Hedgebook moves Comvita off spreadsheets
A Hedgebook long-term client is NZX-listed Comvita, a Kiwi business established in 1974 and a global supplier of New Zealand’s liquid gold, Manuka Honey. Comvita also produces propolis and olive leaf products which are sold across Asia, Europe and The Americas, as well as closer to home.
Comvita’s bank recommended they consider Hedgebook, explains Lisa Blackstock, General Manager of Finance.
“As a global export business with exposure to multiple foreign currencies we were open to exploring new ways of managing our hedging. Hedgebook gets us off spreadsheets and enables us to share information more efficiently with our bank.”
Duncan Shaw, Hedgebook’s APAC Client Relationship Director, notes Comvita is one of an increasing number of companies referred to Hedgebook by their bank.
“Our SaaS treasury platform bridges the gap between trading desks and their clients. It’s great to see both the bank and their client benefiting from the shared visibility the technology provides.”
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