Solutions ยท Cash & Multi-Currency
Every currency, reconciled to the same cent.
Base currency. Share-class currency. Trading currency. Tracked as one connected view, not three spreadsheets somebody reconciles by hand.
Without it
A trade settles in one currency. The share class is denominated in another. The fund's base currency is a third. Translating between all three is a manual step. It's usually the step where small errors creep into NAV.
With Jheel
Every currency involved in a position, from trade to share class to base, is tracked against the same FX rates on the same ledger. Translation happens once, automatically, and it happens the same way every time.
What it does
Cash and currency, handled as one problem
Multi-currency cash ledger
Cash balances tracked natively in whatever currency they actually sit in.
Automatic FX translation
Base, share-class and trading currency reconciled against the same rate source.
Hedge tracking
Currency hedges tied to the positions they cover, not managed as a separate book.
Currency-level P&L
Performance attributable by currency. Not blended into the total.
Cash reconciliation
Bank and custodian cash balances matched against the ledger automatically.
Rate history
Every FX rate used is stored against the transaction it applied to, for audit.
How it connects