System and method for conducting web-based financial transactions in capital markets

One or more computer-readable storage media including instructions that, when executed by one or more processors, cause the one or more processors to provide electronic price quotes for transactions involving exchanges of financial instruments in different currencies between a corporate server and one or more bank servers, by performing the steps of:

• (a) receiving, at a regional bank server, a first request for price quote message for a transaction involving a particular currency pair from the corporate server, wherein the first request for price quote message is received via a first software application, and wherein the first request for price quote message is in a first eXtensible Markup Language (FinXML) format associated with communications via the first software application;
• (b) converting, via a connect processor associated with the regional bank server that is included in the one or more processors, the first request for price quote message to a first Java object associated with a second software application and determining that the regional bank server is not configured to trade in the currency pair;
• and
• (c) in response to determining that the regional bank server is not configured to trade in the currency pair, then:
• (i) transmitting, via the first software application, a second request for price quote message for the transaction involving the particular currency pair from the regional bank server to a money center bank server, wherein the second request for price quote message is in the FinXML format,
• (ii) receiving, via the first software application, a second price quote message from the money center bank server to the regional bank server, wherein the second price quote message is in the FinXML format, and
• (iii) transmitting, via the first software application, a third price quote message from the regional bank server to the corporate server based on the second price quote message, wherein the second request for price quote message is in the FinXML format, and the third price quote is associated with a different price quote than the second price quote message.

A system, comprising:

• one or more memories a that include instructions;
• and
• one or more processors that is coupled to the one or more memories and, when executing the instructions:
• (a) receives, at a regional bank server, a first request for price quote message for a transaction involving a particular currency pair from the corporate server, wherein the first request for price quote message is received via a first software application, and wherein the first request for price quote message is in a first eXtensible Markup Language (FinXML) format associated with communications via the first software application;
• (b) converts, via a connect processor associated with the regional bank server that is included in the one or more processors, the first request for price quote message to a first Java object associated with a second software application and determining that the regional bank server is not configured to trade in the currency pair;
• and
• (c) in response to determining that the regional bank server is not configured to trade in the currency pair, then:
• (i) transmits, via the first software application, a second request for price quote message for the transaction involving the particular currency pair from the regional bank server to a money center bank server, wherein the second request for price quote message is in the FinXML format,
• (ii) receives, via the first software application, a second price quote message from the money center bank server to the regional bank server, wherein the second price quote message is in the FinXML format, and
• (iii) transmits, via the first software application, a third price quote message from the regional bank server to the corporate server based on the second price quote message, wherein the second request for price quote message is in the FinXML format, and the third price quote is associated with a different price quote than the second price quote message.