Case Study: Fareva achieves full FX automation and scalability with Kantox

How Fareva Achieved Full FX Automation and Scalability With Kantox

Fareva, a pharmaceutical contract manufacturing company with operations across 12 countries, faced rapidly growing FX exposure as it expanded through organic growth and acquisitions. With decentralised treasury processes, reliance on Excel, and phone-based trading, the company needed a more scalable way to manage local currency risk and improve visibility into USD and GBP exposures. Kantox’s Dynamic Hedging® was selected to help automate FX risk management.

Kantox implemented a phased rollout starting in the UK, then France, and Germany, with seven entities now live on the platform. The solution improved exposure visibility, made FX costs fully transparent, and streamlined reporting, while saving finance teams about half a day of work. Fareva now plans to scale further and move toward Kantox’s In-House FX solution to centralize hedge and treasury operations at corporate level.

Fareva

Thomas

VP Group Treasurer