Synops
Financial Services - London, England, United Kingdom
Synops Employees
Synops Details
Synops is an online risk management tool that can remove FX risk for businesses. For most businesses FX is an unwanted by-product of doing business overseas. At best it's an ongoing concern; at worst it can seriously impact a company's profitability and even viability. Most companies manage FX risk in some fashion. However, few have the knowledge, expertise or time to create and manage a strategy that is effective and measurable. Synops reduces the effects of market volatility, protecting companies from the unknown. The strategies are provided in an easy to use platform, freeing businesses to concentrate on core areas of their business. The strategies employed here are not new. Historically they've only been used by large multinational companies, such as those trading on the FTSE 100. Because of the mathematical complexity and the specialist knowledge required, companies generally have either not heard of them or consider the, too complex to implement. This has meant that, up until now, there are not many alternatives to the standard approach to hedging. The core business benefits Synops provides are: - Increased foresight, resulting in an improved ability to plan ahead - Increased revenue and sales, through more effective pricing of goods and services Reduced FX management time, through an easy to use online platform - Stabilised cash flow - Increased confidence and stability, knowing the businesses FX is safe.
