Whether it is your client or your front office entering the details of the payment and settlement, FxOffice has a highly customizable workflow to meet your needs. The workflow will ensure that the data captured is correct resulting in a smooth straight-through-processing (STP) of payments. FxOffice has built-in Routing directories that are accessible both on the Web Portal and within FxOffice including: SWIFT, ABA, ACH, BACS, EFT, etc. simplifying routing selection to point-and-click. In addition, you can leverage the workflow engine to configure as many approvals as required based on the payment details before it is released to be processed.
FxOffice includes a vast library of bank and payment channel formats leading to third party payment integration which is simple and ready to go. The library includes the common standards like ISO20022 and SWIFT, NACHA, FED, BACS, BPAY and also includes a wide array of built-in proprietary formats. We are consistently adding to the library as required, which is straightforward and effortless.
Datasoft FxOffice is a foreign exchange software and global payments platform that offers financial institutions a completely integrated forex, treasury, compliance and payments platform.