Kantox’s Dynamic Hedging wins its first international award
21 September 2016 · 2 min read
Yesterday, Kantox won CODE_n16’s Applied FinTechs Award in recognition of the disruptive innovation of our new Dynamic Hedging product. This great milestone represents further accolades for our commitment to developing transformative and transparent solutions for corporate currency management.
In the words of Jürgen Görner, Global Head of Marketing at GFT Technologies SE: “Kantox offers FX management solutions which allow customers to manage their currency exposure, automate transactions and process international payments in a smart way. The key to working with currencies lies in understanding how the FX market works as well as in managing the currency transactions, as simple, convenient and effective as possible. The platform is simple and straightforward to use – it’s a benefit for all parties.”
The annual contest is held by CODE_n – a non-profit group dedicated to bringing together the actors fostering the evaluation and development of new technological ideas and innovation. The contest aims to identify, promote, and reward companies from around the world that are leading disruptive changes. This year, over 400 companies, including Kantox, participated in the competition.
When accepting the award, Michael Schimmel, Kantox’s Chief Commercial Officer, rocked the stage by introducing the benefits of Dynamic Hedging. Additionally, he explained how the transformative powers of automated FX risk management are changing the way international companies do business, particularly in the travel industry.
For Kantox and Dynamic Hedging, this is only the beginning. We’re fully committed to leading the way in transforming how finance departments manage currencies.
Want to find out how Dynamic Hedging can work for your business? Contact us to get a complimentary report