FXLoader Cloud Service

FXLoader Cloud Service to load FX rates into ERP Applications

ERP applications with multi-currency features require currency exchange rates to be entered or loaded into the application. These are often daily rates for transaction conversion and period end/period average for accounting functions such as revaluation and translation.

The FXLoader Solution

FXLoader Cloud Service provides a fully automated interface to load rates from leading sources into ERP applications. Set it up to run on a schedule you choose and it will load rates in the background – no user action or checking is required.

FXLoader Cloud Service is a separate cloud application, built on Oracle’s Platform as a Service (PaaS). Configuration is set up in this application; a scheduled process then gets rates from your chosen source(s) and loads them into your ERP Application. Rates are loaded as the final step, using the supported web services.

FX Loader Cloud Service Demo – Configure in under 3 minutes

Currency rates are a small part of any application implementation and we believe they should just ‘be there’ – always available, always accurate.

Our primary goal is to make FXLoader Cloud Service as quick and simple as possible to configure.

There are plenty of options to cover how you prefer to load rates (sources, currencies, dates, etc.) but as long as you know what you need it can be set up and running in 30 minutes.

We provide configuration pages on our cloud platform (Oracle PaaS) which you can use yourselves, or we can configure for you. Most often, the initial set up is done together.

Watch this demo to see just how easily FXLoader can be configured.

Rates Data Source

FXLoader loads rates from OANDA, Xignite, Reuters, xe.com, 50+ central banks including the European Central Bank (ECB) and UK HMRC (UK tax authority). Choose your rates source, or even use more than one, to load into different rate types for use in different parts of your organization.

OANDA is one of the most trusted sources of currency data. FXLoader are OANDA partners and provide their exchange rates service as part of the FXLoader subscription. The service provides daily market rates to every tradable currency, and central bank rates with their Advanced Plan.

Xignite provide the Market Data Cloud on their enterprise-class delivery platform. Their currency rates service provides market rates to every tradeable currency, and a number of central banks around the world. FXLoader are Xignite partners, enabling us to provide their service as part of our subscription.

Xe is a well-known and trusted source of mid-market exchange rates, covering every trade-able currency. They use 100+ international sources, filtered for errors, to ensure their currency data reflects accurate global rates.

open exchange rates logo

Open Exchange Rates provide a low-cost yet reliable source of mid-market rates, covering every tradeable currency.

refinitiv-logo

Refinitiv is the new name for Reuters when it comes to market data. Their DataScope Select service (DSS) is integrated into FXLoader to provide access to Refinitiv currency rates data; market rates and central bank rates. You will need an account with Refinitiv that includes DSS.

bloomberg-logo

The Bloomberg Hypermedia API service (HAPI) is used by FXLoader to automate access to Bloomberg currency rates, including market rates and central bank rates. You will need an account with Bloomberg that includes HAPI access.

The ECB publishes Euro rates to 33 major currencies. FXLoader can triangulate these rates to provide rates based on USD, or any other currency combination. This is a free source, yet we have found it to be as reliable and authentic as any paid source, for the currencies covered.

FXLoader provides official central bank rates for a large and growing list of countries. These are often needed for statutory reporting in some countries, such as Mexico, Brazil, other countries in Latin America, parts of Europe and many others.

ERP Applications

FXLoader Cloud Service supports loading currency rates into:

oracle-fusion-applications

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oracle-peoplesoft

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Key Features of FXLoader Cloud Service

Built on Oracle’s robust and reliable Platform as a Service cloud platform

Integration with rates providers and ERP Applications via fully supported web services

Market and Central Bank rates are available

Optional built-in triangulation to derive cross rates

Use the most trusted rates sources

Ability to populate legacy currency codes from current currencies, e.g. MXP from MXN

Robust failure handling including automatic re-tries

Set up email notifications for all runs, or on an exception basis

Choose any frequency and timing of run, to load into any date or range of dates

Choose Bid, Ask or Mid-point market rates and flexible rounding options

Daily Rates available, plus Period End, Period Average, QTD Average and YTD Average

