Case study: Merck and e-FX
TECHNOLOGY NEWS
BIRMINGHAM, UK -- Banks used to hearing about client dissatisfaction with e-FX will be pleased to hear about US pharmaceutical firm Merck’s experiences in the industry.
The firm’s London-based European Treasury Centre (ETC) reckons it has reduced risk, saved money and become more efficient, European treasurer Ian Johnson told delegates at the Association of Corporate Treasurers’ UK conference last week.
And the bonus for banks is that the net result means Merck’s ETC has more forex to transact
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