance, fees, transactions, yields, asset classes, corporate actions, client master data, and settled and open orders. The dispatch control feature also provides an easy way for users to define recipients, delivery cycles and report formats, as well as include procedure cues to initiate follow-up work. A variety of report formats is available.
WPIntegrator Online is the link between client’s online systems and dwpbank. Securities business transactions are available via the standard XML services, can be called up online or actively delivered on the basis of definable results. Banks can conveniently and quickly adapt their message formats, content, coding, passwords and even entire processes themselves. The platform’s design makes it easy to structure and test interfaces. Stand-alone formats can also be processed.
WPIntegrator is efficient and offers transparency in implementing and refining interfaces. Maintenance effort is low and responsibilities are clearly defined. This means that the client remains in charge of content while dwpbank ensures technical functioning.
WPIntegrator can be used in a broad range of situations. The graphical user interface makes it possible to conveniently and intuitively define the structure of an interface and save settings.