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Global Enterprise

Lisa works at a company that manufactures and distributes a successful line of educational games for children.

The company is a global enterprise, with headquarters in Canada, manufacturing centers in China, Mexico and Wales, and distribution centers in California and the United Kingdom. The company offers it products to retail customers around the globe.

Recently promoted to the position of treasurer, Lisa faced the task of dealing with a year long slump in global sales. In response to this challenge, her first mandate was to streamline her company's internal capital transfer systems.

During her initial analysis of payments to and from suppliers, distributors, employees and customers, a disturbing pattern quickly emerged: no fewer than nine of the company’s global silos were accumulating large FX exposure. What’s more, they were trading away independent of one another.

With assistance from a Velocity Trade FX specialist, Lisa calculated forensically that this lack of position co-ordination, optimization and price-tracking exposed her company to heavy erosion in profits every fiscal quarter.

Two months after beginning her new position, Lisa deployed Velocity Trade’s enterprise-wide trading solutions. The results were significant.

The company’s global silos are now completely linked and optimized. As the acting trade supervisor, Lisa uses a revolutionary web-based trading platform to manage her company’s entire FX exposure. Velocity Trade enables Lisa to lock in highly competitive exchange rates and reduce overall transactions by matching off buy requests in London with sell requests in California.

With Velocity Trade’s comprehensive reporting tools, Lisa was able to demonstrate to her board how much she was saving the firm. In response, the board promoted her to CFO.

By choosing Velocity Trade, Lisa made a choice to help increase her company’s bottom line.

So can you.


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