Improvements in QORT products made in July, 2022

We offer to your attention the main improvements in solutions based on the QORT software platform.

Automated back-office backQORT

Taxes:

• The back-office supports PIT calculation filtered by client agreements.
• During PIT calculation, the cash for withdrawal in a foreign currency is converted into Russian rubles using the rate on the date of withdrawal.

Commissions:

• The information on volume of operations/estimated resources used to calculate a commission is now additionally entered into the ‘Report on calculated fees’ table.
• It has become possible to set a minimum and maximum commission for portfolio evaluation, taking the tariff plan period into account.
• The backQORT makes it possible to calculate a commission for the ‘Rate from repo term’ base based on a percentage of the interest rate of REPO/SWAP offering and a minimum commission.

Integrations:

• Upon receipt of the information from QUIK, it is possible to load to the dictionaries the data only on the assets/instruments for which the trades/orders are received.

Reconciliation:

• The StampDuty parameter is now taken into account during reconciliation with SPB03, SPB03М, and BE03 reports

Corrections:

• There is a new type of corrections, ‘Transfer of commodities’, which allows displaying operations to transfer commodities.

Assets:

• There are additional kinds of options: ‘Exotic’, ‘Asian’, ‘Not specified’.
• It has become possible to register interbank loans with a floating rate.

System Usability:

• The system displays in the terminal the progress of request execution (‘Waiting for data requests’ window).
• It has become possible to regulate user rights to generate positions to upload to QUIK and save in a file.
• It is possible to upload to the system the information on new and changed templates of commission and tariff plans by using the Web-services integration module.
• The software allows fixing a book purchase price in the ‘Average price, pledge and collateral (GO)’ dialogue and considering fixed prices when recalculating book prices.

Middle-office of an asset management company capQORT

Integrations:

• Upon receipt of the information from QUIK, it is possible to load to the dictionaries the data only on the assets/instruments for which the trades/orders are received.

Assets:

• There is a possibility to monitor in a post-trade mode whether the asset prices fall within a range of values set by user.

System Usability:

• The system displays in the terminal the progress of request execution (‘Waiting for data requests’ window).
• The ‘Fund parameters’ window of the portfolio organizer acquired an option to display subaccounts for calculation of net asset values, model portfolios, and volume in model portfolios.
• There is a functionality to add/edit/delete records in the ‘Portfolio restrictions’ table with a prior confirmation and in the ‘Instrument groups’ table with a prior confirmation for groups of instruments.