FX Transparency’s service allows us to establish mutual trust with our FX counterparties and external managers.
I highly recommend this service for any asset manager who needs to report all the attributed costs of an international equity trade.
Implementing FXT allowed us to save more money in one month than the service cost for the year.
This platform ensures our compliance requirements for Best Execution in FX are being met on an on-going basis.
We can manage all our sub-advisors FX activity through a single monthly report that highlights execution quality by ranking performance versus relevant peers.
Because FX mark-ups are not disclosed fees, we use this service to calculate how much we are paying our banks. This knowledge helps us negotiate for better terms.