More NewsSEB Offers FX Execution to Corporate Clients

SEB Offers FX Execution to Corporate Clients

Following a collaboration with Nordic Financial Systems (NFS), SEB Merchant Banking has implemented a system offering foreign exchange execution to its corporate clients via their TMS. Electrolux has become the first company to implement this solution, which the bank claims will achieve a full e-channel/service for FX execution, confirmation and settlement. The solution employs NFS’ e-Deal Router which allows FX transactions to be executed in real-time between different systems by detecting a possible transaction in the clients’ treasury management system and routing and processing them via the Trading Station Interface. SEB and NFS integrate the information from clients’ existing treasury management systems in order to automate FX dealing from back to front office. The back office will reconcile account statements and payment instructions and automatically generate individual trades.

Comments are closed.

Subscribe to get your daily business insights

Whitepapers & Resources

2021 Transaction Banking Services Survey
Banking

2021 Transaction Banking Services Survey

2y
CGI Transaction Banking Survey 2020

CGI Transaction Banking Survey 2020

4y
TIS Sanction Screening Survey Report
Payments

TIS Sanction Screening Survey Report

5y
Enhancing your strategic position: Digitalization in Treasury
Payments

Enhancing your strategic position: Digitalization in Treasury

5y
Netting: An Immersive Guide to Global Reconciliation

Netting: An Immersive Guide to Global Reconciliation

5y