Leveraging a team rich in international banking from the world's largest financial institutions, GPS combines tailored FX solutions with superior one-on-one service. As a premier FX brokerage firm, our clients range from small startups to multinational and publicly traded corporations.
"Our company philosophy is guided by three core principles: integrity, experience, and service. Our decisions are based upon carrying out these sound principles in unison to ensure that our clients' needs are met and interests protected."
Al Manbeian, Managing Partner
We feel a sense of loyalty to our clients and your trust is of the utmost importance to us. We do everything to obtain and keep that trust. When you engage in business with GPS, you work with a company who compliments its internal resources with trusted partners such as BDO, SWIFT, Bloomberg, and Reuters. As a financial institution, GPS is required by law to conducts its operations in accordance with all national regulations governing foreign exchange transactions. In addition, as with any financial institution, GPS must follow the same standards that are set for commercial banks as it relates to anti money laundering and know your customer laws. Regulatory authorities that oversee GPS include the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury (DCN 31000138812188), and the Financial Conduct Authority (FCA) in the United Kingdom (FRN 605598).
GPS's leadership team combines many years of international banking experience from the world's largest financial institutions. Each member of the GPS team is a seasoned and respected specialist in foreign exchange. All transactions, ranging from the simplest to the most comprehensive, receive the same level of expertise ensuring every solution optimizes your company's financial position.
Our award winning team partners with you so you can focus on growing the core aspects of your business. Our service commitment extends beyond simple trade execution and exposure analysis. From middle of the night calls to faraway places ensuring payment receipt to customizing FXpert® to meet your company's unique needs, we commit the necessary resources to ensure that your business needs are executed with the highest level of commitment from the GPS team.
A secure online platform, offers many features and options to better benefit your company and manage your foreign exchange. FXpert® allows you to perform FX payments, balance sheet hedging, intercompany netting, balance reporting, and cash flow forecasting from anywhere you have internet access.
A secure online platform, offers many features and options to better benefit your company and manage your foreign exchange. FXpert® allows you to perform FX payments, balance sheet hedging, intercompany netting, balance reporting, and cash flow forecasting from anywhere you have internet access.
Easily manage all of your payments on your own devices; perform simple spot transactions and receive the best exchange rates
GPS works with you as a consultant to develop customized balance sheet hedging strategies to mitigate your risk and protect your company
Crucial for companies with subsidiaries; net your subsidiaries' obligations to each other to reduce the number of transactions between entities while minimizing risk and allowing your company to perform better
Manage and view all of your global bank account details from one portal
Track your FX exposure forecasts over a period of time and helps you gain confidence in hedging accurately and efficiently
With GPS you don't have to get transferred around the world to obtain the help you need. One simple phone call connects you with your own experienced account executive that is always ready to help. Each account executive is then backed by a team of experts who make it their priority to help you with anything from the simplest to the most complex of foreign exchange questions and situations.
Our services extend beyond FX trade execution and FX exposure analysis. We work to truly partner with you, our client. With a studied understanding of your business, we offer a comprehensive, tailored currency strategy. Then, based on our analysis of your company's financial needs, we act decisively, executing foreign currency trades unrivaled by our competitors.
GPS Capital Markets was founded by bringing the best minds from the top multi-national banking institutions together. Since that time, we have structured hundreds of billions in FX transactions and saved individual clients millions of dollars. We help our clients enhance their financial positions and reduce their risk exposures
Effective FX payment processing starts with understanding your needs. GPS believes in offering clients a full arrange of FX payment options that are optimized for your unique exposure and risk needs. The foreign currency exchange strategies developed will ensure you receive the most effective rates while simultaneously protecting and strengthening your business. GPS considers not only the rates today, but global risks that might affect your interest years from now.
Companies need to define risks in order to create a FX currency hedging program that is effective and efficient. GPS helps identify and define these risks and then assists you in creating a customized FX hedging program to mitigate these exposures. As your advisor and execution partner, we help you from beginning to end.
Cash management fees are the most profitable fee income category for banks. As a result, over 75% of corporations overpay commercial fees. Banks continually increase their service fees especially in the face of new regulations. While every company has banking relationships, few if any have the expertise to understand, no less, negotiate their banking services and associate fees. This is where GPS can help. The GPS team brings unparalleled industry depth and focus to each of our clients. We don't just tell you what to do-we help you through it.
An international company was unable to obtain cost-effective FX payment processing or personalized service from its multi-national bank for routine foreign exchange payments.
A U.S. company was transferring over $1 million weekly to its Mexico manufacturing facility and was exposed to adverse FX currency fluctuations.
A large technology firm was enjoying rapid international growth but soon discovered that this success posed new pressures on their treasury operations. The firm found itself juggling spreadsheets from an increasing number of subsidiaries dealing in an increasing number of currencies. This meant growing FX risk exposure compounded by growing inefficiencies.
They knew they had to do something to strengthen their FX exposure management strategy, control risk and streamline the process while remaining SOX 404 compliant. They selected GPS who, after assessing the firm's true FX risks, developed an automated global solution, mitigating risk while driving efficiencies.
The tracking of positions and trades became difficult to manage. There were no standard time frames, procedures, or formats to acquire data. Each subsidiary created and sent data that had to be retouched and handed off to be traded. Data sharing occurred via emails and spreadsheets, impacting productivity while driving up the risk of error and the related impact on revenue. The company needed a system that could centralize, standardize, and automate their processes while ensuring the highest integrity and security
One main objective was to eliminate the inefficiencies and risks associated with keystroking vast amounts of data. GPS therefore enabled straight through processing (STP). This simple eliminating of data re-keying and manual analyzing offered immediate efficiency improvements while assisting the company to remain Sarbanes-Oxley (Section 404) compliant. Perhaps more importantly, it eliminated the unquantifiable risk of errors that can lead to bad trades and inaccurate bookings.
Simultaneously, FXpert® centralized the data, allowing for ready oversight while eliminating the inefficiencies of varied systems. By having all the data under one processing roof, FXpert® was able to reduce the company's number of subsidiary financial contracts by 90% - from an average of 500 outstanding to under 50. In turn, this aggregation of subsidiary contracts reduced the volume of transactions, thereby mitigating the losses associated with high volume of transactions.
The technology firm was eager to standardize their processes but knew they couldn't afford to disrupt business – or open themselves to new security risks. Nor could they afford to overhaul everything they did just to fit a new inflexible standard. They wisely demanded a customized solution that would not disrupt the integrity or security of operations.
As a result, GPS conducted a professional review of the firm's accounting practice as it related to the ASC 815 (FAS 133), ASC 830 (FAS 52). Then, throughout implementation, GPS continued to work closely with the company to customize the FXpert® product, ensuring it met the company's internal demands while delivering the requisite changes, seamlessly and securely.
Rapid international growth was straining this global technology firm – exposing it to risks, inefficiencies, losses in revenue and unnecessary stresses. By automating the process, consolidating the diverse systems, and greatly reducing the inevitable errors of keystroking, GPS delivered more than a better business solution. We delivered peace of mind.
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