The SMARTXchange application was developed to ensure effective management of the day to day operation of money exchange institutions. The application provides for the management of inventory maintained by traders, treasuries and bank accounts. Daily over the counter (OTC) operations of effecting trades, maintaining float balances, transferring inventory and the overseeing of and treasuries and bank account balances all made simpler by use of the application. The product facilitates multiple locations and branches and if utilized within a network environment, provides timely information on consolidated positions. The tedious regulatory processing requirements and reporting are incorporated seamlessly in the application, as users perform the function of capturing sensitive data in one effort while performing the act of effecting a money exchange.
With our newly developed SMARTXchange product, we have sought to build on the fundamental strengths laid by our current system Exchange Wizard. We have taken advantage of both the longevity and utility that our Exchange Wizard product has provided to the market over the past and coupled this with the gains to be derived from the evolution now available and the experience we have acquired being so close to the foreign exchange trading sector, in our estimation, provide a quality, market-leading product.