London, 21 May 2015 – A number of nonbank FX players are entering the business-to-business foreign exchange space to serve small to midsize enterprises with evolved business models, but banks are still the major providers of B2B FX services. Is this element an insurmountable roadblock, or can nonbank players employ certain approaches to increase their chances of success?
This report explores the current state of FX services available to European corporate treasurers, focusing specifically on FX transactions related to commercial trade payments. It is based on 2014 telephone and online interviews across banks, private brokers, and corporate associations in France, Germany, Italy, the Netherlands, Spain, Sweden, and the United Kingdom.
This 25-page Impact Report contains nine figures and one table. Clients of Aite Group’s Wholesale Banking & Payments or Institutional Securities & Investments services can download this report.