Assure Hedge, a Dublin-based provider of foreign exchange technology to protect businesses from currency fluctuations, has received full authorisation from the UK financial regulator to offer its services to hedge funds. Forex exposureAssure Hedge has developed a platform that makes it easier for companies to eliminate uncertainty around their forex exposure. Mr McCarthy, established Assure Hedge in March 2016, having spent the previous 15 years working as a financial markets trader. Assure Hedge said the company was looking at moving beyond just providing forex hedging to also cover interest rate and possibly diesel price hedging. Assure Hedge, which came out top at Tenemos’s Innovation Jam in Amsterdam, was one of 12 regional finalists selected to present a live demo of their product at the Dublin event.

Source: The Irish Times May 24, 2018 03:56 UTC