Toronto, Canada, June 8, 2015 – MTFX Group of Companies, a leader in corporate foreign exchange and global payments, is pleased to announce the expansion of their operations into the United States under MTFX USA, with national headquarters located in Jersey City, New Jersey.
Arif Harji, Director and Chief Market Strategist, has been appointed to the role of Managing Director of MTFX USA. Harji, a seasoned foreign exchange and payments executive, will oversee all aspects of operations, critical customer relationships and sales functions.
Establishing a U.S. headquarters in New Jersey is a critical step for the MTFX Group in broadening its footprint throughout the North American market. Ultimately, this move affords MTFX access to the largest economy in the world, while providing U.S. domestic clients with the convenience of a national office that offers the expertise and resources of a leader in the corporate foreign exchange and global payments space.
"I'm excited to lead the organization and be at the forefront in expanding our footprint across the United States. Our commitment to developing trusted and long-lasting relationships with customers across the United States will remain the key to our success as we move into the U.S. market," says Harji.
"There has been a marked shift in the foreign exchange and global payments space over the last 24 months with large corporations and SMEs alike requiring next-generation tools and solutions to facilitate global payments and manage currency exposure,” continues Harji. “MTFX is well positioned as a low-cost industry leader to provide an impressive suite of tools and solutions that allow integration, automation and straight through processing of global payments, supported by nearly two decades of extensive knowledge of the foreign exchange markets. I am keen to work with our existing clients and build new relationships to offer our complete range of global payments and FX solutions to meet the growing demands of the U.S. market. MTFX USA is expected to be fully operational in Q4 2015.""The launch of our U.S. headquarters marks a significant milestone for the MTFX Group. As we celebrate our 20th anniversary at MTFX next year, we continue to forge ahead with delivering industry-leading FX and global payment solutions to our clients. I'm proud to extend our products and services to the U.S. market," concludes Hanif Harji, Chief Executive Officer of MTFX Group of Companies.
About MTFX Group of Companies
Since its inception in 1996, MTFX Group of Companies has grown to become a leading provider of global payments and currency risk management solutions. With more than 6,000 clients in Canada, MTFX is a market leader in providing hedging and risk management products driven by next-generation technology and platforms. MTFX has combined their cutting-edge technology, expertise and infrastructure to meet the needs of various industry segments globally. Their “high-tech” and “high-touch” approach provides unmatched solutions for foreign exchange and global payments in just about every business category.
For more information, visit www.mtfxgroup.com