Treasurers and CFOs are the company commanders of foreign exchange, currency hedging, and international payments. Kantox, a leading fintech company, is helping businesses to overcome complex FX challenges with an innovative automated micro-hedging solution called Dynamic Hedging – a worthy winner of TMI’s 2018 Technology Innovation Award for the Best Risk Management Solution.
Manual processes, FX volatility, and lack of visibility over FX exposures are among the major challenges faced by corporate treasurers when managing their multi-currency flows. And for some companies, the difference between profit, loss, and even bankruptcy, can come down to how well they manage their FX exposures. This is precisely why the judges were looking for a Risk Management Solution that was scalable, automated and effective – leveraging the latest technology to help solve the myriad FX challenges faced by many treasurers.