CurrencyCast - A podcast by Kantox: Recent Episodes
Kantox
CurrencyCast is a new podcast series from currency management experts, Kantox. Every week, we’ll look at the pressing foreign exchange (FX) risk issues facing treasurers and CFOs today and help them identify the potential gaps in their FX risk management strategy before they become major problems. Each episode will provide viewers with quick bite-size insights to help them better understand their FX risk, stay informed of the latest currency management trends and learn about the future of FX tech.
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🎙️Is your company's FX hedging strategy prepared for the next market shock? In this episode of CurrencyCast, we dive into the world of corporate hedging and how to effectively manage FX risk with Daisy Andrew, IRFX Sales from BNP Paribas London.
Listen now to learn about:
- the rise of local currency invoicing and its impact on corporate hedging.
- how corporates can navigate high carry costs and protect their portfolios.
- innovative techniques like optionality and limit orders to optimize your hedging strategy.
Elevate your FX risk management strategy now
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🎙Season 9 of CurrencyCast is here! We’re kicking off this season with a special episode where our host analyses the FX strategies of two mainstream sports apparel companies, Adidas and On Holdings.
In this episode, we explain:
🔹How Adidas faces significant FX risks due to its global supply chain and multi-currency cash flows.
🔹How On Holdings manages FX with a strong currency like the Swiss franc.
🔹 What companies can learn from implementing effective hedging strategies
Elevate your FX risk management strategy now
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What could two global giants like Merck and Hermès have in common? In our latest episode of #CurrencyCast, we reverse engineer the FX Strategies of Merck & Hermès and learn some actionable takeaways you can apply to navigate currency fluctuations.
Our host, Agustin Mackinlay takes a look at these two companies and tries to decipher what is their approach to FX management that their Finance teams have led to maintain and grow their success.
Elevate your FX risk management strategy now
Send us a Text Message.
💸 What does the future of the payments look like? This week on #CurrencyCast, we dive deep into the explosion of payment methods and the factors driving this growth with Lorraine Mouat, Head of Payments at Thistle Initiatives.
Here's a taste of what Lorraine discussed with our host, Agustin Mackinlay:
🔹 The pros and cons of building an in-house payments platform.
🔹 Navigating the growing cybersecurity threats in the digital payments world.
🔹 The role of central bank digital currencies (CBDCs).
Elevate your FX risk management strategy now
Send us a Text Message.
Discover how to prepare your FX management strategy for any market scenario. Tune into this episode of #CurrencyCast with Damian Glendinning, former Treasury Manager at IBM and Lenovo for the APAC region.
Elevate your FX risk management strategy now
Send us a Text Message.
The attractions of doing business in emerging markets are often very high, but how do you effectively hedge the related FX risk? Tune in to our latest CurrencyCast episode with Danilo Gonzalez, Competence Hub Lead for Europe & Africa at Siemens Energy, where we explore the challenges and opportunities of managing the FX risk of exotic currencies.
Watch now and learn:
- How to design an FX risk policy for emerging markets
- The challenges of managing treasury across 100 countries
- The importance of data quality and availability in complex organisations
- Strategies to mitigate the impact of unfavourable interest rate differentials
Elevate your FX risk management strategy now
Send us a Text Message.
🎙Struggling to manage FX risk in your B2B transactions? Tune in to our latest CurrencyCast episode with Enrico Camerinelli, Global Senior Research Analyst, where we explore why FX risk management matters for B2B companies.
In this episode you will learn:
- The hidden dangers of FX risk in B2B transactions.
- Strategies to navigate the evolving B2B payments landscape.
- The potential of embedded finance
Don't miss it! Protect your bottom line from currency fluctuations
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙Season 8 of #CurrencyCast is live! To kick off the new season, we have invited Pieter de Kiewit, treasury headhunter, to discuss the hiring trends and key skills that modern treasurers need to shift from financial experts to strategic partners.
Don't miss this episode!
Tune in to explore:
- Why communication skills are becoming key in Treasury roles
- What is the view on TMS expertise and other tech in recruiting
- How to approach the road from CFO to CEO
Discover how to take your career to the next level.
