ABOUT US

We are an IT company which specializes in the building and vending of affordable treasury systems. These systems focus on business objectives, the definition of related business risks and the design and implementation of effective key controls to manage these business risks.

Our unique product provides facilities to create liabilities amongst debtors end creditors and keep track of credits and debits among these members in a closed community. Transaction activities are netted down to a few entries in the ledger.

Our team provides expertise in the following disciplines

:: The latest developments in the IT arena
:: Accounting, Auditing and Forensics
:: Risk analysis & management
:: Management Information Technology

BUSINESS OBJECTIVE

RMS supports any business model that extends itself into liquidity creation, funds disbursement or financial events administration that requires focused treasury control in limiting its business risks.

Our objective is the integration of our cost effective Treasury System with applicable control mechanisms into new or existing mainstream business solutions.

KEY DRIVERS

The product features the concept of a pre-processing financial funnel that aggregates complex financial events or large document sets from a large community base into single liability (creditors) or income (debtor) queues to be integrated into existing financial systems. Throughout the lifecycle stages of the document and or event the system uses configurable rules for administering business solution filters and assessment procedures to a member of the business solution’s closed community.

The product benefits business solutions sustainability in that it drastically reduces resources (human, information systems and financial systems) normally found in traditional business systems. Furthermore it offers, with very little overheads, flexible expansion into the quality, quantity and complexity of business solutions that requires growth or modernization.

BUSINESS MODEL

General description

The RMS Treasury System is an interactive system which keeps track of debits, credits and balances amongst players in a closed community. It offers a basic MIS reporting and interface to details of debtors and creditors and to the general ledger via the RMS Miner.

Generic possibilities

As a generic based system, it could be commissioned as a customer relations administration system, which measures and appraises behaviour to derive and assess a value which is managed and maintained per participant of a pre-defined community for future redemption. It allows for cross awards and cross redemption for various heterogeneous members in this closed community.

It could also be commissioned as a financial relations administration system, where debtors’ and creditors’ balances could be adjusted according to specific rules and collecting from debtors and payments to creditors could be administered on behalf of the client.

Management information

The RMS Miner is specifically developed for the client to retrieve management information from his data base. It is operated by the client himself.

PRODUCTS

The products suite is a Microsoft Windows (2000, 2003 or XP) compatible software set that requires an entry level database management system such as MS SQL Server 2000 and MS IIS 5.0 or higher.

The RMS Treasury System consists mainly of the following components:
:: The RMS Treasury Engine
:: The RMS Interface
:: The RMS Miner

The RMS Treasury Engine

The RMS Treasury Engine is the main application which drives the treasury system. It can be installed as a desktop application or a Windows Service.

It includes the following processes:

:: Import - where data is imported from different locations
:: Pre-Assess – where imported data is validated
:: Assess – where the treasury rules are applied (e.g. calculations are made)
:: Adjust – where participants’ balances are adjusted
:: Journaling – where journals are prepared for the ledger
:: Balancing – where controls are applied with regard to balancing
:: Export – where results are exported to predefined locations

The RMS Interface

The RMS Interface Windows is a facility that supplies the following

:: Serves as a platform for authorized users to insert variables and rules for debtors and creditors and members of the closed community
:: Hosts facilities for reporting limited management information
:: Hosts facilities for mass communication with customers (e-mail & SMS)
:: Host facilities for managing and running campaigns to members of the closed community (mainly in the loyalty environment)

The RMS Miner

The RMS Miner is a management information tool which is used for

:: Management reporting in different formats
:: Limited data mining
:: Building or manufacturing standard or extended information extraction queries
:: Scheduling and publishing of extraction queries to target audiences
:: Automatic e-mail facilities (for management reports)
:: WWW interface for extraction and filtering of published or manufactured queries

BUSINESS SCENARIOS

Loyalty system

The client wants to adjust its marketing policy by bringing in a loyalty system to build lasting relationships with customers or to change behaviour in some instances. He wants to schedule promotion campaigns to promote certain product lines. He also wants to communicate by SMS or E-mail to the target group thus alerting them of upcoming promotions. He also wants to retrieve management information on a regular basis and mail this to the responsible officials in his organisation or make it available on a web site.

RMS offers a Customer Relation Administration System which could serve these needs. The RMS Treasury Engine is the heart of the system and does all the checking, calculations and adjustments. The RMS Interface serves as a platform for the client to retrieve limited management information or to adjust the rules (e.g. for campaigns) for this loyalty program. The RMS Miner is a specially designed tool which put the facility of structuring their own queries in the hands of the client and schedules some of this information for mailing or makes it available on the web.

The same system could be commissioned where the client wants to put credits on cards of cardholders in a closed environment with specific rules where to spend those credits. As these spending transactions come through, it adjusts these card holders’ balances. The card holders could top up their balances according to certain rules.

Administration of Medical Insurance

The client wants to release remittances of creditors’ (practitioners) according to specific rules and do mass payments on a pre-structured basis. He could for instance want to calculate commissions based on sales and to adjust the creditors’ balances. He could structure mass payments in bulks on certain dates to favour his cash flow position.

RMS offers a Financial Relation Administration System (RMS Treasury Engine, RMS Interface and RMS Miner) which could serve these needs.

The same principles would apply where the client wants to collect monies from the members of the insurance scheme (debtors).

Administrating Agencies

RMS offers a Financial Relation Administration System (RMS Treasury Engine, RMS Interface and RMS Miner) which could serve these needs of commission payable to national agents based on global sales document assessment and measuring performance to specific campaigns.

CONTACT INFORMATION

Telephone: +27 21 914 2655
Fax: +27 21 914 8953
E-mail: tharine.louw@riskmsolutions.co.za

Business address:
1 st Floor, Tijger Park 2
Willie van Schoor Drive
Bellville 7530
South Africa

Postal address:
3 Krupp Ave
Door de Kraal
Bellville 7530
South Africa