Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

industries-icon

Industries

What we have achieved
since inception

Aladdin delivers tangible results and has successfully helped our clients increase their cross-border transactions by more than 300%.

TRC-icon

Total Transacted Volume

Value

Icon-savings … shoppers

Savings for Shoppers

Value

Icon-new-revenue-stream

Revenue Stream for Platforms

Value

add-revenue-icon

Additional Revenue for Sellers

Value

Benefits

What makes Aladdin impactful

Price uncertainty for shoppers due to FX conversion leads to lost sales and poor user experience. Aladdin makes it simple and risk-free for e-commerce platforms and merchants to offer localised prices to global customers.

local-icon

Local preference

The majority of online shoppers prefer to make purchases from local websites.

lostsales-icon

Lost sales

Price uncertainty can lead to higher shopping cart abandonment.

currencyXchange-icons

Conversion rates

Online shoppers leave international websites to calculate exchange rates before deciding to purchase.

website-icon

Web traffic

Customers are less likely to revisit single-currency pricing websites.

increase-revenue-icon

Increased revenue

Customers are more likely to spend more money on a multi-currency pricing website.

user-icon

Customer experience

Most online shoppers are concerned about how much they are paying for FX when shopping in foreign currency.

Illustration-currency-riskIllustration-conversionIllustration-seamless-executionIllustration-guaranteed-FX-RatesIllustration-guarnateed-FX-Rates
How it works

We provide price certainty without foreign currency risk

Aladdin is a fully scalable and integrated point-of-sale home-currency pricing solution. It empowers e-commerce platforms or merchants to price goods in multiple currencies without any exposure to foreign exchange risk. International customers across 45 countries can enjoy a localised shopping experience in their home currency from the point of browsing all the way through to the point of purchase.

How it works

Home-currency pricing

Set prices in customers' home currencies to increase sales conversion rates. Reassure your overseas shoppers by securing the exact value of their purchases at the point of checkout, reducing buyer hesitation and cart abandonment.

Illustration-conversion
How it works

Seamless execution

Integrate Aladdin into your e-commerce platform and have tight control over your pricing and margins. Trades of all sizes are confirmed electronically. Settlement becomes seamless, simplifying your processing and reconciliation.

Illustration-seamless-execution
How it works

Guaranteed FX rates

Customise your guaranteed FX rate period in advance depending on your business needs. Refunds will be processed at the original transacted rate for up to 90 days. Aladdin also allows the configuration of a spread, creating a new "risk-free" revenue stream previously captured by other third parties.

Illustration-guaranteed-FX-Rates
How it works

Workflow of a client with cross-border currency trades of USD/SGD

Illustration-guarnateed-FX-Rates
Video

Watch how Aladdin works

Aladdin empowers e-commerce platforms to provide international shoppers with prices in their local currencies. See how it works for one of the largest global e-commerce marketplaces AliExpress.

Example 1: Online Customer | Online Retailer

Price certainty without foreign currency risks

In an Ideal World,

A customer from China has to pay RMB625 based on USD/RMB interbank rate of 6.2470

In Reality,

Customer from China has to pay RMB650 based on credit card rate with 4% FX charges

Illustration …Example 1

In an Ideal World,

Indonesia retailer to receive IDR 1,272,500 based on USD/IDR interbank rate of 12,725

In Reality,

Indonesia retailer to receive IDR 1,196,150 based on 2% merchant charges and credit card rate with 4% FX charges

Example 2: Online Retailer | Wholesaler

Price certainty without foreign currency risks

In an Ideal World,

Indonesia retailer has to pay IDR 636,250 based on USD/IDR interbank rate of 12,725

In Reality,

Indonesia retailer has to pay IDR 661,700 assuming a 4% FX charge

Illustration-Example 2

In an Ideal World,

Thai wholesaler to receive THB 1,637.60 based on USD/THB interbank rate of 32.752

In Reality,

Indonesia retailer to receive THB 1,555.72 assuming transaction cost of 1% charge and 4% FX charge

Example 3: Online Retailer | Wholesaler

Price certainty without foreign currency risks

In an Ideal World,

Offline Taiwanese manufacturer has to pay TWD 395.92 based on USD/TWD interbank rate of 31.6734

