Product
Like every other corporate FX platform, TreasurUp offers manual spots, forwards, swaps, historical rate roll-overs, pre-deliveries and limit orders.
Unlike most platforms, however, these features have been built to be much more user-friendly and with a greater focus on the corporate user.
The most powerful hedging functionalities, however, are the 1-to-1 and forecast hedging modules for auto-hedging.. Depending on the corporate’s hedging method, TreasurUp offers two modules for automated FX hedging that can be used to set up a hedging policy: 1-to-1 hedging and Forecast hedging.
For corporates that hedge invoices or orders individually in line with their hedging policy, we have developed 1-to-1 automated hedging.
TreasurUp ensures that corporates are optimally hedged and exposures are covered according to their hedging policy. 1-to-1 hedging is typically used by trading companies in the food & agriculture, retail and wholesale trading sectors.
Forecast automated hedging is for corporates that are going to receive and/or pay certain foreign exchange cash flows in the future whereby it is not fully clear what the exact amounts will be or when they will be settled.
Corporates that typically apply forecast hedging are project-oriented companies in industries like construction, machine building, software sales and consultancy.
The trade planner allows corporates – most commonly those with long and/or complex sales cycles – to enter contract details with a reference rate. This allows companies to track the P&L of contracts before they are signed since the reference rate is held against the market rate.
All required trade details, such as the amount and due date, are entered manually.
After a credit check the user will receive a live streaming rate.
After the user’s confirmation, TreasurUp sends the order to the banks’ pricing platform and executes the transaction.
In many cases, an FX trade is accompanied by an FX payment. TreasurUp can import payment batches from any bookkeeping platform or Excel sheet and distinguish between base/home/functional currencies and foreign currencies. TreasurUp initiates these payments automatically and connects via Open Banking Standards (PSD2) with the cash management platform.
