News

  • Upgraded SSL Encryption

    To ensure the best possible security and trust for our cloud-based treasury software solution and website, we have recently implemented the CloudFlare “threat detection monitoring” and full end-to-end encryption. The latest TLS 1.3 encryption is now available for SSL Encryption.

  • Google Authentication

    In addition to integrated 0auth authentication for users in the Microsoft Network, the CAPIX Cloud Treasury service can now login using their Google credentials Eg. Gmail accounts. This will help allow a single set of user-credentials to be used and simplify logging in.

  • Seasons Greetings for 2019

    Seasons greeting from management and staff of CAPIX.

    Our office will be closed until Monday 6th January 2020.

    Telephone and email support services will still be available over the break.

  • Microsoft Hotfix

    A recent Microsoft Security Hotfix has caused problems with the CAPIX Desktop treasury software application. An error “Corrupt Query” is thrown,

    https://support.office.com/en-us/article/access-error-query-is-corrupt-fad205a5-9fd4-49f1-be83-f21636caedec

    Microsoft is due to release a fix 27-Nov-2019

  • Software Market Consolidation

    Recently most of our new sales enquiries have come from treasury operations looking to move to CAPIX from competing software vendors.
    There has been much consolidation in the treasury software sector, with our competitors acquired by other, larger vendors. Leads to a loss of focus and a move to increase prices to fund the acquisition. Clients suffer.

  • Holiday Monday 10-Jun-2019

    Monday 10th June 2019 - is the Queen’s Birthday Public Holiday in Australia.

    Our office will be closed on Monday, except for Support Staff who will be available to assist international clients as usual.

  • Openware Partnership for Peatio

    CAPIX has expanded it’s established relationship with Openware/Helios of France as a Partnership covering the Asia-Pacific region.

    Openware/Helios are the developers of the Rubykube/Peatio cryto exchange trading and block chain platform.

    CAPIX are a Financial Technology company with twenty years experience in the Banking, Broking and Treasury sectors.

    The Peatio platform is used by more than 90% of crypto brokers and exchanges. Over the past 18 months development work by the Openware team has moved the Peatio platform ahead in “leaps and bounds”.

    Peatio was a fragmented, poorly supported and stale open-source Github project. Openware has re-engineered the Rubykube/Peatio platform using Kubernetes clusters and Docker Containers into a scalable and robust solution based on the best modern infrastructure.

    CAPIX will provide consulting services, in conjunction with Openware, for the implementation of Peatio with clients in the Asia-Pacific region.

  • Consumer Data Right

    The Consumer Data Right (AU) (CDR) is a regulatory framework for consumer data privacy that was created by the Australian Federal Government and introduced in the 2018 Treasury Laws Amendment.

    The primary purpose of the Consumer Data Right is to let consumers transfer their own data stored by third parties using a secure, regulated system. As of August 2021, CDR is still in the process of being rolled out by economic sector, beginning with banking. The Australian government plans to roll out CDR in energy and telecommunications industries next. In April 2020, CDR rules were updated to broaden access arrangements consumers have with professionals who access their data

    CAPIX has an internal CDR polcy and complies with all of the appropriate requirements.

  • Open Banking

    This week we released Version 19 of the CAPIX Treasury Software and it is available for clients now.

    Most of the changes are in the “back-end” and are to support electronic banking interfaces as part of the “Open Banking” initiative.

    We think over the next couple of years Open Banking will transform Treasury and Cash Management and move operations to a higher level of efficiency and sophistication. Get ready for a Renaissance in Treasury.

  • Holiday Season Hours

    The CAPIX Office will closed for the festive season from Friday 21st December 2018 and reopen Wednesday 2nd January 2019. Support services will still be available.

  • Block Chain for Payments

    One of our main interests in Block Chain technology is new and emerging payments systems, in particular cross-border payments that would be a cheaper, faster and more convenient alternative to established systems such as SWIFT.

    Ethereum represented the second generation of Block Chain technology but is already looking dated with scalability hurdles that makes transactions slower and more expensive. Despite efforts to upgrade the Ethereum Block Chain we doubt it will be a long term payments platform.