In Reality,

Offline Taiwanese manufacturer has to pay TWD 411.76 assuming a 4% FX charge

Illustration-Example 3

In an Ideal World,

Offline Indian supplier to receive INR 773.93 based on USD/INR interbank rate of 61.9143

In Reality,

Offline Indian supplier to receive INR 735.23 based assuming a transaction cost of 1% charge and a 4% FX charge

Example 4: Online Wholesaler | Supplier

Price certainty without foreign currency risks

In an Ideal World,

Online Thai wholesaler has to pay THB 818.80 based on USD/THB interbank rate of 32.752

In Reality,

Online Thai wholesaler has to pay THB 851.55 assuming a 4% FX charge

Illustration-Example 4

In an Ideal World,

Offline Taiwanese manufacturer to receive TWD 791.84 based on USD/TWD interbank rate of 31.6734

In Reality,

Offline Taiwanese manufacturer to receive TWD 752.25 assuming a transaction cost of 1% charge and a 4% FX charge

Total Loss: USD 17.88

Price certainty without foreign currency risks

slide5-image
Icon-Round-Arrow-BackIos
Icon-Round-Arrow-ForwardIos
Example 1: Online Customer | Online Retailer

Price certainty without foreign currency risks

In an Ideal World,

China Customer has to pay RMB 625 based on USD/RMB interbank rate of 6.2470

In Reality,

China Customer has to pay RMB 650 based on credit card rate with  4% FX charges

Illustration …Example 1

In an Ideal World,

Indonesia retailer to receive IDR 1,272,500 based on USD/IDR interbank rate of 12,725

In Reality,

Indonesia retailer to receive IDR 1,196,150 based on 2% merchant charges and credit card rate with 4% FX charges

Example 2: Online Retailer | Wholesaler

Price certainty without foreign currency risks

In an Ideal World,

Indonesia retailer has to pay IDR 636,250 based on USD/IDR interbank rate of 12,725

In Reality,

Indonesia retailer has to pay IDR 661,700 assuming a 4% FX charge

Illustration-Example 2

In an Ideal World,

Thai wholesaler to receive THB 1,637.60 based on USD/THB interbank rate of 32.752

In Reality,

Indonesia retailer to receive THB 1,555.72 assuming transaction cost of 1% charge and 4% FX charge

Example 3: Online Retailer | Wholesaler

Price certainty without foreign currency risks

In an Ideal World,

Offline Taiwanese manufacturer has to pay TWD 395.92 based on USD/TWD interbank rate of 31.6734

In Reality,

Offline Taiwanese manufacturer has to pay TWD 411.76 assuming a 4% FX charge

Illustration-Example 3

In an Ideal World,

Offline Indian supplier to receive INR 773.93 based on USD/INR interbank rate of 61.9143

In Reality,

Offline Indian supplier to receive INR 735.23 based assuming a transaction cost of 1% charge and a 4% FX charge

Example 4: Online Wholesaler | Supplier

Price certainty without foreign currency risks

In an Ideal World,

Online Thai wholesaler has to pay THB 818.80 based on USD/THB interbank rate of 32.752

In Reality,

Online Thai wholesaler has to pay THB 851.55 assuming a 4% FX charge

Illustration-Example 4

In an Ideal World,

Offline Taiwanese manufacturer to receive TWD 791.84 based on USD/TWD interbank rate of 31.6734

In Reality,

Offline Taiwanese manufacturer to receive TWD 752.25 assuming a transaction cost of 1% charge and a 4% FX charge

Icon-Round-Arrow-BackIos
Icon-Round-Arrow-ForwardIos
Total Loss: USD 17.88

Price certainty without foreign currency risks

slide5-image
Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

industries-icon

Industries

Currency conversion

Current challenges

Insufficient expertise

Some companies do not have the knowledge and expertise to set up a professional treasury function to manage their cash flow, payment and FX needs in an optimal manner.

High operational cost

Cost of setting up and running a professional treasury function may be too prohibitive.

