Global Finance Magazine FX Award Recipient | London

BEST SOLUTION FOR FX CASH-FLOW HEDGING

World Vision International (Banking Partner: Standard Chartered Bank)

UK-based World Vision International (WVI), a global Christian humanitarian and relief organization with operations in nearly 100 countries, relies on cash flow projections and hedging to manage its FX exposure. Standard Chartered has collaborated extensively with WVI’s global treasury to provide local market knowledge, currency forecasts and macroeconomic outlooks. The relief organization actively monitors a portfolio of stop-losses and forwards to realize FX savings relative to budgets. It has demonstrated the value of active management in making it easier for global development organizations to manage the currency risk inherent in grants and other forms of restricted funding.

https://www.gfmag.com/magazine/january-2020/foreign-exchange-awards-2020-financial-institutions