Nedbank takes Reuters’ web OMS

Used to handle orders from the bank’s internet dealing system nedtreasury, the system automatically updates forex orders placed by the bank’s customers from their desktops to the Reuters order management system (OMS) used by Nedbank’s dealers. Clients may view the status of each order, adjust or change them and view the history of all orders placed.

Reuters has 25 banks now using its OMS to manage their FX limits internally. Nedbank is the first to extend the service to its customers following