Central Banking Suite
Auction Processing
Conduct secure auctions for government securities with automated bidding and settlement.
Key features
Automation
Automates features such as auctions and trade approval.
Calculations
Worry-free accuracy in complex types of calculations.
Tracking & Audits
Provides full tracking and auditing trails.
External Interfaces
Seamless interfacing with SWIFT, ACH, RTGS, and Bloomberg.
Like every MIMICS system, Auction Processing is customised to your institution and interfaces with the other MIMICS modules and your third-party systems. How we deliver →
Quick answers
About Auction Processing
What is MIMICS Auction Processing?
Auction Processing is part of the MIMICS Central Banking Suite. Conduct secure auctions for government securities with automated bidding and settlement.
What are the key features of MIMICS Auction Processing?
Key features include Automation, Calculations, Tracking & Audits and External Interfaces.
Can Auction Processing be customised and integrated with other systems?
Yes. Like every MIMICS system, Auction Processing is customised to each institution’s requirements and local regulations, and interfaces with the other MIMICS modules and third-party systems. It can be deployed on-premise, in the cloud (AWS, Microsoft Azure, Oracle Cloud and others) or in a hybrid model.
Who builds and supports MIMICS Auction Processing?
MIMICS, Inc. has built financial software since 1976. Its India subsidiary, Wildgrube Software in Hyderabad, develops, tests, implements and supports MIMICS systems.
See Auction Processing working with your data.
Tell us about your institution and the problem you are solving. We will show you how MIMICS systems fit — remotely or on-site.