#Japan #Tokyo #Forex Risk Management #Yokohama Bank #TRADOM Solutions

TRADOM and Yokohama Bank Form Strategic Partnership

In a significant development in the finance and technology sector, TRADOM Inc. has entered into a business matching agreement with Yokohama Bank, a part of the Yokohama Financial Group. This collaboration aims at supporting corporate clients of Yokohama Bank in managing foreign exchange (forex) risk through advanced AI-driven solutions.

Purpose of the Partnership

As the global economy faces increasing uncertainties, the forex market has begun to experience rapid fluctuations, greatly impacting business environments. This instability poses significant challenges, especially for companies dealing with foreign currencies in trade, where adverse currency fluctuations can result in direct financial losses. Managing these risks effectively has become a critical business challenge.

Yokohama Bank is committed to contributing to regional economic revitalization by appropriately evaluating the business potential of its client firms. By providing tailored solutions that enhance corporate value, the bank aims to maximize the inherent potential of its clients. The recent partnership with TRADOM is a step in this direction, allowing businesses to visualize and manage forex risks through TRADOM's forex risk management system, TRADOM Forex Solution. This system supports stable and advantageous forex hedging transactions, ultimately enhancing the corporate value of global firms engaged in international trade.

Future Prospects

The recent contract marks the beginning of a promising partnership aimed at reinforcing the forex risk management capabilities of companies, particularly in the Tokyo metropolitan area. TRADOM plans to expand its 'connectivity' with major financial institutions, creating a systematic approach to deliver the TRADOM Forex Solution via the bank channels that clients commonly use.

About TRADOM Inc.

Founded in January 2015, TRADOM is at the forefront of resolving one of the most significant challenges in global business: effective currency risk management. The company specializes in developing and providing the TRADOM Forex Solution, a system that utilizes sophisticated mathematical models and AI technology, blended with traditional financial engineering principles. Through its contributions to the fintech sector, TRADOM aims to support the growth of global enterprises while furthering the advancement of the fintech industry.

Company Details

• - Name: TRADOM Inc.
• - Headquarters: 1-6-1 Otemachi, Chiyoda, Tokyo 100-0004, Japan
• - Capital: ¥533,694,766
• - Website: TRADOM
• - Registration Number: Financial Instrument Business Operator Kanto Local Finance Bureau Director (Kinsho) No. 3329
• - Affiliation: Japan Investment Advisors Association
• - ISMS Certification: ISO/IEC 27001:2022
• - Recognition: AWS Foundational Technical Review (FTR)

Through this strategic collaboration with Yokohama Bank, TRADOM anticipates fostering innovation and security in forex risk management, empowering companies to thrive in a volatile economic landscape.