Moscow Exchange updated a management system for indexes

On May 23, 2019 the Bell Integrator company announced completion of software implementation – the integrated management system and calculation of indexes and indicators in PJSC Moscow Exchange. A system significantly reduces time-to-market of start of calculation of new indexes and has a user-friendly interface of management. Its implementation allowed Moscow Exchange to organize measure calculation of iNAV necessary for development of the industry of exchange mutual investment funds. One more advantage is an opportunity to calculate indexes not only on own data of the exchange, but also on the basis of external information.

Implemented by software allows to obtain exchange information (the prices tools/currency rates) in real time and to calculate values of indexes on the set schedule, publishing them in internal and external systems and also on screens of user interfaces. It flexibly manages parameters of indexes, using different methods of calculation.

In the project progress specialists of Bell Integrator executed software integration with the trading, back office systems of the Exchange and data warehouses.

For receiving calculation of external exchange data from foreign platforms infrastructure of Refinitiv (Thomson Reuters) company is used. External index modules are connected through API, integrating the checked practices with the modern user interface. System architecture is constructed on modularity taking into account high requirements to reliability, uninterrupted operation and a possibility of audit of the made calculation of indexes. The user interface is based on web technologies and gives ample opportunities of management of the calculated indexes.

"Thanks to the created management system for calculation of indexes Moscow Exchange in short terms could begin to render additional services, such as calculation of cost of exchange mutual investment funds and calculation of custom indexes which configuration is defined with customer requirements. Besides, it allowed to reduce operational risks owing to centralization of management of the settlement systems". Natalia Suslennikova, director of the department of indexes and exchange information of Moscow Exchange