Currency Methods vs. Currency Server

Q: What are the specific differences between Currency Methods and Currency Server? When should I choose one or the other?

A: As explained in more detail in the Currency Methods section, the Currency Methods managed services are positioned as an entry-level solution. The Currency Server software itself not only includes and is able to provide the full Currency Methods functionality both locally and across a network, but it offers added local configuration and administration options, higher performance and total independence from possible network availability and latency issues.

As a general rule of thumb, we recommend to choose Currency Methods in the following cases:

• If you only require a basic exchange rate data feed or equivalent Web service (information only, no or limited number of conversions)
• If you would like to access the service on a non-Windows system, and you cannot install the server software on a Windows system

Cases in which we recommend to deploy Currency Server include the following:

• If you need to not only get exchange rate information, but also do actual conversions (which need to take into account certain rules)
• If you need to control where the exchange rates come from
• If you intend to currency-enable an IIS system (in which case you can install Currency Server on the same host)
• If you would like to provide a feed or Web service which is accessed by your own customers

Also see:

• 7-103 - Support for More than 10 Accesses per Day
• 7-101 - FX Data by Currency System, Inc.
• Competitive Advantages of Currency Server
• Currency Server vs. in-House Development
• Currency Server Software vs. Web Services