How it works

Patented technology to achieve competitive FX rates

COM-PLAX™ — our patented VWAP pricing sourcing algorithm — enables maximum pricing compression for competitive FX rates.

competitive-icon

Multiple liquidity providers

Liquidity in the form of executable real-time streaming quotes from multiple liquidity providers is aggregated into a single book for a comprehensive and accurate view of the market.

multiplier-time-icon

Highly competitive rates

COM-PLAX™ slices trades into pieces and executes at the top of each liquidity provider's book to achieve maximum pricing compression. This eliminates any possibility of rates manipulation and front-running by individual banks as it determines the equilibrium supply and demand prices in isolation from both parties.

increase-revenue-icon

Optimised efficiency for best results

With MyFX, M-DAQ has created a venue that achieves Best Execution, Efficient Price Discovery and Fair Position Allocation. This reduces transaction costs for Buy Side and increases revenue for Sell Side.

Api-icon

API integration

Connectivity through API is also available for integration with in-house systems to achieve Straight-Through Processing (STP).

Illustration-bigger-marketIllustration-best-pricing-executionIllustration-optimise-for-effiiency
Benefits

A bigger market

Liquidity from multiple channels is aggregated for superior access to the market compared to any single liquidity provider.

Illustration-bigger-market
Benefits

Best pricing and execution

Through COM-PLAX™, MyFX is able deliver maximum price compression without the risk of information leakage.

Illustration-best-pricing-execution
Benefits

Optimise for efficiency

With the web-based platform and API connectivity offerings, clients can optimise their workflows to achieve best practices.

Illustration-optimise-for-effiiency
How it works

Simple, fuss-free process from quotation to trade records

With MyFX, clients get to enjoy efficient currency conversion at the most optimal rates.

Access-thru-CaaS-icon

Access MyFX through the website portal

Api-icon

Or integrate through API for STP

Illustration-real-time-quotes
funds-icon

Receive funds in your bank account on the settlement date

download-icon

Download trade records for reporting and reconciliation

Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

industries-icon

Industries

Historical Price Chart with FX Overlay

A traditional trading line chart of historic closing prices provides a graphical representation of historic closing price movements of a particular financial asset. Its main purpose is for traders to analyse price movements, identify trends, and make decisions about when to buy or sell a particular asset.

However, currency movements have a significant impact on investment returns when buying or selling foreign securities as a cross-border investor. Presently, FX rates are unknown at the point of trade execution, and fluctuation in FX prices can greatly reduce or erode investment returns.

Read more

The sample graph illustrates pre and post M-DAQ scenarios where buying and selling signals (i.e., “buy low” and “sell high” points) are vastly different when analysed in the respective investment currency. Although this graph is a historical data chart, the same behaviour could also be observed in a day trading chart for any investment currency as well.

This example clearly demonstrates that exchange rates volatility increases uncertainty and complexity for an investor making cross-border securities trades. The analysis of the same securities over the same time period looks very different with currency overlay on top of it.

Our vision is to shift the FX conversion which currently happens post-trade to the point when the underlying asset trade is executed i.e. at-trade. Through this, we believe a cross-border investor can trade with more certainty and confidence and receive better fills for their cross-border trades.

Click for live example on Singapore Exchange (SGX)

Historical Trade Bubble (including Time & Sales)

Similar to our representation of historic charts with FX overlay, our bubble charts provide a graphical representation of daily trade data of a security with an FX overlay to visually assist cross-border investors in their daily trading decisions.

In this example, the chart shows individual trades completed at the market in real-time using the exact time and traded price which are represented through the X and Y axis respectively with the addition of trade size. The size of the bubble signifies the trade size and therefore enables an investor to visualise the overall turnover of a trade easily.

M-DAQ takes this concept a little further by applying our FX over the traded price in order to represent trade bubbles based on the currency of choice for a particular cross-border investor.

Multi-currency Ticker

Our price ticker for BBO (Best Bid and Offer) and simple stats is a real-time display of the current best bid and offer prices for a particular financial asset blended with real-time forex prices based on the selection by a cross-border investor.

This "multi-currency" price ticker allows cross-border investors to make informed decisions about buying or selling an asset based on real-time market trends.

Click for live example on Singapore Exchange (SGX) 

Benefits

Trade with more transparency & certainty

By shifting FX conversion to the point when the trade is executed, TRC delivers benefits to exchanges, brokers, and end investors.

