treasuryXL and GPS Capital Markets announce partnership to empower treasurers and CFOs with actionable strategies to mitigate FX risk
By treasuryXL
VENLO, The Netherlands, July 4, 2024 – treasuryXL, a leading community platform for professionals in the treasury industry, and GPS Capital Markets, a leading fintech firm offering corporate foreign exchange services, have entered into a premium partnership.
“Our partnership with GPS Capital Markets represents a strategic step towards empowering treasurers and CFOs with the tools and knowledge they need for success.” said Kendra Keydeniers, Director Community & Partners at treasuryXL.
Key Components of the Partnership:
- Collaborative Messaging and Content Creation: Joint efforts in producing and disseminating valuable content.
- Shared Distribution of Relevant Materials: Ensuring that essential information reaches the right audience.
- Cooperation on Larger Themes: Including event promotion, speaking engagements, and contributions from industry experts.
By joining forces, treasuryXL and GPS Capital Markets aim to deliver essential insights and information on streamlining international payments and mitigating foreign exchange risk.
“I’m excited about our partnership with treasuryXL. Both businesses’ synergies will allow us to help guide and advise treasury professionals of the ongoing currency risks. We thrive in helping treasury professionals and companies mitigate these risks and understand the challenges they face. Together with treasuryXL, we will implement effective strategies to manage currency exposures. Knowing that markets have been particularly range-bound the last six months (except for big swings in JPY) we haven’t seen major currency swings take place like last year. However, I expect this to change imminently. With the FED’s position under pressure, far-right parties showing strength in France and the big questions surrounding the US elections. Volatility is likely to creep back into the market and this is when we can truly advise the treasuryXL network,” said Alex Youngman, Vice President of Sales and Trading, Europe for GPS Capital Markets.
This alliance ensures that treasurers and CFOs have access to the latest news, best practices, and industry events, empowering them to make informed decisions and maintain a competitive edge in the dynamic treasury ecosystem.
About treasuryXL
treasuryXL is a place to make connections. Since 2016, they have served the worldwide treasury community as a daily learning hub, a unique source of news from industry insiders, and a space to engage with top experts in the field. For anyone with a treasury question, treasuryXL seeks to connect you with answers from the best practitioners in the industry.
In close cooperation with partners and experts, treasuryXL offers knowledge, shares practical news and commentary, publicizes job opportunities, and creates online events. They do this via their website, a weekly newsletter, and their large community of treasury professionals on LinkedIn. Their comprehensive coverage of the industry attracts an audience from large corporates as well as medium-sized companies, along with consultancies, universities, and other treasury-related organizations.
treasuryXL’s strength is its community. Community members are quick to inform each other of highly relevant industry developments. Via social media and in online events, they also share knowledge and experience that is essential to the everyday work of treasury. For these reasons, treasuryXL has become an indispensable resource for treasury professionals around the world.
About GPS Capital Markets
Headquartered in Salt Lake City, Utah, GPS Capital Markets provides corporate foreign exchange services that help companies manage their foreign currency risk and execute foreign currency transactions. Founded in 2002, GPS brings together a senior management team rich in international banking experience from the world’s leading financial institutions. GPS has several offices throughout the United States, as well as in Australia, Canada, the European Union, and the United Kingdom. It combines competitive exchange rates with a host of tailored international financial solutions for its clients. For more information, visit www.gpsfx.com.