| Problem: |
A regional bank wanted to provide foreign currency payment services for its business customers, but was reluctant to do so due to the associated cost and risk. |
| Insight: |
The risk of running a foreign exchange operation can be eliminated by having a market maker bank provide pricing and settlement services. Technology is available to enable customers to easily execute transactions online
or by phone call to local branches. |
| Solution: |
Combine technology with an executable price feed from a market maker bank to provide an automated white label foreign exchange solution for the regional bank and its customers. |
| Results: |
The regional bank was able provide another service for its customers, generating a new revenue source while avoiding the associated risk. The market maker bank also developed a new revenue source at a
relatively low cost. |
