Currency Exchange
Currency exchange logic connects accounts, FX rates and accounting so cross-currency flows are handled consistently. Institutions can apply their chosen FX sources and rules while ensuring that balances and postings remain accurate.
Key Points
Use of Reference FX Rates
Consume FX rates from internal treasury systems or approved external sources and apply them consistently across relevant operations.
Configurable Conversion Rules
Define when FX rates are taken, how rounding is handled and how conversions affect customer balances and internal positions.
Accounting Impact
Provide the data needed to reflect FX-related gains, losses and revaluations within the accounting framework, in line with internal policy.
FAQ
Short answers to how Arkam Core fits into your architecture, security model and roadmap.
Arkam connects accounts, reference FX rates and accounting so cross-currency flows are handled consistently. Conversions follow configurable rules to keep balances and postings accurate.
Yes. Arkam can consume reference FX rates from internal treasury systems and apply them consistently across relevant operations.
Yes. Where required, Arkam can consume FX rates from approved external sources, governed by your institution’s policies and controls.
Arkam supports configurable conversion rules, including when the FX rate is taken (for example, at initiation or execution), so the institution can align rate timing to policy and operational requirements.
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