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--- fxdemo:07-part:00-introduction:start [2026/06/28 15:52] – nick_dido
+++ fxdemo:07-part:00-introduction:start [2026/07/18 12:33] (current) – external edit 127.0.0.1
@@ Line 2: / Line 2: @@
 [[fxdemo:07-part:start | Go to Top]]
-Financial systems require more than currency conversion. They require validation, semantic interpretation, fraud screening, anti-money-laundering review, sanctions checking, policy evaluation, policy enforcement, persistence, provenance capture, evidence retention, authorised release, operational monitoring, exception handling, cost attribution, compensation, and settlement support.
+Financial systems require more than currency conversion. They require validation, semantic interpretation, fraud screening, anti-money-laundering review, sanctions checking, policy evaluation, policy enforcement, persistence, provenance capture, evidence retention, authorized release, operational monitoring, exception handling, cost attribution, compensation, and settlement support.
 Existing FX pricing often embeds many of these costs in exchange-rate spreads, fees, commissions, platform charges, or internal allocation models. Those methods may hide which work occurred, which participant performed it, which evidence supports the work, which obligations applied, and whether required work was omitted.