FX-e Commerce & beyond – Providing Treasurers with more than just execution tools

For corporate treasurers, e-commerce is moving towards providing a holistic set of products and services. David Mallinder shows how this isn’t limited to just FX price discovery and execution.

For the corporate treasurer, e-commerce is rapidly moving towards providing a holistic set of products and services and is no longer limited to just Foreign Exchange price discovery and execution. Significant improvements in the technology and functionality of Web systems and the added value they provide means that corporate treasurers can significantly improve operational efficiency, liquidity and bottom line profitability. The e-commerce solutions now available can greatly assist this process by providing the necessary tools, in a safe and secure on-line environment.One Stop ShopThe Global FX business is a mature market. A substantial level of automation and the subsequent price transparency have led to ever-thinning margins for the sell side. Combined with improved liquidity, the influence of price has diminished, and the FX providers, desperate for volume, are aware that business is increasingly won by offering value-added services. E-commerce has a big role to play in this strategy. Fortunately for the...continued