'NewERA', the solution for foreign exchange rate management.
Viseca Card Services has commissioned another software solution from Sowatec based on the rules-based application framework arregulo.
The new foreign exchange rate management solution has the task of analysing daily foreign exchange rates from various sources, defining courses in a comprehensible and auditable manner and approving them for the operational clearing systems after a multi-stage review and approval process.
The audited and approved foreign exchange rates are transmitted daily for foreign currency transactions in the card currency to the central host system. At the same time, the released courses will be published on various internal and external Viseca platforms.
"NewERA" enables Viseca Card Services continuous process control and transparency through multiple checking and approval mechanisms as well as complete documentation and traceability of all user interactions and changes.