Improvements in QORT products made in September, 2024
We offer to your attention the main improvements in solutions based on the QORT software platform.
Automated back-office backQORT
Instructions
- The back-office acquired an option to create and edit previously generated trade orders based on the information from the Bookbuilding module.
REPO Trades
- It has become possible to roll over long position on schedule.
Commissions
- It has become possible to calculate commissions on reverse REPO trades with a rate dependent on the jurisdiction of the business partner.
- When calculating the commission, the back-office can perform filtering by underlying assets and asset classifiers.
Other
- The back-office automatically calculates interest when creating an interest payment phase.
- The back-office allows setting different planned payment and delivery dates for trades downloaded from QUIK.
- There is a possibility to independently enter and edit document templates, as well as to specify the period of their validity.
- It has become possible not to check subaccounts with selected statuses (with further switch to the ‘Frozen’ status) when sending notifications on documents expiration.
Middle-office of an asset management company capQORT
Portfolio Organizer
- There are new modes to determine the number of orders: ‘Increase the share of cash down to %’ and ‘Decrease the share of cash up to %’.
Restrictions
- It has become possible to use net asset value without consideration of debt to calculate shares when controlling restrictions.
Security
- The middle-office allows granting rights to users to create, edit or delete previously selected restrictions and groups of instruments.
Other
- It is possible to set default storage location when automatically creating personal cash accounts based on QUIK positions.