Lorraine Finn

Fintech

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 •

Exploring FX derivatives: forwards vs futures

In a previous blog, we discussed the differences between currency forwards and currency options. We argued that automation technology is tilting the debate in favour of currency forwards. Today we tackle the more subtle, yet important differences between a forward contract vs a future contract.

As companies look to manage foreign exchange risk, they naturally turn their attention to FX derivatives instruments like forward contract, future contract and options. There are, of course, other possib
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,
Kantox •

Currency Trends and Strategies in the Travel Sector

Recently, Marc Padrosa, Kantox’s Global Industry Director for Travel, sat down with us to discuss Currency Management Automation solutions for OTAs, bed banks, hotel chains, airlines and DMCs, and other travel industry participants. It was a lively debate centred around the topics elaborated in our latest Travel Report.

The main points of the conversation were:
• None The ongoing trend toward business process automation in Travel
• None Currency hedging programs for players in the Travel indust