FXall, a foreign exchange platform, has announced a series of enhancements to Treasury Center, its suite of client relationship tools for banks.
More than 1,150 traders at 55 banks use Treasury Center, which delivers a complete solution for making prices to clients. Treasury Center works seamlessly with both proprietary and vendor rate engines, enabling dealers to provider faster and more customized prices to their clients.
Treasury Center 2.0 enhances banks’ ability to meet the unique workflow requirements of asset managers and other institutional clients, making it simple to price an entire portfolio of trades across multiple allocations, currencies and forward dates. It also adds support for new instrument types including NDFs and fixed spot swaps.
Treasury Center 2.0 also offers banks the opportunity to access supplemental liquidity on a flexible, deal-by-deal basis. When a bank is asked to provide quotes in currencies or in sizes in which they do not normally trade, Treasury Center can automatically source additional liquidity to speed price-making to customers. This new feature helps banks ensure they can offer a complete FX solution for institutional clients.
Phil Weisberg, CEO, FXall said: “Treasury Center equips banks with the advanced pricing and workflow capabilities they need to grow their business and deliver world-class service to asset managers and other institutional customers. The latest enhancements to our service further extend its ability to help banks handle their clients’ FX needs.”
Treasury Center 2.0 will be rolled out to FXall liquidity providers from next month.