Implementation of a new MM and FX trading system
About This Project
Implementation of a new MM and FX trading system for a german Landesbank
Project Scope:
- The project´s target was the implementation of a trading system for money market and FX products via an external provider and host. The existing system got therefore replaced by the individually adjusted system Valuta Direct.The new system enables growth in turnover and profit because of an enlarged portfolio of functions and products. It also improves the implementation of regulatory requirements.
Project Results:
- New trading system for FX spot and forwards, FX swaps as well as money market deposits and loans in different currencies
- Replacement of the existing trading system
- Bankwide data supply to other systems via different interfaces (e.g. risk management, risk controlling, limit control, regulatory reporting, accounting, etc.)
- Improved customer limit control in terms of quality and speed
Customer Value:
- The competitiveness of the bank increased drastically in the context of the electronical trading market environment
- New customer groups could be acquired
- The efficiency improved throughout all trading and subsequent processes
- Flexible future expansions of the trading system in an individual release planning
Category
Trading & Capital Markets