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Currency Risk Management Solutions

Protect Your Business from Currency Volatility

Foreign exchange markets can be unpredictable, impacting international payments, cash flow, and profitability. Ascendant helps businesses manage currency risk, reduce exposure to exchange rate fluctuations, and gain greater certainty over future costs. 

How Foreign Currency Risk Management Works

1

Assess Your Currency Exposure

 We work with you to understand your international payment flows, foreign currency obligations, and areas of potential FX risk. 
2

Build a Risk Management Strategy

Based on your business goals and risk tolerance, we recommend solutions such as spot transactions, forward contracts, or a combination of both. 
3

Execute with Ongoing Support

Implement your strategy with confidence and access ongoing guidance from our FX specialists as market conditions evolve. 

Common Currency Risk Management Challenges We Help Solve

Keep your team aligned, your data clear, and your deals moving forward. Everything you need to manage growth without second-guessing your next step.

Managing Supplier Payments

Reduce uncertainty when paying international vendors by securing exchange rates ahead of scheduled payments.

Forecasting International Expenses

Improve budgeting accuracy by minimizing the impact of currency fluctuations on future obligations.

Protecting Profit Margins

Help preserve margins on international transactions by reducing exposure to unfavorable FX movements. 
Send Payments
DEDICATED SUPPORT

Personalized service from people who know payments.

Every client works with a dedicated account manager who understands your payment operations, FX exposure, and day-to-day workflow. Instead of being passed between departments, you have one experienced point of contact who coordinates everything across onboarding, payments, treasury, and support.

  • Call or email your account manager directly, no support tickets or call centres
  • One person who knows your account and stays with you as you grow
  • Quick help when a payment needs attention or a recipient needs an update
  • Guidance on currencies, timing, and payment options when things get complicated
  • Regular check-ins to help you lower costs, solve issues, and improve how payments move through your business
COMPARE

Why companies move away
from traditional banks

Ascendant Solutions

  • Dedicated FX specialists who understand your business

  • Customized currency risk management strategies 

  • Access to forward contracts and spot transactions 

  • Guidance on when and how to hedge foreign currency exposure 

  • Competitive exchange rates with transparent pricing 

  • Ongoing market insights and proactive FX support 

  • International payments and FX management from one provider 

Other Solutions

  • Limited or self-service support 

  • One-size-fits-all FX solutions 

  • Limited options for managing currency risk 

  • Little strategic advice beyond executing trades 

  • Hidden markups and unclear FX pricing 

  • Reactive service with minimal market guidance 

  • Separate providers for payments and foreign exchange 

What People Are Saying About Us

4-1

“Ascendant gives us the infrastructure we need to offer international payments without adding complexity or compliance burden. It integrates seamlessly into our existing systems.”

EVP & COO

BANKERS BANK
4-1

“Ascendant has played a key role in helping us advance our technology. Their team is incredibly responsive and works alongside us to build solutions that fit our needs.”

DIRECTOR OF FINANCE

GLOBAL RELOCATION COMPANY
4-1

“We get quotes almost instantly, even for more complex currencies, and execution is always reliable. The platform is simple to use, and the team is incredibly responsive when we need support.”

NORTH AMERICAN TREASURER

INTERNATIONAL CONSULTING FIRM
4-1

“Ascendant replaced a slow, manual wire process with a simple, easy-to-use platform. It’s reliable, efficient, and eliminates the need for constant back-and-forth.”

MANAGER OF PAYMENT OPERATIONS

FEDERAL CREDIT UNION
4-1

“We’ve worked with Ascendant for years because they deliver on both pricing and service. They are knowledgeable, professional, and make global payments straightforward for our team.”

NORTH AMERICAN TREASURER

INTERNATIONAL CONSULTING FIRM

Take Control of Currency Risk

 Don't let currency volatility impact your profitability. 
DIGITAL DOWNLOAD

Learn More about Forward Contracts

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Download our free guide to learn the benefits of locking in exchange rates.

Understand how forward contracts work and when they can help reduce foreign exchange risk for your business.

FAQs

Sending and receiving international business payments should be simple. If you can’t find the answer you’re looking for here, contact us

 

What is currency risk management?

Currency risk management is the process of reducing the financial impact of exchange rate fluctuations on international business transactions. 

How do forward contracts help manage FX risk?

Forward contracts allow businesses to lock in an exchange rate today for a future transaction, providing greater certainty around future costs. 

Is currency risk management only for large companies?

No. Businesses of all sizes that make or receive international payments can benefit from managing foreign exchange risk. 

When should my business consider currency risk management?

 If your business regularly pays international suppliers, invoices customers in foreign currencies, or has ongoing exposure to exchange rate fluctuations, a currency risk management strategy can help reduce uncertainty and improve financial planning. 

Which currencies can Ascendant support?

Ascendant supports international payments in more than 130 currencies across 200+ countries and territories. Our FX specialists can help determine the most effective payment and risk management strategy based on your destination currencies and business needs.