You need an FX policy that clearly specifies what the ultimate goal of your FX risk management is, who is in charge, what the limits and the KPIs are, and which escalation procedures are needed.
Easy integration with your ERP or TMS system as well as your trading platform ensure that all processes for FX risk are as automated as possible.
Once you have sorted out the policy, you can let our solution do the hard work for you. You simply decide if an FX hedging proposal is suitable and then accept or decline it.
Clear documentation of your FX risk processes and all action taken are automatically provided. Hedge accounting reports are available at the press of a button.
Risk management reports clearly show the current status and document your work.
Automated processes and flexible reports based on data automatically retrieved from various systems make sure that you can rest assured.
Simulations ensure that you can measure the impact of your actions on risk KPIs such as VaR before you finally decide to take them. This avoids costly mistakes!
Back-testing your FX strategy is a wise idea. We facilitate this and show you options to adapt your FX risk strategy based on the results.