Manage Foreign Exchange Risk

Forward contracts, secure data storage, and internal controls, are just some of the ways we can help you with mitigating foreign exchange and payment risk more effectively.

Turn Risk Into Opportunity

Drive your business forward with advanced risk management tools and expertise at your fingertips.

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Hedge Against Rate Changes

Reduce exposure to exchange rate fluctuations by optimizing the timing and structure of your international transactions.

Strengthen Data Security

Protect payment data with advanced encryption and secure storage, removing the need to retain banking details internally.

Leverage Specialist Support

Navigate the fluctuating foreign exchange market confidently, with guidance from experienced payment specialists.

Forward Contracts

Lock in today’s exchange rates for future use. Safeguard your business from potential adverse foreign exchange fluctuations with forward contracts that can be secured for up to a year.

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Secure Data Storage

Keep all your payee data and payment details secure with Ascendant. Ensure full compliance with international law by storing sensitive data off-site using our encrypted servers, so you don’t have to store it yourself.

Foreign Exchange Specialists

Receive expert assistance tailored to your business needs. Our dedicated FX specialists can help you navigate the foreign exchange market and make informed, strategic decisions that impact your bottom line.

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What People Are Saying About Us

"Our previous bank was too big to care or think outside the box. Now, Ascendant’s team works with us to find solutions that work, such as using APIs to instantly book and buy rates.”

CEO

AUTOMOTIVE EXPORTER

“We trust Ascendant because we can always reach someone who knows our business. Their team goes above and beyond, offering practical guidance not just on FX, but on payments and banking overall.”

TREASURY MANAGER

FITNESS EQUIPMENT SUPPLIER

“Ascendant gives us faster, more transparent FX with significantly lower costs than traditional providers. Their team feels like a true partner, and that consistency and commitment really stand out.”

HEAD OF PAYABLES

GLOBAL FINTECH COMPANY

“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

“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

“We trust Ascendant because they’re always available and easy to work with. The platform is intuitive, and reporting and vendor management are simple to maintain.”

DIRECTOR OF FINANCE & ACCOUNTING

LUXURY CRUISE LINE

FAQs

Managing foreign exchange risk should be simple. If you can’t find the answer you’re looking for contact us

Do you comply with SOC 2 standards?

Yes. We’re fully compliant with SOC 2 standards in order to meet the highest levels of security and data protection.

Is it possible to use layered hedging strategies to match our cash flows and purchase cycles?

Yes. You can implement layered hedging strategies to align with your specific cash flow needs and purchasing cycles.

What are forward contracts and how do they work?

A forward contract is an agreement to lock in a specific exchange rate for a future transaction. This protects your business from unfavorable currency fluctuations by guaranteeing the rate, even if the market moves.

How do I create a hedging strategy?

Ascendant’s FX specialists work with you to develop a hedging strategy based on your payment schedule, risk tolerance, and financial goals. We help you identify exposures and recommend the right mix of tools to mitigate risk.

What additional resources can a business utilize for foreign exchange risk management?

There are government resources available for businesses looking to manage FX risk. Please see the following links: United States

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