MFISC/D follows a true Client – Server architecture with the database as Oracle v 8.x The user interface is written in Power Builder v 7.x, a powerful Graphical User Interface (GUI).
Users are given a functional ID and password to access MFISC/D. Pre defined security levels determine the limitations of user access ranging from administrator to service executive. Remote access to specific functions can be allowed controlled.
MFISC/D maintains an audit trail of major changes to the database. Audit trail carries the date and the user ID along with the modifications done to the tables.
The following details of the Share Class are set up:
- Definition of NAV decimal points.
- Cut off time for allotment of Units at current NAV.
- Minimum number of Units that can be Redeemed.
- Minimum Purchase amount and multiples thereof.