    Other decentralized platforms like Tron, EOS and Stellar Lumes have arisen and pose a formidable challenge to Ethereum at this moment but have their own limitations.

    Tron is orientated towards online games rather than being a serious business ecosystem.

    EOS and Stellar offer fast and reliable payments and have increasing acceptance in the banking community. However, they are much more centralised and thus luck the trust factor inherit in distributed peer-to-peer block chains such as Bitcoin or Ethereum.

    Bitcoin emerged in 2009 while Ethereum, EOS and Tron came along around 2015. Block chain technology is moving at such a fast pace that even 2015 seems like a long time ago.

    At this point we can’t yet see a safe bet for Block Chain cross-border payments, as each option has serious limitations. Our preference would be an improved Ethereum block chain.

  • CAPIX Version 18.1212 Software Update

    Today we released a general update to the CAPIX Software as version 18.1212.

    The CAPIX Azure Software-As-A Service (SaaS) has been updated. For clients with an on-premises installation, please contact us for update details.

    This will be the last software update until late February 2019 when Version 19 will be released.

  • Microsoft Power BI as a Treasury Dashboard

    We’ve come to love Power BI and have been using it as a data Dashboard for our Treasury and Investment clients.

    Microsoft Power BI is a business analytics service provided by Microsoft. It provides interactive visualizations with self-service business intelligence capabilities, where end users can create reports and dashboards by themselves, without having to depend on information technology staff or database administrators.

    Power BI is a self-service business intelligence (BI) space and does a fantastic job of combining power analytics with a user-friendly user interface (UI) and remarkable data visualization capabilities.

  • Ripple for International Payments

    Payment systems have had changed rapidly over the past decade and the wide-spread adoption of Block Chain technology has accelerated this.

    While Bitcoin has proven too slow and expensive for real-time payments, newer Block Chains and Coins such as Ripple (XRP) have emerged as viable alternatives to systems such as SWIFT.

    Possibly the Ripple coin XRP is the future of international payments; possibly it is the Ripple or “OpenCoin” block chain and ecosystem.

    CAPIX has experience with a wide variety of payment systems and protocols, from SWIFT and BITS, to Austraclear and Euroclear, the FIX protocol and more recently FAST and RESTFul.

  • ERC20 Smart Contracts using Solidity

    The Ethereum Block Chain and ecosystem represents the second generation and wider application of the initial Bitcoin network.

    Ethereum allows “Smart Contracts” to be written in the Solidity programming language. Almost all of the thousands of new crypto coins and tokens are implemented as Ethereum Smart Contracts. Most common are the ERC20 and ERC721 tokens.

    CAPIX has the experience and expertise to develop Smart Contracts to allow your business to join the Block Chain.

  • Peatio Consulting

    Almost all Crypto broking or exchange operations are based on the “Peatio” open-source trading platform. Peatio is the name of an ancient mythical Chinese dragon.

    Peatio has grown in size and sophistication just as the Block Chain ecosystem has. It is an exciting and challenging collection of software components based on micro-services.

    Building, implementing and running a Peatio-based crypto business is complex and difficult. Under-estimating the challenge will lead to failure.

    CAPIX has the business, operations and technical expertise to assist building a successful crypto exchange business.

  • Crypto similar to Forex Market

    Our experience started in the 1980s when the Foreign Exchange markets were deregulated. We’ve been involved in all of the market developments and trends over thirty years.

    Spot, Forward, CFD, Options, Exotics – we know Forex.

    Past Forex projects have including Arbitrage Engines, interfaces to Liquidity Providers and High Frequency Trading.

    CAPIX can apply the efficiency and sophistication of the Forex markets to Block Chain and Crypto projects.

  • Microsoft Authenticator

    This year we’ve had requests from clients with requirements for increased security using Multi Factor Authentication (also called Two-Factor Authentication or 2FA).

    After analysing the requirements and options the Microsoft Authenticator app was chosen. Google Authenticator is more popular but we chose the Microsoft option for easier integration with  corporate IT networks. Also, Microsoft Authentication works seamlessly with our cloud-based treasury solution with  runs on the Microsoft Azure cloud platform.

