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For decades we have crafted intuitive systems — more of what you want, less of what you don’t.
MIMICSA MIMICS group company · Since 1976
Financial software to match you.
Since 1976, MIMICS has built highly customised systems for banks, trusts, central banks and investment firms — software that adapts to you, not the other way around. Wildgrube Software is MIMICS’ development, QA and customer-support centre in Hyderabad.
Explore the MIMICS product silos
8 suitesInvestment Suite
Suite page →Comprehensive solutions for portfolio management, analysis, and client reporting.
17 systems · choose one to see its features
Customer Portfolio
Manage individual client portfolios with tools for analysis, reporting, and risk assessment.
- Multi-Asset SupportManages equity, fixed income, equity derivatives, fixed income derivatives, commodities, repos and other investment types.
- Cash Balance TrackingTracks settlement account cash balances as part of overall portfolio valuation.
- Tax & Fee CalculationCalculates taxes, fees and commissions as per your configuration.
- Allocation ModelsAllows setup of allocation models, investment guidelines and portfolio limits.
- Cash Flow ReportsProduces projected cash flow reports to provide your clients with the expected income for holdings.
- Client StatementsGenerates professional reports, statements and confirmations for your clients, with your logo at the top.
- System IntegrationInterfaces seamlessly with your core processing system as well as third-party systems such as ACH, SWIFT, RTGS, etc.
- Analytics IntegrationInterfaces with the MIMICS Portfolio Analysis module for full performance and risk analytics.
Fund Portfolio
Administer investment funds, including NAV calculation, investor management, and fee processing.
- Multi-Asset CoverageManages equity, fixed income, equity derivatives, fixed income derivatives, commodities, real estate, repos and other investment types.
- NAV CalculationCalculates the Net Asset Value (NAV).
- Fee CalculationCalculates management and incentive fees according to configured settings.
- Compliance ReportingPrepares all compliance reporting automatically.
- ScalabilityHandles an unlimited number of portfolios of any size.
- GL IntegrationInterfaces with the MIMICS General Ledger module or third-party general ledgers.
- Analytics IntegrationInterfaces with the MIMICS Portfolio Analysis module for full performance and risk analytics.
Treasury Portfolio
Oversee corporate treasury functions with cash forecasting, liquidity, and FX exposure management.
- Multi-Asset ManagementManages equity, fixed income, equity derivatives, fixed income derivatives, commodities, repos and other investment types.
- Compliance ReportingAutomates compliance reporting, set to your specific accounting standards.
- Transaction HistoryTracks and records all transaction history.
- Tax ObligationsAutomatically calculates your tax obligation.
- Price/Yield CalculationsProvides price/yield calculations.
- Core System IntegrationInterfaces seamlessly with your core processing system as well as third-party systems such as ACH, SWIFT, RTGS, etc.
Portfolio Analysis
Gain deep insights into investment performance with attribution, scenario modeling, and stress testing.
- Risk CalculationsPerforms risk calculations by interest and exchange rates.
- Scenario AnalysisRuns "what-if" scenarios to your specifications.
- Audit TrailsProvides real-time tracking, auditing trails and reporting of all transactions and holdings.
- Module IntegrationInterfaces with other MIMICS portfolio management modules.
Derivatives
Track, value, and manage options, futures, and other derivative instruments with precision.
- Derivative TypesManages equity derivatives and fixed income derivatives.
- Transaction TrackingTracks and records all transaction history and holdings.
- Real-time AuditingProvides real-time auditing trails and reporting.
- External InterfacesInterfaces with SWIFT, ACH, RTGS, and Bloomberg.
Forex Trading
Execute and manage foreign exchange trades with real-time rates and position keeping.
- Instrument SupportSupport for Spot, Forwards, Swaps, Non-Deliverable Forwards (NDFs), and FX Options.
- Real-time BlotterLive trading blotter showing open positions, P&L, and exposure by currency.
- Customer ManagementGroups customers by type, tracks beneficiaries, and manages tax/commission rules.
- Currency & Rate ManagementDefines base currencies and allows default rates to be saved, downloaded, or manually entered.
- Multi-User SecurityRobust security with different access levels and managerial approval workflows.
- Flexible Rate TypesSupports both direct and indirect exchange rates.
- Comprehensive ReportingDetailed purchases/sales reports, currency summaries, and commission reports.
- System IntegrationSeamlessly interfaces with Portfolio Management and third-party accounting systems.
Equity Trading
A comprehensive equity trading platform with FIX connectivity and pre-trade compliance checks.
- Order ManagementSupports limit, stop/loss, GTC, day orders, special conditions, and orders by specific par/value.
- Exchange InterfaceAutomated or manual interface for orders, completions (with parameter verification), and price imports.
- Commissions & TaxesFlexible calculation of fees/taxes with tiered schedules and manual override capabilities.
- Corporate ActionsAutomates processing of cash/stock dividends, splits, and mergers.
- Certificate ManagementManages lodging, withdrawing, pledging, releasing pledges, and indemnity fees.
- Account BalancesTracks customer account balances with integrated check disbursement and register.
- FIX ConnectivityIntegrate with brokers and exchanges using the industry-standard FIX protocol.
- Pre-trade ComplianceAutomatically check orders against internal and regulatory rules before execution.
Precious Metals
Manage physical and allocated/unallocated precious metal accounts and vault inventory.
- Investor TrackingTracks investor information, including KYC and omnibus accounts.
- Trade ManagementHandles purchasing or transferring in of precious metals via an easy-to-use grid.
