UniCredit has been recognised by Euromoney as its Best FX Bank for Service and Support for our leading e-solutions, such as UC Hedge.
UC Hedge is our proprietary digital platform to support corporate clients' end-to-end management of foreign exchange risk. This recognition speaks to the strength of our innovative client-centric FX solutions, tailored to our vast base of smaller and mid-sized corporate clients.
Anatoly Shvedov, Head of FICC, commented "This award recognises the commitment of the project team, as well as our ability to deliver tailored solutions across geographies to meet our clients' needs. Being named the Best FX Bank in Service and Support highlights how our e-solutions like UC Hedge support corporate clients successfully across the full spectrum of FX risk management needs. Our aim is to provide best-in-class service, a cutting-edge interface, and cover a plethora of FX related tasks that would typically require manual work by our clients - demonstrating how we are able to refine our services and solutions through automation and digitalisation."
UC Hedge improves corporates' decision-making processes and helps them to better allocate their corporate resources. The provision of an intuitive and transparent view of FX risk, in addition to the ability to analyse and execute hedging strategies directly with the bank, saves our clients valuable time and improves the overall FX risk management, allowing clients to focus on their core businesses.
This year for the first time, the renowned Euromoney Foreign Exchange Survey was revamped as a submission-based awards program where institutions that service the Foreign Exchange market were invited to pitch against a range of global and regional categories.