THE TRADING SYSTEM’S FUNCTIONS AND RISK MANAGEMENT OF EGAR FOCUS IN THE INVESTMENT AND FINANCE HOUSE “KAPITAL” WERE EXPANDEDadmin
EGAR Technology announces the completion of the project trading operations automation on the financial market on the EGAR Focus platform of another IFH “Kapital” business unit, which specializes in broker servicing and the development of system’s analytic functionality.
Within the framework of the project an additional functionality for the REPO operations accounting and remains, a new system of delimitation of right of access and special applications for transactions data flexible analysis were implemented into IFH “Kapital” in addition to the increase of the number of workspaces for EGAR Focus system users.
Furthermore, instruments for own operations analysis were added to the functional capabilities of EGAR Focus system, a new section of accounting of own as well as customers’ means by strategy types, was implemented.
EGAR Focus system is used by IFH “Kapital” since 2005 and provides a complex automation of the investment company’s back-office of operations on the share, bond and bill market and the support of marginal trading.
The director of IFH “Kapital” IT-department Sergey Sichkar marks: “The development of functionality of EGAR Focus system for work with broker servicing customers creates a safe basis for the further development of this business line. A commissioned development of a number of adornments to our information environment, work on which demanded an adequate knowledge of financial technologies, was accomplished by EGAR Technology specialists.”
EGAR Technology CEO Gennadiy Ioffe adds: “Long-standing cooperation of EGAR Technology as a technological partner of IFH “Kapital” Group companies, one of the leaders of Russian financial market is an important part of our business in Russia. We make with satisfaction our contribution towards the development of this hi-tech company.”
EGAR Focus is an integrated solution, with the help of which financial instruments appraisal, position monitoring, profit and loss calculation, limits control and risk management are realized. The system supports practically all the existing financial instruments, including derivatives, trade operation’s input and procession on the exchange market as well as on the inter-bank financial markets.
About the IFH “Kapital” Group
The group was founded in 2003 and is one of the largest diversified holdings in Russia. IFH “Kapital” investments are represented in oil and gas sector, bank services, pensions, construction, energetic, mass-media, and high tech.