TREASURY

Treasury Solutions Spotlight

Juli ’24 – FX Management

About the company

Atlas Risk Advisory was founded in 2010 by former corporate treasury executives who thoroughly understand foreign exchange and commodity risk management from the practitioner’s perspective. With an understanding of the challenges faced by treasury teams, our co-founders created a robust technology solution combined with domain expertise to solve FX-related problems. We approach these challenges with a powerful and flexible SaaS solution and the willingness to do the difficult work up front to create a sustainable, best-in-class FX risk management program.

Through consulting and technology, Atlas Risk Advisory created ‘AtlasFX,’ a scalable end-to-end foreign exchange risk management solution that helps corporations:

  • Reduce Risk: Improve forecasts and understand all sources of variance.
  • Create Operational Efficiency: Automate what is manual and optimize workflow.
  • Maintain Business Continuity: Lean on AtlasFX when experiencing employee turnover.
  • Save Money: Reduce FX trading costs, consulting included.

Understanding the needs and challenges of corporate treasury teams has elevated our customer service. Providing beneficial and quick solutions to our clients has set us apart from other treasury solution providers.

Solution

AtlasFX is a SaaS platform that identifies and mitigates all sources of FX risk. Our complete end-to-end integrated FX risk management solution includes the following:

  • ERP exposure capture – Quickly and easily capture and manage your FX exposures.
  • FX forecast improvement – Significantly reduce FX-related forecast deviation.
  • Workflow Automation – Completely streamline FX risk management.
  • FX Trading Optimization – Efficiently optimize all aspects of your FX trading.
  • Results Analytics – Thoroughly understand your hedging results and sources of variance.
  • FX Accounting – Confidently close the books with FX accounting reports.

Learn more by visiting Atlasfx.com.

About the company

Kantox is the leading provider of Currency Management Automation solutions. Their software automates the complex currency management process, empowering treasurers and CFOs to navigate market volatility with ease.

Solution

Kantox’s Currency Management Automation software allows companies to easily monitor and manage the end-to-end FX workflow, from pre-trade to trade to post-trade. By automating these different phases, businesses can reduce costs and eliminate risks— including FX risk, allowing them to buy and sell in as many currencies as they desire and add promising new markets to their portfolios.

The system uses Application Programming Interfaces (APIs) to ensure that data can flow seamlessly across a firm’s different systems (e.g. ERP, TMS), eliminating the need for spreadsheets. This reduces operational risk and frees up valuable treasury resources.

Functionalities:
Kantox allows finance teams to focus on the strategic tasks that matter. With Kantox, you can:

  • Automatically update prices based on FX rates
  • Identify and collect FX exposure in real-time
  • Monitor FX exposure and execute FX hedging programs
  • Connect and trade with your preferred liquidity providers
  • Analyse hedge performance and conduct analytics in real-time
  • Automate swap execution and accounting tasks
  • Establish a centralised FX function over company subsidiaries

As of July 2023, Kantox is a BNP Paribas company. Kantox will continue to operate as an independent company, now with the experience and market power of BNP Paribas behind it.

Would you like to learn more about automating your currency management? Visit www.kantox.com

About the company

Ebury is a financial services company, specializing in international cash management solutions including cross-border payments, FX risk management, and business lending. Our unique product offering helps businesses to accelerate and simplify international finance.

Founded in London in 2009 by Spanish engineers Juan Lobato and Salvador García, the company has grown its global market presence to a network of 38 offices in 25 countries and more than 1,700 employees. During the last year, the volume of transactions executed by Ebury amounted to $27Bn.

Throughout its history, the company has received more than 20 international awards, including the Financial Times 1000 Europe’s fastest-growing companies 2020 and The Sunday Times Tech Track 100. All these recognitions place Ebury as one of the leading European financial technology companies.

Solution

We provide expertise and excellent customer service, usually reserved for the bank’s biggest customers, with our innovative technology and unrivaled capabilities. Whether you’re an international trader, an NGO, an e-commerce platform or a small business owner, our solutions are designed to create a seamless international finance process. Thousands of companies around the globe are trading faster and smarter by using Ebury’s services.

Visit www.ebury.com.

About the company

Sealfx is a Swedish FinTech company headquartered in Stockholm. It was founded in 2014 and offers a portfolio of corporate FX and risk management solutions, that are compatible with major banks, 360T and FXall.

Solution

At Sealfx, our mission is to enhance Treasury operations through unparalleled automation, something that traditional treasury systems are unable to provide. We call it Treasury Automation System (“TAS”) — a more efficient alternative to the conventional TMS.

Our commitment lies in automation of as many time-consuming Treasury processes as possible, to enhance control and accuracy. TAS offers the functionality of a TMS, however with a core focus on automation over manual management.

Our solutions are tailored to fit your specific hedging strategies, desired level of automation and your business needs.

Empower your operations with a cutting-edge treasury automation platform, that seamlessly manages your FX hedging, liquidity management, loans, deposits, and interest rate derivatives. All services are designed around automation and control, yet remain adaptable to your financial policies, accounting standards, and risk preferences.

What you will achieve:

  • FX Management: Leverage progressive tools for leading-edge FX management.
  • Risk Management: Ensure systematic capture of exposure and risk.
  • Enhanced Accuracy: Greater precision in FX hedging and long/short swaps.
  • Increased Efficiency: Free up time to focus on profit generation as complex, time-consuming tasks are automated.
  • Reduce human errors: Minimize vulnerability to human errors and reliance on specific employees.

Learn more by visiting sealfx.com.

About the company

As a global currency risk management and alternative banking specialist, Argentex’s proactive approach, combined with deep expertise and innovative tools empowers businesses and financial institutions to optimise their FX operations, manage risk and drive sustainable growth. When choosing Argentex, our clients benefit from competitive rates, tailored risk management solutions and certainty that their organisation is in safe hands.

Argentex is listed on the London Stock Exchange, with offices in the UK, the Netherlands and Australia. We’ve transacted more than $200bn for our clients since 2012, making payments in up to 140 currencies on their behalf.

Solution

Secure payments

Work with an established counterparty that has delivered over $200 billion for more than 5,700 leading businesses and financial institutions. Listed on the London Stock Exchange and fully regulated, we’re licensed to trade in 30 countries, making payments in up to 140 currencies on behalf of our clients. Client funds are safeguarded with Tier 1 banks.

Competitive rates

Benefit from our purchasing power and access wholesale rates from Tier 1 providers, traditionally reserved for only the largest institutions. Increase your treasury bandwidth and connect with our team of qualified experts who will develop effective strategies and hedging solutions that meet your unique requirements.

Bespoke services

Work closely with your dedicated relationship manager who takes the time to understand you and your organisation. Our FX specialists are fully regulated with an average of ten years’ experience, giving you access to a full range of products and helping you choose the right solution for your unique requirements.

Right tech. Right touch.

Blending tailor-made services with intuitive technology, you can operate with speed and confidence. Anytime, anywhere. Control permissions, signatories and limits within your governance framework on our customisable platform.

For more information visit argentex.com