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EGAR Technology in Alfa-Bank - Ten Years of Operation of EGAR Focus Trading and Risk Management System - EGAR Technology, Inc. draws up the results of more than 10 years of technological partnership for financial markets trading solutions development with Alfa-Bank, one of the irreplaceable leaders of the Russian banking market - EGARTech.com
EGAR Technology in Alfa-Bank - Ten Years of Operation of EGAR Focus Trading and Risk Management System

 

PRZOOM - /newswire/ - New York, NY, United States, 2012/01/30 - EGAR Technology, Inc. draws up the results of more than 10 years of technological partnership for financial markets trading solutions development with Alfa-Bank, one of the irreplaceable leaders of the Russian banking market - EGARTech.com.

   
 
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The first EGAR Technology contract with Alfa-Bank was signed in year 2000, in 2001 EGAR Focus system has already been put into operation providing equity and FX markets solution for investment departments of the bank.



Today the new release of EGAR Focus platform implemented by EGAR Technology in Alfa-Bank supports in real-time proprietary and client operations of the bank at equity, bond and FX markets including unique Russian securities support. The solution also supports a wide range of derivatives - futures, futures options, equity options and US and European Indexes, fixed and open forwards, deposits and credits; SWAPS and CDS are being implemented. The system provides margin operations for derivatives and off-balance contracts and offers web cabinet facilities for the clients of the bank.



The new version of EGAR Focus system is characterized by higher productivity, reduced response time and enhanced reporting capability. The trading platform was further developed to get new technological capabilities in the sphere of integration, flexibility and user interface.



The executives of Alfa-Bank and EGAR Technology expressed mutual satisfaction concerning the results of that long-lasting partnership.

EGAR FOCUS (egartech.com) is a modular, fully integrated position keeping system with pricing, reporting and risk management features supporting trading of over-the-counter and exchange-traded derivatives. EGAR FOCUS is one of few comprehensive system solutions for the FX, equity, fixed income/interest rate, money market, metals, energy and commodity derivatives markets.

 
 
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EGAR Technology in Alfa-Bank - Ten Years of Operation of EGAR Focus Trading and Risk Management System

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Contact: EGARTech.com 
212-223-3552 public[.]egartech.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any EGAR Technology, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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