Dawn of a new partnership between BNP Paribas and Kantox
BNP Paribas has unveiled a strategic partnership with Kantox, an FX-focused fintech, that will enable EMEA-based treasurers to automate and streamline FX workflows. It is designed to complement the range of products already available on BNP Paribas’ digital banking platform, Centric.
Dynamic hedging addresses customer demand for greater efficiency in FX processes – a demand that is usually driven by a need to use treasury resources more effectively, explains Xavier Gallant, co-head of corporate rates, FX and local markets sales EMEA at BNP Paribas.
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Xavier Gallant, |
“One of the key features for customers is that it provides full automation of treasury processes from identification of currency exposures to execution and reporting of transactions,” he says.
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