CUSTOMER STORIES Community Bank Needed an FX Platform to Manage Positions, Reporting, and Valuations Challenge The bank needed real-time pricing and valuation tools for their FX positions, along with a full suite of monthly and ad-hoc valuation and exposure reporting.The bank didn’t have a systematic way to manage and subledger nostro/vostro account transactions of the bank and its customers.Needed to generate and manage confirmations, valuation statements, along with internal compliance/accounting reports: cashflow and journal entries from system of record. Solution The bank signed on to DerivativeEDGE to manage their FX program.DerivativeEDGE gives the bank the ability to manage multi-currency and nostro/vostro accounts, and allows for sub-ledgering for customer accounts.The bank gained access to real-time and on-going valuation tools, and automated generation of FX confirms and monthly reporting.