    When Multi Factor Authentication is enabled users will need to register the Microsoft Authentication app on their mobile phones. It’s an extra step for users but shouldn’t be too much of an impediment as many other sensitive systems, such as online banking, are already using Multi-Factor Authentication.

  • Microsoft Office 2019

    Microsoft Office 2019 has been released and we’ve had a chance to take it for a run.

    We can’t see any glistening new features, most of the improvements are subtle and unseen.

    Microsoft has used Artificial Intelligence for both a simpler user interface and  a better user experience and this largely works well

    Office 2019 has smarter search tools which makes finding data easier from a wide range of source documents.

    OneNote 2019 is possibly the unsung champion and for a while we’ve been looking at improving the way CAPIX software can use OneNote for storing data such as Contract Notes and Confirmations.

    Office 2019 is the “on-premises” installed edition that is purchased as a perpetual software license. Office 365 is the online “cloud” edition paid for on a subscription basis.

    While a lot of corporates are moving to the cloud with Office 365, power-users (especially Excel) are staying with the on-premises installed editions of MS Office.

  • New Dashboard

    We’ve been working on a new “Dashboard” screen so users can quickly and easily view their Treasury and Investment situation. Users can create “Cards” which are displayed on the Dashboard. Each Card can display either data or graphs, By clicking on a Card, Users can…

  • Microsoft

    As a Microsoft Partner, we get early previews on new technology, which we find exciting in the CAPIX office. Recently Microsoft have been promoting their “Cognitive Services”, in particular the Speech Recognition capabilities that are being incorporated into Windows 10…

  • CAPIX Software 64 bit Edition

    CAPIX released a 64 bit version of our investment and treasury software some two years ago to an underwhelming response. At the time our various clients had moved to the 64 bit Windows operating system, but were committed to still using the 32 bit version of…

  • How batching will drastically change the way

    Have you ever been in a blogging rut? You know you need to publish a post with quality content but you have writer’s block or are simply unfocused? Do you find yourself jumping from task to task and need to find a way to speed up the writing process a bit? If you answered “yes” to any of these questions, batch blogging might be something you want to consider.

    Chances are that if you are a running a blog, you are also running social media accounts, interacting on other blogs, replying to emails, searching the web for inspiration, editing photos, and brainstorming for future posts. If you find yourself getting distracted with other tasks when you sit down to write a blog post, before you know it, hours will pass and you won’t have any quality content to show for your time! That is where batch blogging comes into play

  • First African Client

    During 2017 we put more effort into internet-based marketing and it has been yielding results. So far in January 2018 we’ve picked up more new sales prospects than all of 2017.

    Earlier this week we had a pleasant surprise, a sales enquiry from the United Republic of Tanzania. An interesting effect of financial globalisation is that requirements for an African Corporate Treasury look similar to a Corporate Treasury in, say, London or Sydney.

    Excited about the prospect of new clients and projects in Africa during 2018.

  • Merry Christmas and Happy..

    Another year is coming to a close. We hope that your 2016 has been a year of dreams fulfilled and opportunities seized. As usual, we will be taking a short break from the writing software and will return with the renewed enthusiasm in mid January 2016. Help Desk…

  • IMF Special Drawing Rights (SDR).

    This week a question arose in the office about IMF Special Drawing Rights (SDR).

    The last time we had to deal with SDRs was for Asia Development Bank back in the days when Wayne Carey was playing for North Melbourne.

    “The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. As of September 2017, 204.2 billion SDRs (equivalent to about $291 billion) had been created and allocated to members. SDRs can be exchanged for freely usable currencies. The value of the SDR is based on a basket of five major currencies—the US dollar, the euro, the Chinese renminbi (RMB), the Japanese yen, and the British pound sterling.”

    Problem is that this was so long ago we can’t remember what we did with SDRs last time. Guess we’ll figure it out.

    Might just suggest the IMF switch to Bitcoins instead!

