Comprehensive Back Office Solution for FX Trading Rooms
At the heart of all business critical systems lies a comprehensive and dynamic control suite. The ability to manage numerous users and clients with diverse business needs and profiles is the key to offering a complete, satisfying and rewarding business experience.
Improve the Efficiency of FX Trading Rooms
Covering spots, forwards, swaps, NDFs, currency futures and options, our ForexManage's FX Back Office solution offers dynamic, real-time management capabilities that improve the business efficiency of trading room operations by centralizing all FX operations in one platform.
The system provides a single dynamic interface for managing FX portfolios and lets you manage all aspects of portfolio and account administration including client and user accounts, counterparty relationship setup, multiple risk and margin profiles, cash management procedures, market data, holiday tables, security settings, broker rebate management and commission structure setup.
Automated Reports and Alerts
The ForexManage Back Office includes extensive automated reporting capabilities such as aggregated deal (IB) allocation procedures, commission reports, cash flow, P&L and exposure reports and alerts. Reports and alerts can be distributed automatically via email, fax or print to pre-defined clients, users or groups.
The Back Office also offers real-time monitoring capabilities that include historical data, full system logs and usage monitoring.
Back office functionality combines with an advanced, real time management tool that enables you to instantly adapt you trading room to changing realties.
Solution Benefits
Extensive and detailed customised reports allows you to analyze and monitor all account activity from a single interface
Enables banks and brokers to meet regulatory requirements
Central control and administration of all account and portfolio parameters increases efficiencies and streamlines operations
Automatic generation of customised client statements improves customer service
Proven integration capabilities with legacy systems cuts time to market and implementation
Monitors Cash cash Bbook Activitiesactivities
Features
Client statements: Automatic generation of End-of-Day (EOD) and End-of-Month
(EOM) statements in multiple languages
Comprehensive structured reports: A range of detailed reports for audit, middle/back office operations, accounting, margin/risk, management, treasury, general ledger activity, legal and compliance departments.
Account authorisation and authentication: Ability to dynamically define exposure and margin types, limits, commission and menu structures, account connections and account details
Commission, interest and fees management, as well as collateral allocations management
End-of-day auto rollover and auto-conversions procedure
Cash activity reports, including credit/debit actions: Posting and tracking of cash movements, wire transfers and other treasury processes
Pending deals queue: For both internal matching and validation purposes, including audit trail for compliance requirements
Monitoring operations: Comprehensive system logs, user monitoring, system processes and global holidays table
Predefined rules for auto covering proprietary exposure
Prime Brokerage services: Both proprietary and individual customer lines, line utilization for various time buckets and instrument limits against all counterparties
File Export: Supports file export in numerous formats
Confirmations: Capable of managing client-designed messages
