QORT digest for the third quarter of 2024
Q3, 2024
Dear users of ARQA Technologies software products, we offer to your attention the digest of the main features introduced in solutions based on the QORT software platform in the third quarter of 2024.
Automated back-office backQORT — Solution for Banks and Investment Companies
Module of integration with Cbonds Database
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New Functionality |
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It became possible to download quotes for stocks from Cbonds. |
‘Reporting to NSD Repository’ module
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New Functionality |
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The module supports sending reports on registration, correction and cancelation of trades to the NSD Repository for equity and bond OTC forwards. |
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It became possible to send bulk reports to the NSD Repository on schedule. |
REPO Trades
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New Functionality |
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When editing phases of the second part of a REPO trade, it became possible:
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It became possible to roll over long position on schedule. |
Trades
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New Functionality |
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The middle-office allows making changes to the transaction parameters without canceling commission calculation stage. |
Corrections
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New Functionality |
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The purchase price in corrections is now calculated automatically when adding, editing or deleting a part of securities entering package. |
Instructions
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New Functionality |
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The back-office acquired an option to create and edit previously generated trade orders based on the information from the Bookbuilding module. |
Commissions
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New Functionality |
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The back-office allows calculating the agent's broker commission and generating a report on it in a currency different from the write-off currency. |
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Commission templates have an option to select several external brokers. |
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There is a possibility to calculate the volume-based commission on trades. |
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It became possible to calculate commissions on reverse REPO trades with a rate dependent on the jurisdiction of the business partner. |
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When calculating the commission, the back-office can perform filtering by underlying assets and asset classifiers. |
Reconciliation
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New Functionality |
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There is a new PSSPBRUDO trading class for SPB21, SPB03, and MFB06 reconciliations. |
System Usability
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New Functionality |
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An option was added to view data of the ‘Business partner DEPO accounts’ table for a selected business partner from the ‘Business partners’ table. |
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The back-office allows viewing data of the ‘Authorizing documents’ table for a selected contact from the ‘Contacts’ table. |
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It became possible to view data in the ‘Instruments’ table for a selected asset from the ‘Assets’ table. |
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When uploading restrictions to the derivatives market, it became possible to filter subaccounts and business partners by their status. |
Other
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New Functionality |
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There is an option to disable completing and editing of the ACI table, which are performed after reconciliation with the SEM21 report. |
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There is an option to automatically upload restrictions to QUIK for the instruments the client has successfully tested. |
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The back-office automatically calculates interest when creating an interest payment phase. |
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The back-office allows setting different planned payment and delivery dates for trades downloaded from QUIK. |
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There is a possibility to independently enter and edit document templates, as well as to specify the period of their validity. |
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It became possible not to check subaccounts with selected statuses (with further switch to the ‘Frozen’ status) when sending notifications on documents expiration. |
Middle-office capQORT — Solution for Asset Management Companies
Module of integration with Cbonds Database
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New Functionality |
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It became possible to download quotes for stocks from Cbonds. |
REPO Trades
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New Functionality |
|
When editing phases of the second part of a REPO trade, it became possible:
|
Corrections
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New Functionality |
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The purchase price in corrections is now calculated automatically when adding, editing or deleting a part of securities entering package. |
Portfolio Organizer
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New Functionality |
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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
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New Functionality |
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It became possible to use net asset value without consideration of debt to calculate shares when controlling restrictions. |
Trades
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New Functionality |
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The middle-office allows making changes to the transaction parameters without canceling commission calculation stage. |
Security
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New Functionality |
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It became possible to grant rights to users to create, edit or delete previously selected restrictions and groups of instruments. |
System Usability
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New Functionality |
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It is now possible to view data in the ‘Instruments’ table for a selected asset from the ‘Assets’ table. |
Other
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New Functionality |
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There is an option to disable completing and editing of the ACI table, which are performed after reconciliation with the SEM21 report. |
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It became possible to display the value of cash in rubles in the ‘Fund’s summary data’ table. |
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It is possible to set default storage location when automatically creating personal cash accounts based on QUIK positions. |
Contacts
For any questions regarding the products, their terms of use and testing, please contact the Sales and Marketing Department of ARQA Technologies:
+7-383-2191619, sales@arqatech.com.
For all questions on operation of the QORT software, please contact QORT Technical Support Team: +7-383-2191699, qortsupport@arqatech.com.
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