Wall Street Systems, the global provider of treasury, trading and settlement solutions, has expanded its e-Operations solution with foreign currency transaction accounts (FCTAs). Using Wallstreet’s e-Operations, banks can offer seamless, integrated web-based services to their customers to aggregate, execute, settle, authorize, confirm, allocate, split, and net trades. Customers can now manage foreign currency accounts. They are provided with real-time activity logs and statements and can execute payment wires (withdrawals), plus provide execution of other transactions such as FX and Money Markets directly over the web from these accounts.
Customer Foreign Currency Account Statement
All customer actions are fully integrated with the bank’s back office operations, complete with extensive audit facilities and controls including real-time balance checking, to minimize operational risk and provide complete transparency.