Endava was founded in 2000, inspired by the way that technology was becoming increasingly central to how people lived and worked.

Now with over 7000 employees located globally, they have helped some of the world’s leading companies accelerate their ability to take advantage of new business models and market opportunities.

In total, currency rates are needed between 35+ currencies, which need to be loaded into Oracle ERP Cloud to account for international transactions. Some of the countries in which they have operations require the use of official central bank rates for local statutory reporting. Therefore, there is a definite specific requirement for the source of rates, including:

• Latest market rates

• Central Bank rates from Argentina, Bosnia, Bulgaria, Colombia, Moldova, North Macedonia, Romania, Serbia, Uruguay, and Venezuela. Monthly average rates are also required.

Ideally, all this needs to be automated, with zero user intervention.

Rates Source: Endava chose Xignite, who provide authentic market rates for all tradable currencies and also provide the necessary official central bank rates for Argentina, Bulgaria, Romania, Serbia, and Uruguay. The remaining central bank rates are provided directly via FXLoader. FXLoader is the only solution that provides this combination of sources. Automation: 100% automation is provided. FXLoader populates rates between all enabled currencies overnight, so rates are available when they are needed. The process runs silently, with email alerts only if an issue occurs. Simplicity: The FXLoader Cloud Service offers a set of intuitive pages to allow configuration changes, including currencies, triangulation, rounding, and scheduling. Full support is provided. Deployment Speed: Initial configuration into a test environment can be completed in a few minutes.

Integrate market and central bank rates with ERP Cloud daily.

Configure FXLoader Cloud Service to load rates.

• 100% automated availability of the latest exchange rates

• Trusted authentic source of market rates

• Exception-based reporting of progress

• Quick and simple configuration

• Flexibility to cope with all customer requirements