With the growing digitalisation of treasury operations, currency management automation is transforming the way corporate clients handle their forex exposure.
A recent survey by Kantox with CFOs, treasurers and currency managers singled out the top three benefits of currency risk automation as:
- Allowing team member to focus on value-adding tasks
- Reduced hedging costs
- Decreased operational costs and risks
Hear more from Morgane Chavet, Forex and Interest Rate Derivatives Sales Manager at BNP Paribas CIB, as she joins Kantox’s Currency Cast series to discuss the challenges facing treasurers in their currency risk management, and the benefits of automation solutions in a volatile market environment.
Dynamic hedging
Innovative currency automation solutions, such as Kantox Dynamic Hedging® changes the way treasurers handle their forex exposure. It centralises and aggregates FX information and provides real-time computation of exposure. This makes for a more dynamic and opportunity-driven approach, while avoiding operational error.