Finam keeps account in Sintegro of OSBU

2019: Sintegro's implementation by OSBU

On December 4, 2019 Sintegro consulting reported that it in JSC Finam Investment Company keeps account in Sintegro of OSBU. The Broker offers clients the options not characteristic of other industry members: "widgets" and gift certificates for security purchase. Besides, JSC Finam works with different types of financial instruments. Nuances of accounting and also large volume of transactions required existence of necessary functionality for reflection of the corresponding transactions in accounting of JSC Finam that was implemented by joint efforts with specialists of Sintegro consulting company. The functionality of the Sintegro OSBU system, including regarding investment property, finance lease and also accounting of financial instruments on own position of JSC Finam was finished.

We note that the block with financial instruments which was jointly worked out with Sintegro consulting company was rather difficult functionality in connection with a variety of transactions and their features. Cooperation continues within the agreement of support, comments the chief accountant of JSC Finam Investment Company Olga Zavalishina

Along with Sintegro of OSBU in investment company the XBRL Factory system is also implemented.

JSC FINAM and Sintegro consulting closely interacted also regarding settings of assembly of forms of accounting and supervising reportings according to requirements of regulating authority.