UnityFX has today been unveiled as a fully outsourced execution solution to consolidate operational foreign exchange requirements that may span multiple venues and providers.
Progenitor RBC Investor & Treasury Services says that through consolidating execution models, Unity FX will help global asset owners and investment managers enhance execution transparency, lower execution costs, and reduce operational and financial risks.
Mark Hogg, head of FX Product Development, Treasury and Market Services at RBC Investor & Treasury Services, said: “UnityFX has been launched in response to increased demand for delegated execution solutions, both for operational FX and currency overlay. Institutional investors are increasingly looking for tailored solutions that optimise their execution and operating models, lower costs, improve transparency and allow them to refocus on core priorities and competencies.”
UnityFX duly takes its place in a suite of integrated FX products that can be used individually or combined to help clients achieve their specific optimal FX execution model while benefiting from a global FX infrastructure and the institution’s high credit standing.