SmartMoney is comprehensive software for the management and transfer of funds throughout the world. The scope can be limited to within a country, a district, or state wide funds management operations. As a whole, the product is designed to dynamically manage all branches of a banking sector from a central location, change policies and rights of bank branches, and manage funds allocation individually. The banking policies such as max limit of cash to be retained by any branch, collection policy, purchase of foreign currency, management of daily funds, assignment of parent branch and siblings, and other consolidated totals can be managed individually at the branches and controlled from a central location. The security policy can be individually set per bank or group of banks. Bank Manager allows the addition of banks, change in policy, which will be dynamically changed in all client software provided throughout the world. New countries of operations can be added, and foreign exchange rates can be updated per country on a daily basis, the current currency foreign exchange value is indicated by the software at all times, pertaining to different exchange rates per country. Also the collection and transfer of funds between branches can be set on a daily, weekly or on the basis of funds accumulated to the total allocation limit or both. All the above mentioned functions can dynamically modify the branch software such that a change made, will be reflected to all the software provided, to all the branches in any part of the world almost immediately or within the time limit specified. The modules to be loaded at startup for each branch can be controlled separately, hence only those modules appropriate for a branch will be loaded. By default, all modules are loaded on startup, unless otherwise expressly stated in the Policy file. The software undergoes rigid testing procedures before deployment. If any bugs are detected in the operation of the software, the warranty of the product will cover any defects found within the operation(s) of the software, and will be rectified in the shortest time span possible. This software is also set on the principals of money transfer rules set by the RBI. All transactions are secured and transmitted through 128 bit Secure Sockets Layer (SSLIOP) Protocol. The software is developed using Borland JBuilder; using Java – CORBA Architecture. This software is made in compliance with international banking standards many of the leading practices have been adopted such as the use of a Money Control Code for transfer of funds. The final product will however is subject to modifications as suggested by the Banks.

SmartMoney Modules
SmartMoney contains the seven modules, each having its varied and precise control of different elements of banking and funds transfer. To summarize the various functions the different sections have been outlined. The different sections summarized are built into the same software. The seven modules are:

1. SmartMoney - Foreign Exchange
2. SmartMoney - Funds Manager
3. SmartMoney - Policy Manager
4. SmartMoney - Instant Money Transfer
5. SmartMoney - Bank Manager
6. SmartMoney - Security Systems
7. SmartMoney - Messaging System