Construction Magazine May 2016 | Page 10

MANAGEMENT / PLANNING
driven firms seeking to challenge and disrupt the ( often stagnant ) status quo – and associated rise of online benchmarking services made it easy for Rizwan to compare bank , broker and platform rates . This discovery prompted him to look beyond traditional providers , to consider alternative options .
The team now works with Kantox , a FinTech firm which provides the on-demand and detailed transparency Rizwan and his team were seeking . They were also drawn to Kantox ’ s regular pricing scheme – the technology applies the same commission to all companies , no matter their size . This means that fast growing company Mettalis has not suffered as transaction volumes have grown . This not only builds trust , but brings peace of mind for Rizwan , without the need to check what Mettalis has been charged in each transaction .
They are now able to depend on expert FX advice , freeing up the CFO and finance team to focus on longer term , strategic business priorities , rather than getting pulled into currency ‘ firefighting ’.
Defining a clear FX strategy Mettalis ’ s chief asset - steel
Philippe Gelis , CEO of Kantox
10 May 2016