Benefits for Exchanges

multi-currency-icon

Go Multi-Currency

Implement multi-currency offerings without significant changes to systems and back-end processes, with low start-up and running costs.

liquidity-icon

One Liquidity Pool

Our patented technology offers a "multi-currency virtual order book" that connects global investors to view securities in their currency of choice and taps on a single liquidity pool.

global-icon

Increase Trading Volume & Revenue

Increase trade velocity by shifting FX conversion from post- to pre- trade to improve cross-border trading volume.

secondary-listing-icon

Attract Secondary Listings

Attract secondary listings from overseas companies seeking to broaden their company listing in different time zones in a myriad of the world’s local currencies.

Benefits for Brokers

multi-currency-icon

Go Multi-Currency

Promote FX on an effective "Best Execution" basis with access to interbank pricing of the top 10 global liquidity providers when both institutional and retail clients are focusing on overall execution costs.

competitive-icon

Stay Competitive

Level the playing field with global brokerage houses and operate more competitively for offshore institutional flows, in particular hedge fund and risk arbitrage activity.

TRC-icon

Increase Market Share

With stock prices quoted in different currencies, more participation can be expected from foreign investors resulting in a sustainable increase in brokerage fees revenue.

Benefits for Investors

improve-global-icon

Improved Global Access

Investors enjoy previously inaccessible wholesale FX prices from interbank pricing of top 10 global liquidity providers.

remove-uncertainty-icon

Remove Uncertainty of FX Costs

Real-time executable securities prices in their preferred currency allows investors to better manage their portfolios and make more informed trading decisions to seize market opportunities without needing to factor in additional post-trade FX costs.

choose-currency-icon

Trade in One Preferred Currency

M-DAQ facilitates inbound and outbound flows using the preferred currency of choice; for e.g., Australian investors can trade off-shore securities in AUD whilst enabling off-shore investors to trade Australian securities in foreign currencies.

Use Case

Watch how TRC works

Presently, FX rates are unknown at the point of trade execution, and fluctuation in FX prices can severely reduce or erode investment returns. See how TRC provides greater transparency by shifting FX conversion to the point of trade.

Fulfil Treasury Needs for Your Business

Treasury as a Service™

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

TaaS

Current challenges

Having a holistic treasury function is challenging for businesses due to the lack of resources and expertise.

Insufficient expertise

Some companies do not have the knowledge and expertise to set up a professional treasury function to manage their cash flow, payment and FX needs in an optimal manner.

High operational cost

Cost of setting up and running a professional treasury function may be too prohibitive.

Illustration-fx-risk-managementIllustration-operational-aspectsIllustration-data-privacyIllustration-reporting-reconciliation
How it works

FX risk management

  • M-DAQ Treasury team works for and acts on behalf of clients
  • A full review of the client's business will be the first step and we will present a detailed approach for approval by the client, covering several options around the appropriate risk level that the company is willing to take
  • We tailor our service to the client’s specific needs, risk appetite and profile
  • Application of various FX hedging instruments as per regulatory environment and risk profile
Illustration-fx-risk-management
How it works

Operational support

  • M-DAQ Treasury team mandated to operate the client’s accounts
  • Pricing without spreads between the client and M-DAQ
  • Flexibility in PL fluctuation approach
  • Possibility of using the client’s existing banks or a Prime Brokerage model
Illustration-operational-aspects
How it works

Data privacy

All of the client's information is handled in a strictly segregated and confidential manner, with full data privacy to the rest of M-DAQ's business and clients.

Illustration-data-privacy
How it works

Reporting & reconciliation

We provide regular activity reports to suit the company's financial reporting needs.

Illustration-reporting-reconciliation
Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

industries-icon

Industries

Cross-border e-wallet payments

Current challenges

Insufficient expertise

Some companies do not have the knowledge and expertise to set up a professional treasury function to manage their cash flow, payment and FX needs in an optimal manner.

High operational cost

Cost of setting up and running a professional treasury function may be too prohibitive.

Benefits

We create wallet interoperability to connect e-wallets globally

FLIQ breaks down technological and physical borders to provide e-wallet operators with limitless opportunities.

Lower cost

FLIQ eliminates the costs of acquiring merchants in another country and the costs associated with complying to government regulations, while creating new revenue streams.

multi-currency-icon

Convenience for users

Through FLIQ, e-wallet operators provide added convenience to their customers when travelling, even guaranteeing FX rates for refund purposes.

payment-processors-icon

Accept payments easily

Merchants can accept payments from customers’ overseas e-wallets without worrying about initial setup and operational costs.

user-icon

Extend user benefits

New use cases such as cross-border loyalty & rewards, transit, and lifestyle services can be added on seamlessly.

