Improvements in QORT products made in May, 2022

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

Automated back-office backQORT

Commissions:

• It is possible to write off an exchange commission from a personal account different from the trade’s payment account.

Spot Market Risk Management module:

• When creating orders to roll over positions, it has become possible to replace a donor code for transmission to QUIK.

Limits:

• An option was added to create limits on cash or securities for reconciliation with positions in QUIK and delete/load positions in QUIK where discrepancies were detected.
• When creating limits on securities, it has become possible to exclude positions in assets with the ‘By default’ feature.

Сalculation of Margin Indicators:

• It has become possible to take account of values of the ‘Blocked balance’ column during the calculation of margin indicators by adding to a planned balance cash/securities reserved for operations.

Reports:

• Changes were made in the algorithm to calculate the ‘Client securities’ indicator of Subsection 1.1 of OKUD 0420418 report (xbrl) in accordance with taxonomy 4.1 of the Bank of Russia.

System Usability:

• Quick setting of the client workstation became available for the most frequently used tables by using table templates and saving filter settings for these tables.
• QORDON and QORSAR monitoring systems became available both in Russian and English.

Control:

• The system checks whether the clients – unqualified investors – passed a test when uploading operations to QORT.

Middle-office of an asset management company capQORT

Commissions:

• It is possible to write off an exchange commission from a personal account different from the trade’s payment account.

REPO:

• It has become possible to change one type of REPO instructions for any other.
• An option was added to set limit on a minimum volume of the elementary order for a group REPO instruction.
• When generating a group REPO order for an analytical account, it has become possible to choose a new ‘Maximum available volume’ placement mode for cash and assets which implies random selection of available subaccounts with maximum possible quantity of cash/assets necessary to cover the quantity in the order.

Restrictions:

• Pre- and post-trade restriction control, which allows blocking any trading operations for the subaccount, was introduced for orders.

System Usability:

• Quick setting of the client workstation became available for the most frequently used tables by using table templates and saving filter settings for these tables.
• QORDON and QORSAR monitoring systems became available both in Russian and English.
• When making groups of instruments, there is a filter ‘Form of issuers’ property’.
• An option was added to set a price search algorithm to be applied to evaluation of subaccounts when there is no algorithm type set in their cards.

Processing Speed:

• The dialogue ‘Order generation for group of accounts’ was changed to reduce order generation time.