extent-2015: quality assurance in russian nsd
TRANSCRIPT
11/11/2015Pavel AndrianovHead of IT Development
QUALITY ASSURANCE IN RUSSIAN NATIONAL SETTLEMENT DEPOSITORY (NSD)
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The Russian CSD
First trade repository in Russia with over 1 178 clients as of October 01, 2015
Local Operating Unit for assigning Legal Entity Identification codes
Operator of systemically and nationally important payment system
Systemically important CSD, Settlement Depository and Repository
More than 18 years on depository services market
Member of the Moscow Exchange Group
The largest settlement depository in Russia, the CIS and Eastern Europe
Provides both bank and custody services to the clients
Settlement depository for the Moscow Exchange
Diversified assets on deposit
A European tariff model
Servicing the Moscow Exchange currency exchange market
Participant of the major working groups organized by Russian regulators
Assets under custody,USD, blnNumber of custody accounts
Num. of securities transactions, mln (2012)Vol. of securities transactions, USD trln (2012)Num. of cash transactions, mln (2012)Vol. of cash transactions, USD trln (2012)
Capital, USD mln
FACTS AND FIGURES
Assets under Custody*, USD bln
Number of settled securities transactions, ths pcs.Value of settled securities transactions, USD bln
437
1 792
2 840
Value of settled cash transfers**, USD bln
4 155
Number of registered trades in Repository, ths pcs.
319
9М15 YTD
Number of custody accounts, pcs. 3 731
* Value of securities under custody on behalf of clients** Covering only delivery money transfer on NSD clients’ accounts
Number of settled cash transfers, ths pcs.
758
Value of settledtrades in CollateralManagement, USD
bln
545
01.10.15
RUB / USD rate is 66.2367as of 30.09.2015
FIVE BUSINESS STREAMS
RepositoryCSDClearing &
Tri-party services
Cash settlement
services
Corporate Informatio
nCenter
RISK-MANAGEMENT
IT
CSD Safekeeping Settlement of on-exchange and OTC transactions (FOP, DVP) Corporate actions Tax agent services
CORPORATE INFORMATIONCENTER
Consolidated and verified information about securities, corporate actions and codes: ISIN, CFI, LEI
Valuation center
CASH SETTLEMENTSERVICES
Cash settlement services FX services Authorized currency control Cash accounts maintenance
CLEARING & TRI-PARTY SERVICES Clearing and collateral management (tri-party services)
REPOSITORY Registration of OTC repo trades and trades with derivatives
RELATED SERVICES NNA in Russia and Substitute NA for the CIS countries Local Operating Unit (LOU) for the Russian market (LEI assignment and verification) EDI system with registrars Providing access to SWIFT
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IT AND NSD.
Current status:• Key IT systems were created and developed as in-house
solutions
• We use waterfall and iterative/agile technology
• IT staff more then 350 people (including outsourcing)
• We use several outsourcing companies
• We use the modern technology to manage quality and delivery (fast functional point (ffp), code review and integration continues)
Main goals:• Add functionality
• Improve quality
• Extend capacity
TECHONOLY OF QUALITY You Can’t Manage What You Can’t MeasureHow do we measure?
• Use task manager (Redmine) for all requests
• We have daily reports for key figures
• We have statistics and BI to analyze it
• We have progress bar for each stage of release
9/28/2
015
9/29/2
015
9/30/2
015
10/1/2
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0500
1,0001,5002,0002,5003,0003,5004,000
Ready Plan
Qua
lity
of
ffp
TECHONOLY OF QUALITY You Can’t Manage What You Can’t MeasureWhat do we measure?
• Errors per ffp
• Retest iterations per error
• Requirements change amount per analyst
30 31 32 33 34 350.00%0.50%
1.00%
1.50%
2.00%
2.50%3.00%
3.50%
4.00%
Change
TECHONOLY OF QUALITY You Can’t Manage What You Can’t MeasureWhat do we measure?
• Errors per ffp in UAT
28 29 30 31 32 33 34 35 360.00
0.02
0.04
0.06
0.08
0.10
0.12
0.14
0.16
0.18
Errors
TECHONOLY OF QUALITY You Can’t Manage What You Can’t MeasureWhat do we measure?
