February 2nd 2022, London – Global cross border payments fintech GC Partners has launched a brand-new service to help corporate clients monitor their hedging strategies. The GC International Treasury Platform, a comprehensive risk management tool, facilitates efficient forex hedging, with a sophistication level that is unique to forex markets.
The online platform enables clients to design, implement and monitor hedging policies, tailored to fit the unique needs of their individual business, setting their preferred risk appetites as well as a specific level of desired exposure to market volatility.
Features include the monitoring of forward positions and drawdowns against data collected via the platform. This data can be entered manually or directly by linking it to a client’s accountancy software and bank accounts. This will ensure that clients remain in line with their policy parameters.
The platform also allows GC Partners to proactively engage with clients and re-hedge when needed. This provides customers with the reassurance that they are never over-exposed to the risk limits they have set.
Chris Briant, Head of Corporate at GC Partners said: “We have seen new and innovative digital solutions proliferate during the pandemic, which we already know has accelerated digital transformation at 59% of organisations. We are excited to be introducing this new specialist platform to help our corporate clients successfully trade in fast-moving markets in multiple currencies while paying minimal costs and receiving the best FX rates, alongside exceptional service quality.”
Forex is the largest market in the world, valued at $2.4 quadrillion in 2020, with the most liquidity due to its global influence. It enables all institutions from retail investors to central banks to experience the potential benefits of currency fluctuations within the international economy.
Foreign exchange markets can be highly volatile, hedging strategies can be used to decrease the currency risk for a business to protect profit margins. FX hedging is a process of protecting a position in a currency pair from the impact of adverse market movements, due to changing interest rates, inflation levels, and unexpected news.