New Functionality

Solution

For novation and redemption of promissory notes, package client orders can be taken into account. Data for such orders can be uploaded via the intermediate database (IDB).

backQORT

In the register of instructions and the registration directory of client instructions, it is possible to separately select all trade instructions, non-trade instructions, and exchange orders as well as to filter the instructions by statuses of clients and subaccounts.

backQORT

In accordance with the Bank of Russia Instruction No. 181-I, control can be performed for instructions to deposit and withdraw funds when they are submitted by non-residents of the RF.

backQORT

It has become possible to account non-trade instructions of the ‘Cash conversion’ type.

backQORT

New Functionality

Solution

New report types were added: ‘ESMA SFT transactions report’ and ‘ESMA SFT reuse of collateral report’. The reports contain data on all trades with the ‘REPO trade’ or ‘Margin Loan’ type for a specified date in accordance with the ESMA requirements.

backQORT

Operations can be accounted in a base currency different from the Russian ruble. At this time, it is possible to import data on currency cross rates to the system from a specified source (for example, automatically from the European Central Bank’s website) or from other sources which will be used for accounting in all evaluative parameters of the system.

backQORT

The system allows selecting trades for accrual of UK Stamp Duty and PTM Levy taxes if the broker’s client (both for the first and the second part of the trade) or the counterparty in the trade is a UK market participant.

backQORT

When the broker’s client is serviced both with and without account management (execution only), it is possible to mark ‘execution only’ trades with a special feature for correct reporting in foreign jurisdictions.

backQORT

Subaccounts can be classified into subtypes in accordance with the international terminology.

backQORT

New Functionality

Solution

The monitoring of operations which in accordance with the Bank of Russia Regulation #445-P have characteristics of unusual ones can be performed by schedule. This functionality is available when the Module of monitoring non-standard operations is used.

backQORT

Statuses of subaccounts (analytical accounts) can be automatically changed to ‘Active’, if a status of a business partner owning the subaccount (analytical account) was changed to ‘Active’ or when a non-trade instruction to deposit cash is received from the Non-Trade Instructions module. This allows providing a new client with trading access right after the cash is deposited to the broker’s account.

backQORT

When controlling business partners by the requirements of Federal Financial Monitoring Service, it is possible to flexibly select business partners to control them in accordance with their roles (broker, depository, client, etc.).

backQORT

A functionality was added to automatically send orders (to register, change data or to delete clients) to the Moscow Exchange and process the Exchange’s response. And the .xml file containing the information about clients can be generated in the external system.

backQORT

New Functionality

Solution

It has become possible to generate settlement instructions for trades and aggregates which are sent to Euroclear via the EasyWay web-based interface.

backQORT

The system can process incoming settlement confirmation files for trades in the Euroсlear format (R20, R23 files).

backQORT

The information about payments/redemptions of securities can be uploaded from the R59A file delivered from Euroclear via EasyWay.

backQORT

New Functionality

Solution

The users who did not connect to the system for a specified number of days now can be automatically blocked by the system.

backQORT, midQORT

The information can be sent only to clients with confirmed email addresses. To store the information about confirmed email addresses, a new field was added in the business partner’s card.

backQORT

New Functionality

Solution

For the integration with NSD web-services, it has become possible to import data on such corporate events as ‘Partial face-value redemption’, ‘Redemption of bonds’, ‘Early mandatory redemption of bonds’, and on additional parameters of assets and the coupon schedule. This functionality is available if the Module of integration with API NSD is used.

backQORT, midQORT

In the subaccount directory, it is possible to specify only the subaccounts which do not require import of data from QUIK. Reconciliation with exchange reports will not be performed for these subaccounts.

backQORT, midQORT

It is possible to upload Exchange traded funds (ETF) and Exchange traded commodities (ETC) from Reference United Data, the database of financial instruments and issuers. The functionality is available if the Module of integration with RU DATA is used.

backQORT

The use of web-services allows uploading limits to QUIK for a new client, calculating PIT for cash withdrawal as well as performing general PIT calculation for a fixed period with further export of data to external systems. The functionality is available if the Web-services integration module is used.

backQORT

New Functionality

Solution

The ‘Сommission’ field now contains not only the exchange commission for a specified trade but also the broker’s commission.

backQORT

The ‘Other fees’ commission can be accrued for several trades simultaneously.

