Martin Spurr Head of eVentures, Financial Markets, The Royal Bank of Scotland (“RBS”), talks about the use of Application Programme Interfaces (APIs) in helping to unlock additional value for both customer and treasury provider.
Martin Spurr Head of eVentures, Financial Markets, The Royal Bank of Scotland (“RBS”), talks about the use of Application Programme Interfaces (APIs) in helping to unlock additional value for both customer and treasury provider.

API’s – tailoring for client requirements

Martin Spurr talks about the use of Application Programme Interfaces (APIs) in helping to unlock additional value for both customer and treasury providers.

First Published: e-Forex Magazine 14 / Features / April, 2004

The Search for ValueAs organisations become more sophisticated and accepting of online dealing systems, their requirements for foreign exchange risk management services also evolve.In my experience, increasingly customers are falling into specific groups in relation to online trading. These are not segregated by customer type, industry or geography but by trading style i.e. customers who trade actively, speculatively or in an intermediary capacity generally want streaming price, interbank-style execution. Larger organisations trading to investor mandates or following corporate hedging guidelines initially choose the multibank portals for better price transparency but we are now seeing much greater interest from these clients in the benchmark fixing trading products. Organisations with less frequent forex requirements generally favour either Request-For-Quote (RFQ) models or proprietary etrading systems.On the treasury provider side, the biggest challenges remain profitability and reliability. As prices become...continued

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