ARQA Technologies 2011 midQORT Principal Features. - презентация

1 ARQA Technologies 2011 midQORT Principal Features

2 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Principal Applications Estimation and control of positions Risk management relative to counterparties, clients and own position Entry and settlement of OTC transactions Financial performance estimates Analytics (turnover, commissions, etc.) Unification of data flows at the back office Unified data storage for all operations

3 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Types of transactions SPOT, REPO and negotiated transactions in securities, both exchange and OTC Exchange and OTC buy/sell transactions in currency OTC transactions of placement/raising of cash assets Derivatives transactions (futures, options) Exchange transactions at international venues

4 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Trading floors and financial instruments Trading floor: a place where trading is held Trading floor section: a trading mode adopted on a particular trading floor Asset as a traded item: Securities Rights and liabilities Ratios Commodities Instrument: representation of the asset in a particular trading floor section

5 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Structure of accounts Subaccount: an elementary unit of asset accounting as per owners (clients account section, traders position) Analytic account: an arbitrary combination of subaccounts into a group Physical account: an elementary unit of asset accounting as per location (trading or client sections of the National Settlement Depositary, current accounts with the bank) Virtual account: a combination of physical accounts into a group

6 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Set of online adjustable ratios as per: Subaccounts (relative to owners) Physical accounts (relative to location) Assets (relative to what it is) Position in QORT Subaccount Asset Physical account POSITION

7 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Position sections Type of section SectionField on the positions table Actual Current balanceBalance Opening balanceEntry Free Planned Today's changeIndebtedness Change totalForward Due to counterpartyForward- Due from counterpartyForward+ Received from REPOREPO- Disbursed to REPOREPO+ Blocked Analytical Average pricePrice balance Average ACIACI balance Government bonds Var. margin Weighted average cost Closing price cost Cost at the last traded price

8 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Operations affecting the position Types of operation: Trades: modification of expected ratios Steps: modification of balances and target figures in REPO Adjustments: modification of actual ratios Redemption

9 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Position maintenance Tracing the execution of trading orders upon registration of trades Registering exchange trade steps automatically Registering revaluations, OTC trades and steps entered manually Handling an operational day change

10 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Reviews and Reports Open commitments relative to: Assets Venues Counterparties Portfolio Allocation: Internal structure analysis Correlation Accounting Reports Financial Performance

11 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Financial Performance Valuation methods: FIFO LIFO Weighed average Recognition in books: Payment Delivery Contract Settlement of accounts

12 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Documents Flow Types of Contract Trade assignments Orders to trader Tickets Actions Role system administration Generation/viewing/signing the documents Automatic numbering of contracts Trader Risk manager Responsible for liquidity ticketcontract

13 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Entering a Transaction Trader Templates Calendars accounting Client-to-client trade Adjustable form of a ticket

14 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Integration Import of data from external systems through the Temporary Data Base: Trades Quotations Directories Integration with QUIK: Downloading of directories for the QUIK Non-Trade Order Module Margin call broadcasting Registration of OTC trades at MICEX

15 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Risk control Middle-office Objectives of risk management Monitoring of client risks and their online recognition in reporting documents Estimation and monitoring of margins Short position rollover Preparation of reports for the exchange Monitoring of brokers position

16 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Open position limit: Selecting an issuer Selecting a counterparty Selecting an arbitrary group of assets Monitoring of own positions

17 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Service functions and Modules Reconciliation with exchanges and clearing institutes Backdated entry of data System monitoring module Role system of information access authorization and priorities Timetable service

18 Quick Optimization of Resources and Transactions midQORT Principal Features © ARQA Technologies, 2011 Contacts QORT Technical Support Service: +7 (383) 219–1699, Sales and Marketing Department: +7 (383) 219–1619, arqa.ru qort.ru quik.ru