Boston-based Investors Bank & Trust Company (Investors) has implemented Financial Software Systems' Spectrum treasury solution to manage its foreign exchange business.
Investors will use the system for front-office deal capture, risk and limit monitoring in the middle-office and back-office transaction processing and nostro account management.
The system allows the bank to analyse and monitor credit exposures and manage trading activities in FX spot, forward and swap contracts. Investors has also licensed the solution to manage OTC FX options and interest rate swaps.
Spectrum has been linked to IntraNet's Money Transfer System (MTS), Investors' Swift provider.