EGAR Focus solution at UFS allows stock-exchange and off-exchange deals and repo executing. The system enables real-time mark to market performing and P&L calculation, both in real-time and for any historic period offering the users more than hundred of analytical markers including unique ones.
EGAR Focus solution deployed in UFS Investment Company supports the following external systems: Bloomberg information and trading solution and internet trading systems. The project was completed within 6 months.
Igor Laukhin, UFS Deputy Director General remarks that while making a choice of a system for operations at corporate and fixed income securities market the company was guided by functionality and scalability of the solution and implementation terms. According to his words, EGAR Focus implementation resulted in enhanced front office support and considerably improved the time of tradersâ routine operations when entering and passing tickets into back office. Besides, the implementation of the solution allowed to create a secure database of purchase and sales transactions and repo transactions and to establish contractors repository.
Gena Ioffe, co-founder and CEO of EGAR, added, Â«UFS Investment Company renders a wide range of financial services and has credibility of its clients. We hope that the deployed solution based on the newly released EGAR Focus platform will help the company to expand its business and provide high-quality client serviceÂ».