Improvements in QORT products made in March, 2022

8 april 2022

QORT backQORT capQORT

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

Automated back-office backQORT

It has become possible to use a value from the Limit calculation library of QUIK as a ratio to calculate the minimum margin.
The date and time of expiration of own discounts can be set in the table of the same name.
There is an expanded functionality to transfer cash liabilities on the FX market by SWAP trades. Now the orders can be generated by schedule and for a group of currencies at once.
During selection of positions to make records of the table of orders to close client positions with a discount model, it is additionally checked for the FX market whether the order’s payment account is the FX market account.

There is a possibility to download the information on dividend payments from NSD and to make records in the table ‘History of redemption/payment on securities’ based on this information.

SFT and SFT ReUse reports were brought in compliance with the xcd scheme of 19 July 2021 that came into force on 31 January 2022.
Obligatory APA reports on OTC trades with bonds are generated in accordance with MiFID II requirements.

Investment Advices:

The ‘Investment advices’ command, which allows keeping track of investment advices, was added on the Dictionaries menu.

Commissions:

It has become possible to create commission stages for trades on the basis of previously canceled stages.

Processing of Instructions:

There is an optimized functionality to link instructions to operations made on the basis of client instructions: a number of tables were renamed; some buttons of the tables were added/renamed.

Reconciliation:

A possibility was added for reconciliation with mon*.csv exchange reports for non-working days, which allows editing the ‘Collateral’ parameter for non-working days in the automatic mode. The file received on the working day preceding the weekends is used as a report for reconciliation.
During the reconciliation ‘QUIK: Extended order correction based on QUIK transaction file (xml)’, it is possible to process a new type of transactions – ‘Order amendment’.

Reports:

The report on per trade commissions has the ‘Currency’ field which displays the commission currency.
In accordance with the taxonomy 4.2 of the Bank of Russia, the report form OKUD 0420418 (xbrl) now has the Section 4 which provides information on investment advices.

Other:

There is an option to generate printed forms of client documents to the template relevant on the generation date (available for some types of documents).
Data on all anonymous trades from QUIK for post-factum calculation of margin indicators can be uploaded to QORT if there is a special setting. Otherwise they will not be uploaded, which will allow reducing the database size and accelerating upload of server components.

Middle-office of an asset management company capQORT

Commissions:

It is possible to edit a commission for calculation of available cash and take account of the commission when forwarding a pool order.

Restrictions:

Securities (except cash) bought and sold by the first REPO leverage can be excluded from calculation of the restriction.
There is a possibility to promptly receive an e-mail notification with the information on a number of days before expiration of the portfolio restriction.

Limits:

It is possible to postpone deletion of data on limits at the start of the QUIK server. A special setting allows deleting data on limits in QORT, which were not received from QUIK, only after receipt of a notification from QUIK on upload of all limits.

Other:

Data on all anonymous trades from QUIK for post-factum calculation of margin indicators can be uploaded to QORT if there is a special setting. Otherwise they will not be uploaded, which will allow reducing the database size and accelerating upload of server components.
It has become possible to filter a list of assets available in dialogues of REPO orders.

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