SAN FRANCISCO – Atlas Risk Advisory (Atlas) today introduced a new free online tool that helps companies reduce both their FX Trading Costs and FX Risk. The AtlasFX Trade Triangulation Tool is a feature of AtlasFX – the FX Risk Management Application used by large multinational corporations.
“Many of our prospective customers are either not hedging or paying excessive fees to hedge cross currency exposures on their balance sheet,” said Jono Tunney, Atlas’ Managing Partner.
“We offer corporations a third choice – to net their cross currency exposures against their functional reporting currency, thereby reducing their trading volume and risk.”
Atlas is offering the AtlasFX Trade Triangulation Tool as a way to introduce prospective customers to Atlas’ technology and expertise. Tunney believes the tool is unique in the marketplace and will quickly be considered an industry best practice.
Treasury and Finance Professionals can access the tool at Tools.AtlasFX.com. Users securely enter their currency exposure details and email contact information. Following the submission, a results email is sent within one minute.