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ENABLING FX DEALING IN BANK BRANCHES • Full Support for Foreign Currency Banknotes, Drafts, Wires and Travelers Cheques • Simultaneous Support For Hundreds of Bank Branches and Thousands of Tellers • Powerful Rate Engine Automatically Produces the Appropriate Price for All FX Transactions • Produces Customized Multi-Lingual and Multi-Part Transaction Confirmations in the Branches • Transaction Fees Automatically Calculated and Applied • Can Provide all Back-Office Processing, Including SWIFT Payments and General Ledger Entries • Can Update in Real-Time FX Positions, Risks and P&Ls in a Centralized Treasury Operation Overview Rate Engine Spectrum's FX Branch Portal is a web-based portal Tellers in the branches need not request an FX rate that allows banks to offer a comprehensive range of from a trader for an FX transaction, since the foreign exchange products through their branch powerful Rate Engine behind the FX Branch Portal networks. Using secure communications over the will automatically calculate and display the internet, the Spectrum FX Branch Portal efficiently appropriate price in any currency for the requested connects the FX operations of a bank's branches transaction. The Rate Engine sits behind the FX directly to the bank's Treasury Department. Branch Portal and generates the appropriate FX rate based upon the following factors: Spectrum's FX Branch Portal enables banks to easily offer customers FX services through hundreds of • The Currency being dealt branches and thousands of tellers. The FX Branch • The current Market Rates Portal provides a consistent, controlled, and secure • Buying versus Selling the Currency framework for offering FX services through a bank's • The FX Product (e.g., banknotes versus branch distribution network. drafts versus wires) • The Type of Customer (e.g., an individual FX Instrument Coverage versus a corporation) The Spectrum FX Branch Portal supports the • The Size of the Transaction processing of the following FX products in the branches: The FX Branch Portal can automatically generate • Banknotes and process the hundreds and thousands of FX pricing scenarios that result from the broad range of • Drafts currencies, products, amounts and customers that • Wires require FX services in the branches. • Travelers Cheques • Pre-paid Cards 4-February-2009 Fees A fee policy for FX transactions can be consistently • Auto-fill of country routing codes applied through the Spectrum FX Branch Portal. • Validation of SWIFT-compatible characters Fees will be automatically calculated and applied by • Look-up of Bank information that will auto- the FX Branch Portal based upon any combination fill required settlement instructions of the following factors: Multi-Lingual Confirmations • Currency being dealt Customizable, multi-lingual, multi-part • The FX Product (e.g., banknotes versus confirmations (receipts) can be immediately drafts versus wires) generated in the branches for every transaction • The Type of Customer (e.g., an individual executed through the FX Branch Portal. versus a corporation) • The Size of the Transaction Highly Secure Environment The Spectrum FX Branch Portal utilizes the latest Fees in the FX Branch Portal can be denominated in Web 2.0 technologies to deliver a customizable user any currency. experience within a secure browsing environment. Banknotes Security is assured through configurable end-to-end Buying and selling banknotes in the branches is fully encryption, two factor authentication, and seamless supported through the FX Branch Portal. Banknote integration with an enterprise single-sign-on denominations are completely customizable for all service. The FX Branch Portal leverages standard currencies. Tellers can configure a banknote order web service protocols, including SOAP and REST, based upon denominations and based upon the which provide the greatest flexibility for integration quality of the banknotes (e.g., whether the with other banking and web-based systems. banknotes have been in circulation or are new). Optional Back-Office Processing Drafts Transactions captured via the FX Branch Portal can Drafts denominated in any currency can easily be be straight-through-processed within the Spectrum produced in the branches by interfacing the Back-Office System. Trades captured via the branch Spectrum FX Branch Portal to standard draft portal can also be easily interfaced to other back- printing software. Centralized processing of drafts office systems on a real-time basis. is supported, with delivery instructions for the Transactions initiated in the FX Branch Portal can drafts and the delivery method (e.g., mail, express automatically flow into the Spectrum Back-Office, mail or courier) captured in the transaction entry where Nostro and Vostro accounts and standard screens. settlement instructions are maintained. Payments Wires may be prepared in SWIFT, Fedwire and ACH The FX Branch Portal incorporates a number of formats. Payment splitting and payment netting powerful and convenient tools to assure that are fully supported. Spectrum also contains a foreign currency wire transactions are correct and complete Treasury Sub-Ledger. All of the debit and complete. Validation tools built into the FX wire credit entries that are required for the General processing functions of the FX Branch Portal Ledger as a result of the branches' FX operations include: can be produced and stored in Spectrum and then exported to the bank's General Ledger. • IBAN and BIC validation. IBAN and BIC directories are built into the FX Branch Portal.
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