FX

Get the latest insights related to foreign exchange (FX), also known as the currency market.

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Corporate insights

Top 10 reasons to automate your treasury workflow

Companies large and small are turning to automation to streamline and optimise operations in their treasury and finance departments. Here are the top 10 reasons why.

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Corporate insights

Why Thule Group went all-in on automation

In recent years, Thule Group has used automation to revamp its approach to cash management and FX handling. Automation itself wasn't the end goal but rather the means to becoming a more strategic treasury. The move has paid off, freeing up time for more complex and value-adding tasks.

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Corporate insights

Currency volatility ahead – SME’s should assess and manage currency risks immediately

Too many small and mid-sized companies continue to underestimate their currency risks, according to a recent Nordea study.

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FX

Exciting times for FX automation

FX trading is undergoing a digital transformation, with automated solutions eliminating the manual, repetitive tasks and making more time for brain work. Matti Honkanen, Nordea’s head of Next Gen FX, talks to e-Forex’s Larry Levy in a podcast about the rapid change that’s underway.

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Insights

Subscription based business models in corporate banking

With subscription business models spreading across nearly all industry verticals, the financial industry is often described as a laggard in this area. Jean-Francois Tapprest, Large Corporates & Institutions (LC&I) Business Innovation Lead at Nordea, analyses how a large part of the corporate banking business is already “subscription-like” and how banks can gain inspiration from modern subscription-based models.

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FX

How a women’s fashion retailer is navigating the Covid-19 storm

The Ball Group, a European leader in the plus-size women's clothing market, implemented an FX risk management strategy in 2016 to limit its exposure to currency fluctuations. The strategy has helped the company ride out the major currency volatility of the Covid-19 pandemic.

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FX

An effective hedging strategy helped this company dodge FX losses during Covid-19

Newgen Distribution, a leading distributor of Fitbit and other connected technology brands in Northern Europe, decided to implement an FX hedging strategy in 2019 to control its currency risk. The move has paid off, allowing the company to avoid exchange rate losses of up to 10% during the Covid-19 pandemic.

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FX

Circular economy champion L&T discovers ease of FX automation

Environmental services company L&T started using Nordea's AutoFX currency robot mid-pandemic in 2020 to reduce the manual work needed to manage its currency risk. FX automation has been a game changer for the company's treasury department.

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Corporate insights

Redefining the treasury through automation

Automation is a strategic opportunity for finance and treasury departments to move closer to the business in their companies and drive innovation. FX automation is one clear place to start.

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FX

Covid-19 was a wake-up call for this company to manage its currency risk

When Covid-19 hit, Finnish furniture company Pohjanmaan Kaluste Oy decided to start hedging its currency risk. The move has allowed the company to set currency worries aside and focus on running its thriving business in challenging times.

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FX

5 steps to manage your currency risk

If you think currency and exchange rates are only a concern for bankers, it's time to think again. Currency risks affect all international companies.

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FX

How an e-com pioneer grew to SEK 1 bn in turnover in just a few years

Mobile phone accessory maker Ideal of Sweden has been on a whirlwind growth journey, from a small garage operation to an e-commerce leader. Discover the company’s keys to success and how it is using Nordea’s AutoFX currency robot to make more time for what matters – its core business.

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