Published on: Tuesday, 28 January 2025 ● 4 Min Read
JERSEY CITY, N.J.--(BUSINESS WIRE)--Deaglo, an emerging FinTech company providing foreign exchange solutions, announced that its platform will now be available to financial institutions as a white label solution. This new FX solution, the first of its kind, utilizes dynamic AI and real-time data integration to optimize and explain FX risk and hedging strategies to enhance decision-making and reduce costs for Financial Institutions and their clients.
“The motivation behind creating Deaglo’s white label platform was to address a critical gap in how Financial Institutions present and manage FX products for their clients,” said Ashley Groves, CEO of Deaglo. “The complexities of FX hedging often create unnecessary friction in the sales process, and we saw a clear opportunity to leverage cutting-edge AI and advanced analytics to reduce these barriers.”
Deaglo's white label platform addresses four core challenges faced by financial institutions:
FX hedging inherently includes inefficiencies, risks, and complexities. Traditional FX hedging processes also require input from multiple stakeholders across sales, credit, and compliance departments, making the process cumbersome. Additionally, FX teams largely rely on time-consuming spreadsheets, Bloomberg terminals, and fragmented systems for data analysis, which can lead to human error and missed opportunities.
With the Deaglo white label platform, financial institutions can control the full lifecycle of a client's hedging process. Integrating AI, machine learning, and automation, Deaglo’s platform removes bottlenecks by offering a user-friendly, data-driven solution with real-time, actionable insights. Its suite of advanced tools and features—such as the Strategy Simulator, Hedged vs Unhedged Simulator, Margin Simulator, FX Options Builder and Exposure Management—helps financial institutions meet the needs of multiple stakeholders, simplifies workflows for FX sales teams, account managers, and compliance officers, and support clients in making faster, data-driven decisions.
Deaglo is committed to continuous evolution and advancement within its platform and is excited to share some upcoming updates. In Q1 2025, Deaglo will launch its Insight Hub, arguably its most powerful tool yet.
“The Insight Hub is going to revolutionise FX reporting for Financial Institutions,” said Groves. “The tool integrates AI, Large Language Models and Machine Learning, and chat into its existing simulation capabilities to offer real-time actionable insights and options for hedging efficiently. Within the Insight Hub, Deaglo will be launching our much-anticipated AI-Generated Currency Reports that will speed up report generation, saving FX teams hours in productivity. The Insight Hub will be a game changer for client communication, management and retention, giving sales teams the most powerful FX reporting tools at their fingertips.”
To request a demo of Deaglo’s Insight Hub, please visit: https://www.deaglo.com/financial-institutions-deaglo
About Deaglo
Deaglo is on a mission to revolutionize the way cross-border transactions are completed. It's a lofty goal that our ever-growing and diverse team is dedicated to achieving. Founded in 2019, we are a fast-growing FinTech with the core purpose of innovating in an industry devoid of original thought. As a firm, we value the initiative and push each member daily to ask themselves, is there a better way? If you want to come and work with us, we promise it will be hard work and that there will be challenges that seem insurmountable. But we guarantee that we will be right there with you, from the top of the company to the bottom, working on the problems together to achieve our collective success. For more information, visit https://www.deaglo.com/.
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