Banco Continental BBVA headquartered in Lima, Peru, has licensed the Spectrum Treasury System from Financial Software Systems to manage its Treasury, Capital Markets, Private Banking, and Mutual Fund activities. The Spectrum license for Banco Continental includes a complete range of foreign exchange, interest rate, equity and derivative instruments. All Treasury and Capital Markets transactions are instantly reflected in Spectrum’s real-time position, cash flow and risk management blotters.
Spectrum provides real-time pretrade and post-trade limit checks to help control a wide range of risks. Spectrum also provides true straight-through processing of all transactions in a single database. In addition to licensing the core Spectrum system, Banco Continental also licensed Spectrum’s FX Branch Portal and the Spectrum’s Web Reporting Services. Using secure communications over the internet, the Spectrum FX Branch Portal will support hundreds of bank branches and thousands of tellers.