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M&T Bank Takes FSS’s Spectrum

Manufacturers & Traders Bank has installed Financial Software System’s Spectrum FX risk management and settlement system in its Buffalo, New York headquarters. The bank is using the system to integrate its front, middle and back office trading, risk management, settlement and accounting for spot, forward, swap and options transactions.

Spectrum is used to capture FX transactions, analyse profit potential and risk characteristics of FX portfolios, produce transaction confirmations and payments, and generate general ledger accounting entries.

Profit & Loss

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