Jun 20, 2021
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Completed

OTC Trades repository

$25,000+
7-12 months
Russia, Moscow
10+
view project
Service categories
Service type
Custom Software Development
Web Development
Domain focus
Banking & Financial Services
Solution type
Websites & Landings
Business Software
Programming language
C#
Java
SQL
Frameworks
.NET

Challenge

In 2010 Central Bank of Russia – the main regulatory authority on the Russian market, delegated the task of reports collecting to the National Settlement Depository (NSD, a subsidiary of the Moscow Exchange). Our company won a tender and became the main IT partner for NSD in this project. Main goals in software development: format development, core system development, client's web-terminal development, documentation development

Solution

Messages Format. FpML was selected as the basis for messages format. At the onset of the project, FpML was already a mature format developed by joint efforts of professionals from many financial organizations. Also, the development of the repository client web cabinet was a crucial part of the project. When the legislation was created it required reporting not only from the residents but also from non-residents acting as counterparties for trades with the Russian residents. The NSD at the time did not have a client terminal with an English-language interface and it was decided to develop a web application that would provide interaction with the repository. Documentation It was important to provide comprehensive information support to repository clients.

Results

We developed a core of the reporting system, a web-based client application, documentation website and did a significant amount of work in a messages format development.
We developed a core of the reporting system, a web-based client application, documentation website and did a significant amount of work in a messages format development.
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