Automating FX Risk and Optimising Hedging: A Fresh Look
In Partnership with Nomentia
This video is a recording of a live event that took place on 6 September 2023.
Are you measuring your FX exposures correctly? Is the process highly manual? And is your current hedging strategy really in the best shape? These were all questions the treasury team at medical technology firm Dräger asked themselves before embarking on a transformative project with Nomentia to automate the calculations of its FX exposures and optimise its hedging.
Watch this webinar playback to discover:
- How the Dräger team now leverages an automated tech solution to calculate its FX exposures, and extrapolates from actuals rather than using a cash flow forecast
- The secret to defining an optimum hedge portfolio, keeping risk within the defined limit while minimising total cost-of-carry
- Ways to ensure smooth integration between new treasury tech and ERPs like SAP
- Best practice for ensuring buy-in to such a project across the organisation – not just the implementation but learning to trust technology with CFaR calculations
Speakers
- Frank Freitag, Senior Controller, Dräger
- Alexander Fleischmann, Market Development Executive, Nomentia
Moderator
- Eleanor Hill, Editor, TMI
Further Reading
FX and International Payments
There are proactive steps that treasurers could take today to get a better handle on their currency exposures.
Optionality and Automation
Paco De Haro and Gibran Maqsood (Barclays) consider fresh approaches to hedging, as well as where state-of-the-art automation technologies can add value.
Reducing Friction in International Payments
Three experts from Barclays share their insights into creating a frictionless payments landscape.
Turning Cross-Border Payments from a Burden to a Benefit
Livia Benisty (Banking Circle) explores the current offering and limitations of cross-border payments, and what steps PSPs and banks can take to deliver them as an added value service.
The Currency of Respect
The acquisition by BNP Paribas of currency management automation software provider Kantox is a progressive move for both parties.
Special FX: Taming Foreign Currency Risks Through Automation and Innovation
Two experts from NatWest share the inside track on how treasurers can better manage FX risks by shaking up legacy processes and old-fashioned thinking.
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