Banks are racing to expand internet-based services which allow
clients to conduct a broad array of transactional activities - well
beyond checking balances and writing personal checks. Financial Software
Systems has developed new products for internet delivery - at the
branch and consumer level. Each of these products allow for increased
sales opportunities while providing greater operational efficiency.
Spectrum's FX Dealing Portal is an internet banking portal that provides
a direct bank-to-customer channel so that a bank's customers can obtain
competitive and executable FX quotes. The Spectrum FX Dealing Portal
is designed for banks that want to serve knowledgeable FX customers
-- primarily corporations and fund managers -- that are sensitive to
the FX prices that the bank is quoting. Spectrum's FX Dealing Portal
is designed to support thousands of simultaneous users, and thousands
of daily transactions over the internet. The FX Dealing Portal provides
a consistent, controlled, and secure framework for banks to offer FX
dealing and FX settlement services directly to their clients through
the internet.
• Powerful, Automated Internet Pricing for FX Spot, Forward, Swap
and Time Option Contracts
• Ability to Apply "Wholesale" and "Retail" Spreads
to the Underlying FX Rates
• Support for Hundreds or Thousands of Pricing Scenarios
• Support for Hundreds or Thousands of Simultaneous Internet Users
• Request for Quotes, with Auto-Quoting and Dealer Intervention Fully
Supported
• Tightly Integrated with Spectrum to Provide Real-Time Front-Office
Risk Management
and
Complete Back-Office Processing, Including Electronic Payments and
General Ledger Entries
Spectrum's FX Payments Portal is an internet banking portal that allows
banks' customers to easily and efficiently prepare and process foreign
currency payments. The Spectrum FX Payments Portal is designed for
banks that want to offer their customers competitive FX prices and
a user-directed and user-controlled process for requesting and processing
FX payments.
Spectrum's FX Payments Portal provides a highly configurable and completely
automated and secure framework for initiating and processing FX payments.
• Powerful, Automated Internet Pricing for FX Spot, Forward, Swap
and Time Option Contracts
• Allow Clients to Organize Their Workflows for Making FX Payments
• Secure and Efficient Management of Clients' Standard Settlement
Instructions
• Support for Hundreds or Thousands of Simultaneous Internet Users
• Request for Quotes, with Auto-Quoting and Dealer Intervention Fully
Supported
• Tightly Integrated with Spectrum to Provide Real-Time Front-Office
Risk Management
and
Complete Back-Office Processing, Including Electronic Payments and
General Ledger Entries
Spectrum's FX Branch Portal is a web-based portal that allows banks
to offer a comprehensive range of foreign exchange products through
their branch networks. Using secure communications over the internet,
the Spectrum FX Branch Portal efficiently connects the FX operations
of a bank's branches directly to the bank's Treasury Department.
Spectrum's FX Branch Portal enables banks to easily offer customers
FX services through hundreds of branches and thousands of tellers.
The FX Branch Portal provides a consistent, controlled, and secure
framework for offering FX services through a bank's branch distribution
network.
• Full Support for Foreign Currency Banknotes, Drafts,
Wires and Travelers Cheques
• Simultaneous Support For Hundreds of Bank Branches and Thousands
of Tellers
• Powerful Rate Engine Automatically Produces the Appropriate Price
for All FX Transactions
• Produces Customized Multi-Lingual and Multi-Part Transaction Confirmations
in the Branches
• Transaction Fees Automatically Calculated and Applied
• Can Provide all Back-Office Processing, Including SWIFT Payments
and General Ledger Entries
• Can Update in Real-Time FX Positions, Risks and P&Ls in a Centralized
Treasury Operation
Spectrum's Branch Sales Portal is a web-based portal that allows banks
to sell (and buy) Bonds, Floating Rate Notes and Equities through their
branch networks. Using secure communications over the internet, the
Spectrum Branch Sales Portal efficiently connects the bank's branches
and/or Financial Centers directly to the bank's Treasury Department
for the sales of a variety of securities.
Spectrum's Branch Sales Portal enables banks to easily offer customers
the ability to buy and sell securities through hundreds of branches
and thousands of Tellers or Account Officers. The Spectrum Branch Sales
Portal provides a consistent, controlled, and secure framework for
offering securities through a bank's branch distribution network.
• Full Support for Selling (and Buying) a Broad Range
of Notes, Bonds and Equities
• Simultaneous Support For Hundreds of Bank Branches and Thousands
of Tellers
• Powerful Rate Engine Automatically Produces the Appropriate Price
for All Securities
• Customers Can Partially or Fully Liquidate Their Investments Through
the Portal
• Produces Customized Multi-Lingual and Multi-Part Transaction Confirmations
in the Branches
• Can Provide all Back-Office Processing, Including Nostro, Vostro
and General Ledger Entries
Built on Web service standards, Microsoft .NET-connected software makes
the "real-time" enterprise a reality by enabling information
to flow seamlessly, from Front- to Back-Office. Real-time processing
delivers incredible value for on-line Portfolio Analytics, comprehensive
Credit Limits and Collateral Management, and Desktop Alerts, all without
having to wait while the system is updated. Using .NET-connected software
also means users work more efficiently through the use of highly automated
processes, with less time devoted to manual intervention or reconciliation.
• Built Using Microsoft .NET Technology
• Programming Languages are C# and C
• 4-Tiered Architecture for Speed, Reliability and Scalability
• Choice of MS SQL Server or Sybase for the Database
• Comprehensive Data Publishing
• Horizontally Scalable
• Seamless Integration via XML, with Standard Interfaces to Trading
and Accounting Systems
• Highly Secure for Internal Operations and for Web Publishing