- Item DetailsTracks item details such as weight, value, fineness, serial number, and hallmark.
- Vault LocationsTracks custodial location and delivery at any number of vault locations.
- Fee CalculationCalculates and tracks transactional and administrative fees.
- Sales & TransfersSupports sales and transfers out with profit calculation and disbursement.
Private Equity
Administer private equity funds, including capital calls, waterfalls, and investor reporting.
- Real-time TrackingProvides real-time tracking, auditing trails and reporting of transactions.
- EfficiencySaves time and labor by reducing manual processing time by over 90%.
- System IntegrationSeamless interfacing with third-party systems.
- Risk & ScenariosPerforms risk calculations and what-if scenarios.
Repos
Manage repurchase agreements with collateral management and automated settlement processing.
- Repo TypesSupports overnight and term repos.
- Collateral ManagementAllows for collateral management using trading inventory or portfolio securities.
- System IntegrationInterfaces with core processing systems and treasury portfolios.
- Audit TrailProvides a full audit trail and history reporting.
Real Estate Investment
Track and analyze real estate investments, including property valuation and lease management.
- Property ValuationTrack property valuations over time using various appraisal methods.
- Lease ManagementManage lease agreements, rental income, and occupancy rates.
- Cash Flow AnalysisAnalyze property-level and portfolio-level cash flows and returns (e.g., IRR, NOI).
Hedge Fund
Manage security portfolios for any type of security while maintaining margin accounts.
- Full Transfer AgentProvides all features of registrar, paying agent, and transfer agent.
- NAV CalculationsNet Asset Values are calculated and integrated with the customer side.
- Multi-Asset SupportHandles fixed income, derivatives, equities, and foreign exchange.
- General Ledger IntegrationEmbedded GL provides all financial reporting for the fund.
Bond Tax Swap
Enable the swapping of bonds, including at a loss for tax purposes, with recovery analysis.
- Swap AnalysisDetermines time to recover income given up from replaced bonds.
- Tax IntelligenceTakes into account applicable tax rates and profit/loss on held bonds.
- Price/Yield CalcCalculates prices and yields for both held and purchase sides.
- Graphing ResultsAutomatically graphs the recovery line and cash flow results.
Order Management
Facilitate buy/sell orders for any instrument type with automated exchange interfaces.
- Order ProcessingSupports limit, stop/loss, GTC, day orders and specific filled increments.
- Exchange InterfaceAutomatically post approved orders if the exchange provides an interface.
- Fee & Tax TrackingCalculates tiered fees, commissions and taxes on transactions.
- Customer BalancesTracks account balances and manages receipts and disbursements.
Investment Calculator
Perform daily calculations instantly with price and yield quotes for traders.
- Instant QuotesPrice and yield calculations at computer speed for quick client quotes.
- Saved CalculationsQuotes can be saved and retrieved for later trade execution.
- Manipulation ToolsAllows salespeople to manipulate trades easily during calls.
- Back Office SyncInterfaces with back office systems to tag inventory items.
Front Office
Manage available inventory and give quick quotes with an intelligent sales assistant.
- Intelligent InventoryShows available inventory and notifies sales of potential matches.
- Quote ManagerRecords and manages customer quotes for future activation.
- Sales AssistantTracks appointments, calls, and customer trading preferences.
- Paperless ExecutionAutomatically transmits trades to the back office upon activation.
Back Office
Process security purchases and sales with automated accounting and 1099 reporting.
- Trade ProcessingHandles security purchases, sales, payments, and deliveries.
- GL & DDA InterfaceUp-to-date financial statements with automatic general ledger syncing.
- Inventory ManagementTracks blocks by LIFO, FIFO, or specific CUSIP/ISIN identifiers.
- Compliance & TaxStreamlined 1099 processing and comprehensive audit trails.
Trust Suite
Suite page →Robust systems for managing trusts, estates, and fiduciary responsibilities with precision.
11 systems · choose one to see its features
Shareholder Accounting
Full registrar, paying agent, and transfer agent services for shareholder management.
- Registrar FunctionsManages the official register of an issuer's securities.
- Paying Agent ServicesHandles the payment of dividends and interest to security holders.
- Transfer Agent ServicesProcesses the transfer of ownership of securities from one holder to another.
- Dividend ProcessingAutomates the calculation and distribution of dividends.
Bond Paying Agent & Transfer Agent
Service bond issuances, managing interest payments, maturities, and certificate tracking.
- Transfer TrackingTracks and records all transfers, sales, and holder positions.
- Payment ProcessingHandles interest, principal, maturity, calls and puts.
- Interest ManagementProcesses fixed-rate and floating-rate bond interest payments.
- Tax ReportingFacilitates both electronic and printed tax reporting.
- Document GenerationPrints certificates, receipts, confirmations, checks, and mailing labels.
- Unified ManagementIntegrates with Shareholder Accounting for unified management.
Debt Management
Monitor and administer various debt instruments, including covenant tracking and payment scheduling.
- Agent FunctionsPerforms all features of registrar, paying agent and transfer agent.
- Interest DistributionDistributes simple or compounded interest according to various schedules.
- Instrument SupportHandles fixed-maturity and open-maturity debt instruments.
- Transfer ManagementAllows transfers between parties or from one security to another.
- Check RegisterUpdates check register with new check payments.
- Transaction HistoryMaintains a full history of transactions.
Pension Admin
A complete solution for managing pension plans, from contributions to benefit calculations.
