Case Study

GTS-Retail elevates efficiency and compliance across Zambia’s bureau de change sector

GTS-Retail elevates efficiency and compliance across Zambia’s bureau de change sector

Pages 5 Pages

The global leader in currency trading technology www.imxsoftware.com CASE STUDY GTS-Retail elevates efficiency and compliance across Zambia’s bureau de change sector IMX Software has completed the rollout of a centralized, real- time system that allows the Bank of Zambia to monitor foreign exchange transactions processed by all licensed bureau de change operators across the country.The client The Bank of Zambia, the central bank of the Republic of Zambia, strives to achieve price and financial system stability to foster sustainable economic development. Among its other responsibilities, the Bank of Zambia licences and regulates the country’s foreign exchange retailers, including Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) supervision. The challenge The bure

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