APAR Industries Wins the Adam Smith Awards Asia with IBSFINtech Treasury Management System as its technology provider

Adam Smith Awards Asia 2025

IBSFINtech, India's leading Enterprise TreasuryTech company catering to the end-to-end digitization of Cashflow & Liquidity, Currency Risk, Commodity Risk, Investment, Debt Management, Trade Finance and Supply Chain Finance (SCF) announced that its prestigious client APAR Industries Ltd. is the highly commended winner of the 2025 Adam Smith Award Asia for 'Best Foreign Exchange Solution'

At the heart of this achievement is a strong technology partnership with IBSFINtech. APAR Industries selected IBSFINtech as its technology partner and implemented its IBSFINtech Treasury Management System (TMS) to accelerate its journey of digital treasury transformation. By choosing an integrated, intelligent, and industry-agnostic Treasury Management Platform, APAR set out to modernise and streamline its financial ecosystem.

Having IBSFINtech Treasury Management System implemented at APAR brought all treasury activities under a single digital ecosystem, including:

• End-to-End FX Risk Automation: APAR successfully automated the entire FX lifecycle—from exposure capture to hedge accounting—eliminating manual interventions and ensuring consistent, streamlined processes.
• Single Source of Truth: The organization now benefits from unified, real-time exposure data across all entities, business units, and currencies, significantly enhancing visibility and control.
• Accurate & Timely Decision-Making: APAR's CFO, Treasury, and Risk teams now access real-time insights, analytics, and risk metrics, enabling faster and more informed decision-making.
• Comprehensive Hedging Coverage: The solution enables APAR to efficiently manage a broad spectrum of hedging instruments—including forwards, futures, vanilla and exotic options, IRS, and cross-currency swaps—across both OTC and exchange-traded markets.
• Enhanced Risk Mitigation: APAR is now equipped to optimize hedge ratios, minimize over- or under-hedging, and safeguard margins against market volatility.
• Improved Hedge Accounting Compliance: Automated documentation, effectiveness testing, and accounting entries have simplified APAR's compliance with global hedge-accounting standards.
• Operational Efficiency: APAR's treasury operations have become significantly more efficient, with automated exposure tracking, deal booking, valuation, and reporting—reducing manual errors and operational risks.
• Real-Time Valuations & MTM: Treasury teams now receive instant MTM updates, revaluations, and sensitivity analyses, improving forecast accuracy and P&L visibility.
• Audit-Ready & Fully Traceable: With comprehensive audit trails and documented histories of all exposures and hedging actions, APAR has strengthened its governance and internal controls.
• Faster Reporting for Leadership: Automated MIS and board-ready reports have drastically reduced report-preparation time, enabling APAR's treasury team to focus on strategic initiatives rather than manual compilations.

On this recognition, CM Grover, Promoter & CEO, IBSFINtech said "APAR's recognition at the Adam Smith Awards Asia is a proud moment for all of us in the treasury ecosystem. We are honoured to be APAR's technology partner and to support their digital treasury transformation journey. APAR Industries treasury team is well deserving of this Adam Smith Award Asia"

About IBSFINtech

IBSFINtech offers an agile and integrated treasury management solution that enables the CFOs and Treasurers to enhance visibility, improve control, mitigate operational risk, drive automation, and optimize business efficiency.

Trusted by 570+ entities globally, IBSFINtech's Treasury Management System is comprehensive and seamlessly integrates with ERPs, Banks, Market data providers and dealing platforms. The platform has processed USD 1 Trillion+ value of transactions for corporations across industries. Offered as SaaS as well as On-premises platform, it empowers the Boards and CxOs to enhance visibility, improve control, mitigate operational risks, drive automation, and optimize overall business efficiency.