Wallstreet expands e-Operations capabilities for cross product settlement netting

First Published: e-Forex Magazine 31 / News / April, 2008

Wall Street Systems, the global provider of treasury, trading and settlement solutions and services, has further enhanced its e-Operations solution, specifically in the area of settlement netting.  Using the e-Operations suite of tools, banks have been able to offer seamless, integrated web-based services to their customers to settle, authorize, confirm, split, and allocate trades.    Now, Wallstreet provides additional tools allowing customers to net trades across asset classes, regardless of the origination of the trade.  Customers are provided with an innovative scratch pad facility to easily select trades and are presented with totals by currency, at which time settlement instructions are applied.  All customer actions are fully integrated into the bank’s back office operations, complete with extensive audit facilities, to minimize operational risk and provide complete transparency.   ...continued

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