London Area, United Kingdom
Foreign exchange is one of the most opaque and operationally complex areas in fund management. At MillTech, we help clients turn FX from a cost centre into a competitive edge. Our award-winning FX-as-a-Service platform supports over $500bn in client FX flows annually, providing investment managers with automated access to tier-1 liquidity, real-time execution analytics, and integrated risk and reporting workflows. Common challenges we help solve: 1) Unclear FX costs buried in opaque spreads, ‘credit charges’ and inconsistent execution 2) Manual workflows that waste time and increase operational risk 3) Fragmented counterparty setups that limit pricing and scale 4) Governance pressure from boards and LPs for better transparency and oversight 5) Managing the liquidity impact of FX hedging on funds with illiquid assets Through our Co-Pilot advisory service, we also help clients define and implement hedging strategies that align with their fund structure, asset class, and liquidity profile—providing practical support across policy design, liquidity modelling, and ongoing governance. In 2025, we expanded into Cash Management, enabling clients to optimise idle cash via automated access to MMFs and institutional deposit products. If FX is still a blind spot in your operation, we can help you bring it into focus—with full transparency, control, and confidence.