Foreign Exchange

As with everything in Orbit, the goal is simplicity, control and automation.

• From exposure capture to trade confirmation and warehousing, Orbit provides you the confidence that your FX position is clearly visible and effectively managed.
• Full integration with the Cash module ensures the cash and accounting impact of all FX trades are automatically captured and reflected in the cash ledger, forecast and journal entries.
• Easily capture exposures from anywhere on the globe with both an Internet connection via our secure cloud technology, or via Orbit HF, a powerful lite version of our FX module deployed at field unit sites

Orbit’s FX Plus core benefits include:

• User friendly exposure capture, trade generation, reporting and search capabilities
• Mark-to-Market valuations
• Streamline workflow and reduce errors by eliminating spreadsheets, manual processes & redundant efforts
• Easily view current and historic trade inventory and positions
• Robust yet nimble reporting capabilities
• Seamless interface with payments & cash modules
• Automated GL accounting entries
• Automated settlement planning
• Sophisticated pooling capabilities ensure all natural hedges are leveraged and maximizes in-house banking effectiveness
• Automated true-up trade generation
• Orbit’s inter-company functionality allows you to easily hedge inter-company balances and track funding requirements
• Spot, forward and option contracts supported
• Strengthen internal controls, including SOX compliance, with separation of duties that reflect your internal processes (i.e. trade input, review and approval), simplifying and ensuring compliance with approved corporate policies
• Settlement tools include comp/roll & net/split
• Full integration with your trading, confirmation and accounting platforms (Capella, FXall, 360T, Bloomberg, Misys and others)

With Orbit managing and tracking your data, you spend less time collecting, inputting and formatting reports, and more time analyzing data, allowing you to respond to events quickly and recommend new ideas more often.