Currency volatility remains a critical threat to cashflow stability for businesses operating across borders. The sudden surge of the Japanese Yen in August 2024 serves as a stark reminder, costing millions in unforeseen losses for companies with exposure to the currency.

M-DAQ Global — a leading fintech group specialising in foreign exchange and cross-border payment solutions — today announced the launch of 4XPro through its subsidiary, M-DAQ Market Solutions. The solution aims to equip businesses with customisable forward contracts, empowering them to manage currency risks more effectively. This improves business performance, providing more accurate cashflow forecasting and a clearer path to sustained growth.

As businesses expand their operations internationally, they face growing exposure to currency fluctuations, from suppliers and vendors to customers. In this environment, effective FX risk management tools have become indispensable—currency volatility directly impacts cash flow, which can disrupt a company’s financial stability, particularly for those operating across multiple currencies. Yet, an upcoming report by M-DAQ Global reveals that more than 70% of businesses do not use hedging strategies to manage FX risk.

"Maintaining a stable and predictable cash flow is critical for any company, and currency volatility can introduce significant, often unpredictable costs," shares Richard Koh, Founder and Group CEO of M-DAQ Global. "4XPro provides an effective solution to this challenge. For example, a subscription-based SaaS company that bills customers monthly in foreign currencies can lock in a forward exchange rate, ensuring predictable revenue streams and simplifying financial planning and budgeting."

“Another common scenario is payments that are done in instalments; if a construction company in Asia signs a contract to pay a European supplier in EUR in instalments over the next nine months, they can lock in forward rates to secure project costs. This prevents unexpected cost overruns due to currency fluctuations.”

4XPro empowers businesses with seamless integration and the flexibility to tailor forward contract terms to their specific needs, including broken dates and standard tenors up to one year across a range of currency pairs, all backed by competitive pricing. This level of control enables businesses to manage risk according to their unique financial goals and risk tolerance.

The launch of 4XPro follows the recent obtention of a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) by M-DAQ Market Solutions, reinforcing the company's commitment to expanding its comprehensive suite of B2B FX solutions.