1) Risk Management Services :
• Tracking & proactively advising you on managing currency exposures updated by you regularly and providing the required feedback.
• Structuring transactions to leverage opportunities by way of forward premiums and discounts.
• Providing access to live currency quotes including forward premiums/discounts, reports, views and articles on our website.
• Designing, developing and implementing financial structures and strategies to maximize export earnings and reducing costs of imports.
• Any other advice on a case-to-case basis on client specific problems and unique transactions in the areas of forex and international finance.
• Developing suitable basis for benchmarking the client's exposures. Benchmarks would serve as reference points for evaluating the performance of the client's treasury.
We also send information reports thrice a day by email which features
• Export - Import rates , Forwards for the currencies of USD, EURO, GBP, YEN, AUD, CHF, CAD and Annualised Premium for USDINR
• LIBOR - MIBOR - MIFOR interest rate swap - Commodity prices - Indices - Prime lending rates for different countries
• Market Reports ( morning, noon and evening) that gives a bird's view of the market movements and currency dynamics for the day
2) Information Services :
Our Information services aim at providing up-to-date information to you on various aspects of the markets in the following ways:
• Daily info reports : These provide live and comprehensive information on global currencies, forward premiums, international interest rates (Prime and Libor), and our analysis and views on the same. Reports will be sent thrice a day (at 10 am, 1 pm, and 5 pm)
• Online info / website : Live data of currencies, forwards, interest rates, Reports, News events across the globe and in India, Economic calendar, Global holidays and Guidelines by RBI and FEMA, and Articles on burning issues.
• Desktop Ticker : A crown feature to our information services. This ticker disseminates the following information (with a time lag of 2 minutes):
a) It displays the rates for all the major currencies along with forwards.
b) Also shows charts for all the major currencies for a month’s time
c) Displays minor currency rates as well.
A small feature but a big value addition to our customers.
Our Information Services help you to:
• Negotiate and improve on the rates offered by banks for import transactions.
• Make optimum decisions for remittances on cash / spot basis keeping in mind the discount offered and funds position on that day.
• Make the payments at the right time in case of payments with flexibility of a few days to weeks. The basis for decisions shall be factors like interest loss, view on the currency involved etc.
|