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙 This week on CurrencyCast, we dive into the currency challenges faced by global giants Netflix and Swatch. So, how do they manage this risk? Tune in to learn some lessons about their foreign exchange risk management strategies.
In this episode, we explore:
- The impact of appreciating functional currencies on global sales.
- The best practices for hedging based on pricing models (fixed vs. flexible).
- The critical role of interest rate differentials in FX hedging programs.
- How automation empowers companies to execute complex hedging strategies.
Listen now and discover how companies like Netflix and Swatch navigate the complexities of FX risk management.
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙Does company size matter when it comes to Treasury centralisation?Tune into #CurrencyCast to find out what Justin Callaghan, treasury expert and CEO of FTI Treasury, thinks.
Agustin, our host, sat down with Justin to discuss:
- How to efficiently implement an in-house banking structure
- What are the benefits of FX centralisation in exposure netting
- What are the secrets to hedge accounting
And more!
Discover all about FX centralisation to boost your Treasury function to the next level:
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙What is the key to successful Treasury centralisation? In this special episode of #CurrencyCast, we invited Enric Hosta Robert, Product Owner at Kantox, to share the behind-the-scenes of our new Kantox In-House FX solution.
Agustin, our host, sat down with Enric to chat about:
🔹 Why treasurers are turning towards centralisation of Treasury operations
🔹 How multinational companies should tackle FX centralisation
🔹 What makes Kantox In-House FX a unique solution for centralising FX management
Discover all the benefits of consolidated FX management: https://bit.ly/3UWtnGr
financepodcast #fxcentralisation #kantoxinhousefx #treasurymanagement #headquarters
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙What are the four pillars you should look for in treasury management this 2024? Tune into #CurrencyCast to learn from experienced treasury professional Royston Da Costa, Assistant Treasurer at Ferguson
Agustin Mackinlay, our host, had an insightful conversation with Royston covering topics such as:
🔹 Treasury management best practices this 2024
🔹 CFO's perception of control with treasury automation
🔹 CBDCs in FX management
Discover what are the currency management priorities for CFOs and FX risk managers in 2024: https://bit.ly/49Iu1vt
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙What is the role of the CFO in today’s world? Tune in to our latest episode of CurrencyCast with guest Bonnie Tomei, CFO of Spectra7 Microsystems and experienced Finance professional, to find out how they balance being a strategic partner while managing risk.
Agustin, our host, and Bonnie sat down to discuss:
- The role of the CFO in 2024
- CFO vs Treasury team at medium to large-sized US tech companies
- The importance of currency management technology
- The different approaches between the European and American Treasury managers
Get your currency management strategy ready for the new year: https://bit.ly/3uenklK
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙#CurrencyCast is back with another season of insightful content on treasury, FX risk and currency management. This time around, we have invited François Masquelier, CEO of SimplyTreasury and Chair of ATEL and EACT treasury associations.
Agustin Mackinlay, our host, and François sat down to discuss the upcoming trends in currency management and provide some overview of what CFOs and treasury professionals will focus on this 2024.
Get your currency management strategy ready for the new year: https://bit.ly/3SiTV30
financepodcast #cfo #financialinsights #treasurer #fxrisk
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙What is the secret to Treasury success? Tune into #CurrencyCast with special guest Sean O’Connor, Treasury Director at MongoDB, to discover why modern treasurers need to embrace their role as relationship managers to become strategic business partners.
🔍 Join Agustin Mackinlay as he discusses with Sean:
- How to break out of silos
- Why finance managers should leverage APIs
- How airlines benefit from pricing with an FX rate
- What are the conditions for efficient FX centralisation
🚀 Break out of dangerous silos hindering your Treasury success
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙Are narcissistic managers steering your company's financial ship into treacherous waters? Discover the critical link between corporate governance and foreign exchange hedging in our latest episode of #CurrencyCast.
