Interfax offering banks, NBFIs free access to RU Data during lockdown period
MOSCOW. April 9 (Interfax) - The Interfax Group is offering banks and nonbank financial institutions (NBFIs) free access to the RU Data platform - the biggest source of verified information on financial instruments and issuers in Russia - in the interests of supporting business while lockdown restrictions are in force.
RU Data brings together all available information on the Russian securities market, including benchmark data verified by the accounting system, information from issuers and registrars, and real-time information obtained directly from issuers.
Sign up for free access to RU Data at https://rudata.in by clicking on "demo access." The offer is available is available until June 30, 2020.
"It is important for market participants in conditions of growing volatility to continuously assess credit and market risks for their portfolio of financial instruments, as well as keeping track of changes to the market situation in real time. The RU Data platform provides all these opportunities, as well as enabling users to optimize their portfolio with consideration for liquidity, reduce the operational risk, and release capital from the regulatory burden," head of the RU Data project Yevgeny Proshchin said.
Proshchin said that "RU Data ensures automation of regulatory and business requirements for assessment and management of financial risks to portfolios of securities, and answers the needs of different subdivisions of institutional clients - back office, accounts, depository, and risk management."
Interfax announced earlier that it was offering free access to the SPARK-Interfax system to small and medium-sized businesses for the duration of the lockdown restrictions, as well as beginning to grant users of the 1C program free access for a period of 60 days to the service for assessing the integrity of counterparties created on the basis of SPARK-Interfax.
In the current difficult circumstances, Interfax continues to work 24/7, ensuring remote support to clients and the operation of all its new and IT services.
Interfax Information Services Group is a developer of advanced solutions in the area of business risk management and regulatory compliance. Interfax solutions turn Big Data into knowledge and enable companies to leverage all the potential of Big Data to gain a competitive edge and efficiently manage their business in the digital economy.
RU Data is an Interfax product created in partnership with the National Settlement Depository (NSD). It is the biggest Russian source of verified information on financial instruments and issuers, bringing together all available information on the Russian securities market, including benchmark data verified by the accounting system, information from issuers and registrars, and real-time information obtained directly from issuers. The platform is intended for analyzing financial risks and managing the effectivity of securities portfolios and keeping track of issuers' news and corporate events, as well as banks' and other financial organizations' preparations for reports on operations with securities and derivative financial instruments.
Interfax, as an agency accredited by the Central Bank of Russia, presents via RU Data information on issuers, including material events, reporting, Russian and international ratings, and data on issues and non-marketable securities.