Asset Managers: complex workflow - solved

QuickOMS - the most advanced trading tool for asset managers

QuickOMS, FXall's advanced portfolio trading tool, streamlines foreign exchange workflow and reduces the effort required to execute an entire portfolio of trades across multiple allocations, currencies and forward dates. QuickOMS can be adapted to create tailor-made internal dealing solutions that match the workflow requirements of any customer

QuickOMS is integrated to FXall's award-winning STP solution, QuickConnect, to provide seamless, real-time integration directly to your OMS. It is also fully integrated with Settlement Center to provide automated custodial notification and confirmation, allowing asset managers to automate the execution of requirements with several custodian banks simultaneously.

Attain best execution - however your organization defines it

FXall helps you deal more efficiently in the marketplace. Our netting functionality enables asset managers to net an entire portfolio of trades down to its most concise elements, reducing unnecessary risk and enhancing efficiency. You can also net across specific currencies to ensure that booked trades correspond to fund guidelines. Outrights can be traded directly, avoiding the need to pay both spot and swap spreads.

FXall's market data gives you the benchmarks to ensure you are achieving best execution, even when dealing with a single provider. You can also trade deals in competition through QuickTrade, which delivers prices from multiple banks simultaneously.

Unparalleled connectivity through QuickConnect

QuickConnect enables asset managers to link seamlessly to banks through hundreds of connectivity options - including FIX, Java and MicrosoftCOM. Clients can choose to fully automate the trading or simply to exchange trade details pre- and post-trade directly from the FXall interface. Our state-of-the-art middleware is compatible with every known client file format. If you want to use a proprietary format, no problem - FXall's customer engineers will map, install and test it for you.

Custodial notification made easy with Settlement Center

FXall offers asset managers a comprehensive solution for automating notification to custodians and other authorized third parties, including investors and fund administrators. Settlement Center's messaging functionality, which supports MT304 notification messages and MT200 series payment messages, is seamlessly integrated into the system's confirmation and netting modules, so that messages are sent automatically when needed.

Settlement instructions handled automatically

For many asset managers, notifying the custodian after each trade is only half of the headache of third-party dealing. The other half is the need to maintain detailed settlement instructions for each currency, so that your custodian can settle with the liquidity providers. FXall has solved this problem by creating a database of settlement instructions maintained by the providers themselves. The appropriate instructions from the database are automatically attached to each outgoing custodial notification.

Achieve best practice at every stage of the deal lifecycle

FXall's built-in control features - including a full audit summary of all dealing decisions - make it easy for asset managers to comply with corporate governance and accounting regulations, as well as the foreign exchange best practice guidelines set by the ACI, the Federal Reserve Bank of New York's Foreign Exchange Committee, and the Bank of England's Joint Standing Committee on Foreign Exchange.