Netting

Challenge

Internal resources are stretched in dealing with global operations and acquisitions of an $18 billion turnover corporation and would like to focus attention away from routine operations and more on the strategic demands of the business.

FTI Treasury Solution

FTI Treasury provides a fully inclusive turnkey netting solution that includes the netting system, the outsourced administration of the netting process and the implementation set-up or migration.

The solution includes:

• State-of the-art Coprocess Netting system
• Automated and manual data entry capability
• User administration, support and training
• Maintenance of participant SSIs on Coprocess
• Netting administration including managing the calendar and the netting cycle
• Reporting and statement issuance to participants
• Preparation of FX exposure position, FX execution and  confirmations
• Preparation and processing of payment file
• Delivery of information for accounting purposes.

Client Benefits

Transfer of a routine activity to a party with significant expertize and experience in his are.

Satisfied that the netting process is managed effectively and comfort from a ‘safe pair if hands’.

Cost savings achieved from bidding out the FX to our group of relationship banks.