Case Study

SmartConnect | Investment Companies

Company Overview

Sector: Investment

Situation: These companies offer global investment facilities to clients, who then require funds to be returned in the specific currency of the investment. The investment company has no currency capabilities so their clients are forced to complete transactions with third parties.

Challenges and needs: To provide the best product to their clients (as well as to stave off competition), investment firms need a solution that simplifies currency conversion and integrates it into their investment platform.

The Solution:
SmartConnect’s API Integration

Seamless Currency Conversion

With SmartConnect, investment firms are able to convert their funds into the required currencies directly within the platform, streamlining formerly clunky processes and eliminating the need for third-party services.

Increased Client Retention

Clients who may otherwise have switched to competitors would now find their needs covered by your platform alone. That means revenue that would formerly have seeped through the cracks in your business model now finds itself contributing to profit.

Revenue Generation

The revenue generating potential of this model also extends to the currency payments themselves. Where third parties had previously taken fees to make cross-border payments, investment firms can now generate their own revenue from this new stream.