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OXTRADE
(Off-Exchange
Currency
Trading
system) |
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Many
foreign
exchange
businesses
have
trading
applications
that are
outdated,
inflexible
and
inefficient.
This
results
in
exorbitant
cost to
maintain
the
current
environment
and
limits
its
ability
to meet
the
growing
trade
volumes,
rapid
response
to
market
changes,
up-to-the
minute
reporting
on every
element
of the
business. |
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The
reconciliation
of the
currency
position
between
front
office,
back
office
and with
counter
parties
is a
major
issue,
leading
to the
non-availability
of
up-to-date
currency
holding
position.
Fund
management
and
running
the
business
at
optimum
level is
a major
challenge. |
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Need of
the hour
is a new
way of
business
operation
that
will
help to
adapt
and
thrive
in an
environment
of
continuous
change.
Which is
why
financial
services
companies
need
OXTRADE,
an
application
that can
encapsulate
the
business
functionality
in a set
of
discrete
services
that
will
allow
the
processes
to be
changed
without
impacting
the
business
functionality. |
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The
information
in
OXTRADE
is
updated
instantaneously
as the
transactions
happen
in the
front
office.
This
provides
up-to-the
minute
reporting
on every
element
of the
business,
such as
purchasing
activity,
stock
holding
and
profitability. |
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Due to
centralized
nature
of the
system,
any
front
office
can
respond
rapidly
to any
changes
in the
market.
OXTRADE
is a
genuine
24/7
system,
delivering
a
thoroughly
robust
and
dependable
service. |
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| OXTRADE BENEFITS |
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Real-time reports |
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Rapid market response |
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Ability to handle growing trade volumes |
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Increase on sales |
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Saving in staff
cost |
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Operational
efficiency |
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