Broadridge FXL’s Payments solution supports global payments, foreign exchange dealing, and cash management.
Our solution offers many benefits including:
Foreign Exchange Dealing
Front-to-back processing solution for all types of FX instruments, Spot, Forwards, Swaps, Window (Time option) Forwards as well as Market, Limit and Stop-Loss orders, including the ability to enter back-to-back transactions.
A robust solution to centralize the management of payments including configurable work‑flows, approvals and payment release processes, providing you with full trade life-cycle management and the ability to maximize STP.
Monitor real-time intra-day cash positions on both actual and projected balances for internal and external cash accounts, enabling informed, effective and accurate funding decisions from real-time visibility of unsettled transactions.
Client Web Portal
Provides clients with Request-for-Quote, payment and confirmation processing and reporting capabilities.
Reconciliations and Exception Management
SWIFT-accredited reconciliations validate, enrich and match transaction or position data throughout the entire financial transaction cycle, for any type of financial instrument across all internal systems and external agents.
Gateway to the Global SWIFT Network
A seamless two-way interface between any host system and the SWIFT network, featuring automated message generation, reply processing, communication and advanced workflow control for trade initiation, confirmation, securities, treasury, payments, corporate actions, statements and proxy voting.
Explores ways broker-dealers must improve operations to navigate fixed income market risks.