Kantox receives US patent approval for Kantox Dynamic Hedging® software
4 May 2023 · < 1 min read
Kantox has announced that the United States Patent and Trademark Office has issued a patent covering Kantox’s Dynamic Hedging® technology. The patent will safeguard our intellectual property as we continue to expand our global client portfolio.
Specifically, the patent covers the aspects of Kantox’s system architecture, which enables the implementation of a wide range of hedging programs and combinations of programs across multiple clients, currency pairs, and market directions in an automated and scalable manner.
By securing this patent, we can ensure to our customers that Kantox Dynamic Hedging® is of the highest standard and that they are getting a unique and innovative product that cannot be replicated by our competitors.
“Having the US patent will greatly help with our international patent applications. In addition to protecting our intellectual property, obtaining this patent will confirm the uniqueness of our offering in the market and demonstrates our continuous commitment to the improvement and innovation of our solution,” said Jeff Turner, General Counsel at Kantox.
Kantox Dynamic Hedging® is an award-winning, API-based software solution that automates the end-to-end currency management process. It allows treasurers and CFOs to eliminate FX risk and manual tasks while using currencies to unlock growth opportunities.
Whatever a company’s goals regarding currency management, they can be achieved with our family of automated FX programs: static hedging, layered hedging, micro-hedging and combinations of programs—all powered by Kantox Dynamic Hedging®.
Want to learn how your business can capture the benefits of dealing in foreign currencies while eliminating risk? Book a strategy session with our team here or contact our US representative Kelley Ryan at firstname.lastname@example.org.