Overview
Forex Management application for Your Business
Systematic Data Management (SDM) is designed to simplify your foreign exchange management, providing a comprehensive solution for both import and export businesses.
Core Solutions
- SDM is a comprehensive application designed to track and manage various foreign exchange (Forex) forwards booked across multiple banks for import and export activities, offering an organized and streamlined method of tracking forex transactions. By using SDM, businesses can ensure that their Forex forwards are consistently monitored.
- Managing Forex forwards manually across multiple banks can be a cumbersome and error-prone process, especially if the business is dealing with a large volume of transactions. This is where SDM comes into play, providing businesses with an application consolidates all Forex forwards into a single view. SDM maintain an accurate and real-time record of their Forex positions and make data-driven decisions that can mitigate currency risk.
- SDM also helps manage a business’s unhedged foreign currency exposure by using a natural hedge principle, thereby minimizing exposure to currency fluctuations. SDM ensures that these natural hedges are tracked and optimized, which can effectively reduce currency fluctuation risk.SDM achieves this by fetching data from relevant sources. The automated data retrieval process minimizes the risk of human error that can occur when manually updating reports, ensuring that businesses are always working with reliable information and can make informed decisions quickly, allowing them to capitalize on favourable exchange rate fluctuations in the market. SDM provides businesses with a clear overview of all upcoming Forex forward maturity dates
Key Features
SDM helps streamline the process, giving you the tools you need to manage your Forex transactions efficiently and effectively.