backQORT

For current clients, it is possible to change conditions for commission accrual in the current tariff plans. The dates of condition changes can be set both for future and past periods.

backQORT

New Functionality

Solution

When calculating a book price of the asset, the accounting of REPO trades with this asset is now optional.

backQORT, midQORT

Trades to buy/sell securities with payment in cryptocurrencies can be submitted to the QORT terminal. The number of digits displayed after the decimal point in the ‘Volume in payment currency’ and ‘Volume without ACI in payment currency’ fields can be set in the asset card.

backQORT, midQORT

New Functionality

Solution

There is a functionality to generate an arbitrary external report by using a context menu in the system terminal table. Several lines of the table can be selected when calling the procedure. This functionality is available if the External reports request module is used.

backQORT

The search of both parts of the REPO trade in the trade table can be performed by using ID of any part of the trade. It can be useful when generating reports for regulators.

backQORT, midQORT

To facilitate the work of users when generating an instruction to change a trade, it is possible to choose from a dropdown list only those trades which were executed not earlier than a specified number of days before the date of the instruction.

backQORT

When sending a trade confirmation message to email, in the subject line and in the message itself, it is possible to indicate the information about the trade’s number, its execution date, the instrument’s ISIN in the trade, and a short name of the counterparty (client) the trade was executed with.

backQORT

The trades’ price on the derivative market can be shown either as an absolute value or in points. In the latter case, the trade’s currency is not displayed.

backQORT

New Functionality

Solution

To control assets included in sanctions lists, besides the asset’s registration date, a parameter is now taken into account which shows a placement date of the issued asset.

backQORT

It has become possible to deactivate automatic identification of account details when forwarding an order to withdraw cash. The manual choice of details will help reduce errors during the generation of such orders.

backQORT

New Functionality

There is a possibility to forward pool orders for FX instruments.

Now it is possible to forward pool orders for exchange placement auctions and OTC orders with an execution price unknown in advance. When doing it, pre-trade control is made for these orders.

For each cash account, it is possible to separately control the available balance’s adequacy for operation execution.

New Functionality

In the portfolio organizer, the information for assessment of the price and volumes of the fund’s assets can be uploaded from an external system (for example, the back-office of an asset management company) via the IDB without any preparation.

In the portfolio organizer, it has become possible for each limit to check selection conditions for assets being monitored for this limit’s violation based on ratings of assets, issuers, and underwriters.

New Functionality

When calculating available cash for selected portfolios, it is possible not to take into account the cash attracted in direct one day REPO trades on the Moscow Exchange.

There is a functionality which makes it possible for each portfolio to set separate durations of instruments which will be used for the limit control. This information is displayed in the portfolio organizer and allows using in the system own data on the assets’ durations.

Operations with chosen assets can be banned for specified trading modes.

During the risk control of issuers, not only their assets and financial liabilities are taken into account but also derivative financial instruments of these issuers’ underlying assets. Previously, derivative financial instruments could be monitored only for violation of particular limits.

It has become possible to separately control value of securities and cash received in the first parts of REPO trades.

New Functionality

In the subaccount directory, it is possible to specify only the subaccounts which do not require import of data from QUIK. Reconciliation with exchange reports will not be performed for these subaccounts.

To set limits on durations, the system acquired an option for import of some instrument durations from Bloomberg Data License. The functionality is available if the Bloomberg DataLicense QORT Program Interface is used. The dollar value of a basis point (or DVBP) can be uploaded to the system via the IDB.

The data on durations of the current trading session can be uploaded from Reference United Data, the database of financial instruments and issuer, online. If there are no data on the current trading session, the portfolio organizer displays data on the previous trading session. The functionality is available if the Module of integration with RU DATA is used.

It is possible to obtain information about ETF and ETC from Reference United Data, the database of financial instruments and issuers. The functionality is available if the Module of integration with RU DATA is used.

There is a new possibility to load information about bond ranks (subordinated/no info is available) from Cbonds databases. The functionality is available if the Module of integration with Cbonds Database is used.

New Functionality

When displaying scales of national and sovereign ratings, a name of the country is shown instead of its digital ISO code.

New Functionality

When calculating a book price of the asset, REPO trades with this asset are not obligatory taken into account.

New Functionality

The users who were not active for a specified number of days now can be automatically blocked by the system.