  • CTM 20 Year Anniversary

    On Monday 15th January 2018 we will release Version 18 of the CAPIX Investment and Treasury software solutions.

    This will be the 20 year anniversary edition of our treasury technology. In 1998 we signed our first six clients, including Bunge Australia, Mars Foods and Australian Dairy Corp.

    Since then CAPIX Treasury Manager™ (CTM)​​​​​ has grown from a single software package with five modules sold in Australia, to a portfolio of six software solutions with more then twenty modules used by clients in eight countries.

    We thank the clients and staff of CAPIX for their continued support.

  • Getting Ready for IFRS 9

    The hot topic this year in corporate treasuries is International Financial Reporting Standard (IFRS) 9, which addresses the accounting for financial instruments. IFRS 9 will require financial assets to be measured at amortised cost or fair value.

    IFRS 9 was promulgated by the International Accounting Standards Board (IASB). It contains three main topics: classification and measurement of financial instruments, impairment of financial assets and hedge accounting.

    The four specific areas that affect us in the treasury sector are:

    • Time value for FX and Interest Rate Options
    • Currency basis on Cross Currency Interest Rate Swaps
    • Hedging of Commodity Risk
    • Derivatives as hedged items

    The first area we’ve been working on is Management and Risk Reports, which largely based on earlier IAS 39 material.

  • Security - Windows Defender

    Often when computer security concerns are raised in the public media we receive calls from clients about the best way to secure their data and devices.

    Our standard advice is to make sure that all Windows devices are upto date with all Microsoft Updates installed and that Microsoft “Windows Defender” is enabled.

    We’d like to explain this in some more detail, based on our experience.

    Firstly, we don’t usually recommend third-party anti-virus software such as “McAffee Anti-Virus” or “Norton AntiVirus”. In the past we’ve found that third-party anti-virus software causes more problems than it solves and that it offers no significant advantages over the in-built Windows Defender app.

    Secondly, we find that the deeper integration between Microsoft Windows and Windows Defender means that it both does a better job at detecting malicious software, and does so in a less intrusive and more seamless manner.

    Make sure Windows Defender is working for you. Just ask Cortana or type “Windows Defender” in the task bar search box. If you see a “PC status: Protected” message, you’re good to go.

    If Windows Defender is turned off, you can turn it on by uninstalling other antivirus solutions and checking again.

    It’s also important to understand that Windows Defender has evolved and expanded its role with newer version of Windows.

    Windows Defender in Windows 7/Vista is an anti-malware (anti-spyware) program intended to supplement your anti-virus program, not replace it.

    Windows 8/10 Defender is Microsoft’s free built-in (integrated) anti-virus and anti-malware solution which provides the same level of protection against malware as Microsoft Security Essentials (MSE) provides on older operation systems plus enhanced protection against rootkits and bootkits.

    For Windows Defender to operate effectively it’s important that Microsoft Updates are regularly installed. This will ensure that potential Windows security holes are plugged and that Windows Defender can identify the latest threats.

  • CAPIX Email Outage

    We have had trouble sending and receiving emails today.

    Last year we migrated to the Microsoft Office 365 cloud service for email.

    Unfortunately today there is a global outage for the Office 365 email service. Might be necessary to resend any emails from today tomorrow.

    Please phone with any software support issues to the Help Desk.

  • Microsoft Cognitive Services

    As a Microsoft Partner we get early previews on new technology, which we find exciting in the CAPIX office.

    Recently Microsoft have been promoting their “Cognitive Services”, in particular the Speech Recognition capabilities that are being incorporated into Windows 10 and the Bing Internet services.

    At first we sat around scratching our heads, trying to figure out how this would assist our treasury software users. It’s neat to try, and is impressive technology that we’ll see more of in the future, but as first it seemed a bit of a gimmick.

    After a few hours we plugged it into the software menu, so that instead of pressing the “Contracts” and “Money Market” menu items with a mouse to view Money Market Contracts, the user could just say “Money Market Contracts”.

    We sent Jack down to Officeworks to get some microphones and gave it test.

    The Microsoft speech recognition is more developed and smarter than we ever suspected. Rather than having a hard-coded hierarchy, the speech recognition could understand context in sentences.

