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Support of Equilor Trading on the Prague and Warsaw Stock Exchanges
August 4, 2011
ARBES TOPAS has been chosen to support the activities of the Hungarian security trader, the Equilor Investment company
The Hungarian security trader, Equilor
Investment Zrt. has decided to extend its services and thus allow its
clients to trade on the Prague and Warsaw stock exchanges. As the
supplier of the software solution which is intended to support the
business activities of the company on both these new markets, Equilor
has chosen ARBES Technologies and its tried-and-true information system ARBES TOPAS, which will be launched live in August 2011.
The ARBES TOPAS information
system belongs among advanced software solutions for investment
administration and trading on capital markets and is used by more than
25 companies all over Europe. „The
ARBES TOPAS software solution is a system that covers the entire
security trading agenda, including all Back Office and Front
Office operations. Thanks to its architecture and modular concept, the
system can be very flexibly adjusted to suit the particular client
requirements. The system allows for gradual extensions, with regard to
the planned development of activities of EQUILOR,” says Tomáš Denemark, Director of the Financial Systems and Enterprise Applications division at ARBES Technologies.
ARBES TOPAS provides its users
with a number of methods for evaluation of portfolios of the publicly
tradable securities and common types of OTC derivatives in addition to
functions for the administration of investments, accounting and
trading. The system archives all uploaded exchange rates from the
reputable REUTERS and Bloomberg agencies. Net asset value (NAV)
calculation is based on automated evaluation and is then used as the
basis for a series of subsequent operations (e.g. limit checks in the
real time, portfolio performance comparison, etc.). The solution also
includes a set of interfaces for trade export and import as well as for
communication with selected markets and banks, either directly or using
the SWIFT protocol.
Equilor Investment Zrt., established more than 20 years ago, has
started operating together with the reintroduction of the Hungarian
capital market and the Budapest Stock Exchange (BSE). The company
provides services relating to domestic and international securities,
has been involved in administration of investments and assets for over
10 years and has been providing consulting services in company finance
for over 15 years. Equilor is a member of the Budapest, Warsaw and
Prague stock exchanges. In 2010, Equilor has gained the “Team of the
Year” award from the Budapest Stock Exchange. For more information,
visit the http://www.equilor.hu.