Aladdin-Systems

In the ALADSYS.Securities™ system the recording is done using the two cards of accounts – in cash and in securities. The system can provide information on the current location of securities and cash assets, on debts and receivables, and on the current and expected settlements.
The recording can be done for several companies, each of which can have their clients. Within the dealer’s and client portfolios there are sections for which one can use different write-off methods (LIFO, FIFO, weighted average). In addition, one can use special methods such as the selected batch method and REPO method.

The system 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 exchange listings of MICEX, MSE, SPCEX, 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 traces the process of the transaction conclusion and settlement, with the possibility of partial payments and deliveries. The systems supports stock conversions, stock splits and consolidation, income payment in the form of securities, dividend disbursement, redemption of securities and coupon payments with various payment schemes, interest rates accruals on deposits, coupons, promissory notes. The system supports operations with securities denominated in foreign currency and their revaluation by market quotes (marking to market).

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.
For these current value estimations the system uses market quotes that can be imported from files coming from different exchanges. The system supports value estimations with different sets of quotes for different types of portfolios (mutual funds), non-governmental pension funds, the Pension Fund of Russian Federation). The system supports aggregated reporting in accordance with the Statement №33 by the Federal Securities Market Commission, with the possibility of input into the FFMS electronic questionnaire.

There is a special module that allows the brokers to render the service of giving to their clients marginal trading loans. 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. There is automatic creation of margin calls, and the forced closing of positions is also automated.

The system can be integrated with various e-trade software (NetInvestor, Quick) and trade terminals (RTS-Plaza) – both on-line (i.e. update after each trade and each new quote) and off-line (import of transactions and export of positions into the e-trade system).

For the companies that perform trust management there are Reports on the asset structure and on the deviations of the asset structure from the legal requirements and standards.

For a brokerage firm that offers its clients the services of a depository there is a possibility of using the integrated solution ALADSYS.Securities™/ ALADSYS.DEPO™, which integrates the back-office and depositary recording into a single system, which allows to create a unified environment and thus to ensure the on-line interaction between the back-office and the depository. This system includes the automated creation of orders by the results of the trading session, the sending of orders created in the back-office that are related to the over-the-counter transactions and asset depositing or withdrawal to the depository, the tracing of settlement, and automated recording of the results in the accounting system and in the back-office depositary recording systems.

For organizing electronic document flow between the systems based on ALADSYS.SQL™ and external systems one can use ether a simple import-export or a message flow based on the system ALADSYS.Message.

On the basis of ALADSYS.Message we have developed a two-way exchange of SWIFT-like messages with the Depositary Clearing Company (which is integrated into the system DCC-Client) and with the Electronic Document Center of RTS (integrated Client of TsED-RTS).

We have organized the message flow for SWIFT messages of the standard ISO 15002, which allows the integration into international settlement systems. Such messages include depositary and payment instructions, as well as the receiving of account statements with the possibility of automated matching.

The system allows doing accounting for the proprietary and the client (i.e. trust management) operations on the basis of the documents of back-office recording system – with the subsequent import into the external accounting software. We have accumulated vast experience in the interaction with a number of standard accounting software packages. Companies working with individuals may be interested in getting the Tax Agent’s module and the Tax Reporting module with the possibility of saving the 2-NDFL reports in the electronic format of the “Taxpayer” system using the address classifier KLADR.

It is possible to set up the management accounting of the financial activities of a group of companies which includes the head office, branches and subsidiaries. We have experience in setting up such a single management accounting system for a group of companies of different jurisdictions.

Analysts and portfolio managers may find useful the possibility of splitting the portfolio by manager (trader) and keeping track of all managers’ portfolios separately. They may also be interested in the Analytics modules allowing analytics by type of investment, industry and sub-industry in accordance with a set-up structure and on-line portfolio monitoring.

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