services ppt _updated.pptx

8/11/2019 Services ppt _updated.pptx

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Services


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INTRODUCTION

India Forex Advisors Pvt. Ltd is one of India's leading global Forex andtreasury consulting company.

Founded by Abhishek Goenka in 2005, kolkata.

India Forex Advisors Pvt. Ltd. is the only company to have a technology based

FX consulting practice.

Services offered explore extra-ordinary opportunities to manage and sustain growth,

Maximize clients revenueby minimizing the risks.

Partner in Forex Consulting, Treasury Management and Forex Operational

Excellence from 2005. Clients : corporate houses and listed companies, to banks, institutions and HNIs.

Expertise: advisory services, building customized strategies, framing risk

management policy and treasury auditing.


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TIMELINE

2005

Founded in Kolkata

2006-2007

Expanded to Delhi,

Mumbai

2008

Crossed 100+ client base

2012

CNBC Awaaz referred to

the company as "The most

consistent view on FX

markets

Client base is 400+

2013

Moved to Technology

oriented consulting

2014

New offices: Bengaluru

Gujarat


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Mission:

Provide powerful and effective solutions in treasury mainly to

Corporate, Banks and Institutions. It includes providing robust

strategies and technologies to improve the efficiency and

profitability of risk officers, traders, and other market participants.

Vision:

Grab the mind share of every treasury person across the globe before

they initiate any major/minor financial markets decision or action.

They want to be always valued for our integrity, innovation and

execution.

customer approach:

Interests of clients always come first. They believe that, if they serve their

clients well, their own success will follow. They also believe that their

assets are people, capital and reputation. If any of these is ever

diminished, the last is the most difficult to restore.


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INDUSTRIES

AGRO COMMODITIES

CHEMICALS & POLYMERS

GEMS ANG JEWELLERY

IRON AND STEEL AND METAL SCRAPS

EDIBLE OILS

FMCG IT SERVICES

SHIP BREAKING

PENS AND STATIONARY

TEXTILE

POWER

MARINE & FISHERIES

INFRASTRUCTURE AND

OTHERINDUSTRIES


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FMCG

Problem Area:

One leading FMCG company, having imports of $ 500 Mn had a practice of

taking buyers credit frequently. Further, they kept such credit rolling for a

period of one year. This practice worked efficiently when the market was

trading in the range of 43-44 levels. But when the market turned, and the rupee

started tumbling towards 60 levels, then it was no more desirable. The buyers

credit for this company was maturing at higher levels than the levels at which

they took the buyers credit owing to the companys strategy of taking buyers

credit and keeping it un-hedged. This methodology made the company book a

considerable sum of money as foreign exchange losses.


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CONT..

Solution Offered:After

IFA got on board, they prepared an entire risk management strategy

switch to suppliers credit instead of buyers credit thereby reducing its1.5% extra cost of LOU.

company was able to save on extra interest cost. The suppliers credit washedged by using the options and forward strategy, which seemed appropriate

at that moment.

As the company had cash flow problems, it could not do away completely withthe buyers/suppliers credit. So the company was safeguarded by taking up therequisite risk management policies. As the company is a manufacturer and themargins are good, IFA advised the firm to stay hedged during a rupee depreciatingtrend.

Impact:The company ended up saving a considerable amount in terms ofinterest and the hedging of such liabilities helped them to save eroding profitswhich were due to the currency volatility.


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FX Consulting

Foreign exchange consultants lend their expertisein overseas financial markets to businesses andindividuals seeking to invest globally.

Portfolio Management in currencies The art and science of making decisions about investment mix

and policy, matching investments to objectives, asset allocationfor individuals and institutions, and balancing risk against

performance.

Hedging with currency derivatives Currency Derivatives are Future and Options contracts which

you can buy or sell specific quantity of a particular currency pairat a future date.


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Pricing & Analysis of structured products

A structured product is designed to hedge your exposure

against any adverse currency movement. The same

structure will be priced differently at different times,

depending on:

o Interest rate

o Volatility of the underlying asset

o Credit rating and credit default swap ('CDS') spread of theissuing counter party

o Time to expiry


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SWOT of FX Consulting

Regular monitoring of FX exposure

Customized Risk focused approach

In house research experts Risk mitigation plan

Specializes in FX consultingStrengths

Newly formed company has less credibility compare to early market entrants

One of the highest cost per service provided in the market

Weaknesses

It is planning to open offices in Singapore, thereby it can expand its services

Small and medium businesses are growing at a fast pace and they are nowexporting to other countries

Increasing Awareness about its consulting domain

Opportunities

ThreatsLarge consulting firms which provide package services to the

companies

Upcoming new companies specializing in FX Consulting like SPFX

India, FXAdvisors, Aditya Forex Service

Fluctuations in currency by some government regulation


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Economic Research Reports

EconomicResearch

Reports

Local & GlobalNews Reports

CurrencyOutlook

GlobalEconomicOutlook

Asset ClassFocus

RBI Regulation

StrategyReports

StrategySpotlight

IFA Classroom


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Economic Research ReportsSWOT

