World's Best FX Risk Management Solution 2025

MillTech was named the ‘World’s Best FX Risk Management Solution’ by Euromoney on 25th September at the 2025 Foreign Exchange Awards in The Savoy, in London.

This is the second year in a row MillTech has won the ‘World’s Best FX Risk Management Solution’ at the Euromoney Awards, reinforcing our position as a market leader with a best-in-class FX offering.

For over 44 years, the Euromoney Foreign Exchange Survey has stood as the most comprehensive representation of the wholesale foreign exchange market. They celebrate excellence in the global FX market and provide the opportunity to be part of the market’s most comprehensive overview of developments in the FX industry. Judged by the world’s leading analysts and providers and buy-side corporations, the awards look to recognise the best in excellence and innovation in the market.

We were recognised for our commitment and success in reducing clients’ execution and hedging costs by providing them with direct access to preferential rates and credit from up to 15 Tier one counterparty banks via a user-friendly client platform.

Key to MillTech’s win was the launch of our new risk advisory platform, Co-Pilot, in May 2025, to enhance client decision-making. Co-Pilot is a next-generation, AI-enabled risk advisory and calculation service designed to help clients efficiently manage their FX risk, optimise cash deployment and improve decision-making.

Initial Co-Pilot features include a hedging simulator, which enables MillTech clients to model and test various FX hedging strategies in a simulated environment. This means fund managers and corporates can probe their FX hedges in a risk-off environment, helping them to determine the risk profile of different strategies. 

Co-Pilot also features a carry-analysis tool, which helps clients to better monitor and understand the implications of interest rate differentials between two currencies in the context of FX hedging. 

We also simultaneously launched a new cash management solution, in collaboration with BlackRock’s CacheMatrix, to help investment managers and global corporates optimise their excess cash. Our solution automates cash investments and enhances returns through direct access to an integrated marketplace of tier-1 money market funds.

Eric Huttman, CEO of MillTech, commented: “Global economic shifts and geopolitical tensions continue to drive FX markets, creating heightened volatility and complex risks for corporates and fund managers. In this environment, proactive and adaptive strategies are crucial for protecting margins and maintaining stability. Our recognition as Best FX Risk Management Solution by Euromoney reflects our ability to deliver precisely that: robust, responsive solutions that help clients navigate uncertainty, absorb external shocks and stay ahead in unpredictable markets.”

If you’re interested in finding out more about the ’World’s Best FX Risk Management Solution’, get in touch today: https://milltech.com/contact/