AFEX partnership deck

1. AFEX Integrated Solutions
Matt Teumer
Enterprise Sales Director
M: +1 512 565 4564
mteumer@afex.com

2. • About AFEX
• AFEX Integrated Solutions
• Direct API
• Case Study: eGlobalfares
• Partner API “powered by AFEX”
• Case Study: PayRecs
• Our process
• Summary
• Resources
Agenda
2

3. We operate seamlessly 24
hours a day, 7 days a week,
trading approximately $30bn
in foreign exchange each
year for 35,000 commercial
and private clients.
We can handle every
aspect of a client’s
foreign payment needs,
from risk consultation to
transaction execution and
payment.
Headquartered in California,
AFEX is a trusted global payment
and risk management solutions
specialist with a heritage that
dates back to 1979.
About us
3
© 2019 Associated Foreign Exchange, Inc. All rights reserved.
We are licensed and in full
compliance with regulations
in every jurisdiction where
we operate.

4. AFEXINNUMBERS

5. Integrated Solutions: AFEX APIs
• AFEX offers two fully customizable integrated API models:
• Direct API connects your own ecosystem or ERP to our suite of global
payment, risk management and FX solutions
• Partner API enables you to offer payment services to your customers,
integrating with your existing systems
• Streamlined process:
• Straightforward implementation process, in complete collaboration with
your team
• Dedicated project management team offering both technical and account
management expertise from build though go-live and beyond
• Customized to your business – easily scalable as your business grows
Unique in the industry and
fully customizable to your
business needs, AFEX APIs
provide a gateway to our
unrivaled global payment,
regulatory, and
compliance infrastructure.
Instead of building your
own global payments
infrastructure, use ours.

6. Direct API
Direct API
If you need a solution for high volumes of global payments, our fully customizable API gives you
access to our suite of global payments and risk management solutions through your native
systems. This greatly increases efficiencies, by reducing errors and automating beneficiary
validation and payments reconciliation.

7. 7© 2019 Associated Foreign Exchange, Inc. All rights reserved.
Direct API Benefits
Manage your payment and risk management needs with our flexible, dynamic API -- integrate our full global payment
functionality within your own platform or ecosystem.
A customized solution
• Our tech and account management teams tailor a solution to your requirements
Unrivalled global payments network
• Efficient payments in more than 100 currencies to 180 different countries; secure mass payments in minutes, not days
Executional flexibility and risk management
• Book spot, fixed and flexible forward contracts and forward trades; schedule payments and drawdowns
Improved operational processes
• Significantly reduce errors and delays with automated beneficiary validation and account-specific reconciliation and
reporting
Account security
• Safeguarded data encryption authenticates all requests with unique API keys to assure your account is secure
Regulatory and compliance infrastructure
• Leverage our licensing and regulatory framework for rapid scale - Global reach can help open opportunities for your
business
Increased revenues
• Free your team up for more high-value work, allowing you to scale your business more easily

8. Client Spotlight: eGlobalfares
eGlobalfares provides software solutions to corporate travel management companies and leisure travel agents around the world. eGlobalfares technologyplatforms
provides them the capability to search, manage and book airline reservations across travel reservation platforms(Global DistributionSystems, or GDS), and additional
API connected sources of content.eGlobalfares works with many associations, consortia, and franchise members around the globe. They deploy their technologyto
tackle customers’ challenges in the travel space and do special developmentfor clients needingsoftware solutions.
Keybusinesschallenges: Solution:
• Real-time conversions: eGlobalfares’ clients book their reservations in the supplier’s currency with
live rates and pay with their local currency
• Automated process: AFEX API automatically processes the payments, reconciling incoming
transactions against invoices, and schedules outgoing payments.
• Visibility: eGlobalfares can view and manage currency balances, using the AFEX Instant payment
functionality to transfer funds to its other offices.
Clients pay in their local currency and
eGLobalfares converts to suppliers’ currencies
© 2019 Associated Foreign Exchange, Inc. All rights reserved.
High volumeof payments,requiring an automated
reconciliationand reporting function
eGlobalfaresneeds to supportits global offices
as well
Automated reconciliation and reporting function
reduces errors
Outgoingand incomingpaymentsin morethan30
currencies withclientsin morethan80 countries
Results:
Greater visibility of processes adding
operational efficiency and scalability
Saves time and money for
eGlobalfares and their clients
Working closely with the eGlobalfares team, AFEX created a fully customized solution, leveraging
the AFEX API for incoming and outgoing payments:
eGlobalfares launched in 2004 and has adapted to–and
anticipated—technological innovation in the travel industry.
With clients in 80 countries and counting, they needed an
efficient FX payments platform:
We started working with AFEX first because of their technology. The AFEX account and tech
teams collaborated with us and our tech teams to create a completely customized solution.
Our relationship with AFEX is a true partnership—we share ideas to support our clients to
enhance and expand our business offering.
Dave Rifkin. CEO
eGlobalfares

9. Partner API
Partner API “powered by AFEX”
Our API Partner model works with our complete partnership offering at AFEX.
Expand your service offering and revenue stream with a customized payments API that provides your clients
access to our global payments infrastructure without their ever having to leave your ecosystem.
By integrating our API, you can offer your clients a seamless global payment solution within your existing
user interface

