Managed Spot applies an approved standing instruction to the amount your business intentionally leaves open: act now, arm a named level or use the due date as the backstop.
The authorised client selects the policy and approves it in advance. SettlePoint does not switch settings because the market is labelled “trending” or “risk-off”, and it does not choose a trade from a view on the rand.
What changes operationally: the instruction is visible before action, the armed rate and deadline are named, policy exceptions carry a reason, and settlement closes the plan into the same invoice record.
SettlePoint never moves or holds money. Execution remains with your authorised person and bank unless the client has separately approved a standing workflow.
You set your own rules: how much of each invoice must be covered, and by when; the exchange rates your budgets assume; what to do when the market turns rough. SettlePoint checks every invoice against your rules each day, tells you the exact top-up amount when you’re behind, records it formally when you choose to deviate, and shows your board how well the rules were followed.
Every version of your policy is kept for good: who dictated it, when, and exactly what it said. Nothing is ever edited or deleted: a change is always a new version, on the record.
Every invoice converts eventually. For the part your cover schedule hasn’t reached, these three approaches decide when that conversion happens at spot: today, when a level in your favour is reached, or on the due date. None of them books forward cover: that is step one above. Their rules are fixed and never change: they were tested on more than 50,000 real invoices they had never seen before, and every message you receive is simply your chosen approach being carried out, never our opinion on where the rand is going.
Choose this when keeping the possible final-rate range narrow matters most. The full open spot amount runs through the risk compressor. Across the four sealed party-era cells, its managed-spot dispersion was 20% to 26% of unmanaged due-date settlement. It is risk control, not a savings promise, and the separate cover decision may still use an FEC when your real quoted price makes that insurance worthwhile.
Choose this when you want a middle risk setting. Of the amount left at spot, 75% follows the base execution rules and 25% the risk compressor. Depending on the invoice state, it can act now, arm a favourable level, or settle at due. It was ahead of settle-now on a pooled basis in both sealed eras, but not in every individual currency-pair and client-side cell.
Choose this only when your business can carry the widest range of outcomes. The full open spot amount follows the base execution rules. The risk guard may act immediately; otherwise the policy arms a favourable level and uses the due date as the hard backstop. Any level-trigger history is shown only for the matching pair, client side and tenor among invoices that actually armed a level; a trigger is not a better-than-settle-now result.
The strongest confirmed claim is risk, not return. In sealed historical testing, Risk First compressed managed-spot outcome dispersion to 20%–26% of unmanaged due-date settlement across four party-era cells. Balanced and Opportunity First outcomes varied by period, pair and client side; no better-rate promise is made. Where these figures come from →
Confirm a plan and the invoice carries a small timeline: the level it’s watching, checked on every closed hour; a transact-now message the moment your level is reached; a settle instruction at the deadline if it never is. Beside it, the desk’s minutes: carry against your bank’s margin, the historical range of outcomes on invoices like it, the market state, the calendar. Each seat one sentence, none of them a vote. Your approved policy chose the action before any of them spoke.
Every confirmation, trigger and settle is recorded the moment it happens, append-only, and a ledger grades every claim against one benchmark: settling immediately. At renewal you don’t get a story; you get a record.
For a client-specific assessment, SettlePoint starts with the company’s invoice, quote and fill evidence, then runs a frozen shadow period before any result is treated as prospective proof.