A world chief in on-line multi-asset buying and selling companies and foreign money information and analytics, OANDA has joined forces with Currencycloud, a number one supplier of B2B embedded cross-border options, to ship a brand new worldwide cash switch service to corporations in North America.
Known as OANDA FX Funds, the brand new resolution has been made attainable by means of a joint collaboration with Shift Join.
OANDA FX Funds allows company purchasers to make cross-border funds in 35 currencies, shortly and simply by means of a protected and dependable on-line platform. The answer helps corporations scale back the price of worldwide transactions whereas hedging their foreign money threat and defending their backside line. That includes a streamlined consumer expertise, the platform additionally gives purchasers a very customized buyer assist service.
The partnership combines OANDA’s deep-seated experience in overseas change with Currencycloud’s best-of-breed fee know-how and Shift Join’s world-class buyer assist to supply a simple-to-use, dependable worldwide cash switch resolution for companies, giant or small.
Lucian Lauerman, Head of OANDA FX Knowledge Providers, stated, “One of many world’s main FX authorities, OANDA is devoted to serving to corporations optimize money stream, handle foreign money threat and construct their backside line. As such, we’re delighted to be partnering with Shift Join and Currencycloud with a view to add OANDA FX Funds to our best-in-class vary of company foreign money options, that are trusted by audit corporations, tax authorities and multinational firms all around the world.”
“As we have now began to broaden into new territories throughout the globe, and our partnership with Currencycloud expands, we had been uniquely positioned to create new options for OANDA’s company FX purchasers who make worldwide funds,” defined Dave Kelcher, CEO at Shift Join.
Richard Arundel, North American Basic Supervisor & Co-founder of Currencycloud, commented, “It is a distinctive proposition for OANDA and its company FX purchasers. By working intently with our present companion, Shift Join, in North America, we have now been in a position to create a one-of-a-kind cross-border fee resolution for OANDA.”
OANDA FX Funds is offered to company purchasers by means of OANDA Enterprise Data and Providers Inc. The agency additionally gives a variety of FX Knowledge Providers together with the OANDA Trade Charges API, which offers entry to each day averages, spot and ahead charges, central financial institution change charges and tick-level information for 38,000+ foreign money pairs, over 200 currencies, commodities, and valuable metals, in addition to change charges sourced from 25 central banks and historic foreign money charges that date again to 1990.