Request a call back or 30 day trial

FXLoader has been a tremendous addition to our Oracle ERP configuration. It runs seamlessly each night loading 500 + currency pairs.
Kevin Brownlie, Sr. Director, Information Systems, Hologic
I really did appreciate your quick responses and willingness to work with us on our schedules and within our processes!
Business Analyst, Silicon Graphics
FXLoader has been supportive and nimble over the last 3 years of our partnership. We have scaled to different geographies and FXLoader has responded rapidly to our needs for adding different currencies often. Thank you!
Steven Amaya, VP Finance, TaskUs
The setup was super quick and hassle-free, but the thing that impresses me most is the on-going support that FXLoader offers. I wish more companies were as efficient as this.
Marnus Oelofse, MIS Manager, Liberty Health Holdings
FXLoader keeps all our FX rates up to date, every day from the sources we need. It should be an automatic choice for anyone using Oracle ERP Cloud.
Dee Marwaha, Head of Financial Operations, Perform Group
The interface is working very well – we have encountered no issues since enabling.
Chadd Fowble, Manager, Datacard Group
The fast and easy set up, coupled with first class customer support easily makes FXLoader the best choice for Oracle Cloud Applications.
Paul James, Oracle Application Manager, Perform Group
The FXloader is a great tool to have and the implementation process was also a breeze.
Geetha Arumugam, Finance Director, EZYPAY
This is a big win for our Finance team. Not only will this save time every month; but is a key process improvement for our SOX initiative
Finance Business Analyst, a large US software company
we loved your product – it worked beautifully
Russell Taylor, Business Analyst, Vignette
FXLoader has worked out absolutely great for SIM. It is an extremely easy and seamless integration. Setup took less than 15 minutes. Customer Support is superb compared to any other Vendors I have dealt with. The team is also very proactive, which is absolutely amazing! Best currency exchange rate application I have used to date.
Asma Erum, Manager: Business Intelligence & Analytics, SIM Group
The product was very easy to implement. It runs without issues.
Bill Wilcox, Senior Oracle Applications Consultant, Uponor
Your help during implementation was incredible and I will always recommend your product and support. Lack of failures and problems tells everything – we are very satisfied.
Karol Kalinowski, Senior Enterprise Application Engineer, GE Healthcare
FXLoader is running great and doing exactly what we need. It is working perfectly…we are glad we found it.
Katie Mayer, Senior Manager, Global Cost Analysis, AAM – American Axle & Manufacturing
I think it is a brilliant product. Installation and implementation process are superb and very quick.
Johan Van Heerden, Head Finance Systems, Atlas Mara
FXLoader has been a great tool that has saved us time and error-proofed our processes. Your team has been outstanding, the implementation was seamless, and I am overwhelmingly pleased with the results we are seeing!
Annetta Story, CPA, CFE, Accounting Manager, AOC, LLC
From my end the implementation couldn’t have been any easier! Your customer service and support are absolutely superb.
Dianne Waldman, Jukin Media
Honestly, this was the easiest system installation we have. I am really glad that we found you.
Finance Analyst, International Data Center Solutions Provider
I’ve been very happy with the product, it is a very well thought out design and has everything we need. Implementation was also very easy and quick.
Brandon DeSalvo, Senior Manager Accounting, Costar Group
FXLoader has been working seamlessly in our Cloud Fusion environment for almost three years. They are very responsive to any issues or failures (which are rare) and normally have them resolved before we feel any impact.
Patrick McCormick, VP Business Applications, Highgate Hotels
I have to say that FXLoader was by far the "easiest" ERP process I've come across. It's a no-brainer!
Bernard Rojo, Artesyn Embedded Technologies
I have used the application since my first day in the Oracle Cloud and it works perfectly. I also get excellent service.
Shlomo Elnekave, Global ERP Manager, OTI
FXLoader is doing a great job. Your company has also be very proactive in identifying and resolving any issues (which has been rare). It was one of the easiest/fastest integrations as well.
Margery Mei, Boston Biomedical
After talking to our finance team the feeling on FXLoader is “It just works”.
Kevin Brownlie, Sr. Director, Information Systems, Hologic
The product is working as it was promised and the implementation process was very smooth and issue free. You guys have excellent customer service.
Susan Meadows, Treasury Manager, Graduate Management Admission Council® (GMAC®)
We’ve been very satisfied with the service we are getting from FXLoader. The interface works extremely well. If all of our software partners behaved this way, we will be in a much better place. I now appreciate our partnership even more.
Roy Dilig, Director of IT, Bal Seal Engineering