Features
CBX-FX provides two distinct modules: FX Trading and FX Corporate. These can be offered by a bank, jointly or separately, to its corporate customers. It allows the end-customer to be self-reliant and run an effective FX dealing and hedging operation.
FX Trading allows the bank to provide its customers with:
- Real-time streaming of market rates from different liquidity providers
- Customised workspaces and position currency pairs on workspaces as per specific tracking needs
- Spot and forward rates in the same FX tile
- Flexible order types – One-touch, request for quote and limit orders
- Online rate negotiation with the bank’s representative
- Deal status tracking and audit trails through convenient blotters
- Instantaneous generation of contract confirmations
- Alerts and news
FX Corporate allows the bank to enable its customers to:
- Aggregate data related to FX receivables and payables (exposures), and FX hedged deals from multiple sources
- Tag exposures to hedged deals
- Unearth unhedged exposures
- Cost the exposures appropriately
- Determine what to hedge, when to hedge and how to hedge
- Utilise 4D simulation tools to arrive at an effective hedging strategy
The bank can control the entire trading function through a configurable entitlement matrix and an in-built audit trail mechanism.
A win-win situation for the bank as well its corporate customers, helping the bank to:
- Generate better fee-based income from increased volumes
- Improve client retention
- Ability to grow the client base quickly
- Straight-Through-Processing from client’s device to treasury back office
- Curate and control client behaviour and yet provide the trading independence
- Increase trading behaviour by providing online hedging strategies
- Become the client’s principal bank by providing value-added tools
For the end customer it translates to:
- Personalised and agile trading platform
- Price Transparency
- Real-time updates across the entire trading lifecycle
- Ability to place a deal at the correct time and correct rate without any dependency
- Having a data-driven mitigation plan for FX exposure risks
- Getting cost benefits from timely hedging decisions
Want to know more?
Reach out to us and let us take you through the power of the CBX-FX. All you need to do is click below and we would be happy to schedule an exclusive demo for your team and you.
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Want to know more?
Explore how CBX-FX manages risks associated with a multifaceted banking ecosystem.
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