Services
Seven services. One integration.
Every service below is available through one integration with the orchestration platform. Take the whole platform, or take the single service you need.
Jump to a service
01
Safeguarding trust services
Service 01 of 07
Access to a Canadian safeguarding trust company that holds your end-user funds in trust, keeping them segregated from your business and protected under a trustee. The trust company can also supply a bare trust and access to banking, so your safeguarding and your banking are solved together. This is the core of the RPAA-compliant safeguarding regime the platform is built around.
02
Debanking mitigation
Service 02 of 07
Most MSBs are stuck with pre-funding and processing accounts at credit unions and small, expensive banks, relationships that can end without much warning. MDD moves you towards a more stable footing: end-user funds safeguarded in trust, custodied at a tier-one bank, properly accounted for and reconciled. That combination makes you the kind of MSB a bank wants to keep, and gives you a credible path to tier-one banking and payment services.
03
End-user accounting
Service 03 of 07
MSBs move third-party funds but rarely have an in-house accounting department, and many Canadian CPAs and public accounting firms will not take on MSBs as clients, because they move third-party funds and are not prudentially regulated. That leaves a real gap, because the RPAA effectively requires you to account for and reconcile end-user funds at the fund level, demonstrating that end-user money is segregated and reconcilable at all times.
MDD provides that end-user accounting and reconciliation as part of the platform. Where it makes sense, we can also deliver these services through a Barbados subsidiary at a fraction of the cost of comparable accounting in Canada.
04
Safeguarding consultancy
Service 04 of 07
Practical, hands-on help meeting your safeguarding obligations: choosing and standing up the right safeguarding method, documenting your safeguarding-of-funds framework, and keeping it current as your business changes. We focus on commercially sensible solutions that can actually be implemented and operated, not ideas that only look good on paper.
05
Cross-border payment services
Service 05 of 07
Move funds across borders and between accounts through the platform's integrated payment services provider. Because the PSP is already connected to the orchestration platform alongside the trust company and custodian bank, your payments, safeguarding and custody work together instead of being stitched across separate vendors.
06
Acquiring a US sponsor bank
Service 06 of 07
Many Canadian fintechs want to establish in the United States and set up services with a US sponsor bank. On your own that can take one to two years, because the real work is not selling to the bank's salespeople, it is finding, and earning the trust of, the decision-makers who actually approve sponsorship, infrastructure and access.
MDD holds extensive, deep relationships with decision-makers across a number of US banks. We can position your fintech quickly with the right people and set you up for access, infrastructure and growth, compressing a process that usually runs for years into something far shorter.
07
Cross-border structuring
Service 07 of 07
Legitimate cross-border structuring that lowers your tax cost and your accounting cost at the same time. A Barbados subsidiary, for example, can let an MSB earn low-tax profits and obtain accounting services at roughly a third of the Canadian cost, while keeping the arrangement fully compliant and defensible. As with everything MDD does, the emphasis is on structures that are real, commercial and can be operated over time.
Note: this content is drafted as marketing copy. Tax and regulatory outcomes depend on your specific facts; MDD works alongside your legal and tax advisers, and nothing here is legal or tax advice.
One integration. Safeguarded, banked, reconciled.
Talk to us about integrating with the orchestration platform, or about any single service in it.