Improvements in QORT products made in March, 2023

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

Automated back-office backQORT

Reports

• It has become possible to generate the OKUD 0420431 report (Sections 1.2, 1.3, 2, 4, 6) in the xbrl taxonomy 5.2.

Taxes

• To define a progressive scale during PIT calculation, the client’s tax base outside backQORT is now taken into account.

• Changes were made in Section 1 of the ‘6-PIT’ report in accordance with Order of the Federal Tax Service of Russia No. ЕД-7-11/881 of September 29, 2022.

Commissions

• In the ‘Trade of derivatives market’ commission template, the trades can be selected by ‘Trade execution time’ and ‘From…To’ fields.
• In the ‘Trade’ commission template, the trades can be selected by the ‘Deliverable account’ field.
• There is an option to write off a commission in the currency different from the accrual one.

Integrations

• It has become possible to download cross-rates from the ‘National Bank of Kazakhstan’ (NBK) source.

Corrections

• When generating a correction to deposit cash to IIA via the terminal, the back-office checks the amount of cash deposited within a year to IIA.

Security

• The back-office makes records of terminal users’ operations with data of the ‘Business partners’ table.

System Usability

• The subaccount filter allows filtering by several values which can be specified in the ‘Search’ field.
• It has become possible to regulate portfolio filtering by using several server components.

Other

• The system checks the business partner’s risk level and their subaccounts as well as displays reports on discrepancies.
• The system also checks for a maximum number of records displayed when opening the position table and reports on errors if the number exceeds a preset value.

Middle-office of an asset management company capQORT

Module of integration with RU DATA

• The module imports ‘Collateral type’ and ‘Сollateral value’ asset features from RuData and allows using them as filters in a group of instruments.
• During the import of market data from RuData, it is possible to upload the following types of yield.

— ‘Yield by current trading day’s average weighted price’,

— ‘Yield to maturity by last trade in the annual interest rate’,

—‘Yield to maturity by closing price’.

Integrations

• It has become possible to monitor pool order forwarding time in QUIK.

Portfolio Organizer

• There is an option to set a type of yield to display in the portfolio organizer.

Restrictions

• It has become possible to create limits of ‘Take Profit’ /‘Stop Loss’ types.

• The limits on counterparties and structure allow taking account of planned issuers’ corporate events (redemption of coupons and face values, dividend payments).
• The middle-office makes it possible to view decoded limit of a group of personal accounts.
• Limits on orders allow comparing the yield by order price with a risk-free yield which is represented as a yield of OFZ closest in duration.

System Usability

• The subaccount filter allows filtering by several values which can be specified in the ‘Search’ field.
• It has become possible to regulate portfolio filtering by using several server components.

Other

• For elementary subaccounts included in the analytic subaccount, there is an option to take account of assets by different prices.