EGAR Technology

Competences of project teams EGAR Technology allow to solve effectively problems of integration of information systems and software development of individual requirements of the customer on the basis of approaches and technologies from world leading manufacturers in a segment of IT.

Structure of group of companies

EGAR Technology LLC companies Kirov, EGAR Tekhnologiya LLC Moscow, INNO Consulting LLC Moscow, "FS Service" Vladimir, EGAR Service LLC Moscow are a part of EGAR Technology Group.

Services

Information environment and tools for work with data of financial markets of large and superlarge volumes (Big Data)

The EGAR Technology company offers financial institutions new service – deployment of information environment and tools for work with data of financial markets of large and superlarge volumes (Big Data). The service is focused on investment divisions of the banks and financial companies interested in effective decision making on trade operations as with basic, and the derivative financial instruments in the share, currency and monetary and commodity markets.

To delivery the software package developed by EGAR Technology in Big Data technologies on the Cloudera platform and providing management of data bulks and also data on actions and options of the American market for intra day (intraday) trade is offered.

Within rendering new service specialists of EGAR Technology are ready to unroll the corresponding distributed data structure on the party of the customer, to provide in real time its updating, to provide tools for applied data analysis and all set of technical means for management and support of the unrolled environment. Together with it the back office which allows the end user using filters on frequency, data type, history, a strike, an expiration is delivered and without specific knowledge of Big Data technologies to unload the necessary data for the analysis to itself on the computer. Filters in a back office can be easily expanded upon the demand of the customer.

Data on actions and options are widely used by professionals for the organization of algorithmic trading, development of option strategies and models for more exact forecasting of volatility and pricing of options. However in practice need of processing of extremely large volume of information updated in real time becomes serious restriction – both technology, and budget character. The Big Data technologies applied in developments and the researches EGAR Technology and also approaches to implementation of the solution based on freely distributed software of Cloudera overcome these restrictions and give to financial institutions opportunities which were available only to the largest players of financial market earlier.

Proposed solution is easily scaled and is ready for operation in a cloud, has an opportunity, working, including, on the basis of Internet protocols, to cover the server clusters constructed on the equipment of a mass class and distributed worldwide has ample integration opportunities, including integration with sources of historical data in different formats. The solution allows to use many settlement algorithms which are already implemented by EGAR Technology for the solution of analytical tasks of trading and contains means of their customization. Delivery of the platform with the open code allows to verify all necessary requirements of financial institution for security.

History

2011

EGAR Technology announced in August, 2011 opening of division of EGAR Ukraine in Kiev which zone of territorial responsibility will include Ukraine and Moldova. Implementation and localization of banking systems, management systems and assessment of credit risks, ERP- and CRM-solutions, development of high-tech solutions for corporate and retail bank and also service in integration of systems and applications will become principal direction of work of the Kiev division.

Specialists of EGAR Ukraine are ready to offer credit institutions of Ukraine and Moldova services in the organization and business process automation of retail and corporate bank on the basis of technologies and platforms from the leading world suppliers in a segment of IT. The sphere of the offered EGAR Ukraine of competences, in particular, treat: automation of bank processes and technologies on the basis of core-and business applications of Oracle, the integration Oracle Fusion Middleware tools, IBM WebSphere product family, customer relationship management on the Oracle Siebel CRM platform, analytical applications for budget management and forecasting of Oracle Hyperion Planning, a BI system on the basis of SAP and Oracle, scoring solutions of Experian and others.

2012: Partner practicians on Core Banking (core banking system)

The EGAR Technology company selects the examination on automation of the primary banking activity using the core banking system from the leading world vendors in separate division − Department partner the practician. It will be headed by Elena Nikonova. The newly created structure of EGAR Technology will continue dynamic development of competences and a portfolio of partner solutions of the company for credit institutions, being guided first of all by technologies of Oracle, IBM, TATA Consultancy Services (TCS), SAP and other suppliers defining a waterway of the movement of the modern banking market.

Important task of Department partner the practician will become full representation in the Russian market of examination EGAR Technology purchased in the largest projects of bank automation in the territory of Russia, the CIS countries and the neighboring countries and also implementation of the large-scale program of promotion of partner products, first of all in a Core Banking (core banking system) segment.

In the field of automation of Core Banking to the first line of products and services of department move forward CORE BANKING SYSTEM Oracle Flexcube and also consulting concerning localization of banking systems and development of the integration solutions connected with projects on replacement of outdated core banking systems by new platforms of both foreign, and Russian producers.

In the direction risk management will remain the centers of formation of competences EGAR Technology for partner solutions risk management system and control of limits of TCS BaNCS Global Risk Management and products of the block of financial analytics of Oracle Financial Services Analytic Applications (OFSAA).

2014: EGAR Technology closes the division in Kiev

The EGAR Technology company announced in December, 2014 closing of division of EGAR Technology Ukraine in Kiev which zone of territorial responsibility included Ukraine and Moldova. EGAR Technology will continue maintaining the business activity in the territory of Ukraine and Moldova through the offices and divisions functioning in other regions.

2015: EGAR Technology goes to China

Expansion of EGAR Technology services on analytics of the market of derivatives historical data on options of the Shanghai stock exchange became the first step. It became possible thanks to cooperation with the DataYes company widely known in the Chinese market of financial services.

Initially the EGAR Technology service will allow to obtain data on options for exchange-traded investment fund China 50, but in process of emergence at the exchanges of continental China of the new traded options, all of them will be added to a set of the covered tools.

Thus, all clients of EGAR Technology and the financial IVolatility.com portal in which development and maintenance the Group is engaged will be able to analyze the data on options of the Chinese market provided by the portal based on daily updates and also to have all available historical data.

Packets of historical data include data on implied volatility of individual option contracts (Raw IV), the index of implied volatility (IV Index) and surfaces of implied volatility (IV Surface) and also historical volatility on options of the Shanghai stock exchange and will be provided on closing of trading day.

The EGAR Technology service organically supplements a complex of technological solutions of the company on automation of investment transactions, to risk management, delivery of market data and analytics on the derivative financial instruments of the Russian, American, European and Asian markets.

The DataYes company acting as the partner of EGAR Technology Group in providing historical data on options of the Shanghai stock exchange locates head office in Shanghai and division in San Jose. The company provides to investors the global financial platform which is used by more than two hundred corporate clients in China.

2017: Change of the chief executive

On December 7, 2017 Armen Shakhnazaryan who till 2014 worked as the director of the department of automation of investment activities of EGAR Technology is appointed to a post of the chief executive of the Russian group EGAR Technology (EGAR Technology). The CEO Armen Shakhnazaryan released Gennady Ioffe from a duty.

The main objectives of EGAR Technology group Armen Shakhnazaryan called: control automation by risks for support of IFRS 9 and Basel III, a customer support of EGAR Technology in business didzhitalization and also development of services as in Russia, and abroad. Read more here.