🔍 Join Agustin Mackinlay, Senior Financial Writer at Kantox, as he breaks down the dangers of weak corporate governance that can jeopardise your company's future and provides four key strategies to enhance the quality of foreign exchange risk management.
Tune in now and safeguard your company's financial stability! 🚀
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙Tune in to our latest episode of CurrencyCast where we chat with treasury expert Francisco de Barros, Assistant Treasurer at Ingersoll-Rand, to learn more.
Watch the full episode here 👉 https://bit.ly/473FhkJ
In this episode, Agustin Mackinlay discusses with our guest how to manage currencies at a global conglomerate, with insights about:
- The connection between cost of capital and FX risk management
- The importance of traceability to manage net exposures
- The value of liquidity and efficiently managing cash flows
And so much more! Watch now to master the strategic Treasury function.
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙What does ‘scanning’ and improving treasury operations processes mean? Patrick Kunz, interim treasurer and owner of Pecunia Treasury and Finance, answers this question in our latest episode of CurrencyCast.
We sat down with him to discuss how to build efficient treasury operations. He touches on:
- Quick wins as interim treasurer
- Shortcomings of TMS from a currency management standpoint
- The internal ‘politics’ of FX risk management centralisation
And so much more! Tune in to learn all about treasury operations.
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
🎙 Are you battling with complex currency risk management? Focus on simplifying the process thanks to exposure netting. In our latest episode of #CurrencyCast we explain netting to help you avoid unnecessary transactions.
Watch the full episode here 👉: https://bit.ly/3R5vgyS
Join us to learn more about:
- The basics of exposure netting
- The main ways to net FX exposure
- The three benefits of netting
Hedge your aggregate FX exposures to manage currency risk with ease.
Solve your FX centralisation challenges with our new solution, Kantox In-House FX.
**🎙Are you ready for the new era of Travel?
We are back with fresh new content for CurrencyCast! To kick off season 6, we have invited industry experts Mario Gavira, VP of Growth at Kiwi.com, and Mauricio Prieto, founder of eDreams, for an exclusive episode dedicated to the world of Travel.
Join us in this first episode to listen our special host Marc Padrosa, Global Industry Leader - Travel, lead a discussion with our guests on the latest trends in the travel industry and how the recovery in the economy is affecting travel firms.**
Ready to take control over FX gains & losses and secure your bottom line? Uncover invaluable insights in our latest report: Balance Sheet Hedging Redefined
🎙️In a multicurrency world, fintechs are turning to embedded finance to provide better services for their customers and operate in the currency of their choice.
Tune in to CurrencyCast to learn how automated currency management accelerates the embedded finance revolution.
You will understand:
- What is embedded finance and its role in the ecosystem economy
- Why FX management matters in the multicurrency world
- How automated currency management helps fintechs in the finance revolution
Join the embedded finance revolution with automated currency management.
🎙️Are treasurers less concerned about currency risk management? Not really!
We took a closer look at the latest EACT Treasury Survey in #CurrencyCast to explain why FX risk management is still one of the top priorities for finance professionals and how it helps improve the performance of certain tasks.
Tune in to learn:
🔹 Why currency risk management is inextricably linked to cash flow forecasting
🔹 How automation helps treasurers achieve more netting opportunities and reduce FX risk
🔹 What is the role of technology in streamlining currency risk management
Transform your cash flow forecasting with automated FX risk management.
🎙️ Is your FX exposure a bottom-line killer? In this episode of #CurrencyCast, Agustin dives deep into the complexities of balance sheet hedging programs to help you tackle the accounting impact of foreign exchange gains and losses.
Tune in to :
- Overcome the potential pitfalls of balance sheet hedging
- Discover effective strategies to improve your hedging program
- Leverage netting opportunities and reduce hedging costs
Take control of your balance sheet and bid farewell to FX gains and losses.
**🎙 Do you know the difference between risk management and currency management?
Tune into our latest episode of #CurrencyCast, as we are joined by Guillaume Jouvencel and Hussam Ali, hosts of the Corporate Treasury 101 podcast, to discuss why currency management goes beyond just executing hedges.