- Automated PaymentsAutomates interest and dividend payments.
- Tracking & AuditsProvides real-time tracking of transfers and audit trails.
- Tax ReportingFully automates tax reporting and 1099 creation.
- Holding ManagementManages all current and dated holdings.
- Payment MethodsProcesses payments using check, ACH, RTGS and wire.
Mutual Fund Admin
Provide back-office services for mutual funds, including NAV calculation and shareholder servicing.
- Equity IssuanceIssues equity types including mutual funds and REITs.
- Dividend AutomationAutomates interest and dividend payments.
- Transfer TrackingProvides real-time tracking of transfers.
- Holdings ManagementManages all current and dated holdings.
- Tax ReportingFully automates tax reporting.
REITs
Specialized accounting and administration for Real Estate Investment Trusts, including FFO calculation.
- Full Agent FunctionsHandles registrar, paying agent and transfer agent functions for REITs.
- Investor HoldingsTracks current and historical holdings for each investor.
- Specialized HoldingsSupports restricted, hypothecated, or vested holdings.
- Transfer ProcessingEnables full or partial transfers between holders with full journal details.
- Broker & CommissionTracks brokers and automatically produces commission records.
- Dividend CalculationCalculates dividends using record-date or pro-rated methods.
Annuities
Manage the full lifecycle of annuity contracts, from issuance to payout calculations.
- Lifecycle ManagementHandles all types of annuities from purchase to payout.
- Rate & Fee TrackingTracks different interest rates and fees during accumulation and payout phases.
- CalculationsCalculates amortization schedules and projection calculations.
- Single-View AccessProvides single-screen access to customer details and beneficiaries.
- Fee ManagementTracks recurring and non-recurring fees and expenses.
- Commission ManagementManages sales commissions and override commissions.
IRA Management
Administer Individual Retirement Accounts with automated RMD calculations and contribution tracking.
- ScalabilityHandles an unlimited number of IRA accounts and beneficiary data.
- Contribution TrackingRecords mandatory and voluntary contributions.
- Payment ProcessingPrints lump-sum payments on pre-printed or blank check stock.
- Vesting ManagementManages vesting information and plan parties.
- Statement GenerationProduces IRA statements disclosing investment allocation and return history.
- Portfolio IntegrationInterfaces with MIMICS Portfolio Management for security management.
eProxy System
Provide online proxy materials and secure voting capabilities for shareholders.
- Proxy Material UploadSecurely upload proxy materials in PDF, HTML, or other formats.
- Secure VotingShareholders cast votes securely with password protection.
- Vote TabulationAutomated tabulation of votes with detailed audit trails.
- Seamless IntegrationDirectly interfaces with MIMICS Shareholder Accounting.
Money Desk
Integrate money desk operations for overnight and term investments in a single module.
- Product CoverageHandles T-Bills, Commercial Paper, BAs, CDs, and Repos.
- Automated SweepsManage overnight transactions via automated DDA balance sweeps.
- Rate ManagementSupports fixed, pegged, tiered, and variable rate offerings.
- History Drill-downInstantly view and drill down through transaction history.
CD Custody & Issuance
Manage custodial CD holdings from order posting through interest distribution.
- Investment TrackingTracks interest-bearing and discount CDs from pending to approved.
- Interest ProjectionProjects interest received from institutions and paid to customers.
- Payment ProcessingFacilitates payments by check, ACH, or wire with sinking fund management.
- Broker CommissionsAutomates calculation and amortization of broker commissions.
Core Processing Suite
Suite page →The backbone of your operations, handling transactions, settlement, and record-keeping.
8 systems · choose one to see its features
Customer/Member Management
A 360-degree view of your customers with KYC, risk ratings, and relationship tracking.
- Onboarding & KYCIncludes processes for new member onboarding and ensuring compliance with Know Your Customer (KYC) regulations.
- Risk RatingsAssign, track, and manage dynamic risk ratings for all members.
- Member Status & DormancyMonitor and manage the status of member accounts, including dormancy tracking.
- Full Relationship TrackingTracks, manages, and helps build all aspects of customer relationships for a 360-degree view.
- FATCA & CRS ReportingOptional modules for tracking and reporting for FATCA and Common Reporting Standard (CRS).
- AML & Watchlist InterfacesOptional interfaces for Anti-Money Laundering (AML) and government watchlist screening.
Account Management
Core system for managing deposit accounts, cheque services, and automated payments.
- Deposit Account ManagementFull functionality for Checking Accounts, Savings Accounts, and CDs/Fixed Deposits.
- Cheque ServicesComplete management of chequebook issuance and cheque clearing processes.
- Automated PaymentsSupport for Payroll Importing, Standing Orders, and Bill Pay services.
- Flexible TransactionsSupports transfers and allows any number of accounts per customer.
- Multi-Channel DisbursementsHandles receipts and disbursements through Cash, Check, ACH, Wire, SWIFT, RTGS, and more.
- Card & ATM IntegrationInterfacing available for Debit/Credit Card and ATM networks.
Teller
Full-featured teller module for branch operations, including till/vault management and transactions.
- Till & Vault ManagementOrganize, monitor, and streamline teller operations with full till and vault management.
- Cash Denomination TrackingMaintain precise tracking of cash denominations at each teller window.
- Teller Window TransactionsFacilitates all standard teller transactions, including deposits and disbursements.
- Check Cashing & Currency ExchangeIntegrated functionality for check cashing and foreign currency exchange.
