UniSab: Futures contracts

In the business module "UniSab: Futures contracts" the full stroke of information processing – from interaction with external systems of front offices before total reflection of transactions in accounting, the operational analytical reporting and the reporting of state bodies regulated by instructions of the Central Bank of the Russian Federation and FFMS is implemented.

The interaction block with external systems provides import of transactions and a variation margin with MICEX and RTS. Besides, support of formats of interaction with a system of accounting of trade operations, maintaining positions and risk management the Condor + allows to import similar data from this system with the subsequent reconciliation with exchange data.

Internal registers of the module provide:

• maintaining specifications of futures and series of tools, accounting of deliverable and settlement futures
• maintaining reference books of marketplaces, partners, agreements with clients, transactions, instructions/orders on transactions
• accounting of a variation margin and warranty providing
• calculation of open positions by FIFO method
• maintaining own and client position on money and terminal contracts
• accounting of the commissions of the exchange, broker and bank

For reflection of operations with futures contracts in accounting the flexible instrument of basic transactions is implemented. With its help the structure and properties of the created accounting documents are configured.

For document transfer from a back office in accounting the mechanism of grouping of documents in orders is used. The shaping unit of documents supports automatic formation of accounting documents according to transactions of the present day and on an open position:

• preparation of documents according to the results of transactions on ORTsB
• documents on purchase transactions, sales
• preparation of documents on a variation margin on own and client positions
• preparation of documents of cash flow according to Section "G": setting, revaluation, movement
• deduction of the commission of the trading system and the broker (for client transactions)
• documents on warranty providing on each client

Automatic opening of accounts of internal accounting is supported.

Formation of the obligatory reporting under data of internal accounting is executed according to instructions of the Central Bank of the Russian Federation and standards of FFMS.

Are a part of the reporting:

• registers of FFMS of internal accounting of transactions
• registers of internal accounting of money
• registers of internal accounting of open positions on futures contracts
• reports on a variation margin and warranty obligations
• transactions with the derivative financial instruments (form 1100)