Foreign Exchange Risk Management
Delivered by experts who truly understand your business
Inevitable exchange rate volatility has a material impact on your bottom line. Large corporations are in an enviable position; they have large treasury departments to manage this risk, but this is very costly.
How can you protect your business from the same risks without the same expense?
HiFX Advisory Service works independently with you to:
-
Identify your risk
Understand the nature of your exposures and their impact on your bottom line.
-
Implement an FX management policy
Agree an appropriate strategy to minimise and mitigate your risk.
-
Optimise the timing of your transactions
The ‘million dollar’ question – when to trade.
-
Regulate your foreign exchange pricing
Ensure that you are getting the right price from your bank or broker.
FX Advisory Services
Large corporations trading internationally employ teams of market professionals to manage foreign exchange risk within their business at enormous cost. The same risks exist within any business trading cross border, regardless of size. The question is how can you employ the same specialist resource in your business to address the same risks to your profits without costing the earth? This is why our foreign exchange advisory service exists.
We work independently for you and you alone. We do not seek to transact your currency; we simply provide you with the very best foreign exchange management advice to protect your business from market volatility risk.
Risk Identification
Your dedicated consultant will gain an in-depth knowledge of your business, how your foreign exchange exposures arise and the inherent financial risks you face.
Policy and Strategy Implementation
Understanding the source of your exposure allows us to relate this to bottom line risk. Understanding your business and specific industry profile will enable us to develop and implement an appropriate risk management policy. With experience in over 100 industry sectors we will ensure that you are managing your risk in the most suitable manner, potentially giving you an advantage over your competitors.
Market Timing
Having considered and implemented a bespoke risk management policy, the key decision remains; when to trade your currency. Our market experts will monitor the markets and pro-actively help you to decide when to transact your currency within the risk management framework that has been established. The integrity of our advice is absolute, as we do not wish to transact the currency. We will act only in your best interests.
Product and Price Regulation
When you do trade your currency, it is important to know what products are available to you and the exact price you should be paying. We will regulate the margins that your bank or broker is making, to ensure that you receive fair value, whether you are dealing spot, forward or options based products.
Key Benefits:
- Our complete independence means that you can be assured that we are working only in your best interests.
- Our service is bespoke to your needs; accordingly our advice is tailored to protect your business.
- We translate our specialist market intelligence into clear and practical business advice, enabling you to make currency management decisions in the most informed manner.
- We regulate the margins of your bank or broker, ensuring that you are not paying excessive spreads, saving you money.
- Our consultants become long-term trusted advisors to you by managing your foreign exchange exposure.
- We relieve the headache of being exposed to one of the world’s most volatile financial markets.
- Through effective risk management, we are able to add significant value to your bottom line.