Customers: UFS (investment company) Consulting, including managerial and personnel Contractors: EGAR Technology Product: EGAR FocusProject date: 2011/07
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In UFS company operation by EGAR Technology of an automated system EGAR Focus intended for support in real time of dealer and broker investment transactions of the company in the stock markets and bonds implemented earlier by specialists is begun.
In UFS company operation by EGAR Technology of an automated system EGAR Focus intended for support in real time of dealer and broker investment transactions of the company in the stock markets and bonds implemented earlier by specialists is begun.
A system gives an opportunity to make revaluation of positions and to calculate financial results in real time and for any historical period, offering users more than one hundred analytical indicators, including unique.
The solution EGAR Focus deployed in UFS company supports work with external systems: the Bloomberg information trading system and also with the systems of Internet trading. The project was completely implemented within six months.
The deputy CEO of UFS company Igor Laukhin notes that when choosing a system on automation of transactions in the market of corporate securities and fixed yield securities the company was guided by functionality of the solution, a possibility of its scaling and an implementation time. According to him, implementation of EGAR Focus allowed to optimize work of the front office and to considerably reduce time of routine work of traders during the entering and transfer of tickets into a back office. Besides, system implementation allowed to create the reliable database on transactions of purchase and sale and repo transactions and to create uniform base of partners.
The CEO and the Chairman of the board of directors of EGAR Technology Gennady Ioffe supplements: "The UFS company provides a broad spectrum of investment financial services and enjoys credible at the clients. We hope that the deployed solution on the basis of the new version of the EGAR Focus platform will help the company to expand the business and will provide high-quality customer service".
EGAR Focus is the integrated system by means of which value assessment of financial instruments, monitoring of positions, calculation of profit and losses, control of limits and risk management is in real time performed. A system supports practically all existing financial instruments for work in security market, the currency and monetary and commodity markets, including derivatives. The new version of the EGAR Focus system operated in the Russian market since 2009 represents a high-performance, flexible and scalable solution with the ergonomic, easily configured under individual needs of users interface which provides convenience and efficiency of carrying out trade operations.