Kyriba sees uptake in AI-assisted FX hedging tools
Automated data collection and cleaning helps corporates create better hedges and has cut unexplained P&L moves by 87%, says vendor
When a corporate treasury is working out its foreign exchange hedging strategy, it needs to consult forecasted cashflows and revenues, as well as billing and invoices in foreign currencies. But this data is often messy, residing in different formats and split across various sources.
Treasury solutions provider Kyriba, though, says it is possible to use artificial intelligence to automatically collate such data across multiple internal and external treasury and cash management platforms, and then
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