In today’s global financial environment it is important for financial institutions to have access to a system that allows users to manage accounts in any currency. Advisors that can trade foreign currency and provide in depth analysis of cross currency portfolios increase their competitive advantage over their rivals. As a result, firms attract new accounts by increasing international exposure and adding value. FIN users are able to view portfolios in native currencies and US Dollars simultaneously and have the ability to generate monthly statements, calculate performance, attribution, working appraisal, gains and loss and many other reports by country, currency, industry and security. In addition, users can offer multiple cash offsets based on currency exposure.
The advantage of using FINGPS is that currency conversion data is retained in the system for accurate reporting of historical data. Billing may be done in any combination of currencies depending on the needs of the client. System support for new currencies can be initiated as long as conversion factors are readily available.
FINGPS’s Relationship Management Team conducts routine best practices analysis to create efficiencies that enhance the user experience. www.fingps.com
Financial Information Network, Inc. (818) 782-0331 email@example.com