Tech giant Sanmina collaborated with FiREapps to modernize its currency risk management process using is FiREapps for Balance Sheet™ with Hedge Performance, enabling an advanced, automated, straight-through process that allowing Sanmina to quickly compare up to 20 trade adjustments.
The tools and technology leading multinationals are leveraging to reduce trade volume, decrease transaction size and limit back-office costs.
CFO.com invited FiREapps CEO Wolfgang Koester to explain how blockchain technology can enhance a corporate FX program by introducing transparency, trust and new efficiencies.
Innovative finance: How strategic alliances between banks and financial technology companies can position them for success and better address business and consumer needs.
The FiREapps OnRamp™ program is designed specifically for those organizations seeking to build an institutionalized FX risk management program from the ground up. Learn more.
North American and European multinationals sustained a collective $5.27 billion in negative impacts in Q3 2017, with European companies reporting the largest FX impact since Q3 2015.
Read by thousands of finance professionals, FiREapps article on taking a lean approach to cash flow exposure forecast was the fourth most read article on Treasury & Risk in 2017.
“Government interests are — and should always be — about protecting constituents through transparency. Regulating digital currencies would not only introduce needed transparency, it would help legitimize them.”
Business Intelligence tools are changing the way finance and treasury teams manage FX. Learn 3 reasons why multinationals should incorporate BI tools into the cash flow exposure forecasting process.
What multinationals can expect to impact global currency markets in the new year.