We cover topics like:
🔹 Instruments involved in currency management
🔹 Impact of FX risk across industries
🔹 Lifecycle of an FX transaction
Episode sponsored by Corporate Treasury 101.
Time for currency management 101! Visit our blog to learn more about FX hedging strategies and currency management best practices: https://www.kantox.com/en/blog/?**
🎙️Is the dollar losing momentum in FX markets?
In our latest episode of #CurrencyCast, Agustin Mackinlay is takes a deep dive into the de-dollarization talk that has been leading headlines lately and analyses the implications of this event in the realm of currency management.
He goes through:
- The two main arguments behind this trending topic
- The benefits of operating with other currencies
- The solution to succeed in a complex FX market
It’s an FX masterclass!
🎙️#CurrencyCast is back, and in this first episode of the season, we’re joined by two special guests from PwC Luxembourg.
Agustin Mackinlay sits down with Frédéric Chapelle and Corentin Maricq to explore business process automation and how it can help finance leaders power treasury’s digital transformation.
Together they discuss:
🔹 The critical pain points of business process automation, particularly in Treasury operations
🔹 The limitations of the traditional TMS and a solution to fit your firm’s needs
🔹 The Implications and potential applications of AI in treasury management
This episode is sponsored by PwC, a community of solvers.
**🎙 Want to forget about the pain of a time-consuming, manual currency management workflow?
In this week’s episode of #CurrencyCast, Agustin Mackinlay is joined by our special guest, Morgane Chavet from BNPP**, to examine the benefits that currency management solutions can bring to companies operating with foreign currencies.
Together they discuss:
- What are the main benefits of automating FX risk management
- Where do currency management solutions come into play
- How can the treasury team be more strategic
Watch the full episode here
This episode is sponsored by BNP Paribas, the bank for a changing world!
🎙It’s time to deal with the ever-present challenge of over-hedging when protecting the budget rate from FX risk. In this week’s episode of #CurrencyCast, Agustin Mackinlay presents the real case of a EUR-based exporter with sales in USD and Emerging Markets currencies.
He discusses:
- The key pain points in currency hedging
- The data requirements of an automated FX hedging program
- The best way to protect the firm’s budget rate
It’s an FX masterclass in under 5 minutes!
Companies need a solution that can help them neutralise the negative impact of cancelled FX orders. In this week’s episode of #CurrencyCast, Agustin Mackinlay discusses the advantages of automating order cancellations in currency management.
He explains:
- How to minimise the P&L impact of FX-denominated order cancellations
- How to use technology to anticipate and quickly process order cancellations
- Why you should automate order cancellations to stay competitive
It’s an FX masterclass in under 5 minutes!
This episode is sponsored by BNP Paribas, the bank for a changing world!
Want to know the secret to reduced cost of hedging?
🎙Thanks to forward points optimisation you can secure financial gains. In this week’s episode of #CurrencyCast, Agustin Mackinlay guides you through the best way to leverage forward points to achieve financial gains and improve your pricing strategy.
The episode tackles:
- Get rid of silos between the treasury and commercial functions
- Improve the quality of their FX exposure collection
- Achieve better pricing with a strong FX feeder
It’s an FX masterclass in under 5 minutes!
Learn more about forward points optimisation in this guide: https://bit.ly/3JxcU4t
🎙Tune into the future of finance technology and manage currencies efficiently in a world of complex regulations and constant change. In this week’s episode of #CurrencyCast, Agustin Mackinlay sits down with Alistair Cotton, from Integrated Finance, to talk about fintech and currency management.
The episode touches on:
- Relying on the right institutions in a regulatory framework
- Overcoming the challenges of a volatile market
- The role of emerging tech in finance
It’s an FX masterclass in under 5 minutes!
Integrated Finance sponsors this episode, API-first Fintech infrastructure you can build on.
