UFS IC Started to Apply EGAR Focus Trading and Risk Management System
UFS Investment Company began applying EGAR Focus system implemented by EGAR specialists.
- (1888PressRelease) August 31, 2011 - UFS Investment Company started to apply EGAR Focus system implemented earlier by EGAR Technology specialists. The solution is meant for real-time dealer and broker investment operations support in the equity and bond markets.
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 traders' 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, «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 service».
EGAR FOCUS 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.
UFS Investment Company (http://www.ufs-federation.com) is an international investment company providing the full range of high quality investment banking services with maximum comfort for a client.
UFS acts as an organizer and financial consultant for transactions in share/equity capital market and debt market. We provide our clients with trading ideas and analytics to manage their own brokerage accounts, as well as with support for capital transactions.
Its highly professional team with a vast experience in the investment sector deserves loyalty and respect among a large number of clients. UFS assists its clients in the business model formation to attract optimal volume of investment and helps the company to reach a new level of market positioning.
About EGAR Technology
EGAR Technology, Inc. (www.egartech.com) is a global financial technology solutions and service provider. EGAR Technology's customers are mainly financial market participants both on buy side as well as sell side.
EGAR Technology combines excellence in technology with capital market expertise to create sophisticated trading and risk management systems and solutions.
Contact Information
Press Center
EGAR Technology, Inc
866 United Nations Plaza
Suite 566
New York, New York, 10017
Tel: 212-223-3552
Email: public ( @ ) EGARTech dot com
www.egartech.com
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