Connecting and enabling e-wallets everywhere

Plug interoperability into your mobile wallet with FLIQ.

Convert currencies in real-time using M-DAQ’s FX technology

No leftover dilemma

Gain access to guaranteed FX rates and minimise exposure on refund transactions

Seamless and secure cross-border payments without disclosing confidential financial and personal information

Integrated loyalty and marketing platform

Use cases

FLIQ enables e-wallet operators to:

improve-global-icon

Enlarge merchant base by leveraging overseas e-wallet operators on FLIQ

user-icon

Attract more customers, increase usage and provide more use cases

manage-currencies-icon

Overcome regulatory barriers to receive new revenue sources from overseas merchants

e-wallet-icon

Integrate with other e-wallet operators faster and easier

Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

Payments

Current challenges

Insufficient expertise

Some companies do not have the knowledge and expertise to set up a professional treasury function to manage their cash flow, payment and FX needs in an optimal manner.

High operational cost

Cost of setting up and running a professional treasury function may be too prohibitive.

How it works

We fulfill all your cross-border payment needs at a low cost

Built on top of M-DAQ’s COMPLAX™ technology, our Payments solution provides a single touch point while standardising integration processing for all your business needs. Our solution supports more than 40 currencies and encompasses a holistic pricing framework, enabling businesses to streamline costs with complete transparency of rates, coupled with fast cross-border payments over 180 countries.

payment-processors-icon

Pay supplier or staff globally

Make payment to business partners in 180 countries in any of our supported 46 currencies with bank-beating exchange rates.

multi-currency-icon

Convert FX at competitive rates in 180+ countries

Buy foreign exchange at near mid-market rates that are customised for your business. Be it prime currencies, exotic currencies or Asian currencies, we’ve got you covered.

manage-currencies-icon

Manage 46 currencies in a single account

Hold and manage balances in multiple currencies without any hidden charges or minimum balance requirements. Convert between currencies at mid-market rates and transparent fees.

currencyXchange-icons

Get paid in international markets

Designed to streamline and simplify how you get paid by international customers, global collection accounts enable you to get paid in USD, EUR, GBP and 31 other currencies as if it were local payment.

designed-icon

Designed for your convenience

We are designed for businesses and your convenience. Access unique features like multi-level approvals and bulk payments to enhance productivity, automation and governance of your business processes.

safe-icon

Your funds are safe

We are licensed and regulated in Singapore, Indonesia, and Hong Kong. All customer funds are safeguarded and kept in a customer segregated account to deliver safety of your funds in our custody.

Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

How it works

We deliver frictionless end-to-end connectivity to streamline your ASEAN local collections* and payments

Experience seamless connectivity from collections* to FX and payments through a single platform, all while benefitting from M-DAQ Global’s competitive and transparent FX rates
powered by multiple liquidity providers.
(*subject to local requirements)

Single connectivity to pay, receive, and manage

Access, transact, and manage various key ASEAN currencies effortlessly through a single, streamlined platform. Pay your vendors in VND, PHP, THB, MYR, IDR, SGD from other countries easily via one API.

our-people-icon

Seamlessly navigate local regulatory hurdles

Handle intricate local regulations through our comprehensive network of ASEAN licences and trusted partners.

Cost-efficient with enhanced economies of scale

Maximise cost efficiency and economies of scale by leveraging M-DAQ’s extensive virtual account network. Avoid the costs of maintaining local bank accounts in every country with a single platform partner.

currencyXchange-icons

Competitive and transparent FX rates

Secure competitive and transparent FX rates powered by M-DAQ’s proprietary FX engine. Manage business costs without uncertain settlement proceeds and lack of pre-agreed spreads.

Connect to M-DAQ's global FX and payments ecosystem

Transfer funds within ASEAN or between ASEAN and other regions with ease, tailored to your business supplier payouts and settlement requirements.

designed-icon

Fast setup in 4 simple steps

Get major ASEAN currencies at your fingertips in just 4 steps – from onboarding to going live.

ASEAN Local Collections & Payouts

Current challenges

Insufficient expertise

Some companies do not have the knowledge and expertise to set up a professional treasury function to manage their cash flow, payment and FX needs in an optimal manner.

