This engagement focused on the design and optimisation of cross-border FX infrastructure between the United Kingdom and Brazil, with emphasis on execution efficiency, liquidity flow structure, and settlement architecture.
The client required a clearer and more efficient framework for managing FX flows across multiple jurisdictions, where execution inefficiencies and fragmented banking relationships were creating delays, cost leakage, and operational complexity.
The core challenge was not simply FX pricing, but the underlying infrastructure supporting currency movement, settlement timing, and counterparty routing.
The engagement followed a structured advisory process combining market mapping, infrastructure review, and execution pathway analysis.
A revised FX infrastructure framework was developed to improve execution efficiency and provide a more scalable structure for cross-border flows.
The proposed structure focused on reducing dependency on fragmented execution routes and improving alignment between liquidity access, execution timing, and settlement logic.
BHW Consult acted as a strategic advisory resource, supporting FX infrastructure design, execution analysis, and cross-border structuring input.
In cross-border FX environments, the primary constraint is often not pricing, but infrastructure fragmentation—specifically how liquidity access, settlement timing, and counterparty structure interact across jurisdictions.