Finrex. Better Analytics, Smart Solution

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Finrex

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We constantly strive

to provide you with a phenomenal strategy

Finrex Treasury Advisors is a treasury and foreign exchange consulting company, established in 2014 .We

recognize your business risks while dealing with foreign currencies and provide you with optimum results. We constantly strive to provide you with a phenomenal strategy, understanding your company's risk appetite, and provide you the perfect solution for the identified need-gaps in your company's financial model.

At Finrex, we follow a step-by-step methodology to ensure hedging at minimum risks for your company. Our USP lies in process based consulting which starts with Treasury Audit that intends to understand your existing banking structure and various associated charges that your business pays for. We add tremendous value by providing a comprehensive risk management policy which ultimately aims to meet business objectives efficiently.

Finrex has adopted eminent international concepts in the Indian context. Our experts are well versed with the fluctuating foreign exchange and interest rate markets and can assist you in your day to day operations. With Finrex, you can look forward to receiving unbiased and independent view that benefits your organization.

We recognize the currency risks of companies dealing with international business, Exporter, Importer. Currently, Finrex is working with 450 plus corporate spread across the country from various industries.

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Our Core Team

Our Team has over 16 decades of experience in the treasury and banking field. A total team of 22 people.

ASPY BHARUCHA

Mr. Aspy Bharucha, President, has a rich experience of Foreign Exchange for the past 47 years. Started with Bank of

Baroda for almost 26 years on different positions, was in-charge of FX Department for 17+years, FX Treasury Dealing

room and then subsequently headed Vadilal Forex and Consultancy for almost 21 years. He has acquired vast experience in RBI and FEMA related issues linked to Foreign Exchange.

ANILKUMAR BHANSALI

Mr. Anil Kumar Bhansali, Head of Treasury, has a rich experience of Banking and Foreign Exchange for the past 36

years. He was a Chief Dealer with an associate bank of SBI, handling FX Turnover more than Rs. 1.20L cr and

involved in interbank forex trading. He has been trading and hedging currency portfolios for last 12 years with large corporate treasuries. He has also been writing his views on Rupee in various business newspapers, Reuters, News wire agencies. He has given trainings at IIM Ahmadabad, IIM Indore, IMC and various association bodies.

CHANDRASEKHAR C.

Mr. Chandrasekhar C., Head of Strategic Treasury Service, comes with definitive experience of 40 years in treasury

risk management, extending sound advice on domestic and global FX and debt markets, use of derivative products, and

offering astute solutions in corporate and credit banking. His specialized services include liability management,

derivative valuations and hedge accounting conforming to IFRS / US GAAP. His guidance will particularly be useful

to companies first time adopting IND AS 109. He had executed several projects for public and private sector institutions.

NIJAY GUPTA

Mr. Nijay Gupta is Chief Strategy Officer and plays the role of chief mentor at Finrex. He has a rich experience of 40

years in Banking and Treasury functions. He was the Head of Treasury for Forex, Money Markets at the Antwerp Diamond Bank,

CHINTAN MASTER

Mr. Chintan Master, Partner, is an expert in Financial, risk management and forex consultancy. At Finrex, he is passionate about delighting the customer. With a keen eye on detail, he appropriately guides clients with hedging strategies based on business operations like trade cycle, working capital management etc. His work experience involves Strategy consulting in the BFSI industry. He was an integral part of a consulting firm, Global Knowledge Research Centre. He was also employed with a leading Forex consultant for advising corporate on forex risk management. He has completed management study from NMIMS.

HIMESH SHAH

Mr. Himesh Shah, Partner, is prominent in analyzing the global financial and currency markets. Mr. Shah has worked

with ICICI Bank as a FX Dealer. He was also employed with a leading currency and global market player where he was

responsible for evaluating hedging strategies for Forward, Options and Swap markets. He has acquired the Financial Risk Manager (FRM) certificate from GARP institute (USA) which is the globally recognized benchmark for financial risk managers.

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Forex Consulting

With our Forex Consulting services, you may be able

to get insights and updates of the forex market like

never before.

Our unique Advisory and Hedging Strategies help our

clients to handle forex matters with utmost ease.

• This service will function like a virtual Forex CFO of your company

• Our Portfolio Management Systems helps you to

monitor your forex exposure more effectively.

