FXall, the online foreign exchange trading platform, and XRT, a software firm, today announced the integration of FXall’s online platform with XRT’s Treasury Management solutions. This strategic partnership enables corporate treasury customers to benefit from the fastest and most accurate pricing from 39 fully integrated banks within a solution that automates the entire financial transaction chain.
“FXall allows XRT clients to achieve the benefits of fully automated processing without expensive installation or software costs. This is radically improving our customers’ efficiencies in their trading and hedging operations, and has a direct positive impact on their bottom line. And that is what Financial Value Chain management is about: diminishing risk factors linked with commercial transactions, reducing processing costs, improving client and supplier relations and improving working capital management,” said Christian Tessier, Executive Vice President – Strategic Marketing, XRT.
For more than 18 years, XRT has provided leading financial management tools and services in 55 different countries. XRT is the partner of choice for thousands of enterprises and more than 120 financial institutions and market places who have been won over by XRT’s responsiveness to current needs, as well as to demands for future technical and e-business innovations.
To rapidly expand end-to-end integration with the widest range of participants, XRT has joined FXall’s Partner Channel Program. FXall Partner Channel is a leading solution for straight through processing integration, currently linking more than 35 different treasury management systems with the FXall platform.
“We are delighted to welcome XRT to Partner Channel” said Jack Lemonik, Chief Technology Officer of FXall, adding, “As an open platform, we are committed to quick and easy integration for all participants – regardless of which treasury management system they use. Such a comprehensive approach to integration is the hallmark of a true industry solution.”