10. 10© 2019 Associated Foreign Exchange, Inc. All rights reserved.
Our API seamlessly integrates into your platform or ecosystem to give your clients access to our full suite of international
payments and FX solutions:
A frictionless, synergized solution
• Customizable, flexible, partner-friendly and dynamic
Additional revenue stream
• Transform FX from a cost to a revenue stream with competitive profit sharing
Simple implementation process
• Dedicated team offers technical and account management expertise from planning to build though go-live and beyond
Improved operational efficiencies
• Your clients can validate beneficiaries, schedule spot payments, book forward contracts, track payments and create
reports, without leaving your ecosystem
Account security
• Safeguarded data encryption authenticates all requests with unique API keys to assure your clients’ accounts are secure
Fast onboarding
• Once the client details are submitted, AFEX manages onboarding and KYC processes
AFEX Partner API benefits

11. Client Spotlight: PayRecs
11
PayRecs is a startupfoundedbytwo foreign exchange and fintech professionals who saw a gap in the market for mid-market companies selling products and services
abroad.The PayRecs platform for receivables automates invoicing, payments collection and reconciliation. Their “intelligent invoicing” technology locks rates for their
clients and for their clients’ customers in their respective local currencies, streamliningthe entire process and taking away the guesswork about the costs of conversions
Keybusinesschallengesandwishlist Solution
• Real-time conversions: PayRecs clients can invoice customers in 36 different currencies, leveraging
PayRecs’ Intelligent invoicing and the AFEX payments infrastructure
• Tailored process: AFEX and PayRecs together designed a custom workflow for high volumes of
incoming payments
• Speed to market: PayRecs links via API into the AFEX payments infrastructure, licensing foundation,
and compliance framework for efficient client onboarding – no need to build out the capability
• Lower risk and no hidden fees for clients: transparent, efficient and secure
Efficient real time pricing in clients’ currencies
and in their customers’ currencies delivered by
technology compatible to PayRecs’ own
© 2019 Associated Foreign Exchange, Inc. All rights reserved.
Automated reconciliation and reporting
function reduces errors
Capable of managinghighvolumesof incoming
paymentsin multiplecurrencies
Results:
Greater visibility of processes adding
operational efficiency and scalability
Immediate proof of concept, giving sales
team momentum
By partnering with AFEX, PayRecs was able to go to market quickly and engage in substantive
conversations with clients:
Witha technologyplatformservinga real need inthe market,
PayRecs’foundersneeded a partner tohelp themscalerapidly
Within five minutes of talking with AFEX, we thought ‘this is exactly what we need.’…
No one else combines this kind of API technology with the financial backbone and the
depth of the AFEX payments network.
Jon Dobson. CEO
PayRecs
A streamlinedsolutionto offer clients:improve
cashflow,decrease fraud and eliminate hidden
fees and currency risk
A partner whocouldprovide a globalpayments,
complianceandregulatory infrastructurewithout
PayRecsneedingtoinvest timeandresource

12. Discover
• Determine scope
• Business case
• Proposal
• Client agreement
Initiate
•Access requirements
•Internal assessment
by AFEX Compliance,
Risk, Credit and
Operations teams
Define
• Detailed functional
and technical
requirements design
• API flow creation
• API test plan creation
• API beta creation
Execute
• End-to-end test
environment setup
• Test case execution
• Test result evaluation
• Address issues and
reiterate
Support
•After go-live,
active payments
account
management
•AFEX technology
support &
maintenance
API integration process
AFEX provides full support from scope through implementation to ongoing
account management, in complete alignment with your team

13. AFEX APIs overview
Efficient onboarding
 Create and manage client accounts with distinct API keys for reference and reporting
Beneficiary management
 Create and manage beneficiaries with validated bank and account details
Risk management
 Create, manage and report on forward contracts across global currencies
Payments
 Create, manage and report on both domestic and international payments
Reference
 We expose much of our metadata including details required for beneficiary set-up, limits,
rates, fees and supported currencies

14. API Benefits and Use Cases
• Established payments infrastructure
• Secure, rapid delivery with no intermediary fees
• Award-winning straight-through processing
• Licensed and regulated with a global footprint
• Leverage our regulatory and compliance structures rather
than building your own
• Flexible, user-friendly financial technologies
• Fully customizable API solutions with end-to-end support
• Increased revenue stream
• Transform your FX from a cost to a revenue stream with
competitive profit sharing
• Technological knowledge and strategic expertise
• Dedicated point of contact for advice and proactive
strategic support
• Price improvement
• Competitive rates & reduced fees
• Efficient hedging tools and favorable credit terms
• Pricing transparency
• Process improvement
• Increased operational efficiencies – automated beneficiary
validation, payments processing and reconciliation
• Full visibility and reporting capabilities
• Reduction of errors and better time management
• Simple account opening process

15. Visit apisolutions.afex.com
Follow AFEX on LinkedIn
T: +1 512 565 4564
E: mteumer@afex.com
Resources