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MillTech

by MillTech · Since 2020
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ActiveAvailable globally
Quick facts
VendorMillTech
Year launched2020
StatusActive
Location88 Wood Street, London, England EC2V 7QR, GB
Countries servedGlobal
Languages12
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About MillTech

An FX-as-a-Service platform providing automated FX management, cash investment solutions, and trade workflow automation for investment managers and corporate treasurers.

MillTech is a specialized FX-as-a-Service (FXaaS) platform designed to democratize institutional-grade foreign exchange and cash management for investment managers and corporate treasurers. Born out of Millennium Global Investments, the platform focuses on transparency, automation, and cost reduction in an industry traditionally characterized by manual processes. Core capabilities include multi-bank FX execution, an integrated marketplace for money-market funds, and advanced risk advisory tools like 'Co-Pilot'. By externalizing the execution and governance infrastructure previously reserved for the largest institutions, MillTech enables clients to access preferential rates from Tier 1 banks and automate complex treasury workflows. The platform is built for scalability, supporting over $500bn in annual client FX transactions. While the solution is highly specialized for financial institutions and global corporations, its focus on best execution and automated compliance makes it a robust choice for organizations looking to modernize their treasury operations.

Pros & Cons

Pros
  • Provides institutional-grade FX execution and liquidity access to a broader range of clients.
  • Automates manual treasury workflows to reduce operational costs and risk.
  • Offers an integrated marketplace for both FX hedging and cash investments.
  • Leverages over 30 years of currency investment heritage for risk advisory.
  • Delivers high transparency and best execution through purpose-built technology.
Cons
  • Pricing is not publicly disclosed and requires contact with the sales team.
  • The platform is highly specialized for financial institutions and may not be suitable for general business needs.
  • Requires specific financial infrastructure like ISDA agreements for full functionality.

Features

Key features

FX Management

Provides multi-bank ISDA set-up and agency execution to reduce hedging costs.

Cash Management

Automates cash investments via an integrated marketplace of money-market funds.

Co-Pilot

Offers risk advisory and calculation services to optimize cash returns and FX decision-making.

Trade Workflow Automation

Automates manual treasury workflows to improve operational efficiency.

Transaction Cost Analysis

Delivers analytics to ensure best execution and transparency in FX trading.

Additional features

Liquidity Access

Connects clients to preferential FX rates and credit terms from up to 15 Tier 1 counterparty banks.

Risk Advisory

Leverages deep currency investment heritage to help clients navigate risk profiles.

Best Execution

Purpose-built infrastructure designed to deliver institutional-grade execution at scale.

Treasury Governance

Provides infrastructure to support best practice in treasury-related activities.

Marketplace Integration

Offers a single platform for managing both FX hedging and cash investments.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
12
Interface languages
16
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianPortugueseDutchRussianChineseJapaneseKoreanArabic.

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇳CNY🇭🇰HKD🇸🇬SGD🇨🇭CHF🇸🇪SEK🇳🇴NOK🇩🇰DKK🇳🇿NZD🇰🇷KRW🇮🇳INR

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