FX exposure management solution/hedging needs combinations of systems and services
by Kylene Casanova
There is no single ultimate solution to what combination of FX exposure management/hedging systems and services combination. Although some are more effective than others, e.g. FiREapps FX Pro+™ and HedgeTrackers’s Reconcile To Zero CapellaFX. Other combinations often include AtlasFX
Atlas Risk Advisory
AtlasFX Risk Advisory’s Atlas FX Risk Management is a well known FX risk management system that uses a multi-dimension spreadsheet approach to manage FX risk:Source & Copyright©2014 - Atlas Risk Advisory
The core of the system was developed by the three founders of AtlasFX who used to managed foreign exchange at Hewlett Packard. AtlasFX Risk Management is used in combination with different systems, e.g.
- with Reval to provide end-to-end FX exposure management and integrated workflow
- a major US multi-national corporation uses AtlasFX as the link between Oracle, FXall and HedgeTracker’s Capella. The data from Oracle ERP databases, the Bloomberg rates and the finance controller’s cash flow forecasts go into AtlasFX, which gives the hedge recommendations that go into FXall for execution and Capella for hedge accounting and trade data.
CTMfile take: No system or service provides the complete solution. It requires a combinations of systems to extract the data from the ERP databases, provide the market data forecasts, and the integrated FX hedging.
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