San Francisco, CA - Feb. 17, 2016
OANDA announced today that its widely-sourced, world-class global currency rates data will now be available directly via NetSuite, the industry’s largest cloud-based provider of integrated ERP and related business management technologies.
As of the end of January, Users of the NetSuite’s platform are can now able to install the OANDA bundle through SuiteApp.com and use it in conjunction with the OANDA REST API key, which is available with subscription or 30 day free trial. Inputting the API key into the OANDA bundle will get users up and running immediately with access to OANDA’s trusted and accurate foreign exchange rates data.
Foreign exchange is not always top-of-mind for many businesses, until something unfortunate happens. In this climate of increasing global economic volatility, automating exchange rates data management is a critical improvement that can help companies monitor their FX exposure and protect their bottom line.
Until now, Netsuite customers had needed to access OANDA rates manually via OANDA’s website. The new arrangement will allow users to retrieve rate information directly from the Netsuite platform, giving them a more integrated and seamless way to access the accurate and reliable exchange rates data.
“Our aim is to provide the NetSuite community, which includes international companies of all types and sizes, with universal, streamlined access to the highest quality FX information”, said Natasha Lala, Managing Director of OANDA Solutions for Business.
“The deeper collaboration underscores our commitment to enabling IT, finance and product professionals to automate their rates and have confidence in their numbers.”
OANDA is a BFN-approved provider (Built for Netsuite), a program that provides SDN partners with principles and guidelines for developing SuiteApps in accordance with industry and NetSuite design best practices. For Netsuite customers this translates into increased confidence in the quality and security of our application, which was designed and developed uniquely for the Netsuite platform with the end-user in mind.
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