AnalysisStrengths

Highest Frequency in the industry

Full range of support services like live

market data screen

Timely access to critical data on the move

(SMS alerts on spot rates)

Dollar Rupee Report highly sought after in

banking

IFA classrooman innovative service

High knowledge and experience in Forex

marketsOpportunities

Research team can work in

partnership with major research

firms like CRISIL

The existence of Technology base

for alert services can be leveraged to

include more services

Threats

Strong competition from firms like

CRISIL, CMIE, Deloitte, KPMG etc.which is into core research

Competitors have a broad spectrum

of products

Weaknesses

Narrow spectrum of reports

Research is not core competency

Reliability and trust not high in the

market for reports of IFA

S W

TO


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RISK MANAGEMENT AUDIT

India Forex Advisors do a preliminaryaudit for all their clients and checktheir existing hedging effectiveness,

bank limits, charges and transactionexposure.

Review clientscurrency risk management policy

Clients banking evaluation.

To identify functional or operational weakness Examine whether clients cash flows can be better managed

Suggest effective solutions to hedge FX and interest rate risks.


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SWOT ANALYSIS

Strength

Research Report

Advanced software tools

Personalized service to each clients

World Class Research Reports

Hedge and Stop Loss Alerts

Weaknesses

Newly formed company has less credibilitycompare to early market entrants.

Difficulty in quantifying exposure

Lack of confidence in the data they access

Timely access to data

Opportunity

Risk management as a vital component ofoverall strategy.

Threat

Regulations

Competition from Major Firms.

Market Volatility


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CUSTOMIZED RISK MANAGEMENT POLICY

India Forex Advisors helps its clients to designand implement the risk management framework ina following manner:

Define the various risks in the business.

Analyze the market risks arising due to the businessoperations.

Define Hedging program & formulate Risk Monitoring matrix

Define Risk ControlsHedge ratios, maturities, limits etc.

Define Risk Appetite and accordingly decide stop loss levels.

Create Format of reporting and review

Define Front/Mid/Back office Roles and Responsibilities

Setting up Benchmarks and Target rates


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SWOT ANALYSIS

Strength

Personalized service to each clients

Weaknesses

Newly formed company has lesscredibility compare to early marketentrants.

Lack of confidence in the data they

accessLimited Client Base

OpportunityDemand in all the sectors

Untapped Markets

Threat

RegulationsCompetition from Major Firms.

Several well established firmsproviding same services


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Technology Based Offerings

IFA Mobile App:

Designed to run on the iPhone, iPad as well as on android platforms

It is an IFA proprietary mobile app created for their clients

Provides access to live market quotes including Forward Premiums, while theyare on the go

IFA Risk Management Software:

Provides for an active management of the currency risk in the volatileenvironment

Allows for quantification of risks and monitoring them

IFA Live FX Rate Ticker: Delivers a vast range of market data on all leading currencies, cross currencies,

NDF rates, LIBOR rates, money market rates, bond yields and interest rates

Not only helps companies keep a track of the current market situation but alsohelps them to negotiate rates with the banks/brokers


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Technology Based Offerings

SWOT ANALYSIS:

Holistic view of exposures of all your departments

Takes into account all RBI regulations

Pop-up alert notifications when triggers are hit

Scenario Analysis and back testing

Quantify & Monitor all exposures in different currencies-USD, EURO, YEN-even while you are travelling.

Reduces your decision making time

Heavy user involvement in risk analysis in that it enables them to test fordifferent profit/loss scenarios which is customizable

Strengths

People may be hesitant to use mobile apps on a full fledged basis in theirmobile phones

Risk Monitoring is a costly and time consuming processWeaknesses

Growing use of high end phones by financial analysts presents a hugeopportunity for expanding the services in a large scale

Currently, the mobile app allows only for viewing of the live marketquotes on the go. There is an opportunity for enabling the business usersto measure the foreign exchange risks of their business

Opportunities

Mobile apps are not secure in that people will be hesitant to measure therisks that their business is exposed to

Threats


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SWOT ANALYSIS OF BANKING

CONSULTING


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Strengths

IFA is in good books of various industrystalwarts

Swift growth of IFAs client base since its

establishment in 2005

Training using in-house developed casestudies

Internal and external trainers offered

Weaknesses

Trainer details not specified on website

Course structure is not easily available tocustomers

Cost of training program is kept undercovers

Does not have any unique product to offer

Opportunities

Offer unique products in the vicinity Financial sector boom

Client satisfaction

Opening new branches

Tap untapped markets

Threats

Several well established firms providingsame services

Price wars from competitors

SWOT: AdvancedTraining

SWOT of Advanced Training

services ppt _updated.pptx

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