RUDATA Interfax Financial Markets Competence Center

2020

Announcement of Diasoft solution for downloading information from RU Data database

Diasoft, a Russian developer and provider of IT solutions for the financial sector, has created a solution for downloading information from the RU Data database, a large source of verified information on financial instruments and issuers. This was reported on September 10, 2020 in the Interfax group. The release of the solution was a response to requests from customers who plan to expand their business in the Russian and international securities markets. Read more here.

Opening of free access for the period of quarantine restrictions

On April 9, 2020, Interfax the "" group announced that, as part of business support during banks credit financial information the period of quarantine restrictions, it opened free access to the RU Data platform, a large source of verified financial instruments and issuers, for non-organizations (NFOs).

RU Data combines all available information on the securities market, Russia including reference data confirmed; accounting system information from issuers and registrars, operational information received directly from issuers.

Free access to the RU Data platform is provided after registration and confirmation of the application on the project website rudata.info through a request for demo access. The promotion is valid until June 30, 2020.

In the context of increased volatility, it is important for market participants to constantly assess credit and market risks for their portfolio of financial instruments, as well as promptly monitor changes in market conditions. The RU Data platform provides all these opportunities, and also allows you to optimize the portfolio taking into account liquidity, reduce operational risk and free up capital from the regulatory burden, said RU Data project manager Evgeny Proshchin

RU Data ensures the automation of regulatory and business requirements for the assessment and management of financial risks of securities portfolios, meets the needs of various divisions of institutional clients - back office, accounting, depository, risk management.

Earlier, the Interfax Information Group also announced the opening of free access to the SPARK-Interfax system, for small and medium-sized businesses, for the period of quarantine, and also began to provide users of 1C programs with free access for a period of 60 days to the service for checking counterparties created on the basis of the SPARK-Interfax system.

In difficult conditions, Interfax continues to operate 24/7, providing remote customer support and the operation of all its news and IT services.

Dissemination of information on the credit ratings of issuers and issues assigned by Expert RA

On April 7, 2020, it became known that RA Expert"," the Russian credit a rating agency, and the Group, "Interfax a representative of the Russian information market in the B2B segment, signed a cooperation agreement.

Interfax, according to the document, received the rights to distribute through the RU Data platform information on the credit ratings of issuers and issues assigned by the Expert RA agency.

RU Data subscribers will be able to receive data on changes in credit ratings assigned to Expert RA in real time through the web interface, as well as API and Excel.

In a rapidly changing world, instant access to credit rating assignments or changes is essential to the success of financial market participants, regulators, and business partners. We as a rating agency are interested in disseminating information about our ratings through various information channels, said Deputy General Director of Expert RA Sergei Nazarov

According to him, "as of April 2020, the day is about more than 600 existing ratings. In addition to the actual credit ratings, our agency is actively developing the direction of assessing sustainable development, which includes ESG ratings, corporate governance ratings, independent verification of green and social bonds, as well as green loans. "

{{quote 'author=stressed Nazarov' The factors of sustainable business development increasingly determine the preferences of investors and the directions of financial flows. The provision of information on such ratings and independent conclusions through RU Data will contribute to a more complete and faster assessment of credit and non-credit risks, }}

Interfax seeks to provide professional participants with exhaustively complete data on counterparty credit risks. We are a Russian news agency that has agreements on the distribution of ratings by both the big three international rating agencies and leading Russian national agencies. This agreement will give RU Data customers additional opportunities to analyze the credit quality of issuers and their financial instruments, noted the executive director of Interfax Vladimir Gerasimov

In addition to credit ratings within the framework of the RU Data project, an analysis of the credit quality of Russian debt securities issuers is also carried out on the basis of the original scoring model, which assumes the receipt of the main credit risk metrics: PD (PIT, TTC) and LGD.

RU Data - source of verified information on financial instruments and issuers

As of April 2020, RU Data is a product Interfax"" created in partnership with. National Settlement Depository (NSD) Is Russian a source of verified information on financial instruments and issuers, which combines all available information on the securities market, Russia including reference, data confirmed; accounting system information from issuers and registrars, operational information received directly from issuers.

RU Data has services to automate regulatory requirements for assessing market and credit risks for portfolios of financial instruments, covering the needs of several divisions at once: back office, reporting, depository, risks.

2018

About RU Data Platform

As of June 2018, the RU Data (Reference United Data) platform was a single unified guide to all financial instruments, including information on issuers, an event calendar, fair prices, risk assessments, and risk management tools.

Launch of RU Data Price bond value and risk assessment service

On June 7, 2018, Interfax Group, together with the National Settlement Depository (NSD), with the support of Thomson Reuters, launched the integrated RU Data Price product, which allows institutional investors to obtain a full set of data for analyzing market risks and forming regulatory reporting, including assessing the fair value of bonds.

In general, RU Data Price, a service for assessing the value and risk of bonds using data from the NSD Price Center and Thomson Reuters, is an integral part of the RU Data platform. In 2018, the system covers more than 40 thousand financial instruments (shares, bonds, depositary receipts, derivative financial instruments, mutual funds, mortgage certificates) and more than 20 thousand organizations (issuers, guarantors, guarantors and financial intermediaries).

RU Data Price contains the full volume of NSD Price Center data, which allows users to design their own methods of assessing the fair value of bonds for the needs of the internal accounting policy. Interfax, which is an authorized agency of the Bank of Russia, provides RU Data with information about issuers, including: facts, reports, Russian and international ratings, data on issues and non-market instruments. The source of information about international financial instruments was the Thomson Reuters news agency.

Thanks to the RU Data Price service, market participants will receive a reference information database supplemented by a market risk assessment tool that meets global risk management standards, "said Alexey Buzdalin, author of the calculation methodology, deputy director of the Center for Economic Analysis of Interfax Group.

According to him, one of the components of RU Data Price is the ratings of liquidity and activity of trading in bonds, calculated on the basis of the original methodology for assessing the depth of the market developed by Interfax. Based on these ratings, banks were able to automatically assess the adjustment of its value, taking into account liquidity, in accordance with the requirement of the Regulation of the Central Bank of the Russian Federation No. 511-P, when calculating market risk for each open position.

RU Data Price also allows market participants to, in accordance with IFRS13 requirements, estimate the fair values of financial instruments based on three methods according to a three-tier hierarchy of information sources available for instruments with different trading activity. Each of the estimates of the fair value of the instrument is accompanied by values ​ ​ of the range of permissible price deviations, which allows market participants to assess the likelihood of regulatory risks in the event of the use of their own models for assessing the fair value of instruments, Buzdalin added.

Another element of RU Data Price is the expanded data of the NSD Price Center, which has received Bank of Russia accreditation. The Center supports an automated system for assessing the fair value of Russian financial instruments: shares and bonds, derivative financial instruments.

It is extremely important for us to form a unified information environment on the basis of an independent platform of the NSD Price Center, verified by the participants and accredited by the Bank of Russia. RU Data Price is an opportunity to work with a wide range of data underlying NSD's official estimates. Independent calculation of fair value, liquidity and other key parameters optimizes the development and validation of professional systems of analysis, decision-making and control, sets a transparent coordinate system in the daily work of various departments of modern financial institutions, "said Alexander Diakovsky, Managing Director for Information Assets of NSD.

In addition to the data required to assess risks in accordance with regulatory requirements, RU Data Price contains a complete set of tools necessary for assessing market risks (Values at Risk, Expected Short-Fall, Basis Point Value, Stress-Testing, etc.).