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FX RISK · FINANCE COST OPTIMISATION

Better treasury decisions.Stronger bottom line.

Backed by market research, technology, and decades of practical experience.

25+
Years
Treasury & Financial Market Experience
Specialist Team
Multi-domain expertise across treasury, trade finance & technology
Research Driven
Daily Currency, Interest Rate & Economic Analysis
Technology Enabled
Advisory powered by Data & Automation
The Problem We Solve

Where exporters lose margin — and how we fix it.

The Problem

Most exporters lose margin to avoidable treasury decisions — not to weak products or weak sales, but to currency volatility, financing costs, and inefficient banking.

Our Purpose

We help exporters protect margins, improve cash flow, and build a structured treasury function.

Independent advice. Research-backed. Practical to execute.
Our Team

Multi-domain expertise, one advisory team.

Multi-Discipline Market Analysts

Technical, fundamental & behavioural finance

Trade Finance Specialists

Export finance, LC structuring (UCP 600) & DGFT compliance

Working Capital Specialists

Debtors, creditors, cash cycle & working capital lines

IT & Technology Professionals

Building the treasury systems that power our advisory

Treasury & Banking Specialists

Cash & liquidity, FX risk & banking cost optimisation

Specialist Associate Network

CAs, DGFT consultants, ERP partners & legal advisors

Leadership

The person leading every engagement.

ST
Sajan ST
Founder &
Principal Treasury Advisor

25+
Years in markets, treasury & FX
15+
Sectors served across India
Team
Backed by specialist analysts & associate network

Analytical Depth
  • Grounded in CMT (Chartered Market Technician) methodology
  • Technical, fundamental & behavioural analysis
  • Derivatives strategy & FX risk modelling

Qualifications
  • MBA (Finance)
  • NSE Certified — Derivative Strategies
  • NISM Certified Investment Adviser
Connect on LinkedIn
Founder & Principal Treasury Advisor

25 years reading markets — put to work for exporters.

Sajan ST has spent more than 25 years at the intersection of financial markets, treasury management, foreign exchange, and technical analysis — building deep analytical capability grounded in CMT (Chartered Market Technician) methodology and derivatives strategy.

That's a career that has traded through the 2008 Global Financial Crisis, the 2013 rupee collapse, and the 2020 COVID crash — three of the most violent breaks Indian exporters have faced.

That experience is what shapes every recommendation today: judgement built from real market scenarios, not textbooks — capable of delivering results even when conditions turn unpredictable.

Over 25 years he has worked with exporters across India, developing practical solutions for banking cost optimisation, FX risk management, export finance, and treasury reporting — and now leads FX Capital India's research, advisory, and technology initiatives.

Sajan is supported by a highly experienced team drawn from multiple domains — market analysts, trade finance specialists, working capital experts, treasury and banking professionals, and technology specialists — bringing multi-disciplinary depth to every engagement.

Why Clients Choose Us

Four reasons exporters work with us.

Our Values

The principles that guide every engagement.

Practical Over Theoretical
Solutions built for execution — not for PowerPoint.
Judgement Over Formulas
Markets don't fit templates. Neither do exporters.
Long Relationships Over Quick Wins
Not a one-hedge relationship — a treasury partnership that grows with your business.
Straight Answers, Not Spin
If a strategy carries risk, we tell you before we recommend it — not after.
Client Confidentiality

Treasury data stays treasury data.

Treasury data is among the most commercially sensitive information within an export business.

As a matter of policy, we do not publish client names, banking relationships, hedge positions, or financial results — without explicit written permission.

Instead, we share anonymised case studies that demonstrate our methodology, approach, and outcomes — while protecting client confidentiality.

Case Studies

Read anonymised case studies of our work with Indian exporters — published on our Blog and Substack.

Independent By Design

Our advice is completely independent.

We are not affiliated with any bank, financial institution, or product provider. We do not earn commissions from loans, forward contracts, insurance products, or investment products.

Our recommendations are based solely on what is commercially best for the client. That independence allows us to benchmark banking relationships objectively and recommend solutions without a conflict of interest.

Our objective is simple — deliver measurable improvements in treasury performance through independent advice, technology, and disciplined execution.

No Bank Affiliation No Product Commissions Fee-Based Advisory Only On Your Side of the Table
Our Thinking

Research, market outlook, and treasury insight — published every week.

The Blog

Deep-dive articles on treasury, banking, and export finance — written for CFOs and finance managers of Indian export businesses.

Read the Blog →

Substack

Direct-to-inbox market notes from Sajan ST — plain language, no fluff, focused on what exporters need to act on.

Subscribe on Substack →

Weekly FX Outlook

Focused currency, rates & macro reads for exporters — the same intelligence our clients receive.

Read Weekly Outlook →

Or start a conversation about your treasury.