- Cross-Functional CapabilitiesEnables tellers to process loan payments and manage CDs directly.
Loan Origination
Streamline the entire loan application process, from digital forms to approval workflows.
- End-to-End Application ProcessingExecute the loan application process from start to finish with comprehensive tools.
- Digital & Printed FormsSupports both digital and printed application forms for flexibility.
- Risk Ratings & Approval WorkflowIncludes built-in risk rating calculations and a configurable approval workflow.
- Financial Ratio AnalysisAutomatically analyzes financial data to provide standard financial ratios for decision-making.
Loan Management
Administer loan portfolios with flexible parameters, delinquency tracking, and collections tools.
- Flexible Loan ParametersSupports fixed/on-demand terms and fixed, variable, or pegged interest rates.
- Comprehensive AdministrationAdminister new loans, save associated documents, and track all transactions.
- Past Due & Delinquency TrackingIncludes automated tracking for past due payments and delinquency monitoring.
- Collections & RefinancingProvides tools for managing debt collections and refinancing processes.
Accounting
A full ERP-level accounting module with AR, AP, reconciliation, and fixed assets.
- Accounts Receivable (AR)Manage customer invoices and incoming payments.
- Accounts Payable (AP)Track and manage vendor bills and payments.
- Reconciliation ModuleIncludes tools for automated and manual account reconciliation.
- Fixed Assets ManagementTrack and manage the lifecycle of company assets.
- HR & PayrollIntegrated modules for Human Resources and Payroll processing.
- ERP FunctionalityProvides all required functions for a complete accounting/finance department.
Online Banking
Provide customers with secure online access for balance inquiries, transfers, and bill payments.
- Balance InquiryProvide customers with real-time access to their account balances.
- Fund TransfersEnable secure transfers between a customer's own accounts and to external accounts.
- Bill PayOffer a comprehensive bill payment service for one-time and recurring payments.
Interfaces
Seamlessly connect your core system to SWIFT, ACH/RTGS, and market data providers.
- SWIFT ConnectivityConnect to the SWIFT network for secure financial messaging.
- ACH/RTGS ProcessingIntegrate with national and international clearing houses for payments.
- Data Feed IntegrationConnect to market data providers like Bloomberg and Reuters.
Banking Suite
Suite page →Specialized modules for commercial banking, lending, and cash management.
13 systems · choose one to see its features
Core Processing
The essential backbone for banking operations, managing deposits, GL, and transactions.
- Daily OperationsHandles daily banking operations and transaction processing.
- Module IntegrationInterfaces with various MIMICS modules for expanded functionality.
- Real-time ReportingProvides real-time tracking and reporting.
- Task AutomationAutomates back-office and front-office banking tasks.
Real Estate
Manage real estate lending, from mortgage processing and escrow to appraisal tracking.
- Mortgage ProcessingHandle mortgage applications from origination through closing and servicing.
- Escrow ManagementManage escrow accounts for taxes, insurance, and other purposes.
- Appraisal TrackingOrder, track, and manage property appraisals within the loan workflow.
Loan Origination
Originate both consumer and commercial loans with integrated credit scoring and decisioning.
- Parameter DefinitionAllows user-defined parameters for required data and financial ratios.
- Validation ChecksChecks entered information against parameters to flag applications.
- Financial AnalysisStores financial information and calculates trend lines and cash flows.
- Communication LogLogs all communications with customers, including emails and calls.
- Lifecycle TrackingTracks appraisal values and insurance for continued lifecycle management.
- Portal IntegrationInterfaces with the secure MIMICS Web Portal for initial applications.
Repurchase Agreements
A specialized module for managing repo trades, collateral, and daily repricing.
- Collateral HandlingAllows investing funds at another bank and receiving collateral for reverse repos.
- Flexible TermsSupports variable principals and fixed, variable, or tiered rates.
- Repo TypesHandles overnight, Term and TFN Repos.
- Tax ReportingGenerates 1099s for IRS reporting.
- Document AutomationAutomates printing/emailing of confirmations and statements.
- System ExportInterfaces with DDA Import/Export and general ledger export.
Loan Management
Comprehensive servicing, collections, and reporting for all types of loan portfolios.
- Balance TrackingTracks loan balances and interest accruals.
- Collateral ManagementManages collateral information and appraisal values.
- Payment ProcessingRecords and processes loan payments.
- Portfolio ReportingProvides comprehensive reporting on loan portfolios.
Safekeeping
Provide custody services for client assets, including securities tracking and corporate actions.
- Asset TrackingTracks asset details and custodial locations.
- Tracking & AuditsProvides real-time tracking and audit trails.
- Statement GenerationGenerates customer statements and confirmations.
- System IntegrationInterfaces with core processing and general ledger systems.
Fed Funds
Manage overnight borrowing and lending of reserve balances with other financial institutions.
- Trade HandlingHandles principal and agent trades, including pooled trades.
- Rate FlexibilityAllows rates to be fixed, pegged, or based on principal tiers.
- Fund MonitoringMonitors agent funds sold to prevent exceeding purchases.
- Customer AdvicesCan issue weekly advices to customers showing daily principal and rates.
- Sweeps & ACHElectronically sweeps DDA balances and prepares ACH entries.
- Standard ReportingIncludes a full package of standard reports.
Item Collections
Process inbound and outbound check collections efficiently with image exchange capabilities.
- Process AutomationAutomates receiving, collecting, and processing of collection items.
- Document IssuanceIssues receipts and collection documents for paying institutions.
