Deaglo Offers a White Label Platform That Will Benefit Financial Institutions

Deaglo, which provides foreign exchange solutions as an emerging FinTech company, has announced that it will now be a white label solution and made available to financial institutions.

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 the four main challenges that financial institutions are facing:

1. Sales teams benefit from processes that boost client engagement and make the sales cycle shorter. This includes showing the benefits of hedging and data-driven tools that allow hedging to be more understandable to clients.
   
   
2. Account management will be reduced significantly by Deaglo’s platform, which reinforces the FX hedging lifecycle. This will benefit performance reporting, product selection, and client education.
   
   
3. With Deaglo’s platform, credit teams can make better, risk-aware decisions through margin simulations and predictive analytics.
   
   
4. Compliance teams can speed up client onboarding by using hedging advice from a centralized database that will ensure sales teams can meet regulatory standards and follow internal guidelines.

When dealing with FX hedging, it’s expected that there will be complexities, inefficiencies, and risks. Traditional FX hedging processes can be unnecessarily difficult when it also requires input from multiple stakeholders across sales, credit, and compliance departments. FX teams also depend on Bloomberg terminals, broken systems, and spreadsheets that can be time-consuming when working with data analysis, which can lead to mistakes and missed opportunities.

Financial institutions can now control the entirety of a client’s hedging process with the Deaglo white label platform. Additionally, it offers a solution that is user-friendly and data-driven with beneficial insights and is integrated with AI and automation. Some of its tools include the Strategy Simulator, Hedged vs Unhedged Simulator, Exposure Management, Margin Simulator, and FX Options Builder. These help financial institutions meet the needs of multiple stakeholders, modify workflows for FX sales teams, compliance officers, account managers, account managers, and support clients in making faster, data-driven decisions.

Deaglo is committed to constant evolution and advancement within its platform and is eager to share more updates soon. In Q1 2025, Deaglo will launch potentially its most powerful tool yet: Insight Hub.

“The Insight Hub is going to revolutionize 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.”