AFEX appoints Ramnath Ramhit to head international payments integration programme

Published 

LONDON – AFEX, one of the world’s largest non-bank providers of global payment and risk management solutions, has appointed Ramnath Ramhit as its new Head of Integrated Solutions for Europe, the Middle East and Africa.

Ramhit, who has over 25 years of experience in the corporate foreign exchange industry, will focus on integrating AFEX’s comprehensive FX and payments infrastructure with clients’ accounting and enterprise resource planning (ERP) systems using its application protocol interface (API) technology. The new role has been created in response to increased demand from corporate clients with high payment volumes looking to streamline their payments processes and from commercial partners such as trade finance, international payroll and legal firms as well as start-ups looking to incorporate AFEX’s payments capabilities as part of their service offering.

“In the last 12 months we’ve seen a significant increase in European corporates using our API to connect their accounting systems with our international payments systems,” said Stuart Holmes, General Manager for EMEA at AFEX. “We expect demand to continue to grow as firms look to reduce the time, cost and frustration associated with managing global payments and we are delighted to welcome someone of Ramnath’s experience and expertise to lead this programme.”

Ramhit joins from HSBC, where he was a director within the investment bank, responsible for the FX and interest rate needs of its corporate clients. Prior to that he was part of the team that founded Thomas Cook Financial Services’ corporate FX division in the early 1990s which launched the world’s first online FX payment platform. Following its acquisition by Travelex in 2000, he joined Travelex’s EMEA leadership team, responsible for dealing sales and customer relationship management. Ramhit is based in AFEX’s London offices on The Strand and will report to Tony Rea, EMEA Sales Director.

Most recent episodes

Advantage Treasury

Eleanor Hill is joined in the virtual TreasuryCast studio by Nicolas Cailly and Philippe Penichou (Societe Generale) to look at treasury trend predictions for the remainder of 2022, with a particular focus on virtual accounts. In this deep dive into current and future treasury priorities, our guests consider...

24:22

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY’s distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event,...

09:58

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI’s Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI’s Editor, Eleanor Hill, to explore the very latest treasury trends – and to discuss how smart treasurers can get ahead of the game by ...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI’s Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD’s Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

24:00