Information technology at the National Settlement Depository (NSD)

Main article: National Settlement Depository (NPO of NSD JSC)

2015-2017

• November 2015 - Distributed Accounting Systems Labs Established
• April 2016 - first prototype of e-proxy voting on blockchain developed and tested
• NSD's MB Group Joins Hyperledger Working Group
• NSD is an active participant in the fintech direction at the Central Bank of the Russian Federation
• NSD completes the creation of an e-voting product, the interest in which may arise in other industries and related international markets
• December 2017 - NSD holds first Russia commercial bond issue transaction for blockchain

NSD IT Infrastructure, 2017

Regional Development Center

• Reduce costs by 20-50% while maintaining quality
• Flexible Resource Management
• Selected command
• Ready-made infrastructureData from ^[1]

• More than 200 employees working for NSD in the regions
• Experience with 3 companies in terms of regional outsourcing of custom software
• More than 10 software companies in total
• Organization of interaction in which competencies and accumulated experience remain in NSD

Organizational structure of NSD IT-block, 2017

NSD Technology Organization, 2017

Examples of measurements of NSD's IT activities, 2017

Examples of measurements of NSD's IT activities, 2017

NSD Target Model

Outsourcing Infrastructure Requirements

• Online Provisioning
• Access Management
• Managing Sensitive Data
• Flexible expansion of test environments

Comparison of the cost of leasing a test circuit in the cloud and a similar purchase of iron over 3 years, 2017 data

Test circuit rental 4 times a year for 1 month compared to iron purchase (for 3 years), 2017 data

Comparison of the cost of renting in the Amazon cloud and buying hardware in 3 years

Input data

Virtual Machine Characteristic: Windows

• RAM = 32 GB.
• Number of virtual cores = 4 pcs.
• Disk size = 80 GB.

Number of virtual machines = 16 GB. Cost of rent in the cloud

Comparison of the cost of renting in the Amazon cloud and buying hardware in 3 years

Total for 3 years:

• With a permanent lease for 3 years = $4,7093.76
• With On-Demand rental type and 40 h/week activity = $57761.28

The cost of buying hardware for virtual machines with support for 3 years = $24441.7:

Cloud Rental Price Comparison "Amazon"and purchases of hardware in 3 years, 2017

Potential Public Cloud Applications

• For quick deployment of temporary stands and prototypes.
• To deploy dynamically scalable test environments.
• For rapid temporary deployment of test and production environments, in the absence of resources, with subsequent migration to NSD equipment

Transfer of information services to the technological platform nsddata.ru

In the summer of 2017, the National Settlement Depository (NSD) completed a large-scale project to transfer information services to the new technological platform of the Corporate Information Center nsddata.ru.

NSD's product line is based on a service for customized uploading of information about securities, related organizations and corporate actions to the NSD API client system, which replaced the SIR-NSD and SIR-NSD Light products. At the same time, the new platform presents updated services DISC NSD and the NSD Price Center, as well as opportunities for using additional information services of the central depository.

The NSD API service has pre-installed methods for loading getsecurities, getcompanies and getcorporateactions in Russian and English, with many additional filters for each method. The service is provided in JSON format and is updated every 3 hours. For the convenience of SIR-NSD users and other products, a pre-configured getsir upload is provided. In addition to more than 12 thousand issues of securities serviced by NSD, users of the service will be able to access archived data on about 8 thousand issues of securities that were previously serviced by NSD.

2014

2013: Development of EY IT strategy and implementation results

• In 2013, Ernst & Young, together with NSD's business units, developed NSD's IT strategy for 2014-2016.
• 12 priorities and 14 strategic initiatives have been identified. Strategic initiatives are aligned with NSD's business principles: operational reliability, quality of service, product and service development.

Disadvantages of IT unit organization

Some important functions are missing

• IT Architecture Management
• regulation and development of IT processes
• planning and budgeting, management reporting
• Partner Relationship Management
• Internal Customer Relationship Management (BRM)

Some of the functions are not related to IT

• development of regulatory documents
• description of business processes

Insufficient centralization of functions

• analysis and design, development, operation

IT Strategy Implementation Summary 2014-2016

• The IT management model was built as a set of business services with measurable quality parameters (SLA).
• Introduced the roles of IT managers (a single entry point into IT for project managers from business).
• A business-transparent release and priority management system has been implemented. The IT architecture management system was created, the use of outdated systems was abandoned, the transition to a single technological platform was started.
• External resources are widely used to implement business tasks and reduce dependence on key people.

IT projects at NSD

{{# ITProj: National Settlement Depository (NPO JSC NSD) Non-banking credit institution}}