- Funds DisbursementDisburses collected funds by check or direct deposit.
- Item ProcessingProcesses drafts, coupon envelopes, bonds, and NSFs.
- Status TracersGenerates tracers for quick status lookup.
- GL/DDA InterfaceInterfaces with GL/DDA systems to eliminate manual entries.
Documentary Collections
Handle trade finance instruments like letters of credit and bills of lading.
- Collection TrackingTracks and manages documentary collection items.
- AutomationAutomates form generation and payment processing.
- Audit TrailsProvides real-time tracking and audit trails.
- Messaging InterfaceInterfaces with SWIFT and other messaging systems.
Teller
A comprehensive module for managing all teller and branch activities, including cash management.
- Transaction ProcessingProcesses deposits, withdrawals, and loan payments.
- Core IntegrationInterfaces with core processing and DDA systems.
- Cash & HistoryTracks cash drawer balances and transaction history.
- Verification & ReportingProvides real-time verification and reporting.
Public Funds Deposits
Manage the specific collateralization and pledging requirements for public fund deposits.
- CollateralizationManage collateral required to secure public fund deposits.
- PledgingPledge specific securities to cover municipal and government deposits.
- Government ReportingGenerate the necessary reports for compliance with public funds regulations.
Debt Collections
Track and resolve unpaid debts with automated notifications and communication logs.
- Communication DiaryTracks a diary of calls, faxes, emails and in-person visits.
- Automated WorkflowUser-defined processes triggered by delinquency or failed attempts.
- Settlement TrackingManage negotiated settlements and track the negotiation history.
- Loan IntegrationDirectly interfaces with MIMICS Loan Management for real-time alerts.
REO Management
Process Real Estate Owned properties from foreclosure through final disposition.
- Property LifecycleManages properties from inception through final disposal.
- Appraisal & InspectionFiles and tracks appraisals, inspections, and legal litigation.
- Financial StatementsMaintains complete financial statements and REO budgets.
- Listing ManagementTracks real estate listings, expirations, and broker information.
ERP Suite
Suite page →Integrated systems for enterprise resource planning, including accounting and compliance.
13 systems · choose one to see its features
General Ledger
The integrated accounting backbone for all financial reporting, budgeting, and analysis.
- Integrated GL SystemA fully functioning and integrated general ledger system.
- Financial Reporting & AnalysisProvides standard financial reporting, budgeting, and analysis tools.
- Journal Entry SystemFeatures a complete journal entry system for manual and automated entries.
- Customizable ReportsAllows for the creation of user-customized financial reports.
Compliance
Mitigate risk with fraud protection, regulatory reporting, and suspicious activity monitoring.
- Fraud ProtectionHelps protect against suspicious or fraudulent activity through continuous monitoring.
- Full Regulatory ReportingEnsures compliance with regulatory agencies via comprehensive, built-in reporting.
- Overdraft & Limit MonitoringSet and enforce compliance rules for Account Overdrafts and Transaction Limit Exceptions.
- Suspicious Activity MonitoringConfigure rules to detect and flag suspicious activity for review and reporting.
DDA Processing
Efficiently manage Demand Deposit Accounts (checking accounts) with overdraft and fee tools.
- Demand Deposit AccountsManage checking and other demand deposit accounts efficiently.
- Overdraft ProtectionOffer and manage various overdraft protection options for customers.
- Service ChargesApply a wide range of service charges based on account activity and balances.
Customer Relationship Management
Build stronger relationships with a 360-degree customer view and sales/service automation.
- 360-degree Customer ViewGet a complete view of each customer relationship across all products.
- Sales & Service AutomationAutomate workflows for sales and customer service teams.
- Marketing CampaignsManage and track the performance of marketing campaigns.
General Reconciliation
Automate reconciliation for Nostro/Vostro accounts, cash, and positions.
- Nostro/Vostro AccountsReconcile accounts held with correspondent banks.
- Cash & Position RecsPerform daily reconciliation of cash balances and security positions.
- Automated MatchingUse a powerful matching engine to automate the reconciliation process.
Accounts Payable
Streamline invoice processing and payment workflows with robust vendor management.
- Invoice ProcessingCapture, process, and approve vendor invoices with automated workflows.
- Payment Approval WorkflowSet up multi-level approval workflows for payments.
- Vendor ManagementMaintain a central database of all vendor information.
Accounts Receivables
Manage customer invoicing, cash application, and collections for improved cash flow.
- InvoicingGenerate and send invoices to customers for products and services.
- Cash ApplicationAutomatically apply incoming payments to outstanding invoices.
- Collections ManagementManage the collections process for overdue receivables.
Account Reconciliation
High-speed, rules-based matching for bank, intercompany, and GL reconciliations.
- Automated MatchingHigh-speed, rules-based matching of transactions from multiple sources.
- Exception ManagementWorkflow tools to manage and resolve reconciliation breaks.
- ReportingDashboards and reports to monitor the status of all reconciliations.
Billing
A flexible billing engine for recurring, usage-based, and complex invoicing scenarios.
- Recurring BillingSet up and manage recurring billing schedules for subscription services.
- Usage-based PricingBill customers based on their consumption of services.
- InvoicingGenerate accurate and professional-looking invoices.
Fixed Assets
Track the complete lifecycle of company assets, from acquisition to depreciation and disposal.
- Depreciation CalculationCalculate depreciation using various methods (e.g., straight-line, declining balance).
- Asset TrackingTrack the location, condition, and value of all fixed assets.
