The pressure on corporate treasurers has never been greater: upheaval in markets wreaked havoc with exchange rates this year, while increasingly complex regulatory and compliance-related requirements translate into ever higher hurdles.
This is the reason for the enduring popularity of 360T’s execution management system (EMS), which simplifies complexity and allows treasurers to satisfy both external and internal rules and requirements without compromising on scope and quality. And this is why 360T’s EMS has been crowned the world’s best FX solution for corporates.
Take the case of a European company that saved its staff four hours a week, or 5.2 weeks per year, by using the 360T EMS to implement a new FX hedging strategy that streamlined workflows, opened up channels of information sharing across different systems and saved time by auto-executing trades based on pre-defined rules. Staff can now spend their energy on solving complex tasks rather than low-effort repetitive jobs. Aside from time savings, operational risks are also lower because of automation.
“In a landscape where many FX solutions remain fragmented, manual, or inflexible, 360T’s EMS stands out as a leading choice for a wide range of clients. Corporates, in particular, view it as the best FX solution. It delivers automation with control, flexibility with compliance, and efficiency with strategic insight,” says Sebastian Hofmann-Werther, chief revenue officer FX and digital head of EMEA 360T Group
“No other platform combines corporate-specific workflow functionality, deep liquidity access and seamless systems integration in quite the same way,” adds Hofmann-Werther.
Established in 2000, the Frankfurt-based company has been part of Deutsche Borse since 2015, when the exchange bought the business in a €725 million deal. At the time, 360T was already well on its way to becoming an FX shop with a broad offering and client base.
No other platform combines corporate-specific workflow functionality, deep liquidity access and seamless systems integration in quite the same way
Sebastian Hofmann-Werther
Today the platform’s growth is driven by diverse client segments, including institutional clients and asset managers, with corporates contributing a third of all FX volumes – highlighting that despite its growth and expansion, 360T has never forgotten its core clients.
The venue launched the third and latest version of its EMS in 2024, which was built specifically for the needs of corporate market participants, offering a secure, multi-bank, multi-asset platform. Users can optimise execution across spot, forwards, swaps and non-deliverable forwards and access prices via all channels, whether its manual RFQs or automated rule-based execution strategies.
“As treasurers face increasing pressure to manage currency risk with greater efficiency and transparency, 360T has worked alongside its corporate clients to address these challenges. Thanks in large part to their feedback, EMS has emerged as the go-to solution for corporates looking to automate execution workflows, consolidate fragmented processes, and achieve best execution with full auditability,” Hofmann-Werther adds.
Tailored functionality
Beyond its product breadth, advanced execution tools offer sophisticated features such as split risk, streaming swaps and AI-powered basket optimisation for enhanced pricing and execution. Connectivity is also a major consideration: the EMS can plug into transport management systems, enterprise resource planning and order management systems, and it supports STP and SFTP network technologies, while producing a full audit trail as well as post-trade reports to ensure compliance with EMIR, MiFID II, Dodd-Frank, and FX Global Code.
Functionality that’s tailored to the needs of corporations is also vital. The platform supports netting trades, in both directions and regardless of whether they’re manual or automated, according to pre-determined criteria. This is also true of trades with multiple tenors and many underlying accounts. Trade netting this way results in lower transaction costs owing to the reduced notional amounts that LPs have to quote.
The platform’s proactive liquidity management approach is also key, as the team can help users to maintain benign decay profiles so that when liquidity providers interact with them there is little or no impact, even when the flows themselves are large. The result is improved pricing and long-term sustainability for the relationship with the client’s LPs.
“Today, hundreds of corporate clients globally, from mid-sized firms to some of the world’s largest multinationals, rely on 360T to streamline FX operations, access deep and transparent liquidity, and maintain full control of their execution policies,” says Hofmann-Werther.