    For instance, we started by saying “Reports”, Money Market Position” and “Print” to output a Money Market Position Report.

    However, we underestimated Microsoft Speech and found that the more natural phrase “Print the Money Market Position Report” worked intuitively as well.

    The impression we get is that the Microsoft Speech Recognition is targeted more at mobile devices such as phones and tablets. The cloud-based version of our treasury software runs on mobile devices, but we’ve found that treasury data is too complex and detailed to work effectively on small screens.

    One possible application might be to bring up treasury notifications on the mobile devices, and then use Speech Recognition to respond.

    For instance, a notification of an Unconfirmed Contract could be pushed thru to the mobile device. The treasury user could view the notification and respond by saying “Confirm Contract …”.

    However, as this stage we think it’ll be a while before Speech Recognition technology becomes popular, simply because people don’t want to be seen talking to their computers in the office.

  • New Office Phone System

    CAPIX is switching over to a new VOIP phone system using Microsoft Skype for Business this week.

    As we do more work overseas we’ve moved to a pure-IP VOIP system to better support our international clients and improve connectivity for travelling staff.

    The new video features should also be great for training sessions!

    Our office phones might be interrupted for upto 48 hours. If so, please email us.

  • Holidays

    Another year is coming to a close. We hope that your 2016 has been a year of dreams fulfilled and opportunities seized.

    Help Desk services will continue to be available over the break.

    From all of us at CAPIX Software, Merry Christmas and Happy Holidays.

  • Windows 10

    CAPIX released a 64 bit version of our investment and treasury software some two years ago to an underwhelming response.

    At the time our various clients had moved to the 64 bit Windows operating system, but were committed to still using the 32 bit version of Microsoft Office. We could understand the rationale for this, as there was little difference running either the 32 bit or 64 bit editions of Microsoft Office, and 32 bit Office editions had often been in place for as much as twenty years.

    In the last month though, the tide seems to have changed. During October three long-standing corporate and government clients contacted us for the 64 bit edition of the CAPIX treasury software.

    We’ve taken the opportunity to refresh the 64 bit CAPIX software release and at the same time migrate the C++ source code used for analytic libraries to Microsoft Visual Studio 2015. This turned out to be bigger than expected jump and we’ve had staff working late at night in the office getting it completed.

    To take advantage of new security features in Visual Studio 2015 we’ve had to change the minimum and baseline operating system for the 64 bit CAPIX treasury software to Microsoft Windows Version 8.1).

    The CAPIX 32 bit software application still continues to be compatible with Microsoft Windows XP or later.

    However, the 64 bit CAPIX treasury software now requires Microsoft Windows 8.1 or later. Realistically, all PCs with Windows 8.1 should be upgraded to the far superior Windows 10 anyway.

  • Software Source Code Escrow

    Every few years a client will ask for a Software Source Code Escrow agreement, which we are happy to support.

    What usually happens though is that after a few years clients tire of paying the Escrow fees and let the agreements lapse. At one point we had more than twenty clients with Software Escrow agreements, although there have been none in the past couple of years.

    Recently a large, long-standing, semi-government client requested a Software Escrow agreement again, this time using Assurex Escrow. Assurex Escrow are probably the best option for this kind of service.

    It’s not really efficient to Assurex Escrow to have an agreement for a single client and we encourage any other clients interested in this service to use them as well.

    http://www.assurex-escrow.com.au/

  • Artificial Intelligence for Treasury

    For some time we’ve been exploring the idea of performing the Cash Management function using Artificial Intelligence.

    The way this would work is that Cashflow forecasts would be run and then Artificial Intelligence software would be used to identify the most efficient way to balance mis-matches in cashflows across difference currencies and bank accounts.

    Prolog is showing promise as the best way to develop the rule-based logic needed for Cash Management decision support.

    At present there are a couple of large projects underway in the office and there are no free software development resources and another project. Hopefully this will change in July 2016.

    In the meantime we’re putting some quiet thought into how Artificial Intelligence can be used in the next generation of treasury software.

