Create an end-to-end digital information workflow for FX transaction information, freeing internal teams to focus on high value tasks
Trading emerging market currencies today
Foreign Exchange trading in capital controlled markets requires an ever increasing amount of information, with every jurisdiction imposing its own specific documentation requirements
A digital information lifecycle using existing technology architecture
Reduce settlement risk, improve customer experience and increase profitability of Foreign Exchange platforms, without rearchitecting systems
Create a single digital workflow for transaction information
Bring FX, Payment and Customer systems together in a single digital workflow that spans the entire trade lifecycle
Have the right information for the currencies being traded
Automatically request the right information according to the currency pair, to improve settlement times and ensure compliance
Manage overhangs and payment exceptions
Automate management of overhangs, streamlining customer outreach when payment to invoice exceptions occur
Enable segmentation of high value customers
Enable internal teams to focus on high value customers by automating common tasks
To discuss how Identitii can reduce settlement risk and increase profitability of your FX products, fill in the form below and we’ll be in touch shortly.
Lowering opportunity cost for a global bank
Corporate and institutional FX clients are demanding more flexibility in FX products and services.
The challenge for many financial institutions is that underlying pre and post-trade FX platforms are often interlinked with disparate payment and customer systems, making it difficult to ensure you have the transaction level information you need when you need it. This is particularly true when trading with capital restricted markets which require additional documentation to flow to regulators before a trade can be settled, and often results in the decision to not support these currency pairs, leaving valuable revenue to someone else.
Identitii’s FX solution overlays on top of existing systems, creating a single source of truth for transaction information. It automates a large part of the collection and management of trade documentation, enabling sales teams to focus on high value customers and lowering opportunity costs.