MFB CLEARING CENTER RUNS ON DIASOFT SOLUTIONS

March 5, 2021

Diasoft announced successful go-live of the project for automation of settlements and operations at the financial market at MFB Clearing Center.

The strategic business of MFB Clearing Center, part of the Saint-Petersburg Stock Exchange Group, is delivery of clearing services for the stock market and the exchange-traded commodity market.

On 1 October 2020, the company obtained a license for banking operations in rubles and foreign currencies from the Bank of Russia.

To support its new operations, MFB Clearing Center implemented Diasoft solutions that covered the following business functions: settlements, interaction with the Federal Tax Service, tax calculation, accounting for exchange-traded and OTC securities, conversion operations, custody.

“Diasoft solutions provide all necessary functional capabilities for end-to-end support of our operations in full compliance with regulatory requirements. Implementation of modern IT solutions allow us to expand the variety of instruments, supporting the product line of Saint-Petersburg Exchange”, commented Yulia Makeeva, General Director, MFB Clearing Center

“It is unique for a non-banking company at the Russian financial market to receive a license from the Bank of Russia. The project at MFB Clearing Center has successfully gone live, and we are happy to deliver our professional technological services and share out expertise to help our Customer in its further development at the financial market”, said Kirill Zolotykh, Member of the Management Board, Director of the Financial Markets Department at Diasoft.

Have you got any questions?
Contact us

Ask your question

Contact Us

    Please leave your message in the form below, and we will respond you as soon as possible.







    By submitting this form, I consent to the processing of my data and information by Diasoft in accordance with the terms of the Privacy and Cookie Policy, these terms have been read and approved by me.


    * — Required fields

    Request a demo

      Please leave your message in the form below, and we will respond you as soon as possible.







      By submitting this form, I consent to the processing of my data and information by Diasoft in accordance with the terms of the Privacy and Cookie Policy, these terms have been read and approved by me.


      * — Required fields
      By submitting this form, I grant my consent to processing of my personal data.

      Download the product overview

        Please leave your message in the form below, and we will respond you as soon as possible.







        By submitting this form, I consent to the processing of my data and information by Diasoft in accordance with the terms of the Privacy and Cookie Policy, these terms have been read and approved by me.


        * — Required fields
        By submitting this form, I grant my consent to processing of my personal data.