Get started with navigating the world of foreign exchange management
In today’s fast-paced global economy, effective foreign exchange (forex) management is a critical component of business success. According to the Bank of England (2023), the UK’s average daily forex turnover stands at a staggering $3,117 billion, highlighting the essential role of forex transactions for businesses, particularly importers and exporters. However, with this level of activity comes significant exposure to currency fluctuations, regulatory complexities, and operational challenges.
For businesses engaging in international trade, understanding and managing forex risk is not just a necessity—it’s a strategic advantage. This session, led by Sharon Constançon, CEO of Valufin, will break down the foundational elements of forex management and provide practical insights into navigating currency risks to enhance financial outcomes.
Join us to explore actionable strategies that will empower your business to confidently manage forex transactions, mitigate risks, and optimise global financial performance.
What You Will Gain:
By attending this session, you’ll gain practical insights into the fundamentals of foreign exchange (forex) management, including how to identify risks, develop tailored strategies, and confidently manage forex transactions. Learn actionable techniques to protect your business from currency fluctuations, ensure compliance with regulations, and optimise your financial performance in the global market. Whether you’re new to forex or looking to refine your approach, this session will provide the tools you need to navigate the complexities of international trade with confidence.
Key Topics to be Covered:
- Understanding Forex Risks: Explore the key risks associated with foreign exchange, including currency fluctuations and transactional exposure.
- The Seven Stages of Forex Management: Learn the step-by-step process to establish a robust forex management framework.
- Identifying Exposure: Analyse how to pinpoint potential risks in transactions and financial statements.
- Developing Tailored Strategies: Discover how to craft effective forex risk management strategies aligned with your business objectives.
- Implementation and Monitoring: Gain insights into executing forex strategies and making real-time adjustments as market conditions change.
- Practical Tips for Compliance: Understand the complexities of navigating regulatory frameworks across jurisdictions.
- Maximising Profitability: Learn how proactive forex management can enhance your bottom line and support sustainable business growth.
Host
Sharon Constançon is a trailblazer in the world of forex treasury management, bringing over 40 years of expertise to businesses navigating complex global markets. As South Africa’s first female Chief Forex Dealer, Sharon led innovative solutions and laid the foundation for what has become a vibrant Forex services market in the region. In 2009, she founded Valufin, a global leader in tailored treasury services, empowering companies to manage forex risks confidently and optimise their financial outcomes.
Throughout her career, Sharon has worked with over 200 international companies, helping them address the pitfalls in forex processes, implement effective accounting systems, manage transaction risks, and develop insightful management information. Her strategic approach ensures businesses are equipped to handle currency volatility and achieve financial stability.
A forward-thinker with a deep understanding of technology, Sharon has developed two SaaS platforms: FRM, the cornerstone of Valufin’s treasury services, and Hawk, which delivers advanced intelligent assessments. These innovations exemplify her commitment to driving efficiency and effectiveness in forex treasury management.
Sharon’s career began in the mining sector with a company now part of the Anglo-American Group before transitioning to forex management roles at Blue Circle and Société Générale in Johannesburg. In 1988, she founded Constançon Currencies, a pioneering forex services firm, before shifting her focus to governance and launching businesses in both South Africa and the UK.
In addition to her work in forex, Sharon is a respected voice in governance and boardroom dynamics. She lectures, conducts training, and speaks at global conferences, sharing her expertise on effective board practices and strategic risk management. Sharon’s ability to bridge the worlds of forex and governance makes her a sought-after leader, mentor, and educator in her field.
Discover how Valufin’s expertise can support your business
Contact your forex treasury advisor today.