Find out how APIs can help you improve your treasury efficiency, watch this episode: https://open.spotify.com/episode/0r0SNQPkGicztoRO2V5WJW?si=5ea302032202418c
**🎙Free yourself from the stress of handling monster spreadsheets with sensitive information that could break at any time. In this week’s episode of #CurrencyCast, Agustin Mackinlay explains the key person risk and why you should eliminate it.
The episode goes over:**
- The faulty process that creates key person risk
- Key person risk and spreadsheet risk, two sides of the same coin
- How to say goodbye to key person risk
**It’s an FX masterclass in less than 5 minutes!
Integrated Finance sponsors this episode, API-first Fintech infrastructure you can build on.
Free yourself from monster spreadsheets haunting your dreams, download this report**.
🎙Keep your firm’s exposure to currency risk under control. Hedging can be a painful process when you’re dealing with intercompany loans. In this week’s episode of #CurrencyCast, Agustin Mackinlay explains a simple way to do so.
He discusses:
- Why hedging FX risk in intercompany loans is painful
- Shortcomings of the traditional approach
- Finding the easy way to hedge FX risk
It’s an FX masterclass in less than 5 minutes!
If you want to forget about painful FX risk hedging, download our report to improve your company’s performance.
**🎙What can you do to avoid human biases affecting your work? In this week’s episode of CurrencyCast, Agustin explains how behavioural biases could affect currency management and decision-making in finance.
He goes over:**
- The main biases in currency management
- How those biases affect decision-making
- Tips to avoid the biases
**It’s an FX masterclass in under 5 minutes!
Once you overcome these biases, it's time to focus on becoming a more strategic CFO. Download our report to improve your company’s performance.**
🎙Treasurers and CFOs are facing many challenges when managing currencies in inflationary economies, volatile FX markets, and recession. This week’s episode of #CurrencyCast features a special guest, François Masquelier.
Agustin Mackinlay sat with him to discuss:
- FX risk and scenarios of 2023
- Achieving better cashflow visibility
- Automation technology and the role of AI in currency management
**It’s an FX masterclass!
This episode was sponsored by TreasuryXL.
Want to know more about the upcoming trends and currency management priorities this year? Download our report and kickstart your updated FX management strategy**
🎙 When managing foreign currencies there is a currency risk that CFOs and Treasurers may not be seeing, the underlying credit risk. In this week’s episode of #CurrencyCast, Agustin Mackinlay explains the secrets to mitigating this hidden risk.
He discusses:
- benefits of embracing currencies
- taking full ownership of currency risk
- how to mitigate the underlying FX risk
It’s an FX masterclass in under 5 minutes!
Understand how this underlying credit risk is hurting your company’s margins and start taking full ownership of your currency risk.
🎙 It’s a multicurrency world out there! This week’s episode of #CurrencyCast shines a light on the benefits of introducing multiple currencies to your FX strategy. Agustin Mackinlay shares in detail how this is a great way to improve your profit margins.
He explains:
- the benefits of working with different currencies
- the role of technology in accessing more currencies
- the key to having a strategic asset to tackle FX risk
It’s an FX masterclass in under 5 minutes!
If you are ready to introduce a wider set of currencies to your FX strategy and reap all the benefits of the multicurrency world, talk with our currency management specialists.
🎙 #CurrencyCast season four is here!
In our first episode of the season, Agustin Mackinlay helps treasurers and CFOs prepare for the year ahead with actionable tips on handling the challenges —and opportunities— of 2023.
He discusses:
🔹 Priorities for finance leaders
🔹 Managing exposure to currency risk
🔹 The right approach to currency management
It’s an FX masterclass in under 10 minutes!
You will be prepared to face 2023 with a foolproof currency management strategy.
🎙️Are you ready to implement Treasury tech? In the last CurrencyCast: Experts Edition of the year we discussed with Victor Carcouet, Implementation Manager, the nitty gritty of currency management software implementation.
He talks about:
- Automation for CFOs: opportunity or threat?
- Why API readiness is the cornerstone of end-to-end automation.
- The Treasury tech implementation process.
It’s an FX masterclass in under 10 minutes.
Want to know how to be better prepared for currency management automation? Book a free strategy session with our specialists.
