FM Banknotes is an integrated platform that helps streamline the wholesale banknote business flow. The platform caters to front office, operations, accounting, shipping, vault and risk management. It enables pricing of all kinds of banknote trades (standard, cash exchange, offshore, collection, consignment, etc.) along with inbuilt user defined spreading rules, pre-deal credit limit checking and deal booking. The platform does pre-deal inventory checking for all denominations and banknote conditions and alerts the dealer accordingly in case of inadequate inventory. Net open FX positions and FX positions on a date ladder by currency and currency pair can be monitored in real time. Interbank FX trades can be booked as hedges enabling monitoring of hedged banknote portfolios.