Prepare FX messages to instruct Fund Administrators, Banks and Custodians to move money between currencies.
The Module utilizes/supports SWIFT MT 300 series messages or their equivalent in proprietary formats as preferred by each counterparty.
Exchange rates are subscribed from the market from multiple providers and kept in reference data tables. The appropriate exchange rates along with pre-defined agreements with each counterparty can be deducted and applied to calculations as needed in instructions.