BNP Paribas partners with FX FinTech Kantox

BNP Paribas has partnered with a foreign exchange risk management solution company.

In Brief:

• Kantox’s Dynamic Hedging solution will be offered to BNP Paribas clients across EMEA.

• The software allows for the automation and streamlining of FX workflows.

• BNP Paribas is committed to digital growth across the organisation.

What does this mean?

Especially in the current climate, foreign currency rates are a significant risk and businesses need to mitigate this for their future cash flows.

Read more here.