Banking: Global Markets

Forex e Deals

Features:

• Online purchase and sale of currencies
• Real-time quote of the FOREX rates by integrating with Reuters
• One-time client setup by accepting the static data and the Master Agreement (ISDA)
• Complex margin calculations to generate and display Reuters rates
• Use of AJAX to minimize data transfer

Benefits:

• Implementation of a fully online currency buy/sell workflow, no manual intervention required
• Straight Through Processing leads to improved user experience, and lowers cost of sales

Digital Confirmation Forward Contracts

Features:

• Online confirmation / cancellation of Forward contract
• Integration between Front Office and Back Office
• One time client setup by accepting the static data and the Master Agreement (ISDA)
• Integration with the Deals Capture System and the Corporate Business Portal
• Digital signature for acceptance of the contract to ensure its sanctity

Benefits:

• Reduced timeframe for contract confirmation due to online acceptance (earlier process involved correspondence via courier or by the customer visiting the nearest bank branch)
• Single platform for collaboration between Front office, Client, and Back office