Integration of Electronic Foreign Exchange Trading and Corporate Treasury Systems with Web Services

Autor:	Remigiusz Wojciechowski, Christof Weinhardt, Hong Tuan Kiet Vo
Rok vydání:	2005
Předmět:	Commerce business.industry Multinational corporation The Internet Business Web service computer.software_genre Foreign exchange risk Foreign exchange market Electronic trading computer Treasury Market liquidity
Zdroj:	Wirtschaftsinformatik 2005 ISBN: 9783790815740 Wirtschaftsinformatik
Popis:	Hedging foreign currency risk is a central task for treasuries of multinational corporations. Traditionally, it has strongly relied on voice-based broking. With the advent of Internet technology, online platforms for foreign exchange trading emerged offering corporations a single point of access to the liquidity of a global market. However, online marketplaces only become truly valuable if seamlessly integrated into the corporation’s hedging process. This paper evaluates the strengths and weaknesses of multi-bank online marketplaces, identifies the demanding and complex integration challenge and presents a Web Services-based straight-through processing implementation as a manageable approach to integrate online marketplaces and corporate treasury systems1.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::96fc581b6cf093e5afebc4f7f0eeb92c https://doi.org/10.1007/3-7908-1624-8_25 Zobrazit plný text záznamu