GW Platt Foreign Exchange Bank Awards 2025: Global, Regional And Country Winners
Top-level foreign exchange (FX) management is crucial for businesses amid geopolitical tensions and shifting interest rate environments. FX services now drive 50% of corporate value allocation, with trading volumes reaching record highs post-pandemic.
Bank FX divisions are now strategic, offering tailor-made solutions to meet clients’ unique needs. Personalized strategies like customized hedges help manage risks effectively.
Enabling Bespoke Offerings
Banks are investing in technological solutions to improve efficiency and lower costs for treasurers and CFOs. Automation tools like algorithms and machine learning models are automating FX processes for better results.
Non-G5 Currencies Get Boost
High currency volatility and geopolitical factors are driving banks to focus on non-G5 currencies. Banks are adjusting product ranges to offer diversified solutions, taking advantage of currency opportunities beyond traditional options.
Human Talent Remains Key
Besides technology, leading banks are investing in research and advisory teams to stay ahead in the FX market. Strong relationships with clients and top-level technology are essential for offering best-in-class services.
Best Foreign Exchange Banks 2025
Global Winners
Best Global Foreign Exchange Bank: UBS
Best FX Bank for Corporates: Investec
Best FX Bank for Emerging Markets Currencies: Itaú Unibanco
Best Liquidity Bank: BBVA
Best FX Market Maker: J.P. Morgan
Best ESG-linked Derivatives: Nordea
Best FX Commodity Trading Bank: BTG Pactual
Regional Winners
Africa: Standard Bank
Asia-Pacific: Hana Bank
Central & Eastern Europe: OTP Bank
Latin America: Itaú Unibanco
Middle East: Qatar National Bank
North America: J.P. Morgan
Western Europe: BBVA
These award-winning banks stand out for their excellence in the foreign exchange market, offering innovative solutions, robust technology, and expert services to meet the diverse needs of clients worldwide.
Source : gfmag.com