How do you achieve data driven insights?
CFOs could obtain quality insights and create data-driven reports if they had an easy way to visualise the complex data related to the currency transactions. In this week’s episode of CurrencyCast, Agustin Mackinlay explains why finance leaders should focus on automating their reporting and analytics.
He shares how automation:
- Improves analytics through better data visualisation
- Streamlines reporting with better insights and optimised processes
It’s an FX masterclass in under 5 minutes.
Want to know how you can drive better insights and automate your reports? Book a free strategy session with our specialists.
**Could automation replace Treasurers? Finance teams need to embrace automation to adapt to the future of Finance but this doesn’t mean their jobs are at risk. In this week's CurrencyCast episode Agustin Mackinlay dives into the implications of automating currency management
He touches on:**
- The two type of Treasurers
- Intervention levels with currency management automation
- Growth driven by automation
**It’s an FX masterclass in under 10 minutes.
Want to have an efficient currency management workflow? Book a free strategy session with our specialists**
Are you up-to-date with your digital knowledge? In this week’s CurrencyCast episode, we discuss how Treasurers can leverage APIs to improve currency management.
Agustin Mackinlay explains:
- The Pull-based and Push-based connectivity
- The benefits of using APIs to automate your currency hedging
- The role of APIs for an optimised currency management strategy
It’s an FX masterclass in under 10 minutes.
Want to have an efficient currency management workflow? Book a free strategy session with our specialists
Looking to protect your firm from cash flow and currency volatility? In this week’s episode of CurrencyCast, we look at layered hedging, the FX hedging strategy used to tackle shifting interest rate differentials and less-than-stellar cash flow visibility.
Agustin Mackinlay explains
- How this program works
- What business models does it work best for
- The secret to achieving a smooth hedge rate
It’s an FX masterclass in under 10 minutes.
When it comes to foreign exchange risk management, the most minor mistakes can end up costing your business.
Even with the most solid strategy in place, wrong processes can trip treasurers up and create errors, frictions and a dent in your finances.
But how can you avoid these high-priced problems?
In this episode of CurrencyCast, Currency Management Expert, Nadia Corbett, joins Agustin Mackinlay to walk us through four common mistakes she sees daily in her conversations with CFOs and treasurers and how you can prevent them.
It’s an FX masterclass in under 10 minutes.
Do you struggle with having a perfect match between your currency hedging position and the cash settlement of the underlying commercial exposure? We’ll let you in on a secret: most treasurers and finance teams do.
But how can you simplify this time-consuming and resource-intensive task?
In this episode of #CurrencyCast, we’ll reveal why this is an important issue for treasurers, how it’s typically handled and the treasury tool that will help you streamline this near-impossible process.
It’s an FX masterclass, all in under 10 minutes.
P.S. Looking to learn more about how to automate swap execution? Download our latest report, Optimising Cash and FX Risk management, through this link: https://lnkd.in/egBT56ee
In the first episode of our third season, Agustin Mackinlay explains why you need to stop using spreadsheets to manage currencies. He breaks down the dangers and pitfalls of spreadsheet risk and how it can slowly erode your FX risk management processes.
He’ll walk us through:
- What is spreadsheet risk
- Where this type of risk can arise in the currency management process
- How to manage FX risk without using spreadsheets.
It’s an FX masterclass, all in under 10 minutes.
When it comes to FX hedging, what do you prioritise, hedging to protect your company's cash flows or to minimise P&L impact? And how do you know if you've chosen the right path?
In the fourth episode of our CurrencyCast: CFO Edition miniseries, we explore how senior finance professionals can establish the right approach when it comes to hedging and provide a step-by-step guide to determining what should be hedged.
It's an FX masterclass, all in under 10 minutes.
When managing FX risk, CFOs could learn a lot from the world of asset management, where a revolution —led by indexing— has led to huge gains for investors.
But how can you apply this to your business's FX risk strategy?
In the second episode of CurrencyCast: CFO Edition, we take a closer look at the key tools and processes used by the most successful companies in asset management and how CFOs can use these as a template for overhauling their currency management, with incredible results.