- Disposal ManagementManage the sale or disposal of assets and record gains or losses.
Purchasing
Control spending with a complete purchase order and requisition workflow system.
- Purchase OrdersCreate, approve, and track purchase orders from requisition to receipt.
- Requisition WorkflowAutomate the process for employees to request goods and services.
- Budget ControlEnforce budget controls at the point of purchase.
Reconciliation
A powerful, general-purpose reconciliation tool for bank, intercompany, and GL accounts.
- Bank RecsAutomate the reconciliation of your bank statements with your general ledger.
- Intercompany RecsReconcile transactions and balances between different legal entities.
- GL RecsPerform detailed reconciliation of general ledger accounts.
Human Resources (HRMS)
A comprehensive solution for managing organization-wide human resources and recruiting.
- Employee ManagementStores comprehensive data including leaves, training, and salary history.
- Recruitment ModuleManages job requisitions, applications, and interview scheduling.
- Performance & LeaveAutomates leave tracking and periodic employee performance reviews.
- Security & BackupRole-based access, disaster recovery, and automated backup routines.
Central Banking Suite
Suite page →Tailored solutions for national financial institutions, managing debt, currency, and reserves.
12 systems · choose one to see its features
Auction Processing
Conduct secure auctions for government securities with automated bidding and settlement.
- AutomationAutomates features such as auctions and trade approval.
- CalculationsWorry-free accuracy in complex types of calculations.
- Tracking & AuditsProvides full tracking and auditing trails.
- External InterfacesSeamless interfacing with SWIFT, ACH, RTGS, and Bloomberg.
Numismatic Management
Track vault contents of collectors currency items, including gifts and company archives.
- Vault CategoriesTracks General, Consignment, Redeemed, Gratis, and Archive stock.
- Request TrackingManages requests for items as sales or gifts through delivery.
- Full Audit TrailMaintains precise audit logs of vault removals and transfers.
- Currency SyncSubset of MIMICS Currency Management for central banks.
Treasury Bills (Central Bank)
Manage Treasury Bills and Notes from auction issuance through maturity.
- Auction ManagementHandles applications, allocation, and rejection/acceptance letters.
- Holdings TrackingTracks daily accretion, accruals, and produces investor statements.
- Maturity ProcessingProcesses maturity payments via check, direct deposit, or wire.
- Institution SpecificCustomizable to central bank operations and statement requirements.
Public Debt Issuance
Manage the entire lifecycle of government debt, from issuance to servicing.
- Issuance & ManagementIssues instruments of debt and manages holder positions.
- Payment AutomationAutomates interest and principal payments.
- Regulatory ComplianceProvides localized compliance with national laws and regulations.
- Holdings TrackingFull tracking and reporting of all holdings.
Currency Vault Management
Maintain precise control over currency inventory, CIT, and fitness sorting for central banks.
- Inventory TrackingTracks currency vault inventory and movements.
- Audit TrailsProvides full tracking and audit trails of all holdings.
- CalculationsWorry-free accuracy in calculations.
- ComplianceLocalized to fit national regulations.
Dormant Accounts
Monitor, manage, and process dormant accounts according to regulatory requirements.
- RegistryMaintains a register of dormant accounts and associated activity.
- Compliance ReportingProvides full reporting and tracking for regulatory compliance.
- Bank ReportingInterfaces with commercial bank reporting systems.
- Web PortalCustomized web portal for regulatory reporting.
Exchange Control
Monitor and report on foreign exchange transactions and capital flows for regulatory compliance.
- Account TrackingTracks foreign currency accounts and approval information.
- Project DetailsMaintains details of foreign direct investment projects.
- Reporting PortalCustomized web portal for regulatory reporting from clients/banks.
- Approval TrackingTracks exchange approvals and renewal/expiration dates.
- ReportingProvides an extensive list of reports on accounts and activity history.
- Engine IntegrationInterfaces with the MIMICS Central Bank Engine.
Forex Trading
Execute FX interventions and manage reserve currency trading for central banking operations.
- Account ManagementManages all aspects of operating accounts and printing contracts.
- Tax & CommissionGroups customers into types and calculates taxes/commissions.
- Currency ManagementAllows for base currency setup and default exchange rate management.
- Security & ApprovalsIncorporates a multi-user platform with managerial approval levels.
- ReportingProduces reports including currency summaries and exchange rate reports.
- System IntegrationInterfaces with Portfolio Management and third-party programs.
Reserve Portfolio Management
Manage the nation's foreign currency reserves with advanced asset allocation and performance tools.
- Portfolio ManagementManages foreign-exchange reserve portfolios.
- CalculationsWorry-free accuracy in complex calculations.
- External InterfacesSeamless interfacing with SWIFT, ACH, RTGS, and Bloomberg.
- Real-time ReportingProvides real-time tracking and reporting of holdings.
Pension Admin
Administer large-scale public sector pension plans for government employees.
- Contribution ManagementManages pension contributions and payout schedules.
- Audit & ReportingProvides full tracking, auditing trails and reporting.
- ComplianceLocalized to fit national laws and regulations.
- AutomationAutomates features such as payment processing and reporting.
Teller
Specialized teller functions for central bank counters, including note exchange and public services.
- Transaction ProcessingProcesses currency exchange and disbursement transactions.
- Complex CalculationsWorry-free accuracy in over 200 different complex calculations.
- Audit TrailsFull tracking and audit trails of all transactions.
- Check & ApprovalAutomates check printing and trade approval.
