AutoFX Liquidity Management

AutoFX is a rule-based solution that automates your FX handling

Nordea’s AutoFX Liquidity Management is a fully-automated solution for managing your company’s currency flows and liquidity. Instead of having to continuously monitor accounts and manually trade spot or swaps depending on your current liquidity need, you can let AutoFX Liquidity Management handle your FX exposure according to your own instructions. This means that you can focus on more value-adding tasks in-stead.

Cross-currency Sweeping and Topping

New function: Change settlement date on FX hedges automatically  

AutoFX Liquidity Management monitors your accounts and automatically changes settlement dates on your outstanding FX hedges based on the rules you have set.

Automated sweeping 

Sweeping automatically exchanges your positive balances on your currency accounts to your desired levels and desired currency.

Automated topping 

Topping automatically tops up your currency accounts to your desired levels through exchanges from your chosen currency.

Overnight swaps

If you have temporary negative balances on some currency accounts, but positive balances in others, AutoFX Liquidity Management can optimise your cash pool positions by using overnight FX swaps.

This effectively eliminates negative balances in foreign currency accounts, while minimising interest payments caused by overdrafts.

Many corporates use this service as an add-on to their current FX strategy, making sure that the daily liquidity is used as efficient as possible without closing any positions. Also, it does not matter what your FX policy looks like – the solution works great for companies that are hedging and those who choose not to. If you are hedging, overnight swaps does not interfere with your current strategy, rather the other way around. For instance, it can optimise mismatches between payments and outstanding hedges. 

If you instead prefer longer swaps, that’s also possible as you decide the tenors.

AutoFX Liquidity Management suits companies of all sizes

Regardless of the size or the nature of your business, Auto FX Liquidity Management can prove to be a winning strategy to help with your daily FX workflow. Especially if you have cash flows in multiple currencies, why not let AutoFX Liquidity Management handle your time consuming daily FX routines to free up tasks for more strategic tasks. 

You can use AutoFX Liquidity Management also on non-Nordea accounts.