Misys Launches Exposure Aggregation Service for Treasury
A Treasury Exposure Aggregation Service has been launched by Misys Banking Systems (Misys) as a new addition to the Misys Treasury portal. The service will provide customers with an order management blotter that will display all FX orders entered in the system. This will allow users in multiple subsidiaries to view their individual exposure positions, while central treasury offices will have a complete view of the combined/aggregated position of all users on the system. The new service will allow central treasury offices to amalgamate orders by currency so that they can view single currency positions. As a result, according to Misys, this will reduce the number of foreign exchange transactions to be managed and provide the opportunity for corporates to secure more competitive trade rates.