• Strategic Advisory on currency hedging for corporate. • It will prove to be a major support for all your forex decisions

that ultimately impacts your bottom-line

Research

Finrex research continuously monitors the Domestic and International markets, keeping you abreast of

fundamental events and technical indicators driving the markets. We are specialized in providing neutral

and unbiased FX researches and analysis. Make the most of the analysis that will reach you straight from

our research desk and other benefits that come along.

Our main competency lies in a corporate culture that applies the knowledge and experience of our

professional employees.

FX Knowledge Series: helps to understand the basic concepts related to Forex, Finance, Banking and

Economy.

Forex Risk Management Policy

At Finrex, our team has the ability to grasp the nuances of the market and constantly deliver tailor made

strategies that will suit your business the most. This is because we understand the risks associated with

international business and hedge them in the best possible way.

o To identify risk at each stage whether it pertains to

identification

, measurement monitoring or hedging.

o Define Forex Risk Appetite and Core Hedge ratio

o To improve the future cash flows.

Identify Exposures Formulate Currency Risk Management Evaluate Policy Results The Foreign & Adjust Exchange Hedging Process

Execute _{Determine Budget}

Hedging _{Rates &}

Strategy _Goals

Formulate Hedging Strategy

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Forex Live Rate

We can provide Forex Rate Screen with 28 Features covering all aspect of Forex in one place

o Negotiate with your banker while booking the forex rates- Spot, Forward Rate, Cash-Spot rate, Libor

rate, MCLR rate RBI Reference rate

o Smoothen Treasury functions like Benchmarking, Interest rate arbitrage calculator, Forward Booking

& Cancellation Calc, RBI circulars and notifications,

o Set Alerts & Many More …..

Banking Audit

o Are you aware of your Forex Transaction Pricing?

o Do you always calculate interest rate arbitrage between various funding options?

o How much bank is charging you & what is industry best practice?

Well, if the answer to either of the above question is a No, then our Treasury Audit service is a best suitable

solution. At Finrex we take a holistic approach towards Treasury and Forex audit. We are proud of our USP

service as we know the "tricks of trade".

How Do You Benefit

o Gap Analysis helps in process improvement

o To maximize profitability by reducing fees for foreign exchange transactions with banks.

o You benefit due to lifetime savings by availing of our Treasury and Audit services.

o Most importantly, you get to know the actual cost of your banking transactions.

Bank Liasoning: FX Outsourcing Service

FX is increasingly recognized as a business-critical function due to its high volatility. The cost and complexity

of achieving this can be considerable, in particular for SME's facing lack of scale and scope of FX and

Treasury activities to justify the investment required.

As an alternative, SMEs have the option of outsourcing their FX operations to us, thus getting an expert

advice at adorable prices. This enables MD/CEO of a company to concentrate more on strategic business

activities, without losing control over daily activities.

We manage and monitor FX exposures of our SME clients who may not be having dedicated

resources/department to take care of the same.

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Liability

Management

Liability Management services are useful to companies with medium and long term exposure to currency

and interest rate risks. Companies who avail funding in foreign currency under ECB, FCCB, global bond

issues as also under buyer credit and supplier credit are highly vulnerable to unpredictable changes in

exchange rates and interest rates. The Liability Management services would provide for

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Structured risk management solutions using swaps and options

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Comparative pricing of the hedge instruments and

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Accounting guidance to insulate P&L from valuation losses

The services would also include provision of a documented risk management policy.

Treasury Risk Audit – Review of FX Operations

Treasury Risk Audit is intended to assess

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How efficiently the risks are managed

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How the risk profile is built and reported to the Management

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How the overall business is impacted by treasury operations

The Risk Audit involves a review of treasury operations in the area of foreign exchange and fund

management, reporting systems and compliance with regulatory requirements. The Audit would validate

treasury systems, examine pricing efficiency, identify gaps in best management practices and suggest

measures for improvement. The audit may also extend to investment business and overseas operations,

where required.

Treasury Risk Audit will also be useful to companies to understand pricing of spot, forward and option

contracts and negotiate with banks for finer pricing, thereby adding to cost savings.

Treasury Risk Audit is an essential pre-requisite for companies in the context of (a) implementing critical

enterprise risk management processes (b) major investment decisions (e g acquisitions and mergers)

and (c) periodical assessment of treasury performance

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