NORBIT has developed software for the “Central Trading System”

The NORBIT company (part of the LANIT group) has created a solution for automating the business processes of the CF trading system. The new software allows you to minimize manual operations, conduct organized trading in real time and automate the scoring of process participants based on data from SPARK.

CTS is the first and only trading system in Russia licensed by the Bank of Russia — formed a platform for organized trade in goods in accordance with No. 325-FZ (“On Organized Trading”) and Bank of Russia Regulation No. 437-P (“On Activities for Conducting Organized Trading”). With a request to develop a system that would provide management of all its business processes, CFTS turned to NORBIT experts.

The NORBIT team created the necessary solution from scratch based on a modern technology stack using microservice architecture and free open source software. The system takes into account all the requirements of federal legislation (325-FZ, 152-FZ) and regulations of the Bank of Russia (437-P, 757-P, GOST R 57580): it implements the appropriate business logic, ensures business continuity and the required level of information security. The solution made it possible to digitalize all key business functions of the trading system: management of trading participants and goods, conducting organized trading and summing up their results, as well as analytical functions. An intuitive interface helps users quickly get involved in the organized trading process and minimize errors.

Irina Shilyaeva, General Director of CFTS: “NORBIT: has confirmed its technological expertise in the field custom development and projects related to automation of the trading system. Companies now have the opportunity to sell and buy goods using modern digital trading tools, as transparently and safely as possible.”

Roman Gnatko, Director of Business Development at NORBIT: “As part of the project, we not only developed unique software, but also helped the CTS assemble its internal IT team for analytics, development, and testing. In the future, this will allow us to independently develop the product and scale its capabilities depending on user requests and the changing market situation.”

Material provided by LANIT

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