SEB improves trading process through NFS e-Deal Router

First Published: e-Forex Magazine 11 / News / July, 2003

SEB Merchant Banking has announced that following a collaboration with Nordic Financial Systems (NFS), it now offers foreign exchange execution to its corporate clients via their treasury management systems using NFS e-Deal Router. Electrolux is the first company to implement this solution and will achieve a full e-channel/service for FX execution, confirmation and settlement.SEB and NFS integrate the information from clients' existing treasury management systems in order to automate FX dealing from back to front office. Back office will reconcile account statements and payment instructions, and automatically generate individual trades. e-Deal Router allows FX transactions to be executed in real-time between different systems by detecting a possible transaction in the client's treasury management system and routing and processing them via the Trading Station Interface (TSI)....continued

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