EASYTRADE Easytrade 2015 Utrecht, Netherlands Private Global Risk and Control / Cash Management / Exposure management dealing, execution Company description Since 2015, we have spoken to over 200 Dutch corporate clients about their Treasury process. What have we learned? Most international companies deal with foreign exchange exposures that change daily. Hedging these exposures is no easy task. Product description Easytrade has been developed together with corporate clients. It is very user-friendly and allows for automation of the steps leading up to the execution of transactions. So, how does it work? 1. One-time entry of company settings and hedging policy. 2. Accounting data can be uploaded via Excel or by directly connecting Easytrade to the company’s accounting software. 3. Easytrade then automates all of the steps leading up to the transaction. Functionalities Easytrade currently offers a basic hedging module and an advanced hedging module. With basic hedging, you can execute currency transactions as you are used to do. Advanced hedging, however, helps you to automate most of the steps prior to the actual transactions. By doing so, the chance of errors and unnecessary transactions will be reduced and consistently every transaction will be prepared in line with your hedging policy. This can greatly reduce the time spent on hedging and gives a better insight into your current exposure. The application currently offers two different advanced hedging methods: 1-to-1 hedging (every invoice or order will be hedged after they appear in the bookkeeping software) and forecastbased hedging (forecasted revenues and/or expenses are used to execute currency transactions). Achievements December 2015 - Out of 150 ideas submitted, Easytrade wins the prestigious Rabobank Moonshot Award. May 2016 - Easytrade officially launched. May 2018 - Rabobank fully deploys Easytrade. June 2018 - First foreign bank starts using Easytrade. “A partner with the same core values and service level as we intend to have; flexible, quick follow-up and a no-nonsense approach.” Dennis van Barneveld, Commercial Director Partner in Chemicals. Scan to go to the website 70 TREASURY SOLUTIONS 2019 EASYTRADE
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