Midaz in a global portfolio - Lerian

With Midaz, you can build a global account structure like the ones major banks offer. Clients hold accounts in multiple currencies, such as BRL, USD, and EUR. You manage every currency account under a single client profile.

What changes with Midaz

Without Midaz	With Midaz
Multi-currency accounts require separate systems or complex workarounds	Each currency is an ; accounts in different currencies grouped under one
No unified customer view across currencies	A single portfolio shows all of a client’s accounts (BRL, USD, EUR) in one place
Currency-specific reporting built manually per system	Filter the account list by portfolio through the API
Adding a new currency means provisioning new infrastructure	Create a new Asset and an account. The ledger handles the rest

Using Midaz

Organization and Ledger: ABC Bank registers as an Organization in Midaz. It then creates a Ledger to track all customer transactions.
Assets: The bank defines an Asset for each currency it supports.
Customer Portfolios: Each customer has a Portfolio. It groups their checking, savings, and credit accounts in one place.
Customer Accounts: Create an Account for each currency the customer uses. Group these accounts under the customer’s Portfolio.