Kantox Awarded Best FX Risk Management Solution 2022 by TMI
22 January 2023 · 2 min read
Kantox, the global leader in Currency Management Automation software for businesses, was announced as the winner of the Best FX Risk Management Solution 2022 by Treasury Management International (TMI) in their 2022 Awards for Innovation & Excellence.
For almost two decades, The TMI Awards for Innovation & Excellence has been firmly established as one of the global quality benchmarks for the treasury profession. It highlights innovation and showcases best-in-class treasury practices from banks, vendors, and corporate teams across the globe. The awards will be presented to the winners on March 2nd, 2023, in Brussels.
This year TMI selected Kantox as the winner of the Best FX Risk Management Solution Award for the outstanding contribution of its Currency Management Automation software to corporate treasury. The platform automates and streamlines the entire FX workflow, from pricing with an exchange rate to hedging currency risk, all the way to cash management. Treasurers and CFOs can eliminate FX risk but also reduce the cost of hedging programs and unlock revenue growth opportunities—while saving time and resources.
“In a world of increasing complexity and surprises in the FX and Commodity markets, Kantox emerges as a knight in shining armour to support treasurers in managing exposures – both predictable and unpredicted. We were pleased to recognise Kantox for the continued support they offer to the corporate treasury world, utilising the very latest in tech, data and automation,” said Robin Page, CEO of Treasury Management International (TMI).
“We’re delighted that TMI has recognised Kantox’s Currency Management Automation software as a best-in-class FX Risk Management solution. This award demonstrates our focus on building innovative technology that empowers clients to start leveraging currencies and unlock new growth opportunities, explained Philippe Gelis, Kantox co-founder and CEO.
“Our solution allows corporates to handle the challenges of a ruthless financial environment that throws difficulty after difficulty their way. In this volatile scenario, CFOs and treasurers can rest assured that no bad surprises will come from the FX side of the business — whatever happens in currency markets.”
Want to discover how Kantox’s Currency Management Automation software can benefit your business? Schedule a demo with one of our Currency Management Specialists today.