Sibos TV - Looking ahead: The evolution of FX risk mitigation

In this interview, Marc Bayle de Jessé, Chief Executive Officer, explores the impact of geopolitical events and the increasing trend in emerging market currency trading on the FX market. He provides insights into recent changes in market infrastructure, such as the shift toward shorter settlement cycles, and emphasizes the need for the FX industry to remain focused on mitigating settlement risk.

He also discusses the importance of expanding payment-versus-payment adoption to further mitigate risk, highlighting the important role that initiatives like the G20 Cross border roadmap and the FX Global Code play in achieving this goal.

“We have to understand the emerging risks in settlement... and be able to adapt our services.”

Marc Bayle de Jessé
Chief Executive Officer
CLS