Kantox

Currency Management Automation

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Overview

Kantox offers a Currency Management Automation software that helps businesses to automate their end-to-end foreign exchange workflow. The solution is designed to help companies manage their currency risk, automate their hedging strategies, and improve their international payment processes. Kantox was acquired by BNP Paribas in 2023.

✨ Key Features

  • Automated FX hedging
  • Dynamic hedging strategies
  • FX risk management analytics
  • Multi-currency accounts
  • International payments
  • API-driven automation

🎯 Key Differentiators

  • Deep focus on FX automation
  • Plug-and-play solution with extensive API capabilities
  • Backed by a major financial institution (BNP Paribas)

Unique Value: Automates the entire FX workflow, from exposure capture to hedging and payment, to reduce risk and improve efficiency.

🎯 Use Cases (3)

Automating currency hedging for international businesses Managing FX risk for e-commerce companies Streamlining international payments and collections

✅ Best For

  • Automating the hedging of currency exposures from international sales and purchases.

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Companies with no international operations or FX exposure.

🏆 Alternatives

Kyriba Hedgehog FireApps

Offers a more specialized and automated solution for currency management compared to broader treasury management systems.

💻 Platforms

Web API

🔌 Integrations

SAP Oracle NetSuite Microsoft Dynamics 365 Salesforce Various ERP and TMS systems

🛟 Support Options

  • ✓ Email Support
  • ✓ Live Chat
  • ✓ Phone Support
  • ✓ Dedicated Support (Enterprise tier)

🔒 Compliance & Security

✓ GDPR ✓ ISO 27001 ✓ SSO ✓ ISO 27001 ✓ Authorized Payment Institution by the UK's FCA and the Bank of Spain

💰 Pricing

Contact for pricing
Visit Kantox Website →