Mark Warms General Manager, Europe, Fxall
Mark Warms General Manager, Europe, Fxall

e-FX: Helping to streamline Treasury operations

Mark Warms focuses on two areas which are high on the agenda for many treasury departments enhancing control and compliance, and centralizing treasury operations.

First Published: e-Forex Magazine 25 / Features / October, 2006

Corporate treasurers are turning to electronic FX trading in ever-greater numbers. According to recent research by Greenwich Associations, more than a third of corporations now trade FX online. That proportion rises significantly among the world’s largest companies, the majority of which use electronic FX platforms – FXall alone counts more than half the S&P 100 among its client base. The principal drivers for electronic FX trading have remained constant – corporations and other market participants are still looking for faster executions, convenience, efficiency, increased productivity and better controls. However, as treasurers become more accustomed to executing straightforward spot, swap and forward trades online, they have begun to look for other areas where online foreign exchange platforms can contribute to their business. This article focuses on two areas which are high on the agenda for many treasury departments – enhancing control and compliance, and centralizing treasury...continued

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