(8 September 2023 – Global) How open are CFOs to outsourcing FX processes?
East & Partners proprietary Global Business FX analysis reveals that over eight out of ten HK and Singapore importers and exporters are open to outsourcing specific FX functions.
Source: East & Partners Hong Kong and Singapore Business FX Service (N: 1,869)
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“The research shows that CFOs and treasurers are open and willing to outsourcing their most time consuming and resource sapping functions such as post-execution analysis, risk management, multi-currency account management, counterparty onboarding, real time reporting and overall cross border payment needs altogether, noting a significant level of variance by business size” East & Partners Global Head of Markets Analysis, Martin Smith, commented on the analysis.
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