RU Data Service for value assessment and risks of bonds

The platform of RU Data (Reference United Data) represents the uniform unified reference book on all financial instruments, includes information on issuers, the calendar of events, the fair prices, risk level estimates, tools for risk management.

RU Data is the product of Interfax created in partnership with the National Settlement Depositary (NSD). Is the Russian source of the verified information on financial instruments and issuers which integrates all available information on security market of Russia, including the reference data confirmed with the accounting system; information from issuers and registrars, the operational information arriving directly from issuers.

RU Data has services for automation of regulatory requirements to assessment of market and credit risks on portfolios of financial instruments, closing requirements of several divisions at once: back office, reporting, depositary, risks.

2020

The announcement of the solution of Diasoft for loading of information from the RU Data database

The Diasoft company, the Russian developer and the supplier of IT solutions for the financial sector, created the solution for loading of information from the RU Data database - a large source of the verified information on financial instruments and issuers. On September 10, 2020 reported about it in the Interfax group. The release of the solution became reply to the requests of clients who are going to expand business in the Russian and international security markets. Read more here.

Opening of free access for quarantine restrictions

On April 9, 2020 the group "Interfax" reported that it within support of business during quarantine restrictions opened for banks and not the credit financial organizations (NFO) free access to the platform of RU Data - to a large source verified information on financial instruments and issuers.

RU Data integrates all available information on security market of Russia, including the reference data confirmed with the accounting system; information from issuers and registrars, the operational information arriving directly from issuers.

Free access to the platform of RU Data is provided after a design and confirmation of the request on the rudata.info project website through a request for receiving a demo access. The action works till June 30, 2020.

In the conditions of the increased volatility it is important to market participants to estimate constantly credit and market risks for the portfolio of financial instruments and also to quickly monitor changes of the market situation. The platform of RU Data gives all these opportunities and also allows to optimize a portfolio taking into account liquidity, to reduce an operational risk and to release the capital from under regulatory loading, said the RU Data project manager Evgeny Proshchin

RU Data provides automation regulatory both business requirements to assessment and financial risk management of securities portfolios, meets requirements of different divisions of institutional clients - a back office, accounting, depositary, risk management.

Earlier information Interfax Group announced also opening of free access to a system SPARK-Interfax, for the enterprises of small and medium business, for action of a quarantine and also began to provide to users of programs 1C free access for a period of 60 days to the service for check of partners created based on a system SPARK-Interfax.

In difficult conditions Interfax continues to function 24/7, providing a remote customer support and work of all the news and IT services.

Dissemination of information on the credit ratings of issuers and issues assigned by the RAEX agency

On April 7, 2020 it became known that RAEX, the Russian credit rating agency, and the Interfax Group, the representative of the Russian information market in B2B segment, signed the agreement on cooperation.

Interfax, according to the document, acquired the rights to distribution through the platform of RU Data of information on the credit ratings of issuers and issues assigned by the RAEX agency.

Subscribers of RU Data will be able to obtain data on changes of the credit ratings assigned to RAEX, in real time via the web interface and also API and Excel.

In the conditions of quickly changing world, the instant information access about assignment or change of credit ratings is a necessary condition for successful work of participants of financial markets, regulators and business partners. We as rating agency are interested in dissemination of information on our ratings through different information channels, said the deputy CEO of RAEX Sergey Nazarov

According to him, "for April, 2020 day is about more than 600 operating ratings. In addition to actually credit ratings, our agency actively develops the direction of assessment of sustainable development where ESG ratings, the ratings of corporate management, independent verification of green and social bonds and also the green credits enter".

Factors of sustainable development of business define preferences of investors and the direction of financial flows more and more. Providing information on such ratings and the independent conclusions through RU Data will promote more complete and more operational assessment of credit and not credit risks,

Interfax aims to provide to prof participants more exhaustively complete data on credit risks of partners. We are the Russian news agency having distribution agreements of ratings both the big three of the international rating agencies, and leading Russian national agencies. This agreement will give to clients of RU Data additional opportunities for the analysis of credit quality of issuers and their financial instruments, noted the chief executive of Interfax Vladimir Gerasimov

In addition to credit ratings within the RU Data project on the basis of original scoring model also the analysis of credit quality of the Russian issuers of debt securities assuming receiving the main metrics of credit risk is made: PD (PIT, TTC) and LGD.

2018: Start of RU Data Price service

The Interfax group together with "National Settlement Depositary" (NSD) with assistance of Thomson Reuters started the integrated product RU Data Price allowing institutional investors to receive a full range of the market risks given for the analysis and formation of the regulatory reporting, including a fair value estimate of bonds.

In the whole RU Data Price — it is service for value assessment and risks of bonds using data of the Price center NSD and Thomson Reuters, is a component of the platform of RU Data. For 2018 all a system covers more than 40 thousand financial instruments (stocks, bonds, depositary receipts, the derivative financial instruments, share funds, hypothecation certificates) and more than 20 thousand organizations (issuers, guarantors, guarantors and financial intermediaries).

RU Data Price comprises the complete amount of data of the Price center NSD that allows users to design own valuation methods of fair costs of bonds for needs of domestic account policy. Interfax which is the authorized agency of the Bank of Russia provides information on issuers in RU Data, including: sushchfakta, reporting, Russian and international ratings, data on issues and non-market tools. The Thomson Reuters news agency became a source of data on the international financial instruments.

Thanks to RU Data Price service market participants will receive the reference information database added with tools of assessment of market risks which conforms to the international standards risk management — Alexey Buzdalin, the author of a settlement technique, the associate director of "The center of the economic analysis" of the Interfax Group noted.

According to him, one of the RU Data Price components are the ratings of liquidity and activity of biddings by bonds calculated on the basis of the original technique of assessment of depth of the market developed by Interfax. On the basis of these ratings banks had an opportunity in the automated mode according to the requirement of Provision of the Central Bank of the Russian Federation No. 511-P when calculating market risk for each open position to estimate adjustment of its cost taking into account liquidity.

RU Data Price also allows market participants according to requirements of IFRS13 to estimate fair costs of financial instruments on the basis of three methods according to three-level hierarchy of the sources of information available to tools with different activity of biddings. Each of fair value estimates of the tool is followed by values of range of acceptable deviations of the price that allows market participants to estimate the probability of emergence of regulatory risks in case of use of own models of assessment of fair costs of tools — Buzdalin added.

One more RU Data Price element are expanded data of the Price center NSD which obtained accreditation of the Bank of Russia. The center supports an automated system of a fair value estimate of the Russian financial instruments: stocks and bonds, derivative financial instruments.

Formation of unified information environment based on the independent, verified by participants and accredited by the Bank of Russia platform of the Price center NSD is extremely important for us. The product RU Data Price is opportunities for work with a broad spectrum of the data which are the cornerstone of official assessments of NSD. Independent calculation of fair value, liquidity and other keyword parameters optimizes development and validation of professional analysis systems, decision making and control, sets a transparent coordinate system in daily work of the most different divisions of modern financial institutions — Alexander Diakovsky, the managing director for data assets of NSD said.

In addition to the data necessary for risks assessment according to regulatory requirements, RU Data Price contains a full range of the tools necessary for assessment of market risks (indicators of Value at Risk, Expected Short-Fall, Basis Point Value, Stress-Testing and so forth).