The Foreign Exchange and Money Market module processes all the foreign exchange deals and money market activities within a bank.

It provides complete facilities for FX and money market order management to support trading and back office operations for the purchase and sale of currency including spots, forwards, swaps. The money market facilities support deposits, calls, interest rate swaps, cross currency IRS, future rate agreements, CAP, Floor, Collars and fiduciary deposits.

The main functions include:

FRONT OFFICE :

	Rapid data entry facility for principal dealing
	Automatic generation of payment instructions
	Extended on-line liquidity and risk position inquiries
	Profit calculations within positions “What if” simulation within position
	Real-time limit control for clients, groups of clients and countries
	On-line limit inquiry for clients, groups, dealers, instruments and countries

BACK OFFICE :

	User-defined back office input
	Standard settlement instructions per client and currency
	Automatic payments (SWIFT,SIC)
	Automatic confirmation (SWIFT, FAX or paper)
	Automatic maturity processing
	Easy confirmation matching
	On-line account/client inquiry

ACCOUNTING :

	Flexible bookkeeping concept in any currency
	Processing of SWAP accruals with optional profit/loss accounting
	Processing of interest accruals with optional profit/loss accounting
	Forward risk revaluation
	Management and departmental reporting
	Audit trails of all entries