It’s an FX masterclass, all in under 10 minutes.
🎙️ As a CFO, you're aware of the advantages of FX hedging for treasury, but do you know about the macro-level benefits to your business and its value?
In the first episode of our CurrencyCast: CFO Edition miniseries, we look at five ways effective currency management can positively impact your entire business, from reducing cash flow variability to increasing capital efficiency.
It's an FX masterclass, all in under 10 minutes.
Since the pandemic, the role of the treasurer has become even more fundamental to business operations and health. However, with this increased importance comes increased expectations and pressure to perform. But how can a treasurer step up to this challenge and move from a number cruncher to a key business player with C-level influence?
In this episode of CurrencyCast, Agustin Mackinlay looks at how treasurers can use effective currency management to elevate their role and profile and start creating value for the whole enterprise.
It’s an FX masterclass, all in under 10 minutes.
In the second episode of our Outperform your Budget FX Rate miniseries, Agustin Mackinlay addresses how a combination of automated hedging programs can help CFOs & treasurers simultaneously tackle some of their key pains, including:
- The degree of discount or premium in the currencies they buy and sell in
- The need to keep sufficient cash buffers in place
- The degree of accuracy in their forecasts.
He’ll also explain the three key benefits this combination of hedging programs can provide, alongside a hidden fourth benefit.
Miss out on the first episode of the series? WatchHow to outperform your budget FX rate here.
Defending your budget FX rate is a tricky process. Not achieving this rate means you could suffer financial losses and leave your company’s cash flows and profit margins unprotected. Not an ideal scenario.
Over the next three episodes, Agustin Mackinlay will focus on how you can not only defend but also outperform your budgeted FX rate year after year, while benefiting from favourable moves in the market.
In the first episode of this CurrencyCast mini-series, he looks at the types of pricing dynamics this applies to, the key challenges you will solve, and the hedging strategies that will have you outperforming your rate year after year, with FX risk fully under control.
In this week's episode of CurrencyCast, we're focusing on currency management challenges in the meat industry. This episode will be a must-watch whether you’re a trader, wholesaler, farmer, or processor.
Ben Santos, Currency Management Specialist, joins host Agustin Mackinlay to discuss the changing meat industry landscape and break down the critical implications for your currency management strategy.
You can expect insights on the trends and tactics which are helping businesses in the meat industry use currencies to boost profit margins and expand their business, all without FX risk.
Here's what to look out for:
- Business models and the FX risk map [01:30]
- A heavy administrative burden [02:53]
- Currency Management Automation solutions [04:30]
- How to remove currency risk [07:03]
- Traceability [08:54]
- Embracing currencies [10:05]
In this week’s episode of CurrencyCast, we look at how a lack of traceability in your currency management processes can not only harm the efficiency of your treasury operations but come with hidden costs and risks.
Agustin Mackinlay will break down the business advantages of a more granular approach to traceability and how you can streamline this manual task to achieve perfect end-to-end traceability.
It's an FX masterclass in under 10 minutes.
Building a successful hedging program is a fine art. When well done, the financial, strategic, and operational benefits are abundant but done poorly, it can lead to more risk than value.
But how do you strike a balance and easily create a program that can effectively solve your business’s complex FX challenges?
In this week’s episode of CurrencyCast, Agustin Mackinlay breaks down the three essential components of a successful hedging program and how they reflect different elements and business needs:
It’s an FX masterclass, all in under 10 minutes.
⭐ Keep up to date with new episodes and subscribe to our weekly newsletter 👉 https://lnkd.in/em8Sf_SH
We look at why so many firms shy away from applying hedge accounting —and even from currency hedging altogether— and how they can simplify this complex task.
Our host breaks down how to keep unrealised FX gains and losses out of net income, the required documentation for hedge accounting and how to completely streamline this essential process in line with IFRS 9 and US GAAP
It’s an FX masterclass, all in under 10 minutes.
