How 360T EMS Reduces Manual FX Handoffs Across SAP Treasury Workflows

360T is Deutsche Börse Group’s global FX unit, and its execution management system (EMS) is built to integrate into treasury management system (TMS) and order management system (OMS) workflows. The persistent friction sits between those systems. Teams re-key trade data by hand from the execution venue into the SAP TMS, a step that invites error.

Manual FX Workflows Break SAP Treasury Operations

Manual re-keying of FX trade data carries a cost that surfaces downstream. Every manual transfer between the execution venue and the SAP TMS introduces a chance for mismatched figures, and those errors ripple into settlement and reconciliation. 360T’s EMS automates inputs into the TMS to remove that repetitive handling.

Corporate treasurers sit at the center of this problem. They manage market, counterparty, and price risk alongside liquidity needs that stretch across asset classes. Manual workflows leave that mandate exposed, because a single re-keying slip can distort a position or delay settlement. 360T serves corporate treasurers as one client segment, alongside institutionals, banks, brokers, and liquidity providers.

360T EMS Connects Execution Into SAP TMS

360T’s EMS is a configurable execution management system that integrates into OMS and TMS workflows. Once connected, it applies rules so FX trades execute and book without duplicate manual entry, handling routing and recording as a single flow.

The automation runs on bespoke rules tied to specific trade attributes. A desk can set auto-execution logic against notional amount, fund, currency pair, value date, and deal type. Smart order routing then moves each order under predefined permission-controlled parameters, which keep operational risk and internal compliance inside set boundaries.

360T Portfolio Builder adds another layer by identifying netting opportunities across a book. Fewer external deals mean lower settlement costs, since offsetting positions get matched internally before they reach the market. 360T has walked through this kind of end-to-end workflow automation in a workshop using the example of Zalando and SAP.

Automation Lowers Risk and Supports Compliance

360T’s EMS reduces operational risk and increases control through a customizable rules-based system. Removing the manual re-keying step takes out the most error-prone part of the workflow, leaving a path where trades flow under parameters the desk defines.

Compliance sits inside that same flow. The EMS carries modules that support regulatory obligations such as the Markets in Financial Instruments Directive II (MiFID II) Code of Business Sourcebook, the rulebook governing conduct and best-execution duties. Built-in transaction cost analysis (TCA) measures execution quality against benchmarks, and Executable Streaming Prices (ESP) capture is stored in the cloud, giving desks an audit trail without a separate reconciliation exercise.

Straight-through processing holds across the chain. Cross-currency netting, order and risk splitting, and post-trade allocation each run without breaking the automated path from execution to booking.

What This Means for SAPinsiders

• FX execution moves into treasury automation stacks. Corporate treasuries increasingly link trade execution directly to enterprise resource planning (ERP) and treasury systems to cut manual handoffs. Comparable finance teams are prioritizing straight-through processing to reduce re-keying errors and free staff for higher-value work.
• Compliance shifts into the execution workflow. Regulatory obligations under MiFID II push firms to embed best-execution and reporting controls at the point of trade. Leading desks are adopting integrated TCA and audit-ready workflows rather than reconciling compliance data after execution.
• ERP-connected trading reshapes vendor buying decisions. Buy-side integrations, including the expanded 360T and SimCorp partnership, signal demand for platform connectivity over standalone tools. Organizations modernizing ERP and treasury systems are weighing execution partners on how cleanly they connect into existing infrastructure.