Financial Services - , ,
Volatile and uncertain currency markets create risk for companies and investment firms doing business internationally. Recent surveys have shown a majority of corporations experience a material impact from FX, and even the largest firms are not immune (in 2013, Wal-Mart, Samsung and GM all had material losses due to foreign exchange.)It is not surprising why. It can be difficult to calculate accurate FX exposures from corporate accounting and ERP systems. Poor FX policies and strategies lead to volatile and difficult-to-explain hedging results, and pricing of FX derivatives is opaque. For companies without the requisite expertise, the job can be overwhelming.Currency Risk Management is here to help small to mid-sized enterprises with FX Risk management. CRM's methodology and software tools provide a comprehensive hedging solution suitable for companies using either Excel or an ERP system to manage their company finances. CRM operates its software for the client, rather than offering software to the client, sparing IT and finance personnel the need to implement and learn new and complex tools. Importantly, our system also helps you comply with FASB or IFRS exposure and remeasurement reporting requirements.Outsourcing FX risk management is a wise and effective choice for small to mid-sized enterprises. Explore this website to learn FX hedging best practices. Call or email us today to find out how Currency Risk Management can create an ongoing program for your company, with minimal cost and impact on your personnel.
Apache
Google Font API
Blue Host
Mobile Friendly