⭐ Keep up to date with new episodes and subscribe to our weekly newsletter 👉 https://lnkd.in/em8Sf_SH
Season 2 of CurrencyCast has arrived! In the first episode of the season, we break down the 4 must-have tools you need to successfully manage FX risk and protect your business in times of unpredictability, such as pandemics, wars or other volatile events.
We’ll share the tools and techniques that will help you with:
- Cash management
- Shifting interest rates
- Disrupted supply chains
- Protecting budgeted profit margins
It’s an FX masterclass, all in under 10 minutes.
Travel is back! In this week's episode of CurrencyCast, we're focusing on currency management challenges in the travel industry.
Host Agustin Mackinlay will be joined by Marc Padrosa, Kantox's Global Industry Director of Travel. They'll discuss the changing travel landscape and break down the critical implications for your currency management strategy.Here's what to look out for:
- Business process automation [02:26]
- Pricing [05:26]
- Language of currencies [08:23]
- Embracing currencies [11:16]
- Managing foreign exchange risk [18:10]
This week, we look at why a failure to embrace currencies can lead to weak business performance.
Agustin Mackinlay breaks down business advantages of buying/selling in the currencies of your customers/suppliers and how both B2B & B2C firms can easily integrate more currencies into their strategy without extra resources and workloads.
🎙️In this week's episode of CurrencyCast, we look at why a high level of forecast accuracy is not as important as you think when it comes to your FX risk strategy.
Agustin Mackinlay breaks down how an overreliance on forecast accuracy can be detrimental, and how to get around this typically essential priority when managing FX risk.
He’ll discuss:
- What hedging programs don’t require high forecast accuracy, including static and micro-hedging
- How to avoid being over or under hedged
- How to secure and defend a worst-case scenario budget rate
- How risk managers can mitigate forecast inaccuracy and gain time for their team
It’s an FX masterclass, all in under 10 minutes.
💻 Watch on YouTube: https://youtu.be/UwoqeejJN8o
In this week’s episode, Agustin Mackinlay walks us through how a business can improve its competitive position in the event of ‘favourable’ forward points using a simple and applicable working example, the case of the South African tour operator selling into the UK market.
He’ll break down:
- The commercial transaction and the parallel forward market transaction
- Forward points
- Pricing with the forward rate
- The missing link between pricing and hedging
This week, we look at the right and wrong approaches to pricing with an FX rate.
Agustin Mackinlay breaks down the shortcomings of the most widely used criteria for pricing updates, time-driven criteria. He provides an alternative data-centric approach that will allow you to become more competitive and protect your business from risk
We look at the FX risk map, an effective tool used to understand when, where and howyour business’s currency risk emerges.
In this episode, Agustin Mackinlay breaks down the core approach to understanding risks, where they can occur in the transaction journey, and the mitigation solutions that will help you be more proactive in managing them.
We review the hidden challenges that arise as treasurers navigate the three stages of the FX risk management workflow: The pre-trade, trade and post-trade phases.
Agustin Mackinlay breaks down how the three phases function, the unique set of challenges each presents and why siloing these steps could put your business at risk.
Get a sneak peek of our new weekly podcast series, CurrencyCast. Every week, FX writer Agustin Mackinlay will provide bite-size insights to help CFO's & Treasurers better understand their FX risk, stay informed of the latest currency management trends and learn about the future of FX tech.
In the first episode of CurrencyCast, FX writer Agustin Mackinlay looks at the key treasury problems that currency management automation solutions need to solve to become a viable tool in your treasury toolbox.
With FX volatility intensifying and exposing companies to even greater currency risks, treasurers & CFOs face many challenges as they look to step up their FX risk management strategy like never before. But what opportunities can they expect to come from an automated FX solution, and are they enough to get c-level approval?
This week, we offer our view on the make-or-break FX challenges treasurers and CFOs will face in 2022 when managing their FX risk.
FX writer, Agustin Mackinaly share his predictions for the trends and issues to watch out for this year and how they’ll affect your business. He’ll provide insights on how to handle each and make more informed decisions for your FX risk strategy in 2022.