Regulatory Reporting Portal
A secure portal for collecting, validating, and analyzing regulatory data from financial institutions.
- Web PortalCustomized web portal for regulatory reporting.
- Data SubmissionAllows companies to submit information via grid entry or spreadsheet uploads.
- History & ActivityEnables downloading of submission history and activity reports.
- Engine IntegrationSeamless interfacing with Central Bank Engine software.
Interfaces
Suite page →Seamlessly connect to major financial networks and data providers.
10 systems · choose one to see its features
SWIFT (MT and MX)
A messaging gateway for secure and compliant communication over the SWIFT network.
- Messaging GatewayConnect directly to the SWIFT network to send and receive financial messages.
- Format TranslationTranslate between proprietary formats and SWIFT MT/MX standards.
- STPEnable Straight-Through Processing of financial transactions via SWIFT.
RTGS
Connect to national Real-Time Gross Settlement systems for high-value, urgent payments.
- Real-Time Gross SettlementConnect to national RTGS systems for high-value, urgent payments.
- Fedwire, CHAPS, TARGET2Pre-built interfaces for major RTGS systems worldwide.
- Liquidity MonitoringMonitor intraday liquidity positions with the central bank.
ACH
Process high-volume, low-value batch payments through the Automated Clearing House network.
- Automated Clearing HouseProcess batch payments and direct debits through the ACH network.
- Direct Debit/CreditOriginate and receive direct debit and credit transactions.
- NACHA FormattingEnsure all ACH files are formatted according to NACHA standards.
Bloomberg Data License
Integrate end-of-day pricing, reference data, and corporate actions from Bloomberg.
- End-of-day PricingAutomatically download end-of-day pricing for a wide range of securities.
- Reference DataEnrich your security master file with comprehensive reference data from Bloomberg.
- Corporate ActionsReceive and process corporate action data automatically.
Reuters
Stream real-time market data, news, and instrument pricing from Reuters into your systems.
- Real-time Market DataStream real-time market data from Reuters into your applications.
- News FeedsIntegrate financial news feeds to inform trading and investment decisions.
- Instrument PricingAccess pricing for a vast universe of financial instruments.
OFAC
Real-time sanctions screening for transactions and customers against OFAC and other lists.
- Sanctions ScreeningScreen transactions and customers against the OFAC sanctions list in real-time.
- List ManagementAutomatically update sanctions lists as they are published by authorities.
- Case ManagementManage and investigate potential hits with a built-in case management tool.
DTC
Connect to the Depository Trust Company for automated clearing and settlement of securities.
- Depository Trust CompanyConnect to the DTC for clearing and settlement of securities transactions.
- SettlementAutomate the settlement of trades with other DTC participants.
- Custody ServicesManage securities positions held at the DTC.
OTC
Process, report, and manage collateral for Over-the-Counter derivative trades.
- Over-the-Counter DerivativesProcess and manage Over-the-Counter derivative trades.
- Trade ReportingReport OTC derivative trades to trade repositories as required by regulations.
- Collateral ManagementManage collateral for bilateral OTC trades.
AML Watchlists
Screen customers and transactions against various Anti-Money Laundering watchlists.
- Anti-Money LaunderingScreen customers and transactions against various AML watchlists.
- Customer ScreeningPerform screening at onboarding and on an ongoing basis.
- Alert GenerationGenerate alerts for potential matches for further investigation.
Tax Reporting
Automate the generation of 1099/1042-S, cost basis, and FATCA/CRS tax reports.
- 1099/1042-S GenerationAutomate the generation of US tax forms like 1099 and 1042-S.
- Cost Basis ReportingTrack and report cost basis for tax purposes.
- FATCA/CRSComply with international tax reporting standards like FATCA and CRS.
Other Modules
Suite page →Versatile add-on systems to handle specialized financial and administrative tasks.
10 systems · choose one to see its features
Property Management
Manage portfolios of real estate assets, including lease tracking and maintenance scheduling.
- Real Estate AssetsManage a portfolio of real estate assets, both commercial and residential.
- Lease TrackingTrack lease terms, rental payments, and occupancy.
- Maintenance SchedulingSchedule and track maintenance activities for properties.
Signature Management
A secure digital repository for storing and verifying customer signatures and mandates.
- Signature VerificationStore and retrieve customer signatures for verification purposes.
- Digital RepositoryMaintain a secure digital repository of signature cards.
- Mandate LevelsManage signing authorities and mandate levels for corporate accounts.
Membership Card Services
Issue and manage membership/loyalty cards, including points programs and transactions.
- Card IssuanceManage the issuance and lifecycle of membership or loyalty cards.
- Loyalty ProgramsAdminister points-based loyalty programs.
- Transaction ProcessingProcess transactions made with membership cards.
Law Firm Case Warehouse
A specialized system for legal case management with integrated trust accounting and billing.
- Case ManagementStore and manage data related to legal cases.
- Trust AccountingHandle client trust accounting in compliance with legal industry standards.
- BillingGenerate bills for legal services based on case data.
Loan Syndication
Manage complex syndicated loans, including participant shares and fee distribution.
- Participant ManagementManage the participants in a syndicated loan and their respective shares.
- Interest & Fee DistributionAutomate the distribution of interest and fees to syndicate members.
- Agent/Lender RolesSupport both agent and participant roles in a loan syndication.
Process Flow
A powerful business process automation (BPA) engine to design and automate workflows.
