Capitalize on the opportunities in FX transactions
Fusion PAYplus CLS solution improves efficiency and automation
As the Continuous Linked Settlement (CLS) system for FX is actively extending the coverage of its risk elimination service to include more participants, currencies and FX instruments, banks are seeking to capitalize on the opportunities in FX transactions.
Finastra’s integrated CLS solution provides you with a complete set of integrated settlement services for FX transactions, derivatives settlement, internal netting and non-CLS currencies. It captures and processes FX transaction messages according to CLS rules and operating procedures, then distributes them to all relevant CLS settlement counterparties.
Using Fusion PAYplus CLS, you can monitor your CLS activities daily, match and reconcile ‘pay-in’ and ‘pay-out’ schedules, assess credit in real time and automatically feeding data to internal bank systems and third parties for final settlement of FX trades.
- Save time and improve operational efficiency by automating the capture, processing and distribution of FX transaction messages, freeing up resources and lowering operating costs
- Automate cancellations, amendments and unmatched trades and transactions, freeing staff to focus on exceptions
- Minimize operator error and reduce training time with our intuitive browser-based graphical user interface (GUI)
- Grow your business by streamlining operations and settlement processes to increase transaction volumes, and the number of currencies or FX instruments available