The bank will use the FirstOrder module in conjunction with the recently implemented Sierra Treasury to provide Internet branch network capabilities and dealable real-time prices.

FirstOrder functionality includes full price publishing, order management, real-time limit checking, including collateralised limits and audit trail functionality for FX spot, swaps, tom/today, forwards, windows and NDFs.

FNX’s Sierra Treasury supports FX cash and FX options, money markets, and fixed income securities trading, as well as repos, interest rate swaps, cross currency swaps, and FRAs with full multi-site Web-based access via standard browsers.