Ant International, Barclays Partner on Global Treasury Management with AI-Powered FX Model

The company introduced a new FX solution that aims to lower costs and improve risk forecasting for businesses navigating currency volatility.

At the core of the collaboration is Ant’s proprietary Time-Series Transformer (TST) AI FX Model, which is said to forecast cashflow and foreign exchange exposure with over 90% accuracy. 

The model, trained using time-series forecasting algorithms and fine-tuned through supervised learning, helps businesses reduce unnecessary hedging and risk premiums, according to Ant.

Barclays has reportedly integrated the TST Model into its FX hedging platform, BARX NetFX, which serves e-commerce and payment firms. 

Ant explained that the enhanced platform now delivers more precise FX hedging, helping lower costs and improve forecasting accuracy. 

These cost efficiencies are said to be reflected in more competitive FX quotes for Ant’s clients.

“This collaboration reflects the strong relationship and mutual trust between our teams,” said Ben Parkinson, Head of Global Fintech & FX Automation Sales at Barclays. “By combining Ant International’s advanced AI forecasting capabilities with our market-leading FX expertise, we’ve been able to reduce uncertainty and cost.”

Kelvin Li, General Manager of Platform Tech at Ant International, called the partnership a milestone in optimising FX strategy. “The results… demonstrate how technology can enhance the way businesses manage global liquidity,” he said.

With cross-border transactions expected to surpass US$290 trillion by 2030, both companies plan to expand coverage to additional currencies and business needs.