CMSは、Bloomberg社がFXGOの一環として提供する電子照合プラットフォームであり、外国為替取引における約定内容の確認をオンライン上で完結させることができます。本システム導入により、これまで紙面で行っていた照合作業を、電子プラットフォーム上で自動照合できるようになり、業務効率化ならびにペーパーレス化に寄与します。当事者間の確認プロセスが自動化されることによって、当社における実務処理の遂行が合理化されると共に、作業ミスの削減及び業務コストの低減を図ります。 The electronicization of CLS settlement and reconciliation processes contributes to improving fund efficiency and streamlining operations.
Starting from November 2024, the company will implement the foreign exchange trade settlement solution 'CLS Settlement (Continuous Linked Settlement)' and the 'FXGO Reconciliation Settlement Service (FXGO-CMS)' provided by Bloomberg, aiming to improve fund efficiency and streamline business processes.
CLS Settlement.
It is a simultaneous settlement service for foreign exchange transactions provided by CLS (note). It allows for the consolidation of settlements that were previously conducted individually by each trading financial institution, aimed at reducing settlement risks in foreign exchange transactions and improving fund efficiency through netting settlements.
The company will utilize the 'CLS Bank Settlement Third Party Service' provided by Mitsubishi UFJ Bank to enhance business efficiency and fund settlement efficiency through netting settlements of foreign exchange transactions with multiple financial institutions.
Image of the settlement transactions before and after implementation.
FXGO-CMS.
CMS is an electronic matching platform provided by Bloomberg as part of FXGO, allowing online confirmation of the details of currency exchange trades. With the introduction of this system, matching tasks that were previously done on paper can now be automatically matched on an electronic platform, contributing to increased operational efficiency and paperless operations. By automating the confirmation process between parties, the execution of practical processing in the company is streamlined, and it aims to reduce errors and lower operational costs.
The company will continue to flexibly respond to changes in the times, proactively introducing cutting-edge technology and IT systems, aiming for improved operational efficiency and enhanced cost competitiveness.
(Note) CLS was established in 2002 with the cooperation of major authorities and market participants in the foreign exchange market and provides services such as CLS settlement and CLSNet for the foreign exchange market. It is designated as a critical financial market infrastructure essential for the smooth operation of the foreign exchange market.
