Currency management solutions help corporates deal with the risk of currency fluctuations in their business-to-business (B2B) transactions. Foreign exchange (FX) dealers bridge the gap between corporates and banks that are vital players in FX markets, matching buyers and sellers and processing a large share of the daily transaction volume.

This report recognizes the diversity of the B2B currency processing market. It covers topics that are relevant for all types of market participants, such as sell-side and buy-side firms, nonbank liquidity providers, FX e-trading platforms, and other service providers involved in currency trading and settlement. Between June and September 2023, Datos Insights interviewed executives and payments experts from leading financial institutions, currency processors, and corporations to understand the main challenges and trends in the currency processing landscape. The interview program was supported by extensive desk research.

Clients of Datos Insights’ Commercial Banking & Payments service can download this report.

This report mentions AbbeyCross, Cashfac, Finastra, FinXP, FX HedgePool, HSBC, Kantox, MillTechFX, and Wells Fargo.