New insight report on current leading practices in FX management

      Structure, flexibility, and cost discipline in FX management are central themes in this report, offering valuable insights for any organization managing currency exposures. Our new insight report explores leading FX practices that can be emulated and prioritized to optimize FX management - helping businesses turn governance and monitoring into measurable financial advantage.


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      Foreign Exchange Management

      Strategy and Cost Optimization Insights


      Mikal Opheim

      Partner | CFO Advisory

      KPMG i Norge

      Background and Key Findings from the Report

      This report examines how organizations approach foreign exchange (FX) management in an environment of increasing market volatility and uncertainty. Through an anonymized survey of senior finance leaders and treasury professionals across multiple sectors, we explore practices around governance, execution flexibility, and cost discipline.

      Leading organizations consistently combine structure, flexibility, and measurement. Most have formal governance and many use multiple execution channels, but only a minority actively monitor costs. Those that do, report significantly higher pricing confidence and are more willing to optimize their setups. The difference between good and great FX management lies in mastering all three areas, turning governance and monitoring into measurable financial advantage.


      What Leading Organizations Do Differently:

      • Strategy & Governance
        • Establish a clear FX policy and dedicated team
        • Define roles, limits, and approval rights.
        • Align governance with approved channels and metrics.
      • Execution Flexibility
        • Use multiple trading channels for price comparison.
        • Standardize quote requests and track result.
        • Refresh execution setup when performance slips.
      • Cost Discipline & Responsiveness
        • Benchmark prices and act on gaps.
        • Make cost tracking a routine, not a one-off.

         

      How KPMG Can Help

      KPMG CFO Advisory supports businesses in optimizing FX management through:

      • Governance, policy & process design
      • Execution design, platform selection & integrations
      • Analysis & benchmarking

      Get in touch

      Mikal Opheim

      Partner | CFO Advisory

      KPMG i Norge

      Lene Astrup Bleie

      Director | CFO Advisory

      KPMG i Norge

      Henrik Wilhelmsen

      Senior Manager | CFO Advisory

      KPMG i Norge

      Portrettbilde av Kristian Nordvik Thyssen
      Kristian Nordvik Thyssen

      Senior Associate | CFO Advisory

      KPMG i Norge

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