Bank made all clients transactions with entities by phone, individuals could make a transaction with various financial instruments only with their personal presence at the bank

Clients will get a digital channel of online-interaction with bank

A client called the bank and reached an agreement on the exchange rate for the purchase or sale of a particular currency. In this case, the transaction was made orally and the agreement wasn’t recorded anywhere.
While the client sent foreign currency documents to the bank, the rate can change. Tracking the agreement rate and the rate in foreign currency documents is possible only visually

Clients receive information about exchange rates online. They can make online transactions with various currency instruments, negotiate transactions with a bank about the best rate, receive information about crediting currency to a cash account. Individuals can make foreign exchange transactions online 24/7.
Bank neutralizes operational, temporary and fraudulent risks by automating business processes for currency trading. The system works online, the entire history of transactions is saved, currency documents sent by the client are checked online with the transaction data. Automation of back office operations allows the treasury and bank management to track the trading process. The number of deals are increasing.

Клиенты получают информацию о курсах валют в онлайн, могут совершать онлайн сделки с различными валютными инструментами, вести переговорные сделки с банком о лучшем курсе, получать информацию о зачислении валюты на денежный счет. Физические лица могут совершать валютные сделки в онлайн 24/7.
Автоматизируя бизнес-процессы по торгам валютой, банк нивелирует операционные, временные и мошеннические риски. Система работает в онлайн режиме, вся история сделок сохраняется, в онлайн сверяются валютные документы, направленные клиентом, с данными сделки. Автоматизация бэкофисных операций позволяет казначейству и руководству банка отслеживать процесс торгов. Количество свершаемых сделок увеличивается.

Dealers and treasurers of the bank visually had track the best rate at the moment, manually calculated client rates on its basis, calculated how much to buy or sell a particular currency, and manually made transactions in trading terminals or by calling other banks or stock exchanges

System translates streams of market quotes from external trading systems, determines the best rate and the platform from which it is received, and then generates an order to buy / sell currency and send it to another trading system. A foreign exchange transaction is made in an external trading system in online mode. Bank employees only monitor the process while the different systems trade themselves. At the same time, the bank’s clients always receive the most favorable rate, because it is formed on the basis of the best market rate.
The number of transactions increases significantly.

Bank cannot transmit its currency quotes to external trading systems, as well as make currency transactions online without the participation of a dealer.

The system generates and transmits the bank’s quotes to external trading systems. At the same time, the bank earns on commission. This trading method is important for operational interactions for buying / selling national currency.

All transactions are carried out at a specific time without the possibility of performing deferred transaction

The client has the opportunity to make deferred transactions at the rate that he sets himself.

The client had to make deals strictly at a certain rate without the possibility of pending transactions

The client now has the opportunity to make pending transactions at the rate that he sets himself

У Клиента не было возможности в онлайн выставлять и перкрывать ордер в торговой системе банка на основе лучшего биржевого курса.

Клиент всегда получает  самый выгодный курс, который он сам устанавливает. Кроме того у клиента появляется еще один способ заключения сделок. Банк получает возможность зарабатывать на комиссии за выставление ордера на биржу, увеличивая при этом количество сделок на своей площадке в разы.

The client had to visit the bank and the depository several times to conclude a transaction in securities. A bank employee had to conduct a transaction in several programs in terms of: payment, accounting, posting, writing off and crediting securities to the DEPO account

The client can online make transactions with securities, make payments, monitor supply and demand from anywhere in the world

The capabilities provided by the module did not exist

The Bank has access to its DEPO account at a single point, can put securities for trading from its DEPO account, and quote them in the course of trading. At the time of the transaction, the system automatically makes payment, records the transaction and gives an order to change the balance of the bank’s and client’s DEPO account. The client can monitor the supply and demand for securities, make short-term revocable investments

The capabilities provided by the module did not exist

The client has the opportunity to buy / sell online securities on the exchange through the bank

The Treasury had to perform a number of manual operations, keep records of trading results in a separate table and constantly update the data manually

The system collects data on the bank’s foreign exchange transactions from various trading systems, uploads it to the bank’s accounting system online and updates the information online

The treasury entered data on transactions manually into the bank’s accounting system

Currency transactions made by the bank for subsequent payments are uploaded to the bank’s accounting system online

The Treasury maintained and updated the table in manual mode, visually tracked balances and limits

The system collects, calculates, analyzes and updates data online. The bank only monitors and controls the process

The client had to come to the bank to connect to the system

The client can, being anywhere in the world, independently register in the system and, upon receiving approval from the bank, start trading

Individual clients had to use personal computers to carry out trading operations

Individual clients have the opportunity to make online transactions in various financial instruments offered by the bank, to negotiate online with the bank on a favorable quotation for currency and securities using a mobile device

Clients don’t have a direct opportunity to make cryptocurrency transactions.

The client gets the following options:

Lack of automation of operations from interaction with the Client to interaction at the Treasury – Accounting level.

Full digitalization of the cycle from the client’s investment needs to accounting.
Client – Manager – Accountant = Investments in the international stock market of the Central Bank + Profit + Bank earnings + Reduction of manual and paper transactions + Efficiency.