LCH brings automation to ForexClear

Firm collaborates with Genesis to automate exercise and options expiry

Human shaking hands with a robot
Hands off: automation increases speed of access to services

LCH has teamed up with software provider Genesis to automate the foreign exchange options expiry process within its ForexClear business, as customer appetite for smoother workflow systems grows.

An over-the-counter foreign exchange clearing service, ForexClear is one of three business lines across which LCH recently collaborated with Genesis. The project was to design, build and implement products to streamline its post-trade workflow and enable clients to engage more directly with its services

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