How it works - Going well beyond FX trading
Success in foreign currency operations depends on the ability to price with FX rates, collect and process the relevant information, execute the corresponding hedges, manage outgoing payments, and use data to fine-tune the process. Currency Management Automation brings all the pieces together — allowing your business to thrive in the midst of complexity.
End-to-end currency management
Currency management is no longer the resource-intensive activity it once was. Today, CFOs and treasurers can run the entire FX workflow with the help of a unique software solution designed to systematically tackle the following pain points:
Discover our comprehensive suite of FX solutions
Automate your currency manage process and use a data-driven approach to manage the end-to-end FX workflow
Leverage our innovative technology to automate your Currency Management process
FAQs about Currency Management Automation
Kantox specialises in Currency Management Automation software that simplifies corporate FX workflows, mitigates currency risk, and enhances competitiveness through effective multi-currency strategies.
Automation reduces the complexity of handling multiple currencies, allowing firms to hedge more frequently and protect themselves from sudden exchange rate changes. Firms can also take advantage of interest rate differentials by delaying hedge execution during unfavourable conditions and employing customised automated orders.
Kantox solutions improve financial reporting by reducing the impact of FX gains and losses, enhancing the quality of reports used by investors and stakeholders.
By automating FX processes, such as exposure collection and reporting, Kantox eliminates human error and improves the accuracy and reliability of currency management.
At Kantox, we prioritise your data's security and privacy. We use advanced security protocols to ensure that all data processed through our system is protected. Our commitment to data privacy is backed by continuous monitoring and adherence to the latest security standards, we have been recently awarded with the ISO 27001:2022.
Kantox supports +140 currencies, including exotic currencies such as BRL, KRW, MAD, IDR, and more. This allows you to use more currencies in your business and take advantage of FX-driven pricing to become more competitive, all without currency risk.
No. You can connect and trade with your preferred liquidity partners, including Kantox, to stay in control of your FX trading. Kantox's solutions are designed to integrate seamlessly with multi-dealer platforms (MDPs), facilitating automated trade execution and enhancing the efficiency of the overall FX workflow.
MDPs, such as 360T, FXGO or FXall, access multiple liquidity providers to get the most competitive exchange rates in your FX transactions and tighter bid-ask spreads. By connecting to MDPs Kantox clients achieve best-price execution and reduce their FX trading costs.