  • Microsoft SQL Server 2016

    Recently we’ve been testing the new Microsoft SQL Server 2016 with the CAPIX software and it looks great. We love it.

    The biggest problem is that Microsoft SQL Server 2014 was so good it will be a long time until the new version becomes popular. Unfortunately there is no great imperative to upgrade and we think it will take years for SQL Server to become popular.

  • Microsoft Azure Certification

    We have now completed Microsoft Azure RemoteApp certification for CAPIX Treasury Manager™ (CTM™).

    Ready to roll out our cloud-based treasury app to the market.

  • Office Flood

    The hot water service in the office kitchen failed late Friday night. Unfortunately this wasn’t discovered until Monday morning and the office is mess from the water damage. The underground car park also got flooded. The (fairly new) carpet, tiles and some plaster walls will need replacing.

    Waiting for an assessment from builders, electricians and plumber. Looks like we’ll need to move to a temporary office while building works are completed.

    Please be patient with Help Desk queries.

  • Support Database Upgrade

    The CAPIX Software Support database is used to record, manage and track client issues and queries. Originally written in 1998 it had started to look a bit tired.

    We’ve redeveloped the Support Database using the latest and greatest dotNET technology and “Responsive” design.

    All client details and data have been migrated to the new system. Integration with our new Azure cloud-based Treasury software product means that clients will have a single sign-on for all CAPIX resources. — at CAPIX Treasury Software.

  • Microsoft Office 2016

    Over January we tested the CAPIX Desktop software applications with Microsoft Office 2016 and were very pleased with the results.

    Testing involved evaluating Microsoft “Office Compatibility Guidelines” and then running the CAPIX software and Office 2016 in the same environment. Most of the testing focused on Microsoft Excel and Word, as these are the Office components most commonly used with ourapplications.

    We used the current release CAPIX Treasury Manager™ (CTM™) for testing, as well as some previous versions dating as far back as 2007. The results apply for all CAPIX Desktop software applications, as they are all engineered using the same Microsoft technology.

    One change made was to drop our own PDF-generation tool and instead use the Microsoft Office PDF file-export function. We wrote software to export Reports as PDFs in 1997 when this functionality was not available from Microsoft, but have now moved to the Office PDF file-export as it integrates better and is more consistent with Excel and Word exporting.

    Office 2016 offers little in the way of additional or enhanced functionality over Office 2013, or even Office 2010, for most users. Where Office 2016 has moved ahead is in the area of on-line internet collaboration, which is handy where information needs to be shared with other users.

    We like Office 2016, especially the updated look and feel, but think it will be a long time before users move from older versions of Microsoft Office.

  • Bitcoin

    In response to (surprising) client requests, we have added Bitcoins as a Currency Code (XBT) in the default database, even though Bitcoins are not quite yet recognised as an ISO standard currency,

    The Bitcoin Currency Code has an “X” prefix because, like Gold (XAU), it is not associated with a specific country. Treasury Contracts may be denominated in XBT, XBT may form one side if a Currency Pair and XBT can be used as a Commodity in the Futures Module.

    In February we setup a “BlockChain” network for testing, as we think it is only a matter of time until payment and settlement instructions are performed using this kind of infrastructure.

  • Source Code Signing

    As part of our new Azure-cloud-based product we need to get Microsoft certification for the CAPIX software. This certification is known as “Authenticode”.

    We’ve done similar certification in the past, but it’s interesting how Microsoft security has changed and improved. It means more work for us developing software, although is will save time in the longer run as the software application will be easier to install on high-security networks.

    One change is that instead or receiving an encryption key a a file via email, the encryption key is now sent via courier and can only be stored on a secure USB “Dongle”.

    It’s interesting because we haven’t seen Dongles for more than 15 years. The younger staff in the office scratch their heads, having never heard of “Dongles”. It’s “back to the future”, but we can see the direction Microsoft are taking with security and think it’s great.

  • New Address

    Today we moved CAPIX office 500m down St Kilda Rd.

    Our new address is:

    Suite 3,

    598 St Kilda Rd

    Melbourne VIC 3004