1. Ripple ODL - Ripple is offering us product Ripple ODL where we can utilize liquidity to process transactions and settlement period is spread over 5-9 day. Ripple raise invoice with us for settlement amount of previous week (T-T+5) on the following monday (T+6), which we are expected to settle on friday (T+9). To make it profitable, we dont draw liquidity in single currency, we draw it in EUR and settles with Ripple in USD. This help us make additional income on FX handled through ripple
1.1. Revenue
1.1.1. Revenue from ODL as we keep excess liquidity in the form of FDs
1.1.1.1. Average balance we have from this and how much we gain - How long do we have these FD's
1.1.2. FX earning - on EUR buying from Ripple ODL
1.2. Expenses
1.2.1. JPMC Cost - FX cost to convert EUR to USD
1.2.2. Bitstamp Cost - to convert Xrp to EUR
1.2.3. Withdrawal fee - 3 EUR withdrawal fee on EUR sepa payment
1.2.4. Ripple ODL fee: programe fee of 0.03% as ripple is offering us liquidity
2. NIUM
2.1. Expenses
2.1.1. PO created
2.1.1.1. Compile a list of open PO's
2.1.1.1.1. Track invoices processed against each PO
2.1.2. Non PO
2.1.2.1. Beat the requestors on why they committed without a formal approval process
3. Planning
3.1. NIUM
3.1.1. Institution
3.1.1.1. Sander
3.1.2. Consumer/SME
3.1.2.1. Sahil
3.1.3. Crypto
3.1.3.1. Lucia
3.1.4. ??
3.2. Ixaris
3.2.1. Benyam
3.3. WireCard
3.3.1. RV
3.4. SoCash
3.4.1. ??
4. Bank Matching
4.1. Transaction System
4.1.1. This has all entries including bank entries
4.1.1.1. Club both
4.2. Bank Entiries
5. Our Portfolio
5.1. **NIUM** (standalone)
5.1.1. Legacy business known as "Instarem" which is serving Consumer/SME (Yogesh Sangle)
5.1.1.1. Send
5.1.1.1.1. Revenue
5.1.1.1.2. Expense
5.1.1.2. Remittance as a Service (RaaS)
5.1.1.2.1. Revenue
5.1.1.2.2. Expense
5.1.1.3. Cards (Amaze)
5.1.1.3.1. Revenue
5.1.1.3.2. Expenses
5.1.1.4. SBM
5.1.1.4.1. Revenue
5.1.2. NIUM - Institutional (Frederick Crosby)
5.1.2.1. Receive
5.1.2.1.1. Revenue
5.1.2.1.2. Expense
5.1.2.2. B2B (Send)
5.1.2.2.1. Revenue
5.1.2.2.2. Expense
5.1.2.3. BPSP
5.1.2.3.1. Revenue
5.1.2.3.2. Expense
5.1.2.4. Rebate Expenses
5.1.2.5. Bulk Deals (This is carved out based on the customers from B2B)
5.1.2.5.1. Revenue
5.1.2.5.2. Expense
5.1.2.6. Cards/Banking as a Service (BaaS)
5.1.2.6.1. Revenue
5.1.2.6.2. Expense
5.1.3. New initiatives are categorized as "NIUM Labs" - (Joaquin Ayuso)
5.1.3.1. Crypto as a Service (CraaS)
5.1.3.1.1. 1. Crypto Invest - enable client's customers to buy, hold & sell crypto via API services 2. Crypto Accept - enable clients to accept payments in crypto, disbursed in local currency
5.2. Ixaris (Spencer Halon)
5.2.1. Revenue
5.2.1.1. Fx Margin
5.2.1.2. Fees
5.2.1.3. Rebates
5.2.2. Expense
5.3. WireCard (Kailash Gupta/RV Bhatt)
5.3.1. Revenue
5.3.1.1. Fx Margin
5.3.1.2. Fees
5.3.1.3. Rebates
5.3.2. Expense
5.3.2.1. Commission to agents
5.4. Income from FD
5.5. Other income
5.5.1. Grants from Singapore government
5.5.2. R&D tax credit in various jurisdictions