Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
Read moreby Kylene Casanova
Recently, a large U.S. company executed a sizable portfolio of cross-currency derivatives to hedge its international exposure. As it evaluated prospective swaps trading partners, the company—let's call it XYZ Corp.—
by Kylene Casanova
An AFP CTC Corporate Treasurers Forum in New York, early in May discussed whether treasurers should lead the enterprise risk management function instead of the internal audit group.
by Kylene Casanova
Gaia Transparence, a software vendor specialized in financial markets using an open source platform, have update their EMIR timeline chart. They note that the notification of clearing obligations
by Kylene Casanova
In Chatham House's survey of more than 150 companies, 60 percent of respondents who face regulatory requirements from Dodd-Frank indicated that they are not yet prepared for compliance, with
by Kylene Casanova
Euroclear and the Depository Trust and Clearing Corporation (DTCC) have announced the launch of a joint collateral processing service, which aims to automate elements of margin call workflows for derivatives trades.
by Kylene Casanova
Gurpreet Banwait's - Director, Solutions, Product Management, FINCAD - excellent article in the AFP's Risk Newsheet recommends instead of playing the blame game when swap positions go sour,
by Kylene Casanova
Bayer AG, a global leader in health care, agriculture and high-tech materials, has gone live with SunGard's Adaptiv Analytics. The Adaptiv 360, and Adaptiv Operations will help Bayer to conduct fast
by Kylene Casanova
A template for interest rate swaps with standardised coupons and maturities has been released by the ISDA, in a move that has been widely interpreted as an attempt by the over-the-counter
by Kylene Casanova
Thomson Reuters, a leading source of intelligent information for businesses and professionals, today announced further strategic enhancements to its Accelus Disclosure Solutions PROFILE
by Kylene Casanova
Dwight Cass writing in International Treasurer poses the question, ' Will corporates make the move to exchanged-traded swaps?'. He believes that corporate exemption from interest-rate swap
by Kylene Casanova
Companies won delays in Dodd-Frank Act requirements to report derivatives trades they use to hedge business risks. The so-called end users, who trade as clients of banks, need the delay to test
by Kylene Casanova
On 15th March, the technical standards supplementing the European Markets Infrastructure Regulation (EMIR) entered into force and affect most corporate treasury departments. According to the
by Kylene Casanova
In September 2012 Citi's chief economist put the likelihood of Greece leaving the euro within 18 months at 90%. These concerns on Greece and the Euro zone have lessened, but they have not gone away.
by Kylene Casanova
AFP's annual risk survey of 327 senior finance and treasury professionalsin November 2012 found that developing a sustainable competitive advantage in an increasingly uncertain environment is the
by Kylene Casanova
Many organizations define risk as something to avoid. Playing the safest game possible has its merits, but a healthy, detailed definition of your organization's appetite for risk is critical to success in business.
by Kylene Casanova
The European Parliament, meeting in Strasbourg, France, has decided not to pursue a resolution which, if passed, would have forced yet more delays in the EU's long-awaited post-crash centralised derivatives clearing
by Kylene Casanova
John Grout at the UK's Association of Corporate Treasurers gave some important perspectives on non financial corporates using Cashflow at Risk in his piece on the ACT web-site:
by Kylene Casanova
The November 2012 article in Treasury & Risk highlighted the increasing focus on risk by boards and the expectations that corporate treasury department have a major role to play. Indeed they suggest that the most pr
by Kylene Casanova
FX volatility is often omitted from financial planning, usually because the owner of the budget 'drafts' the FX assumptions with little research or uses the banks' consensus view of the FX market.
by Kylene Casanova
John Bird, Atlas Risk Advisory LLC, in his white paper, describes how many companies hedge each exposure to a preset hedge coverage ratio according to policy. Nevertheless, in practice they will
by Kylene Casanova
The IASB's alternative solution applies a fix to the way the IFRS 9 amendments, issued last September, treated the element of currency basis in forward FX pricing, which would have left companies exposed to signific
by Kylene Casanova
The Depository Trust Clearing Corporation (DTCC) and SWIFT announced today that their global legal entity identifier (LEI) solution had progressed at a robust pace since its August, 2012 launch with more than 47,000
by Kylene Casanova
In their presentation on FX exposure management, Rob Waddell and Mark Stegman from Brown-Forman, the 'producer and marketer of fine quality beverage alcohol brands', they listed the key takeaways from their experi
by Kylene Casanova
After a successful test programme over the last few months with a select group of shared clients, FiREapps is announcing a brand new strategic partnership with HedgeTrackers, LLC. This new partnership will leverage
