FXIQPro

About FXIQPro

FXIQ provides a comprehensive platform for currency exchange brokers, integrating transaction management, compliance tools, and risk assessment through APIs and open banking solutions. This technology streamlines remittance processes, enhances operational efficiency, and minimizes fraud, enabling brokers to manage their businesses effectively across global markets.

```xml <problem> Currency exchange brokers face challenges in efficiently managing transactions, ensuring regulatory compliance, and mitigating fraud risks across global markets. Manual processes are slow and prone to errors, while disparate systems complicate risk assessment and reporting. </problem> <solution> FXIQ provides a comprehensive platform designed to streamline operations for currency exchange brokers. The platform integrates transaction management, compliance tools, and risk assessment capabilities through APIs and open banking solutions. By automating workflows and centralizing data, FXIQ enables brokers to manage customer interactions, optimize currency exchanges, and monitor business performance across multiple branches. The platform's features minimize fraud, enhance operational efficiency, and ensure adherence to regulatory requirements. </solution> <features> - Integration with global ID vendors for identity verification in over 200 countries. - Configurable risk engine that translates AML policies into a practical risk assessment calculator. - Open banking integration for secure and streamlined payment collection via direct bank transfers. - API-driven transaction management system for efficient and accurate financial workflows. - Agent management module for rapid onboarding and controlled access, providing a 360-degree view of agent activities. - Real-time data-driven insights into business performance, including margin analysis and profitable currency pair identification. - FXIQ Vista: Personalized customer-facing website with custom branding, responsive design, and secure transaction capabilities. </features> <target_audience> FXIQ primarily targets currency exchange brokers seeking to improve operational efficiency, ensure regulatory compliance, and mitigate fraud risks. </target_audience> ```

What does FXIQPro do?

FXIQ provides a comprehensive platform for currency exchange brokers, integrating transaction management, compliance tools, and risk assessment through APIs and open banking solutions. This technology streamlines remittance processes, enhances operational efficiency, and minimizes fraud, enabling brokers to manage their businesses effectively across global markets.

When was FXIQPro founded?

FXIQPro was founded in 2024.

Founded
2024
Employees
11 employees
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FXIQPro

Score: 84/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

FXIQ provides a comprehensive platform for currency exchange brokers, integrating transaction management, compliance tools, and risk assessment through APIs and open banking solutions. This technology streamlines remittance processes, enhances operational efficiency, and minimizes fraud, enabling brokers to manage their businesses effectively across global markets.

fxiqpro.co200+
Founded 2024

Funding

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Team (10+)

Nkem Ogunseitan

Business Analyst

Jeremiah Fashola

Product Design l Tech Enthusiast l Brand Identity & Graphics Design. Let's collaborate and bring your creative visions to life!

Opeyemi Ajiboye

WordPress Developer | WooCommerce & SEO Specialist | YACSS | Aspiring Front-end Developer

Don Daniel

Software Engineer - React & React Native

Company Description

Problem

Currency exchange brokers face challenges in efficiently managing transactions, ensuring regulatory compliance, and mitigating fraud risks across global markets. Manual processes are slow and prone to errors, while disparate systems complicate risk assessment and reporting.

Solution

FXIQ provides a comprehensive platform designed to streamline operations for currency exchange brokers. The platform integrates transaction management, compliance tools, and risk assessment capabilities through APIs and open banking solutions. By automating workflows and centralizing data, FXIQ enables brokers to manage customer interactions, optimize currency exchanges, and monitor business performance across multiple branches. The platform's features minimize fraud, enhance operational efficiency, and ensure adherence to regulatory requirements.

Features

Integration with global ID vendors for identity verification in over 200 countries.

Configurable risk engine that translates AML policies into a practical risk assessment calculator.

Open banking integration for secure and streamlined payment collection via direct bank transfers.

API-driven transaction management system for efficient and accurate financial workflows.

Agent management module for rapid onboarding and controlled access, providing a 360-degree view of agent activities.

Real-time data-driven insights into business performance, including margin analysis and profitable currency pair identification.

FXIQ Vista: Personalized customer-facing website with custom branding, responsive design, and secure transaction capabilities.

Target Audience

FXIQ primarily targets currency exchange brokers seeking to improve operational efficiency, ensure regulatory compliance, and mitigate fraud risks.