Mizuho Bank Launches Foreign Exchange Risk Management Service "Tradom for Mizuho" for Corporations

Tradom Inc. (Head Office: Chiyoda-ku, Tokyo, President & CEO: Shinichiro Urashima, Director: Shinichi Sakane, hereinafter referred to as "our company") is pleased to announce that it has further advanced its collaboration with Mizuho Bank, Ltd. (President: Katsuhiko Kato, hereinafter referred to as "Mizuho Bank") and has begun offering a new service "Tradom for Mizuho" to Mizuho Bank's customers on a special plan, to support the advancement of corporate foreign exchange risk management.

"Tradom for Mizuho" is a service provided to Mizuho Bank's corporate customers (※) utilizing some of the functions of our "Tradom FX Solution." By combining Mizuho Bank's extensive financial solutions with our market analysis technology and data utilization expertise, we support the advancement of corporate foreign exchange risk management.

Through this service, we will provide an environment where companies can perform appropriate risk management based on foreign exchange market trends, supporting the stable business operations of Japanese companies.

※ To use "Tradom for Mizuho," a contract with Mizuho e-Business Site is required.

Background: Increasing Uncertainty in the Foreign Exchange Market

In recent years, the outlook for the foreign exchange market has become increasingly uncertain due to factors such as "changes in interest rate policies of various countries" and "the impact of international affairs."

Fluctuations in exchange rates directly affect corporate profits, making foreign exchange risk management increasingly important, especially for companies dealing in foreign currencies.

On the other hand, especially for small and medium-sized enterprises (SMEs), it is often difficult to establish in-house personnel and systems for specialized analysis of the foreign exchange market, making foreign exchange risk management a challenge.

In this context, financial institutions are increasingly expected to play a role in supporting the foreign exchange risk management of their corporate customers, beyond merely providing traditional foreign currency transaction services.

Support by "Tradom for Mizuho"

Against this backdrop, Mizuho Bank and our company have collaborated to launch the new service "Tradom for Mizuho" to support the advancement of corporate foreign exchange risk management.

This service provides an "Foreign Currency Transaction Management Function" that allows for efficient input and management of foreign currency payment and receipt information, which can often be cumbersome, and visualizes the status of foreign exchange hedging against it. This enables companies to grasp their foreign currency transactions and hedging status in an integrated manner.

Furthermore, it provides an environment for companies to consider their responses to foreign exchange risks, utilizing information such as foreign exchange market analysis based on AI predictions developed in-house.

Mizuho Bank will further support corporate customers' foreign exchange risk management and contribute to the stable business operations of companies.

■ Mizuho Bank Comment

Fumiko Nakasu, General Manager, Foreign Exchange Business Department, Mizuho Bank, Ltd.

"We are very pleased to be able to launch 'Tradom for Mizuho' through our collaboration with Tradom Inc.

In recent years, the impact of foreign exchange market fluctuations on corporate activities has been increasing, and there is a growing need for more advanced and efficient foreign exchange risk management, especially from our mid-to-small-sized enterprise customers.

We believe that this service, by fusing Mizuho Bank's accumulated financial solutions with Tradom's advanced market analysis technology, will be able to support the diverse challenges of our corporate customers and realize more effective foreign exchange risk management.

Mizuho Bank will continue to strive to provide optimal solutions as a partner supporting the stable business operations and sustainable growth of our customers."

■ Tradom Comment

Shinichiro Urashima, President & Representative Director / Shinichi Sakane, Representative Director, Tradom Inc.

"We are very pleased to be able to offer 'Tradom for Mizuho' through our collaboration with Mizuho Bank. Through this service, we will contribute to creating an environment where more companies can appropriately respond to the uncertainty of the foreign exchange market."

Future Outlook

The "Tradom for Mizuho" service, launched this time, is positioned as the first initiative in our collaboration with Mizuho Bank. Going forward, we plan to expand service plans and provided functions according to customer needs.

Through our continued collaboration with Mizuho Bank, we will support companies in making appropriate decisions even in a highly uncertain foreign exchange market environment, and contribute to the sustainable growth of Japanese companies.

About TRADOM Inc.

We are a fintech company that develops and provides "Tradom FX Solution," a system to appropriately control foreign exchange risk, which is a major challenge in global business. Through the provision of "FX Tech," which combines financial products based on traditional financial engineering with technologies based on data science and financial system development, including advanced mathematical models and AI, we are expanding our business to contribute to the growth of companies challenging globally and the development of the fintech industry.

Company Name: TRADOM Inc.

Head Office: Otemachi Building 4F, FINOLAB, 1-6-1 Otemachi, Chiyoda-ku, Tokyo 100-0004

Capital and Capital Surplus: ¥533,694,766

Established: January 2015

Representatives: Shinichiro Urashima, President & Representative Director; Shinichi Sakane, Representative Director

Business Activities: Development and operation of AI foreign exchange risk management system "Tradom FX Solution," development and operation of foreign exchange information provision solution "Tradom for BANKS," operation of foreign exchange information community "Tradom Academy"

Homepage: https://tradom.jp/

Registration Number: Financial Instruments Business Operator, Kanto Local Finance Bureau (Kinsho) No. 3329

Memberships: Certified Member of the Investment Trusts Association of Japan

ISMS Certification: Certified Standard ISO/IEC 27001:2022

Accreditation: AWS Foundational Technical Review (FTR)