Lorraine Finn

Tech

Articles & ebooks

Explore a featured selection of my writing work below.

Centralised Treasury Explained

In turbulent times, it is more difficult to achieve higher risk mitigation, control, and visibility over cash. This has been a driver for centralisation in recent years and, as CFOs and treasurers seek to gain an accurate view of the cash held by their organisations, we have seen the topic of centralised treasury picking up interest. In this blog post, we'll dive into what centralised treasury entails, explore its benefits, shed light on the importance of centralised foreign exchange (FX), and d...

5 Benefits of Treasury Centralisation

In the dynamic landscape of global finance, companies are constantly seeking ways to optimise their operations and enhance financial control. One key strategy to achieve this objective is treasury centralisation. This approach involves consolidating treasury functions to streamline financial processes and achieve a multitude of benefits. In this blog post, we will explore the significant advantages that treasury centralisation brings, focusing on enhanced control of the FX workflow, complete vis...

Optimising cash and liquidity through currency management

There are at least five crucial, yet sometimes unduly neglected, touchpoints between FX risk management and cash or liquidity management. Let me briefly set the stage first. Then I will discuss their interactions.Take the case of a hedging program designed to protect the FX budget rate. It includes stop-loss orders to protect the FX rate used in pricing or a ‘worst-case scenario’ FX rate. It can also include profit-taking orders to lock in more favourable exchange rates.As long as the stop-loss...

Navigating Exchange Rates: Understanding Translation Risk

Companies operating in international business face different kinds of currency risk. One of those, translation risk, occurs from the accounting and consolidation need to convert financial statements of foreign operations from the local currencies to the home currencies. Any company that owns assets, liabilities, revenues, or expenses overseas is exposed to this risk.Translation risk is the potential gain or loss that arises due to the impact of FX movements in foreign-denominated financial state...

Navigating Exchange Rate Fluctuations: Understanding Transaction Risk

With a growing number of companies adopting multiple currencies, a deep understanding of the various types of FX risks has become essential. As most CFOs are well aware, exchange rate fluctuations can have profound implications for a company's financial stability. Among the many challenges posed by foreign exchange (FX) markets, transaction risk stands as a significant concern. Today, we'll investigate the role of transaction risk in FX risk management, and provide you with strategies to effecti...

Kantox Launches Kantox In-House FX: Centralising FX Management for Global Businesses

With Kantox In-House FX, CFOs and Treasurers can manage FX as a group with a state-of-the-art automated solution.‍LONDON, 24 January 2024 - Kantox, a global leader in Currency Management Automation software, has today announced the launch of Kantox In-House FX. The solution allows companies to centralise the foreign exchange (FX) management and trade executions of their subsidiaries, maximising exposure netting for the group and enhancing liquidity.‍Managing the FX of various business units pose...

Effective FX Risk Management Tools and Best Practices

Technology has been taking over treasury teams as CFOs realise the importance of a digitalised treasury function. Finance leaders have numerous tools that make their daily operations easier. One of the areas that has seen significant benefits from the technology is foreign exchange (FX) risk management.Managing FX risk involves implementing strategies to mitigate the potential negative impacts of currency fluctuations on a company's financial performance. With the right FX risk management tools,...

Foreign Exchange Risk: A Comprehensive Guide

Foreign exchange risk, also known as currency risk or FX risk, refers to the potential for financial loss or gain resulting from fluctuations in exchange rates. This risk is particularly relevant to businesses engaged in international operations. Understanding and effectively managing foreign exchange risk is crucial for maintaining profitability, cash flow stability, and overall financial well-being. In this comprehensive guide, we will delve into the concept of foreign exchange risk, explore i...
Kantox •

Navigating Exchange Rates: Understanding Translation Risk

Companies operating in international business face different kinds of currency risk. One of those, translation risk, occurs from the accounting and consolidation need to convert financial statements of foreign operations from the local currencies to the home currencies. Any company that owns assets, liabilities, revenues, or expenses overseas is exposed to this risk.

Translation risk is the potential gain or loss that arises due to the impact of FX movements in foreign-denominated financial sta
Kantox •

4 Ways To Battle Selective Hedging For Strong Corporate Governance

Are narcissistic managers steering your company’s financial ship into treacherous waters? In this article, we delve into the nuanced relationship between corporate governance, narcissistic managers, and the perilous practice of selective hedging.

You will learn four key strategies that will help you improve your corporate governance and avoid engaging in selective hedging that may put the future of your company at risk.

And if you want to learn more about selective hedging, check out this epis
Kantox •

BNPP completes the acquisition of

BNP Paribas received all regulatory approvals for the completion of the acquisition of Kantox, a leading fintech for the automation of currency risk management.

The acquisition of Kantox illustrates BNP Paribas’ Growth Technology Sustainability 2025 plan, that sets out to accelerate the development of technological innovations, to enhance customer experience, from SME and Mid-Cap clients to large corporates. It is supported by the Global Markets business of BNP Paribas’ CIB division and the bus
Kantox •

Awarded Best FX Risk Management Solution 2022 by TMI

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,

Mastering FX Risk: A Checklist for Treasury Professionals

This FX risk management playbook serves as a guide to ensure that critical tasks are completed, risk is managed, and resources are optimised. Uncover key currency management tips for Treasurers and start improving business performance. Inside, you'll find: Follow this checklist to reveal how you can enhance currency management capabilities, mitigate FX risk, and contribute to your organisation's overall financial healthDiscover how to optimise all aspects of your hedging strategy, from defining...