It acts only inside your rules
The agent has no judgement calls to make. If a move would break a limit, the move doesn’t happen.
Your cash never sleeps.
Avessa is an always-on treasury agent. It moves idle cash into tokenized money-market funds and T-bills, then brings it back in time for payroll.
Agent active
Saturday 02:14
Illustrative
Working in funds
$6,200,000.00
Held at the bank
$1,500,000.00
- Swept $2,600,000 into funds after the closeWithin policy
- Return scheduled ahead of Monday paymentsQueued
Avessa is a technology company, not a bank, broker-dealer or investment adviser. Figures shown are illustrative.
Cash keeps office hours.
Your business doesn’t.
Receipts land in the afternoon and wait until morning. Moving them at six in the evening is nobody’s job, and the fund desk has already closed.
From Friday at five to Monday at nine is 64 hours. Your balance spends every one of them sitting still in an operating account.
Money set aside for payroll or a supplier run sits for days before it leaves. Sweeping it by hand, then pulling it back in time, isn’t worth a treasurer’s afternoon.
64of 168 hours
Monday to Friday, 17:00 to 09:00
Most of the week, nobody
is watching the cash.
- Hours in a week
- 168
- Hours a nine-to-five desk is staffed
- 40
- Hours your cash is left waiting
- 128
- Of every week
- 76%
Set it up once. It runs every night after that.
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1Connect your accounts
Link the operating accounts you already use. Avessa reads balances and upcoming payments, so it knows what is idle and what is spoken for.
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2Your CFO sets the rules
Decide the floor that stays at the bank, which instruments are allowed, and how much can sit in any one of them. The agent cannot act outside these limits.
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3The agent sweeps what is idle
Cash above your floor that isn’t needed soon goes into tokenized money-market funds and T-bills. At six in the evening or on a Saturday, it makes no difference.
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4It’s back before you need it
Avessa reads your payment calendar and redeems just ahead of payroll and supplier runs. The money is in the account before the run starts.
One week of cash,
hour by hour.
Press play, or drag across the week. Watch the balance go to work each evening and come back before each payment run.
Monday 00:00
The floor is held at the bank. Everything above it is at work.
At the bank$1,500,000
Working in funds$5,200,000
Treasury policyVersion 3, CFO approved
Illustrative
The policy is yours.
The agent just keeps to it.
Name the amount that never leaves the bank. The agent only works with what sits above it.
Choose what counts as a safe home for idle cash: tokenized money-market funds, tokenized T-bills, or both. Nothing else is ever bought.
Cap how much can sit in any single fund. If a sweep would breach the cap, the agent splits it or leaves the cash where it is.
Small routine moves go through on their own. Anything above your threshold waits for a named person to approve it.
You decide who can pause the agent, recall cash or change a limit. Every change to the policy is recorded with a name and a time.
Every dollar, where it is
and why it’s there.
One view of your positions, what is due and what the agent has done about it.
Overview
Thursday 23:40
Agent active
Illustrative
Total cash
$6,900,000.00
At the bank
$1,500,000.00
Working in funds
$5,400,000.00
Positions
| Holding | Amount | Share |
|---|---|---|
| Treasury bill fundTokenized T-bills | $2,700,000 | 39% |
| Government fund ATokenized MMF | $1,600,000 | 23% |
| Government fund BTokenized MMF | $1,100,000 | 16% |
| Operating ··4417Bank account | $1,500,000 | 22% |
Upcoming obligations
- PayrollFri 09:00$1,800,000Return set for 05:45
- Supplier runWed 10:00$2,100,000Covered by positions
- Quarterly tax15 Oct$640,000Covered by positions
Agent activity
- Checked balances. Nothing above the floor.No action
- Swept $900,000 into Treasury bill fund. Settled on-ledger.Within 40% limit
- Receipt of $900,000 seen in Operating ··4417.Held until close
- Scheduled Friday’s payroll return for 05:45.From calendar
An agent with no discretion, and an off switch.
Every move is on the record
Each sweep and return is logged with its amount, its time and the rule that allowed it. Month-end has nothing to reconstruct.
Agent active
Try it. One switch stops everything.
Pause it whenever you like
Stop the agent with one switch. Positions stay exactly where they are until someone you’ve authorised says otherwise.
Why tokenized funds,
and why Canton.
Tokenized money-market funds and Treasuries on Canton can settle at any hour, on any day. That is what lets an agent work the evening and the weekend.
Cash and fund units change hands in one atomic transaction. There is no gap where you have paid and not yet received.
Canton is a public network built for finance, with privacy at its core. Your positions and movements are visible only to you and the counterparties to each transaction.
Avessa’s workflows are written as Daml smart contracts. Who may move what, and within which limits, is defined in the transaction itself.
| Question | Sweeping by hand | With Avessa |
|---|---|---|
| When it happens | When someone has time, before the cut-off | Any hour, any day |
| Weekends | Cash waits for Monday | Cash keeps working |
| Getting it back | Redeem, wait, check it arrived | Returned ahead of each scheduled run |
| The limits | A policy document people try to follow | Rules the agent cannot step outside |
| The record | Spreadsheets and email threads | Every move logged with the rule behind it |
Built for the people who answer for the cash.
CFOs
Set the policy once, then see it followed every night. No extra headcount, no new habits for the team to keep up.
- Board-ready record of where cash sat and why
- Limits you define, not ours
Treasurers
The routine sweeps and returns are handled. Your time goes to the exceptions, the forecasts and the decisions that need a person.
- Approval queue for anything above threshold
- Recall cash yourself at any time
Finance leads and controllers
Every movement arrives with its amount, its time and the rule that triggered it. Reconciliation starts from a clean ledger.
- One log across accounts and funds
- Nothing to piece together from emails
Questions a careful CFO asks.
If yours isn’t here, request access and ask us directly.
Is Avessa a bank or a fund?
No. Avessa is a technology company. It is not a bank, a broker-dealer or an investment adviser, and it does not run a fund. The agent moves your cash between your own accounts and the instruments your policy allows.
What does the agent put our cash into?
Only what your policy permits: tokenized money-market funds and tokenized Treasury bills. Your CFO chooses the eligible instruments and the limit for each. Nothing else is ever bought.
What return should we expect?
We don’t quote one. What your cash earns depends on the instruments you choose and on market rates at the time. Avessa’s job is narrower: cut the hours your cash spends doing nothing, without putting a payment at risk.
What if we need the money sooner than planned?
Your minimum operating balance stays at the bank at all times. For anything unscheduled, an authorised person can recall cash from the dashboard. Because settlement on Canton is available around the clock, a recall doesn’t have to wait for a business day.
Can the agent act outside our rules?
No. It acts only within the policy your CFO approves. Moves above your threshold wait for a named approver, every action is logged, and you can pause the agent at any time.
Who can see our positions?
On Canton, positions and movements are visible only to the parties involved in them. Your balances are not published for the market to read.
When can we start?
Avessa is pre-launch and we are opening access gradually. Leave your work email and we’ll get in touch as places open.
Put the quiet hours to work.
Avessa is opening to a first group of finance teams. Leave your email and we’ll be in touch.
We’ll only use your email to reply about access.