What is automated currency handling and trading?
Global forex markets are open on the business hours of four different parts of the world, which means that trading is active 24 hours a day, five days a week. The fast pace of the forex markets in, combination with extra tasks related to having counterparties abroad, requires you to be prepared to rapid changes and new tasks - this is where automation can really help you stay on top.
Nordea's AutoFX Suite is designed to help you streamline your foreign exchange (FX) operations. Automating your FX handling can improve efficiency and processes, reduce both market and operational risks but also support decision-making ultimately unlocking valuable time for other priorities in the company.
The AutoFX Suite consists of four elements that in combination cater for a variety of customer needs, regardless of the company size or the complexity of FX handling. These user-friendly and easy to adopt solutions can take your forex workflows into new levels of efficiency. They can help you understand how exchange rates impact your company, carry out your FX transactions automatically, and implement hedging strategies with ease, so you can focus on making your company thrive.