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Profile Software launches Acumen eFX to improve FX risk management

Source: IBS Intelligence
Financial solutions provider, Profile Software, announced the launch of Acumen eFX solution in a bid to support banks’ agents, branches, digital channels and clients to access and manage their FOREX risk quickly. Acumen, the Treasury Management platform, aims to help treasurers and clients to manage risks and integrate with existing banking platforms.
According to the supplier, the new solution can either be implemented as a stand-alone or as a part of the treasury platform. It can be deployed on-premises on in the cloud. The customer will be able to benefit from all the functionalities needed on a single platform, UI-supporting omni-devices access and API-enabled connectivity. The platform will enable the addition of new features, offer a dashboard with required instruments to the user and facilitate the management of multiple exchange rate feeds to customers.
Profile Software stated that Acumen eFX comprises features including the support of FX spot and FX forward, real-time FX rates, automatic dealing, request for quote including Timer, position summary with client blotter, customer FX position monitoring and 360-degree client view offering full automation of processes, etc. It is an end-to-end solution for clients and sales desk that aims to promote digital transformation strategy for banks along with the improvement of client experience and client trades & productivity.
Recently, the company announced that its omnichannel and web-based investment management system, Axia was selected by Athens-based mutual funds company, 3K Investment Partners.
Founded in 1990, Profile Software is an international solutions provider for the Banking and Investment Management industry. The company has a presence in Europe, the Middle East, America, Asia and Africa delivering innovative solutions to both start-ups and established banking & finance institutions, through direct communication or a reliable partners network.
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