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FspHUB

 Efficiency, finally. FspHUB for financial service providers is an easy to use management system built with you in-mind. Designed to make your practice more profitable, compliance is just a fringe benefit of the innovative design. Improve the synergy of your small team or even connect ...
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Ovations

 LESS RISK: MORE REWARD   Since 1998, Ovations has helped many banks, insurers and other large enterprises to achieve sustainable business improvement through the introduction of holistic solutions that span people, processes and technology. We deliver solutions through a combination of ...
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Rock Consulting (Pty) Ltd

 Rock Consulting (Pty) Ltd, the business and staff efficiency specialists, was formed in 2001 with the express focus of providing support to enterprises in the financial, (primarily Insurance and Banking), sectors of Southern Africa in their quest for improved efficiency in their administration ...
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From The Glossary »

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Sinking Fund:

A means of repaying funds advanced through a bond issue. The issuer makes periodic payments to the trustee, who retires part of the issue by purchasing the bonds in the open market. This means that every period (usually every year) a company will pay back a portion of their bonds. An example would be a company that issues R20 million in bonds with a 20 year maturity and pays back R1million worth of bonds every year at par. This is decided purely ...
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