The key stakeholders are:
Partner Banks: Banks can publish their deposit rates and raise wholesale deposits from global corporate and institutional clients seamlessly
Depositors (Direct Depositors): can access some of the best available deposit quotes and place these funds through a central custodian account. Typical Depositors are Corporates, Non Bank FI's such as Pension Funds/Insurance companies, Family offices, AMC's.
Client Banks / Other Partners: can offer attractive third party deposit products to their own customers using our platform as a white-labelled solution
Custodian acts as a central account holder, collecting the funds from the Depositors and depositing them on a fiduciary basis with the Partner Banks. We are currently working with Meteor Asset Management and Bank of Singapore as our Custodian partners.