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- Global Finance Best FX Provider 2021
We are humbled and honored to have India’s leading engineering conglomerate and our prestigious client Blue Star on being recognized as the “Best Corporate for use of Currency Hedging” at the prestigious Global Finance Corporate FX Awards 2021.
For more information:https://www.gfmag.com/media/press-releases/press-release-corporate-fx-awards-2021
Kundip Thakker, Head – Treasury, Blue Star Ltd, shares, “Many organizations still struggle with using ERP as the solution for Treasury management. It may not be feasible to use ERP, as treasury function requires a dedicated solution designed for the purpose of automating the Treasury operations. We selected IBSFINtech as their comprehensive offerings helped us automate our trade finance operations with holistic approach. It is a standardized product, having most of the business scenarios pre-existing in the product and if required solution configuration as per the corporate workflows is very easy. The solution played a pivotal role in improving process efficiencies, ensuring data accuracy and 360-degree visibility. The embedded risk policy is the added advantage for us to ensure compliance and transparency of the entire operations.”
About Global Finance
Global Finance is the world’s leading corporate finance publication, uniquely positioned to recognise and reward excellence in the Foreign Exchange sector.The Global Finance award is the most trusted standard of excellence for the global financial community. IBSFINtech appreciates your commendable efforts and for giving us an opportunity to work together with your team. IBSFINtech is privileged to be recognised as Blue Star’s Technology Partner in this esteemed win enabling their journey of digital transformation through our integrated solution for Treasury, Risk and Trade Finance.Kundip Thakker, Head – Treasury, Blue Star Ltd, shares, “Many organizations still struggle with using ERP as the solution for Treasury management. It may not be feasible to use ERP, as treasury function requires a dedicated solution designed for the purpose of automating the Treasury operations. We selected IBSFINtech as their comprehensive offerings helped us automate our trade finance operations with holistic approach. It is a standardized product, having most of the business scenarios pre-existing in the product and if required solution configuration as per the corporate workflows is very easy. The solution played a pivotal role in improving process efficiencies, ensuring data accuracy and 360-degree visibility. The embedded risk policy is the added advantage for us to ensure compliance and transparency of the entire operations.”
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