GW Platt Bank Foreign Exchange Awards 2025: Global FX Tech Winners – Magic Post

A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure and manage currency risk, enabling companies to confidently navigate the complexities of the global market.

Treasury It is our award winner for Best TMS Provider with FX Module. The overall FX management strategy also relies heavily on accurate data and analysis, says Sandra Koch, vice president of risk solutions.

PricewaterhouseCoopers data shows that “62% of companies that successfully mitigate foreign exchange risks credit it to having an integrated approach that combines exposure identification, risk assessment and hedging in one system,” says Koch. “GTreasury’s FX solution achieves this by giving treasury teams the ability to consolidate exposure data, automate risk assessments, and implement effective hedging strategies, all from one cohesive interface.”

Investecthe award-winning Best Forex Trading Platform, deploys a Forex analytics tool within the Investec ix platform that enables clients to assess their exposure and identify risks and opportunities. The FX Hedging Analytics tool supports clients in assessing the comprehensiveness of their hedges – giving clients full control and oversight of positions held by Investec as well as positions not held by Investec.

City speed It is the winner of three awards – Best Overall Processing, Best Data & Analytics Platform, and Best Big Picture Situations – and provides broad data coverage including a wide range of market data, including equities, fixed income, currencies, commodities and derivatives. An advanced analytical tool like this can help users gain deeper insights into market trends and make better informed investment decisions. Users can also customize their workspaces to suit their specific needs and preferences.

“Clients continue to look for ways to improve their execution and how they access liquidity,” explains Aisha Latif, Global Head of Forex Products at Citi. “They are demanding fully integrated workflow solutions with real-time pre- and post-trade information to enhance their decision-making. Investment in our technology and architecture remains our key priority as we seek to meet our clients’ complex needs with simple and elegant solutions.”

Algorithms using artificial intelligence (AI) and machine learning execute trades at optimal times while analyzing historical data to identify patterns and make informed decisions.

dpswhich has won two awards as the Most Innovative Bank in FX as well as the Best Machine Learning/AI Tool in the FX Market, first deployed its hyper-personalization tool AI and Machine Learning across its Treasury and Markets businesses. The service, called Hi-P, helps the bank’s corporate sales team engage multiple customers at scale, providing personalized recommendations based on individuals’ profiles and needs. Hi-P also provides deviation monitoring, sending push notifications if customer behavior falls outside a pre-defined range.

LSEG (formerly Refinitiv) wins Best Forex Data and Analytics Tool. LSEG boasts a comprehensive data and analytics platform for financial professionals. It includes powerful analytical tools and customizable workspaces, with broad data coverage across all asset classes, including forex.

In April, Bloomberg– Award-winning Best Provider of Environmental, Social and Institutional Investment Research – has launched a sustainability screening tool on the Bloomberg Terminal that enables investors to enter their precise thresholds from three categories: sustainability goals, exclusion or “do no harm” criteria, and good governance requirements. Based on Bloomberg’s extensive collection of ESG data, proprietary metrics, and outcomes, it calculates a percentage that reveals how much of a portfolio, fund, or index matches a user’s criteria. The tool provides a detailed list view of all holdings, to detect outliers.

JP Morganwinner of Best Execution Algorithms and Best DeFi Crypto FX Platform, uses innovative technologies to execute trades efficiently and effectively. This includes the Kinexys by JP Morgan (formerly Onyx) unit, which focuses on tokenization and blockchain. Over several years, Kinexys has collaborated on the Project Guardian pilot, an industry initiative led by the Monetary Authority of Singapore to explore the use of money and asset tokenization. Two years ago, JP Morgan implemented the first live trading of decentralized currencies via a public blockchain network (S$/JPY).

Tokenization is transforming record-keeping, says Navin Malila, global co-head of JP Morgan’s Kinexys. “It’s not about assets and currencies; It is about the introduction of newer bookkeeping systems. At its core, it’s about introducing programmable digital notebooks.

Kinexys Digital Payments now integrates with JP Morgan FX Services to enable foreign currency settlement on the blockchain, initially in USD and EUR, with plans to expand to more currencies. As early as Q1 2025, clients will be able to execute FX transactions and settlements in near real-time by connecting to JP Morgan’s global FX platform, reducing FX settlement risks and accelerating trade settlements.

Winner of the Best Non-Banking Company in Foreign Exchange and the Best Forex Service for Payments Solutions Award, Corpay cross border solutions Provides support for a range of payment needs, from small transfers to large amounts required to complete mergers and acquisitions. State-of-the-art custom solutions have been developed for specific business sectors including funds, financial institutions, education, renewable energy, sports and entertainment. Other customizable solutions include a white label option that allows partners to offer Corpay’s fully integrated payment engine solution, delivered via an API.

PBVAwhich won two awards, for Best Digital Forex Trading Platform (Overall) and Best FX Solution for SMEs, has created different FX platforms to suit the diverse needs of its wholesale and retail clients. An app specifically designed for SMEs (small and medium-sized businesses) is currently available in Peru, Colombia, Spain and Mexico. The app helps these companies hedge their foreign exchange exposure, request international transfers, and receive foreign exchange market alerts, with a user experience (UX) focused on user habits and needs. “At BBVA, we see the SME customer segment as key and with huge potential,” says Luis Martins, Head of Global Macro at BBVA. “So we made the Forex product available on an international platform, with the aim of having a global and best-in-class user experience for our SME clients.”

Cloud-based solutions provide scalability and accessibility to FX. MUFG Investor Serviceswhich won the Best FX Solution award, offers a fully automated, flexible, cloud-based solution that provides an external, non-discretionary, rules-based hedging service to help clients mitigate FX exposures within portfolio or covered share classes.

Kiribawinner of the Best Cloud Technology FX Solution award, provides a comprehensive cloud-based treasury management platform with powerful FX capabilities and advanced analytics and reporting tools.

International Islamic Salvation Frontwhich won the Best FX Regtech Tool award, has developed an investment risk manager. The tool provides a comprehensive view of cross-asset trading, portfolio management, and investment risk. FIS’s Trade Compliance Manager provides a comprehensive view of the application lifecycle, meeting all your trade compliance needs in one solution.

Technology has revolutionized the way companies manage currency risks. In 2025, we are expected to see more advanced forecasting tools, such as AI-powered analysis of massive amounts of data in order to more accurately predict future currency movements, and modeling different economic scenarios to assess potential risks and opportunities.

Real-time monitoring and alerting systems will continue to help identify potential risks and opportunities and enhance decision-making, while automated hedging and advanced hedging techniques that use algorithms to automatically execute hedging strategies will enable sophisticated strategies using options and futures to manage complex risk profiles.

Blockchain technology will increase in popularity for providing security and transparency for cross-border payments, while automated smart contracts will reduce the risk of errors and delays in contract execution and payment processing.

Increased volatility due to geopolitical tensions, economic uncertainties and shifts in central bank policy will continue to play an important role in shaping FX markets and influencing currency valuations. Applying advanced technologies, such as artificial intelligence and machine learning, to improve decision-making and risk management, will be the key to overcoming such challenges.