CLS launches FX outstanding datasets
by Ben Poole
The datasets, which capture outstanding forward and swap positions, are designed to enhance FX market transparency.
FX Settlement
Background
A corporate FX transaction involves a bank, on behalf of their corporate client, paying for the currency it sold at an agreed rate to another bank and receiving a different currency in return for the…
Read more
Automation of entire risk & workflow is the name of the game in FX currency management
by Jack Large
New entrants in a very crowded market up the ante as they try to gain share of the FX market
Currency volatility sees multinationals lose almost US$10bn in Q1
by Ben Poole
Kyriba's Currency Impact Report for Q1 2021 shows North American companies were particularly badly hit with US$5.87bn in negative currency impacts.
Deutsche Bank enhances FX platform
by Ben Poole
The bank has launched new features to help corporates manage new Vietnam FX hedging rules.
NatWest, Deutsche Bank among banks trialling intraday FX swaps solution
by Ben Poole
The trial aims to eliminate inefficiencies from the FX swaps market and provide more immediate liquidity.
Refinitiv partners with IBSFINtech to launch treasury management solution
by Ben Poole
The cloud-based solution is powered by Refinitiv’s financial market data and aims to transform the Indian treasury ecosystem.
HSBC multi-currency wallet aims to simplify international payments
by Ben Poole
The bank says its new solution lets businesses "pay like a local" in foreign currencies.
The US$6.16bn cost of FX headwinds
by Ben Poole
Kyriba’s Currency Impact Report for Q4 2020 shows the cost of currency volatility on North American and European corporates.
Deutsche Bank executes world’s first green hedge with Continuum
by Ben Poole
The transaction used a specifically designed green hedge framework, with second party opinion issued by Cicero Green.
Integrate your Fixed-Term Fund investing and FX services/advice
by Jack Large
TreasurySpring and Global Reach Group launch innovative new Partnership
RMB’s strong start to the year of the Ox
by Ben Poole
Deutsche Bank predicts the RMB will remain strong against the US dollar through February.
First onshore hedge under Thailand’s new NRQC rules
by Ben Poole
Deutsche Bank arranged the market's first onshore hedge for a foreign corporate under the Bank of Thailand’s Non-Resident Qualified Company rules.
European corporates bear the brunt of US$9.82bn FX losses
by Ben Poole
Kyriba’s Currency Impact Report shows FX impacts on European companies increased by 126% in Q3 2020; decreased by 84% for those in North America.
Bank of America spreading APIness
by Ben Poole
New API support revealed this week allow the bank's clients to trade and settle FX payments and enhance real-time treasury management.
Blockchain firms join forces to tackle global FX market inefficiencies
by Ben Poole
Fnality and Finteum are to build on R3’s Corda for a project that will initially focus on the interbank FX swaps market.
Treasury innovation at Alphabet, Dräger, and Peloton recognised by AFP
by Ben Poole
Google's parent company, a medical technology firm and a fast growing US exercise equipment company are the finalists for the AFP 2020 Pinnacle Award.
Negative currency impacts on corporates jumped 31% in Q1
by Ben Poole
A Kyriba report has revealed the FX impact from the start of the COVID-19 crisis on North American and European corporate earnings.
Managing FX spreads tops treasurers’ pandemic challenges
by Ben Poole
FX spreads were almost twice as challenging to manage as liquidity, according to a Refinitiv survey.
Deutsche Bank collaborates with BNY Mellon on custody FX for restricted EM currencies
by Ben Poole
The FX digital innovation in Asia Pacific follows hot on the heels of Deutsche's data partnership with Google.
Deutsche Bank and Olam close Asia’s first FX forward using ESG targets
by Ben Poole
The global agri-business also recently secured a sustainability-linked loan.
Few corporates pursue sophisticated currency risk hedging strategies
by Ben Poole
A Greenwich Associates survey indicates that corporates have a hard time identifying best practices in FX risk management.
Singapore continues to ramp up corporate FX capabilities
by Ben Poole
Deutsche Bank becomes the latest bank to launch an FX trading hub in the country.
CapellaFX: the system that fully integrates end-to-end FX Risk Management Workflow
by Jack Large
Hedge Trackers demonstrate how have added FX data aggregation to provide a comprehensive, fully end-to-end FX Risk Management Workflow
Industry roundup: 11 May 2020
by Ben Poole
News in brief covering supply chain finance, digital payments, invoice payments and more.