EGAR Technology has completed in National Standard Bank the first phase of implementation of EGAR Focus, a trading and financial risk management system, designed for automation of investment operations when trading in financial markets.
On the Bank’s side EGAR Focus platform modules designed to support deals with equities, bonds, promissory notes and deals in the interbank credit market, were put into operation. Moreover EGAR Focus system has allowed the Bank to connect to external resources – Reuters and Bloomberg trading systems.
The delivery according to the contract also included EGAR Focus functionality for exchange-traded and OTC transactions in the FX market and EGAR Limits Manager, a system for limits control. The implementation of these modules will be continued within the next phase.
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.