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EGAR Focus

Product
Developers: EGAR Technology
Last Release Date: 2024/10/03
Branches: Financial Services, Investments and Auditing
Technology: ABS - Automated Banking Systems,  Corporate Portals,  EDMS,  Remote Banking Service Systems

Content

2024: Added Gold Bond Accounting

EGAR Technology has updated the platform capabilities for the investment business and financial risk management functionality for working with gold bonds and has increased the level of information security of the system. The company announced this on October 3, 2024.

In accordance with current market demands, the functionality of the solution for end-to-end automation of front, middle and back-office divisions of banks, investment companies and the banking Treasury added accounting for gold bonds - instruments where the nominal price and size of the coupon is considered as a conditional monetary unit and amounts to one gram of gold. Support for the functionality of gold bonds allows market participants to effectively diversify the portfolio and generate income from gold without physically buying it.

EGAR Technology in its solutions for automation of trade operations and financial risk management when working in the stock and currency markets tries not only to follow current market trends, but at the expense of its own, as well as wide client expertise, take proactive steps in the development of its product line, increasing the comfort of users working with the company's products, in particular, to support operations with classic papers with a permanent coupon, with floating coupon or indexable denomination, structural and debt securities in national and foreign currencies, as well as mechanisms for determining the activity of the securities market and for assessing the fair value of the security. An adapter is being prepared for release with integration the St. Petersburg Exchange in terms of loading conversion transactions and deposits, new mechanisms for carrying out various types of reconciliations and reconsideration are in operation.

Great attention is paid to the constant growth of the level of information security. Since the beginning of the year, a pool of security tasks has been completed: with the involvement of leading companies in the market, an audit of the infrastructure and source code of EGAR Technology has been carried out. The result of this cooperation was the introduction of a fully protected loop for the entire cycle of development, testing and transfer of supplies for EGAR Technology products, as well as confirmation by the specialized organization of the security of the company's source code solutions.

EGAR Focus is an integrated solution that evaluates the value of financial instruments, monitors positions, calculates profit and loss and other analytical indicators. The EGAR Focus product line is offered on the Russian market for import substitution of foreign software products, supports almost all existing financial instruments, including derivatives, entry and processing of own and client trading operations both on the exchange and interbank financial markets and allows solving risk management and limit control problems for financial organizations of various profiles. All EGAR Technology products are registered in the Unified Register of Russian Programs of the Ministry of Telecom and Mass Communications of the Russian Federation.

2017: EGAR Focus - Enhanced integration with Bloomberg

On May 16, 2017, EGAR Technology announced the expansion of the integration capabilities of the EGAR Focus trading and financial risk management system in terms of loading Bloomberg data.

In accordance with the agreements, Bloomberg will provide EGAR Technology with a dedicated service to develop and support products and interfaces with Bloomberg products. The quality of the solutions developed by EGAR Technology will be confirmed by Bloomberg with the registration of'powered by Bloomberg Data'.

The advantage of improvements for EGAR Technology and Bloomberg joint customers is the rapid launch of systems through seamless integration with Bloomberg products, and expanded access through Bloomberg subscriptions to data for pre-trade control and operations in the stock, currency and commodity markets, both with basic and derivative financial instruments.

2015

EGAR Focus modernizes SWIFT message processing mechanism

On June 10, 2015, EGAR Technology announced the modification of the module for working with received SWIFT messages as part of the EGAR Focus system.

The module has improved the mechanisms for processing received files, optimized the user interface for working with messages.

The updated interface helps you view messages, associate them with existing planned obligations, generate planned obligations for communication based on a SWIFT message, view the log of downloaded messages with the ability to auto-update, flexibly configure and save the filters of the fields being viewed.

EGAR FOCUS

As of June 10, 2015, EGAR FOCUS is an integrated system that evaluates the value of financial instruments, monitors positions, calculates profit and loss, controls limits and manages risk. The system supports almost all existing financial instruments, including derivatives, entry and processing of trading transactions both on the exchange and interbank financial markets. EGAR FOCUS has a modular structure and allows the customer to form an optimal functional package depending on their current tasks.

Below in the figure is a map of the main functionality of the basic EGAR FOCUS platform.

File:Focus scheme.gif

The list of products, functional and process modules implemented on the EGAR Focus platform, in particular, includes:

  • EGAR IVPro - A "near-boxed" fast-deployment product to support the operations of small trading desks and brokerage divisions of financial institutions.
  • EGAR Orders Manager - Enter and route requests, support strategies, merge and split requests, Web workplaces for the client and broker.
  • Front Office Modules - Keeping a log of transactions with any financial instruments (including derivatives), maintaining and revaluing the position in real time, hedging risks.
  • Back Office Modules - Automation of the process of planning and fulfillment of obligations and accompanying document management.
  • EGAR Precious Metals - Precious Metals Operations Support Module: Allocated and Non-Allocated. Physical storage of metals and operations with subsoil users and refineries.
  • EGAR Collaterals - Maintaining the master agreement base, accounting and revaluation of collateral, checking the sufficiency of collateral.
  • Deep integration with EGAR Risk Systems - Real-time accounting of all risk factors, support for risk management as a technological step in processing operations.
  • Deep integration with EGAR Transaction Management - Gateways to trading systems and external sources of market data and operations that provide real-time registration.