• SLA
29.09
.2015
01.10
.2015
05.10
.2015
07.10
.2015
09.10
.2015
13.10
.2015
15.10
.2015
19.10
.2015
21.10
.2015
23.10
.2015
27.10
.2015
29.10
.2015
02.11
.2015
05.11
.2015
40.00%
50.00%
60.00%
70.00%
80.00%
90.00%
100.00%
TestingAnaliticsDevelopmentStandart
QUALITY. STEP BY STEP
What have we implemented recently?• Fast Functional point methodology
• Behavior Driven Development (BDD)
• Code Review
• Continues Integration
• Post implementation review
• Performance and smoke test
• KPI for IT people
• SLA for outsourcing companies
QUALITY. OUR PLANS
What do we want to do over the next year?• Implement dedicated IT solution for QA
• Implement processes to check quality of the source code
• Make refactoring for the most important and complicated source codes
• Implementation institution of test leaders
• Hallway testing
CURRENT RESULTS
Release 30 Release 31 Release 32 Release 33 Release 34 Release 350
5001000150020002500300035004000
897 1,098
2,3782,779 3,048
3 552Productivity. Function points developed per release cycle
Release 30 Release 31 Release 32 Release 33 Release 34 Release 350
0.050.1
0.150.2
0.250.3 0.258 0.258
0.131 0.116 0.098
0
Quality. Bugs in production environment per function point developed for first 6 weeks after release deployment
CURRENT RESULTS
29 30 31 32 333.50
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
Quality of releases
Quality
CONTACTS
Tel., e-mail: Tel.: +7 (495) 234-48-27 доб. 4111
E-mail: [email protected]
Web-sites:
www.nsd.ru, www.isin.ru, www.aecsd.org, www.dcc.ru, www.lei-code.ru
Address:
12, Spartakovskaya str., Moscow, 105066, Russia
DISCLAIMER
This presentation has been prepared and issued by NSD (the “Company”). Unless otherwise stated, the Company is the source for all data contained in this document. Such data is provided as at the date of this document and is subject to change without notice
This document does not constitute or form part of, and should not be construed as, an offer or invitation for the sale or subscription of, or a solicitation of any offer to buy or subscribe for, any securities, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any offer, contract, commitment or investment decision relating thereto, nor does it constitute a recommendation regarding the securities of the Company
The information in this document has not been independently verified. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy or completeness of the information or opinions contained herein. None of the Company, or any of its subsidiaries or affiliates or any of such person's directors, officers or employees, advisers or other representatives, accepts any liability whatsoever (whether in negligence or otherwise) arising, directly or indirectly, from the use of this document or otherwise arising in connection therewith
This presentation includes forward-looking statements. All statements other than statements of historical fact included in this presentation, including, without limitation, those regarding our financial position, business strategy, management plans and objectives for future operations are forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance, achievements or industry results to be materially different from those expressed or implied by these forward-looking statements. These forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we expect to operate in the future. Important factors that could cause our actual results, performance, achievements or industry results to differ materially from those in the forward-looking statements include, among other factors: – Perception of market services offered by the Company and its subsidiaries– Volatility (a) of the Russian economy and the securities market and (b) sectors with a high level of competition that the
Company and its subsidiaries operate– Changes in (a) domestic and international legislation and tax regulation and (b) state policies related to financial
markets and securities markets– Competition increase from new players on the Russian market– The ability to keep pace with rapid changes in science and technology environment, including the ability to use
advanced features that are popular with the Company's and its subsidiaries' customers– The ability to maintain continuity of the process of introduction of new competitive products and services, while
keeping the competitiveness– The ability to attract new customers on the domestic market and in foreign jurisdictions– The ability to increase the offer of products in foreign jurisdictions
Forward-looking statements speak only as of the date of this presentation and we expressly disclaim any obligation or undertaking to release any update of, or revisions to, any forward-looking statements in this presentation as a result of any change in our expectations or any change in events, conditions or circumstances on which these forward-looking statements are based