Protect and Grow Client Relationships with Greater Control of FX Payments and Nostro Accounts
Take direct control of core FX flows and nostro accounts while continuing to work with correspondent banks and liquidity providers where they add value.
No Need to Choose Between Correspondents and Independence
TrueNostro, the joint solution from Baton Systems and Derivative Path, combines direct nostro management, real-time operational control and flexible liquidity access in one coordinated model.
It’s been designed to provide regional and mid-sized banks with a practical way to improve liquidity efficiency, capture more value from existing FX flows and take greater control without the cost and operational burden of building independent infrastructure.
- Protect and grow valuable client relationships
- Capture more value from FX flows
- Improve liquidity efficiency and funding precision
- Gain greater control over FX payments and nostro accounts
- Use your own BIC with embedded SWIFT connectivity
DIRECT CONTROL where it matters most. FLEXIBILITY where it counts.
Why Regional Banks are Rethinking FX Payments and Nostro Accounts
Commercial clients expect competitive pricing, better payment visibility, faster issue resolution and broader multi-currency support. But many regional and mid-market banks still rely on single-provider models that limit control over pricing, FX payments, liquidity access and visibility across nostro accounts.
As volumes grow, this model becomes harder to sustain. Limited intraday visibility drives overfunding and trapped liquidity. Manual reconciliation and fragmented workflows increase operational effort. Ultimately, dependence on correspondents slows response times and makes it harder to price competitively, protect client relationships and scale profitably.
Request a Meeting
Discuss how TrueNostro could support your bank’s FX model and growth plans.
- Built for regional and mid-market financial institutions
- Works with existing infrastructure and correspondent relationships
- Embedded SWIFT connectivity with own BIC and SWIFT gpi tracking
What Banks Can Control with TrueNostro
TrueNostro expands control across the FX lifecycle, from pricing, spreads and liquidity access through to FX payments, settlement and reconciliation. It enables banks to manage core currencies and nostro accounts more directly, with stronger control over balances, payment flows and how payments are released, while preserving correspondent and liquidity-provider relationships for broader coverage needs.
Protect valuable
client relationships
Deliver more competitive FX services with improved pricing flexibility, payment visibility and faster issue resolution.
Compete more effectively
on price and execution
Access multiple liquidity providers, capture more value and strengthen payment governance.
Improve liquidity efficiency
across nostro accounts
Use real-time visibility into balances, positions, queued payments and exposures to fund more precisely and reduce excess balances.
Scale without
operational drag
Reduce manual reconciliation, improve workflow control and scale without friction.
Institutional-grade Capabilities, Built for Regional Banks
- Derivative Path trusted by 300+ institutions
- Baton supports 7 of the 9 largest western G-Sibs
- Cloud-native, API-first architecture
- Embedded SWIFT connectivity
How TrueNostro Works
TrueNostro combines Derivative Path’s flexible liquidity access with Baton’s real-time operational control in one coordinated model.
- Derivative Path expands pricing and liquidity access: Access multiple liquidity providers, real-time FX pricing, spread management, compliance integration and white-label execution capabilities.
- Baton delivers real-time operational control: Gain visibility across nostro balances, intraday positions, exposures, settlement activity and payment flows with automated reconciliation and configurable controls.
- Embedded SWIFT connectivity gives banks more direct payment control: Use your own BIC code, track payment status through SWIFT gpi and control how and when payments are released without building your own SWIFT connectivity.
- Together, TrueNostro supports the full FX lifecycle: Coordinate pricing, liquidity, FX payments, settlement and reconciliation across the currencies and flows your bank chooses to control directly.
Built for Incremental Adoption
TrueNostro is designed to work alongside existing systems, workflows and correspondent relationships as an additive model, not a wholesale replacement. Banks can start with core currencies and high-value flows, then expand over time as commercial priorities and operational requirements evolve. This approach reduces implementation risk, avoids unnecessary disruption and creates a more practical path for regional banks keen to scale FX and multi-currency capabilities.
See How TrueNostro Could Fit Your Bank’s FX Model
Strengthen client service, improve liquidity efficiency and take greater control of FX payments and nostro account management with a model designed for how regional banks need to operate today
Frequently Asked Questions
Q: When does a bank typically need a solution like TrueNostro?
A: Usually when their current correspondent-led model starts to constrain pricing flexibility, liquidity access, payment visibility, operational scalability or their ability to retain and grow valuable client relationships.
Q. Does TrueNostro replace correspondent banking relationships?
A. No. The model is designed to preserve correspondent and liquidity-provider relationships where they add value, while giving banks more direct control over core currencies and flows.
Q: How does TrueNostro make direct nostro account management more practical?
A:It combines real-time visibility, automated reconciliation, workflow control, monitoring and embedded SWIFT connectivity in one coordinated model, reducing the operational burden that has historically made direct nostro management difficult.
Q: Does this require a major transformation project?
A: No. The solution is designed as an additive overlay that works with existing systems and workflows. Banks can start with core currencies and high-value flows, then expand over time.
Q: How is TrueNostro different from other FX and multi-currency solutions?
A: TrueNostro combines flexible liquidity access with Baton’s real-time operational control in a hybrid model designed specifically for regional and mid-market banks. This gives institutions greater control over pricing, payments, liquidity, and nostro operations without requiring a full independent build.
Q: Do banks need significant internal resources to operate TrueNostro?
A: No. TrueNostro is designed to reduce operational burden through automation, real-time visibility, and improved workflows, helping banks scale FX and multi-currency services without significantly increasing headcount or operational overhead.
Q: Why is gaining greater control over FX flows and nostro accounts now becoming a priority for regional banks?
A: Client expectations are increasing, competition is intensifying and the limits of the traditional correspondent model are becoming more visible as FX volumes grow. At the same time, real-time visibility, automation, and integrated connectivity have made greater control more practical than before.
