Tender to +20 providers & save an average 41%
Achieve a best execution policy
Adda's multibank tender service empowers clients to negotiate fixed band pricing agreements with their existing and new liquidity providers
Access all tier 1 banks & brokers
Adda allows clients to gain interactive visual insights into the tender submissions put forward by a panel of up to 20 tier 1 liquidity providers
Leverage our expertise
Because we act of behalf of hundreds of clients, you benefit from our aggregated negotiating power and industry expertise to ensure banks & brokers 'toe the line'
How the tender process works
The process is all managed from adda & takes less than 14 days to complete
1
Benchmarking
Adda runs a trade auditing report on your historic spot and forward trades to benchmark the average margins being charge per bank, currency pair and product class
2
RFP released
Adda then releases a 'request for proposal' to your existing counterparties and a panel of tier-1 banks and brokers
3
Results in, start saving
After a 14-day RFP period, the submission results are uploaded to your portal and discussed with a senior advisor - improved execution terms being the ultimate objective
Request a demo RFP report
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About adda fx
analytics
We aim to empower finance departments gain clarity in opaque markets
Adda analytics is tech arm of the global multi-asset advisory firm Audere Solutions.
Audere's team set out to challenge the opaque trading dynamics that govern the foreign exchange markets.
For years banks and brokers have benefited from this lack of transparency - embedding hidden costs and reducing execution quality.
Our multi-bank tendering service helps clients secure transparent, long-term improved pricing structures