Your clients' FX software.
Under your brand.
Your SME clients import and export. ELEGG FX shows them their currency needs over 24 months, tracks their hedges every day and prepares their year-end close. You offer it to them under your own name.
Pricing on request, based on the number of clients and the modules you choose.
| Client | Currency | To hedge | Hedged | Due |
|---|---|---|---|---|
| Delmas Industrie | Buy USD | 1.2M | 3 wks | |
| Voyages Kerlan | Buy THB | 18M | 2 mths | |
| Brevet Agro | Sell GBP | 640k | 3 mths | |
| Atelier Roux | Sell CHF | 310k | 7 mths |
Fictitious example · each client sees their own workspace, you see them all.
You work with SMEs that buy or sell in foreign currencies
The same software, set up around your business.
FX brokers
Your clients call when the need is already there. Often too late, and sometimes they call someone else.
- ✓Their currency needs over 24 months, purchases and sales
- ✓All their hedges tracked daily, including those booked elsewhere
- ✓Their year-end close and IFRS 9 prepared
- ✓Your clients' unhedged needs, sorted by urgency
- ✓Your trades flow into their workspace through the broker gateway
- ✓Clients who stay, because their monitoring lives with you
Delivered without the margin-checking pricer.
Chartered accountants
At year-end, FX hedges show up last, on a bank statement nobody can read.
- ✓Their currency needs and cash, synced with Pennylane or Odoo
- ✓Their hedges valued every day
- ✓Alerts when the rate crosses a threshold, such as their budget rate
- ✓The close ready: fair value, journal entries, notes, Excel file
- ✓Under French GAAP and IFRS, IFRS 9 documentation included
Treasury and advisory firms
Your advice lives in Excel files you rebuild for every client.
- ✓A written hedging policy, actually followed
- ✓Exposure, FX sensitivity and hedges in one place
- ✓Reporting and close with no re-keying
- ✓The pricer to check the bank's margin before each trade
- ✓The strategy builder and stress test behind your recommendations
- ✓All your clients monitored from one tool, under your name
All of ELEGG FX, under your name
Currency needs and cash
Purchases and sales over 24 months: hedged, conditional, to hedge. Projected balances and low point of each currency account.
Budget rates, stress test, alerts
What a currency move costs, and an alert when the rate crosses a threshold.
Tracked every day
Forwards, options, collars, accumulators, TARFs and other structures: daily mark-to-market, performance, strategy builder.
Pricer removed for brokersReporting and close
IFRS 7 and 13, IFRS 9 for hedge accounting, close under French GAAP and IFRS, file for the statutory auditor.
Subsidiaries and netting
Subsidiaries in euros or their own currency, intra-group netting and loans, consolidated view.
Software and banks
Pennylane and Odoo synced, other software via API, bank statements imported, broker gateway.
Your organisation decides, we adapt
A broker, an accounting firm and an outsourced treasurer don't work the same way. We settle these points together at the first meeting.
What ELEGG does, and what it doesn't
ELEGG does not execute trades
- ELEGG does not sell hedges or make payments: the client contracts with its bank or broker.
- The broker gateway syncs executed trades. It does not place orders.
- Bank connection through statement import (camt.053, MT940). EBICS is not live yet.
Your clients' data
- Each party's GDPR role follows the model you choose. When you alone contract with your clients, you are the data controller and ELEGG the processor, under a data processing agreement (article 28).
- Some of ELEGG's processors are based in the United States, including the one behind assisted reading of imported documents: the list is in the privacy policy. This reading is optional, manual entry remains available.
- Close available today under French GAAP and IFRS. Other local frameworks are coming country by country.
Do your clients have currencies to manage?
Show us how you work. We'll walk you through ELEGG FX with a quote fitted to your client base.
Pricing on request · no commitment for the meeting