QORT digest for the third quarter of 2016

13 october 2016

Q3, 2016

Dear users of software products from ARQA Technologies, we are offering you the digest of major innovations introduced in solutions based on QORT software platform in the 3rd quarter of 2016.

Middle-office midQORT and back-office backQORT — solutions for banks and investments companies

In the 3rd quarter of 2016 back-office backQORT was implemented at the first forex broker.

The software supports the main operations necessary for forex broker operation: trades accounting (for currency pairs), variation margin uploading, client and basic regulatory reports generation.

The main software improvements in midQORT and backQORT:


Operation accounting

New functionality

Supported by solutions

A new asset type ‘Mortgage participation certificate’ has been added — it is automatically identified after data is uploaded from QUIK.

midQORT, backQORT

The innovations for the Moscow Exchange FX market dated July 18th, 2016 are supported, and there is a possibility to process FUTS trades at a separate (from CETS) trading venue section.

midQORT, backQORT

Automation/control

New functionality

Supported by solutions

‘NETTING’ and ‘SPLIT’ procedures are automated when trades are settled: trades may be grouped into aggregates or divided into components according to certain rules.

backQORT

Integrations

New functionality

Supported by solutions

IDB is supplemented with tables that allow to import and export commissions accrued for trades to external systems.

midQORT, backQORT

Import of ОМS trades is supported.

midQORT, backQORT

There is a possibility to integrate with the WEB2L broker system.

midQORT, backQORT

FX instruments are generated automatically using data received from QUIK.

midQORT, backQORT

It has become possible to receive the English version of the reference data from QUIK.

midQORT, backQORT

List of processed SWIFT messages has been extended.

midQORT, backQORT

Risk management

New functionality

Supported by solutions

Historical VaR calculation is now available.

midQORT, backQORT

English language support

New functionality

Supported by solutions

The system interface is now available in English.

midQORT

Reports

New functionality

Supported by solutions

Trade reports for clients may be produced in the csv format.

  backQORT

It has become possible to generate 0420415 report form: ‘Report of a professional participant of the securities market’ in the version of the Directive of the Bank of Russia # 4096-U dated August 02nd, 2016.

  backQORT

Various templates of client reports can be adjusted for various groups of clients (or for a separate client).

  backQORT

Some changes were made in the ‘Client registration at the Moscow Exchange’ form, including implementation of a new business partner type – ‘Fund’, and a possibility to generate files to register clients at the Moscow Exchange for clients of the ’Fund’ type and clients – trust founders.

  backQORT

REPO reports to the NSD Repository may be generated outside the General Agreement framework.

  backQORT

System usability

New functionality

Supported by solutions

It is now possible to send e-mail notifications about users with connection failures.

midQORT, backQORT

The list of changes made in client documents can be viewed in a corresponding table.

  backQORT

The system monitoring module may now display trades incoming from QUIK that have not yet been downloaded into the system.

midQORT, backQORT

Middle-office capQORT — solution for asset management companies

The capQORT functionality has been significantly expanded. One of the major innovations is a module designed to provide capQORT with data on issuers, financial instruments and corporate events from the Cbonds agency database.

Improvements have also been made in another solution earlier developed by the company to provide data on issuers and financial instruments from the RU DATA database. Now the module supports uploading data on stocks and some additional parameters for financial instruments.

Both modules are available for free trial use with trial data from Cbonds or RU DATA agencies.

Other modifications in capQORT:


Limit control

New functionality

The functionality has been improved for setting groups of financial instruments specified in restrictions: groups can be filtered by fund categories (UIFs), basic asset type depending on period before redemption or offer.

It has become possible to forward orders to reduce asset share down to 0%.

It is possible to select groups of instruments, the basic assets of which are included into analytical groups of instruments.

It may be possible to keep track of an instrument share in portfolio either by volume or number of such financial instruments.

Cash in a company account may now be controlled inclusive of investment in such assets that the company itself may be the issuer of.

A new type of control has been introduced for restrictions already in use.

Additional functionality to create instrument groups ‘for qualified invertors’ with corresponding restriction control.

A possibility to indicate lists of underwriters within asset groups as well as to control restrictions on such underwriters.

Pool order processing

New functionality

New algorithms are available to distribute the number between accounts of different brokers within one portfolio when forwarding pool orders.

Risk management

New functionality

Historical VaR calculation is available.

Ratings

New functionality

New rating scales were added allowing to import from IDB and RU DATA database.

Group actions

New functionality

There is a possibility to create asset groups filtered by par value currency or basic assets.

Quotation lists can be included in groups of instruments.

It is possible to keep issuers in groups and group instruments by issuer.

Operation accounting

New functionality

The innovations for the Moscow Exchange FX market dated July 18th, 2016 are supported, and there is a possibility to process FUTS trades on a separate (from CETS) trading venue section.

Integrations

New functionality

Import of ОМS trades is supported.

ПоFX instruments are generated automatically using data received from QUIK.

It has become possible to receive the English version of the reference data from QUIK.

System usability

New functionality

It is now possible to send e-mail notifications about users with connection failures.

The system monitoring module may now display trades incoming from QUIK that have not yet been downloaded into the system.



Contacts

With all questions about products, terms of use and testing, please contact the Sales and Marketing Department at ARQA Technologies:
+7-383-2191619, sales@arqatech.com

With questions about product use please contact QORT Support Service:
+7-383-2191699, qortsupport@arqatech.com


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