‘New in QORT’ digest for the fourth quarter of 2020 released
The middle-office midQORT and back-office backQORT support settlements for bonds, non-exchange FX forwards on international financial markets, and automated accounting of discrepancies during calculation via Euroclear.
All reports of non-credit financial organizations in the XBRL format now can be generated in backQORT without data conversion in external software. The system was also supplemented with a new ‘Portfolio NAV change report’ and an option for trade aggregation by more complex criteria. Besides that, new features were provided to aggregate trades and non-trade operations thereby significantly reducing costs of clearing organizations’ commissions.
The middle-office of an asset management company capQORT supports import of limits via the intermediate database and new features to forward orders via the ‘Depth of market’ table. When clicking on a quote, an order is generated with the trade’s prefilled execution price and direction.