#Japan #AI Solutions #Tokyo #Tradom #Currency Management

Solving Currency Risk Management Issues with AI

Tradom Inc., based in Chiyoda, Tokyo, has announced a significant advancement in currency risk management with the launch of its AI-based system, "Tradom Currency Solution." This innovative system has initiated seamless integration with 360T Asia Pacific Pte Ltd, a leading provider of currency trading platforms based in Frankfurt, Germany. The collaboration enables businesses to execute optimal currency reservations based on developed hedging strategies while enhancing data connectivity features.

Background: The Challenge of Inputting Vast Amounts of Data

For globally expanding companies, managing foreign exchange fluctuations is a strategic necessity for business continuity. Financial departments routinely plan hedging strategies based on the long-term fluctuation scenarios of exchange rates. However, the transition from strategizing to actual execution often encounters significant hurdles due to the manual entry and transcription of extensive trading information and contractual details, leading to considerable burdens on the relevant teams.

This results in several pressing issues:

• - Significant delays in executing strategies.
• - Operational risks due to data input errors.
• - Increased workload related to compliance and internal auditing.

In an ideal scenario, the processes of strategizing and execution should be seamlessly integrated in real-time and with precision. Yet, the complexity involved in manual data handling often hampers this integration, limiting the effectiveness of these strategies. Thus, a comprehensive solution that integrates the entire flow from strategy formulation to currency reservation execution and management is increasingly essential within corporate finance.

Overview of the New Functions: Automating Forex Hedging Based on AI Strategies

With the latest updates to the "Tradom Currency Solution," seamless functionality has been established in collaboration with 360T's trading platform, enabling businesses to achieve the following:

• - Immediate execution of currency reservations following AI-based long-term currency forecasting and strategy planning.
• - Automatic selection of the best prices through bulk RFQ (Request for Quote) submissions across multiple banks.
• - Automatic logging of reservation history and decision-making evidence to enhance corporate accountability and compliance.

As a result, companies can consolidate previously fragmented workflows and create a cohesive, data-driven foreign exchange risk management system.

Future Developments

Tradom is committed to further enhancing efficiency in corporate financial management by strengthening API connections with ERP (Enterprise Resource Planning) and TMS (Treasury Management Systems). Plans are also underway to develop a globally integrated risk management framework tailored for corporate groups with multiple subsidiaries and overseas bases.

There is a strong interest among existing customers in adopting this integrative approach to currency management, with several enterprises already engaging in concrete discussions for implementation. By accurately responding to market needs, Tradom aims to evolve its services and support strategic financial decision-making for businesses moving forward.

About Tradom Inc.

Tradom Inc. (formerly known as Gfit Inc.) is a fintech company focused on developing and providing solutions for managing one of the significant challenges of global business—currency risk. By blending traditional financial engineering with advanced mathematical models and AI-driven data science, Tradom contributes to the growth of companies pursuing global challenges and fosters advancements in the fintech industry.

Company Name: Tradom Inc. (TRADOM Inc.)
Headquarters: 4th Floor, Otemachi Building, 1-6-1 Otemachi, Chiyoda, Tokyo 100-0004
Capital: ¥533,694,766
Established: January 2015
Representatives: CEO Shinichiro Urashima, Representative Director Shinichi Sakane
Business Activities: Development and operation of the AI Currency Risk Management System "Tradom Currency Solution," and operation of the currency information community "Tradom Academy"
Website: tradom.jp
Registration Number: Licensed by Kanto Local Finance Bureau (No. 3329)
Association Membership: Junior Society of Investment Advisors, Japan