High operational cost

Cost of setting up and running a professional treasury function may be too prohibitive.

Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

HaaS

Current challenges

Insufficient expertise

Some companies do not have the knowledge and expertise to set up a professional treasury function to manage their cash flow, payment and FX needs in an optimal manner.

High operational cost

Cost of setting up and running a professional treasury function may be too prohibitive.

Benefits

Hedge at a low cost to minimise risk exposure

Minimise risks and costs due to fluctuating foreign exchange rates with effective hedging solutions

flexible-icon

Flexible and low-cost FX hedging

HaaS allows full customisation of the notional amount of FX hedged, contract term and preferred exchange rate by clients via an easy-to-use platform.

volatility-icon

Minimise FX volatility impact on company profits

With HaaS, clients are not only hedged against unfavourable FX fluctuations, but also continue to enjoy any gains resulting from FX market movements.

increse-forecast-icon

Increase ability to forecast future cash flow

Clients can grow their cross-border business with confidence without worrying about future FX movement and volatility.

Illustration-historical-chart-performanceIllustration-historical-chart-performance
Historical chart

USD/SGD 3-Month Performance

Based on the assumption that a SME in Singapore imports goods from the United States at an invoice value of USD100,000 in January 2020, payable by March 2020.

Without HaaS

Invoice Amount: USD100,000
Based on Mar 2020, USD/SGD: 1.46431
SGD payable in Mar 2020:
USD100,000 x 1.46431 = SGD146,431


With HaaS

Invoice Amount: USD100,000
Based on Jan 2020, USD/SGD: 1.34532
SGD payable in Mar 2020:
USD100,000 x 1.34532 = SGD134,532


Without HaaS, Potential Loss Due to FX Movements: SGD11,899

Illustration-historical-chart-performance
Historical chart

SGD/CNH 5-Month Performance

Based on the assumption that a SME in Singapore imports goods from China at an invoice value of CNH100, 000 in October 2019, payable by March 2020.


Without HaaS

Invoice Amount: CNH100,000
Based on Mar 2020, SGD/CNH: 4.8517
SGD payable in Mar 2020:
CNH100,000 / 4.8517 = SGD20,611.33


With HaaS

Invoice Amount: CNH 100,000
Based on Oct 2019, SGD/CNH: 5.1960
SGD payable in Mar 2020:
CNH100,000 / 5.1960 = SGD19,245.57

Without HaaS, potential loss due to FX movements: SGD1,365.76 or 6.6% impact on profit margin.

Illustration-historical-chart-performance

How HaaS works

A Singapore-based company imports goods from USA to sell locally. With HaaS, Company A has decided to hedge against the devaluation of SGD against USD over 1.39 up to a notional amount of SGD100,000 for the next 3 months, at an affordable monthly payment of SGD100.

Fulfil Treasury Needs for Your Business

Treasury as a Service

Be equipped with a professional Treasury team that utilises the latest technology and comes with access to liquidity and payment systems to fulfil all your needs. TaaS acts on the behalf of and in the best interests of our clients and their businesses at a competitive cost.

industries-icon

Why ASEAN Currency
Crossing Pool™

Benefits

Venue for best execution, effective price discovery and fair position allocation

Our patented price sourcing algorithm eliminates any possibility of rate manipulation and front-running by individual banks.

increse-forecast-icon

Trusted reference rate

Transparent and widely trusted reference rate.

currencyXchange-icons

Direct conversion

No need for USD intermediary rate, hence reducing cost and simplifying pricing.

ineffiency-icon

Frictionless implementation

Rates can be used without affecting any national switches.

increase-revenue-icon

Increased volume

Enables greater ease and an increased volume of cross-border payments within the region.

How ACCP works

Neutral and unbiased FX benchmark

M-DAQ’s patented VWAP-stacked price sourcing algorithm eliminates any possibility of rates manipulation and front-running by individual banks as it determines the equilibrium supply and demand prices in isolation from both parties, effectively decoupling how the rates are derived and how the positions are managed.

Enhanced price competitiveness
By book-building via price slicing from the stacked/ladder pricestreams of individual banks

Efficient price discovery
Ensured by price feeds and transaction data from a broad range of source

Direct conversion between ASEAN currencies
No need for a de facto currency

Random Image
Random Image

We'd love to hear from you.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Illustration-contact-us