TORONTO--(BUSINESS WIRE)--moneycorp Americas, a leading provider of global payments and FX risk management solutions, today announced an industry-first analysis tool, the FX M.A.P. (Market Analysis and Position), for Canadian customers.
The all-encompassing analysis tool will provide market commentary, an economic calendar, and the client’s current FX position in one easy-to-read report. In one location, and no further need to look at multiple sources, CFOs and other finance professionals can capture, assemble, and translate complex hedge data that will increase the transparency, efficiency, and effectiveness of their FX risk management strategy.
“It’s more important than ever for businesses to balance the ever-changing world of finance and we are therefore seeing more professionals looking for a better way to efficiently compile data,” said Bob Dowd, Chief Executive Officer at moneycorp Americas. “Our breakthrough FX M.A.P. report enables us to better support our customers by helping them to reduce FX costs and improve productivity, allowing them to focus on driving value and profits.”
CFOs are advancing the enterprise-wide digital agenda, with 77 percent heading up efforts to improve efficiency through the adoption of digital technology, and 77 percent also exploring how disruptive new technologies could benefit the organization and the business ecosystem. In response to increasing customer demand for personalized services and easier reporting, the analysis tool will not only provide customers with comprehensive reporting, but will offer convenience, efficiency, and customized FX support and recommendations tailored to their business needs.
“The FX M.A.P. report from moneycorp Americas has delivered valuable business insights for our global payments and FX risk management strategy,” said David Birch, CFO at Waterloo Brewing Ltd. “moneycorp continues to deliver exceptional service and personalized solutions that enable us to operate more efficiently and allows us to protect our bottom line, even in this ever-changing market.”
The FX M.A.P. report will be available for the Canadian market and will soon be expanding to the U.S. For more information, please visit https://www.moneycorp.com/en-ca/business-solutions/fx-map/.
About moneycorp Americas
moneycorp Americas is a leading provider of global payments and currency risk management solutions. We pride ourselves on delivering high-touch service and innovative technology products that put our customers’ business first. Our team of knowledgeable, seasoned professionals create tailor-made solutions and leverage our global network for seamless cross-border payments and safeguarding FX risk exposure. Established in 1979, moneycorp serves global clients across North America, South America, Asia, Europe and Australia. Visit www.moneycorp.com to learn more.