- Business Process AutomationAutomate complex business processes with a powerful workflow engine.
- Workflow DesignerUse a graphical designer to create and modify workflows.
- Task ManagementAssign and track tasks as part of automated processes.
Debt Structuring
Model and analyze complex debt structures and financing scenarios.
- Financial ModelingModel complex debt structures and financing scenarios.
- Scenario AnalysisAnalyze the impact of different assumptions on a debt structure.
- Term Sheet GenerationAutomatically generate term sheets based on the structured deal.
Online Banking
A customizable online portal for customers with multi-user access and secure messaging.
- Customizable PortalProvide a fully customizable online banking portal for your customers.
- Multi-user AccessSupport multiple users with different permission levels for corporate clients.
- Secure MessagingOffer a secure messaging platform for communication with customers.
Standard Web Portals
Offer pre-built, template-based web portals for clients to access their account data.
- Client AccessOffer pre-built web portals for clients to access their account information.
- Reporting DashboardProvide a dashboard with key reports and data visualizations.
- Statement ArchivesAllow clients to access and download historical statements.
Custom Web Portals
Develop fully bespoke, white-labeled web portals to meet unique client requirements.
- Bespoke DevelopmentDevelop fully custom web portals to meet unique client requirements.
- Third-party IntegrationIntegrate custom portals with other third-party systems.
- White-labelingOffer white-labeled portals that can be branded for your clients.
The MIMICS groupat a glance
- MIMICS founded
- 1976
- Financial institutions served
- 100+
- Systems deployed in production
- 500+
- Countries with MIMICS clients
- 20+
Wildgrube SoftwareHyderabad, India · since 2018
- Product development
- Quality assurance
- Implementation & data conversion
- Customer & technical support
Product suites
Everything a financial institution runs on.
8 integrated suites and 94 systems that interface seamlessly with one another — and with your third-party programs.
Investment Suite
Comprehensive solutions for portfolio management, analysis, and client reporting.
17 systemsExplore
Trust Suite
Robust systems for managing trusts, estates, and fiduciary responsibilities with precision.
11 systemsExplore
Core Processing Suite
The backbone of your operations, handling transactions, settlement, and record-keeping.
8 systemsExplore
Banking Suite
Specialized modules for commercial banking, lending, and cash management.
13 systemsExplore
ERP Suite
Integrated systems for enterprise resource planning, including accounting and compliance.
13 systemsExplore
Central Banking Suite
Tailored solutions for national financial institutions, managing debt, currency, and reserves.
12 systemsExplore
Interfaces
Seamlessly connect to major financial networks and data providers.
10 systemsExplore
Other Modules
Versatile add-on systems to handle specialized financial and administrative tasks.
10 systemsExplore
Industries
Trusted where precision is non-negotiable.
- Commercial banksLending, deposits, cash management, collections and repos — with the interfaces and compliance a regulated bank needs.
- Central banksPublic debt issuance, foreign reserve management, currency and numismatics — national-scale systems with full audit trails.
- Trust companies & fiduciariesTrusts, estates, pensions, annuities, REITs and paying-agent services, administered with precision.
- Investment & wealth managersPortfolio management, trading and client reporting — from front office to the exchange.
- Credit unionsA modular, scalable and affordable core to boost productivity, ensure compliance and deliver an exceptional member experience.
- Registrars & transfer agentsShareholder accounting, dividend runs and certificate management that follow local tax regulations.
Why MIMICS
Engineered for your exact needs.
Our longevity is a testament to our commitment to quality, innovation and client success. We are not just software developers; we are financial industry experts who understand the nuances of your business.
Customisation
We learn your institution’s needs and tailor the software to your exact specifications.
Productivity
MIMICS does the heavy lifting of calculating, processing and automating, so your people don’t have to.
Value
Extensive functionality and customisation deliver more value at a lower price than competitors.
Security
Fully encrypted databases and data tokenisation that exceed industry standards.
Support
Friendly, responsive support, day or night — we strive for 100% client satisfaction.
What MIMICS clients say
Relationships measured in decades.
Many MIMICS clients have been with us for 15 years or more.
“After working with MIMICS for over 15 years, I can honestly say their customer service is above and beyond expectations. Whether working on an upgrade to an existing product or requesting an additional service, the response time is exceptional. The staff is always pleasant and accessible!”
“Since 2004, the Central Bank has engaged MIMICS to develop several solutions... The Bank is pleased with the quality of service support delivered by MIMICS and its demonstrated commitment to ongoing product enhancement in a cost-effective manner.”
“The method used prior to MIMICS’ installation in 2004 was a manual ledger. I’d say 100% increase in efficiency!”
How we deliver
Built around you. Supported for decades.
- 01
Discover
We learn your operations, regulations and the systems you already run.
- 02
Tailor
We configure and customise the MIMICS systems you choose to match your exact needs.
- 03
Implement
We convert your data, build interfaces and install on-premise or in your cloud.
- 04
Train
Your team is trained remotely or on-site on its own configuration and workflows.
- 05
Support
Ongoing helpdesk, updates and compliance-driven enhancements for years to come.
Wildgrube Software · Hyderabad
We are one, not many.
Wildgrube Software Private Limited is the India subsidiary of MIMICS, Inc. MIMICS sells and owns every client relationship from the US; from Hyderabad, our team builds, tests, implements and supports the MIMICS systems those clients run.
Software that does exactly what you need it to do.
Tell us about your institution and the problem you are solving. We will show you how MIMICS systems fit — remotely or on-site.