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The Aladdin-Systems company offers a solution for investment and depositary departments of banks. This solution is based on the ALADSYS.SQL™ financial document flow kernel, the ALADSYS.DEPO™, ALADSYS.Securities™ products, and some other products. This solution can be integrated with the existing automated banking system (ABS)- Bank General Ledger.

Usually, the standard modules of depositary recording and trade operations recording that come within integrated ABS do not have sufficiently developed tools for working in the securities markets, nor do they have all the necessary reports.

A bank can use a full complex solution or some separate parts from the set that we offer.

Currently, the ALADSYS.SQL™ kernel is used as a platform for performing the bank securities internal accounting and for planning and business optimization, as well as some other tasks.

The ALADSYS.Securities™ software product is designed for the back-office recording of the operations with the securities held by the bank in accordance with the Statement ¹32 by Federal Financial Markets Service (FFMS) requirements. In ALADSYS.Securities™ the recording is done using the two Cards of accounts – one for Cash flow and one for Securities flow.

The Accounting of Operations with Securities in Bank module, for which the settings can be made using the visual tools for business-logic and postings settings, is used for analytical recording in the credit organization’s card of accounts – in accordance with the Statement ¹205-P by the Bank of Russia and other legislation. The recording is done by the balance-sheet accounts (Chapter A), by the accounts of the Chapter G “Forward trades” and of the Chapter B “Trust management accounts”. The rules of sequence number generation for individual security-holder accounts may be set in accordance with the internal rules of the bank. The product supports a number of accounting operations that are specific for banks – such as chamging quotation level, trading session results, reserves against devaluation and unexpected losses settings. We have experience in the export of postings (aggregately or operation by operation) into ABS (General Ledger) of various suppliers, as well as into in-house bank automation systems.

The product supports the division of portfolios into the following parts: investment portfolio, trade portfolio, and direct control portfolio. One can use different rules for the write-off of the assets in a portfolio and for the forming of the financial result (LIFO, FIFO). It is possible to strictly monitor the amounts of cash and securities by each exchange (for clients using internet tranding) or to conduct aggregate control of funds in the credit part of clients’ accounts.

The product supports operations with stocks, bonds, promissory notes, derivatives and other financial instruments. The client orders and their execution are recorded. The system supports organized exchange transactions and over-the-counter transactions, as well as transactions done via the external broker. It supports transactions of buying, selling, barter trade, REPO and reverse REPO. The import methods allow the import of transactions from the MICEX, MSE, SPCEX exchange listings , as well as the import of transactions of RTS and the Stock Exchange “St-Peterburg” from the Electronic Document Center system (TsED)

For over-the-counter transactions the system can trace the process of the conclusion and settlement of the contract, with the possibility of partial payments and deliveries and with the recording of the liabilities in the accounts of the Chapter G “Forward transactions” of the credit organization’s card of accounts.

The systems supports stock conversions, stock splits and consolidations, income payment in the form of securities, dividend disbursement, redemption of securities and coupon payments with various payment schemes, and others.

The system supports operations with securities denominated in foreign currency and their revaluation using market quotes (marking to market), as well as the creation of reserves against securities devaluation.

The system can calculate the service commissions and expense reimbursements on the basis of the price-lists – both separately for each transaction (on-line), and in aggregation for a period; it can also allocate expenses by investor and by transaction.
The system can produce the reports on actual and planned cash flow and securities flow, as well as on the proprietary and client current portfolio balances with the estimation of their current value.

The system supports aggregated reporting in accordance with the Statement ¹33 by the Federal Securities Market Commission, with the possibility of input into the FFMS electronic questionnaire. The Tax Accounting, Tax Agent and Tax Reporting modules can also be quite useful.

A special module allows the bank to render services of giving marginal account loans to its clients. The system allows to trace the coefficients of the margin levels after the operation and to perform automatic generation of credit or repo operations on the basis of the trade session results. The creation of margin calls and the compulsory closing of positions are automated.

The system can be integrated with various e-trade software (Quick, NetInvestor) and trade terminals (RTS-Plaza) – both on-line (i.e. update after each trade and rate changing) and off-line: import of transactions (Alfa-Direct) and export of positions.
The ALADSYS.DEPO™ software product is designed for depositary recording in credit organizations in accordance with the rules of the Bank of Russia (the Instruction ¹44 and the Statement ¹711) and the requirements of the FFMS. This product has passed a regulation compliance testing in the PARTAD; it received a certificate ¹ Ä.003 and was recommended for the use in bank depositaries.

The ALADSYS.DEPO™ version for bank depositaries includes not only the reports required by FFMS (Statement ¹33) and PARTAD journals, but also the additional module Depositary reporting in accordance with the requirements of the Bank of Russia, which produces the reports in accordance with the Instruction ¹44 and the Statement ¹711, including the electronic format (Bank of Russia's KLIKO software). The system can make postings into the standard accounting card of accounts (Chapter D of the card of accounts) with a subsequent import into the Business Day of the bank.

For the banks that have the license of a specialized depositary the system can be supplemented by the ALADSYS.SDEPO™ product, which includes the control recording for mutual funds and non-governmental pension funds modules, and also the module for keeping the register of unit-holders for a mutual fund. The ALADSYS.SDEPO™ product makes it possible for a bank to enter the fast growing market of servicing unit investment funds and non-governmental pension funds; it allows to meet all the requirements of the regulators (i.e. FFMS and the Labor Ministry Inspection of Non-Governmental Pension Funds) with minimal workload on the bank’s employees.

The banks with especially strict requirements for security and information protection may like to acquire the module Extended Security Tools, which was developed in compliance with the requirements set by the Vneshtorgbank Security Department and has passed the testing in the Sberbank of Russia.

The development of additional functions with the use of the ALADSYS.SQL™ tools can be done by the bank’s programmers, as well as by supplier company.


Mutual (Unit Investment) Fund (PIF) – is the instrument of collective investment in Russia that allows investors to combine their savings and invest them under the management of a professional management company. Functionally, unit investment funds in Russia are similar to mutual funds in the USA, but their legal status and regulation are somewhat different. One of the important differences is that the US mutual funds are forced by law to make distributions (they have to distribute at least 90% of their realized capital gains and dividend income each year), whereas the Russian PIFs don’t have to make any distributions. The “shares” of PIFs are called units, and the investors are referred to as unit-holders

PARTAD (the Professional Association of Registrars, Transfer Agents and Depositories ) is a self-regulatory organization established in 1994 and composed mainly of registrars, depositories and clearing organizations.

Electronic Document Center system (TsED) is the system of electronic confirmation of trades that are concluded by the market participants (also called Market side electronic trade confirmation). In the system the contracts are signed by digital signature.

The Federal Financial Markets Service (FFMS) is the federal executive body that controls and supervises activity in the financial markets, including the activity of exchanges, and issues the relevant regulations. It also regulates the investment of pension savings.

Federal Securities Market Commission is the federal executive body that supervised the activity in the financial market and issued the relevant regulation before the creation of the Federal Financial Markets Service (FFMS), which is now responsible for these functions.

Financial companies
Special Depositaries
Management companies
Pension Funds
Ordered by client
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Aladdin-Systems 2008