18 February 2018
Visit www.avoka.com

Royal exchange licenses Financial Software Systems Spectrum

02 April 2012  |  1573 views  |  0 Source: Financial Software Systems

Financial Software Systems ("FSS"), the leading provider of Foreign Exchange solutions to the broker-dealer market, is pleased to announce that Royal Exchange has licensed the Spectrum Broker and Spectrum Client Web Portal solutions.

Royal Exchange selected Spectrum to support its end to end FX business in Spot, Forward, Swaps, collateralized margin trading and international payments.

Spectrum empowers Royal Exchange to service two different target client markets on a single platform. One segment will use the Spectrum Client Web Portal as their front-end to enter single or bulk uploaded international payments with Request for Quotes ("RFQ") pricing, combined with real-time views to manage positions, cash flows and transactions, and a complete suite of downloadable reports in a single Web page. The second client segment will be dealing FX on electronic platforms for collateralized margin trading and will have access to the Spectrum Web Portal for real-time position and equity utilization statistics. In either scenario, all client activity will be seamlessly integrated to the Spectrum core solution for efficient STP processing. Spectrum will also be integrated with multiple liquidity providers and payment gateways.

"Royal Exchange entrusted Financial Software Systems to provide the next generation of Web payments services," said Paul Thomas, Director at Financial Software Systems. "By deploying Spectrum, Royal Exchange can be assured that they have a scalable platform to drive their business forward. The Spectrum Client Web Portal delivers self service capabilities to Royal Exchange clients; clients will be able to perform RFQ pricing, manage their SSI's, and have on demand access to on-line reporting."

Financial Software Systems experience in providing innovative FX payment services platforms, combined with a fully integrated middle and back office offering were the key criteria in Royal Exchange choosing to partner with Financial Software Systems. 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit http://info.nice.comVisit www.vasco.com

Who is commenting?

Top topics

Most viewed Most shared
Saudi central bank provides sandbox for banks to try out Ripple techSaudi central bank provides sandbox for ba...
10740 views comments | 16 tweets | 11 linkedin
Aussie real-time payments platform goes liveAussie real-time payments platform goes li...
8412 views comments | 15 tweets | 42 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
8124 views 10 comments | 21 tweets | 26 linkedin
hands typing furiouslyHow can Blockchain Help with AML KYC
7841 views 3 | 9 tweets | 4 linkedin

Featured job

Competitive base + commission + benefits
New York City, NY - USA

Find your next job