Misys releases exotic FX

Misys releases exotic FX

The new release enhances Misys’s existing interbank matching portfolio, which includes foreign exchange, money markets, FX options and metals. It aims to allow banks to benefit from increased automation and improved risk management, which will reduce manual processes such as fax, telephone and email confirmation.

The latest technology allows banks to send confirmations to each other over the Swift network. The subscribing bank authorises Swift to copy inbound and outbound confirmation messages for the required instrument into Misys CMS. This is done using the Swift FinInform service and messages are only visible to the subscribing bank.

Most Popular

Thought Leaders

SmartStream RDU gears up for Mifid II challenge

SmartStream won the FOW Award for best new technology product in both the trade...

Total Return Futures - a real-life example for futurisation

Eurex won the FOW Prop Traders' exchange of the year award

ABN AMRO Clearing is optimistic about the future of proprietary trading

ABN AMRO Clearing won the award for proprietary traders' clearing firm of the...

Wematch: Shining a light on collateral and securities financing

Wematch discusses regulatory tailwinds, building liquidity and supporting banks...