How does it work?
Using the system, the contracts that expose you to foreign currency risk, as well as your hedges to mitigate that risk, can be captured and analysed. The exposure data can be imported at the press of a button. Automation services and ERP integration are available, to give you a simple and convenient user experience.
The system automatically creates electronic versions from the PDF Bank Confirmations, e-mailed to you for speedy trade capture. Risk Managers can add additional data against the trades, whilst the system automatically calculates your effective rates and net trade cashflows. The automated validation of bank confirmations eliminates operational risk.
The system’s post trade activities focus on management of Hedges, Settlements and Performance tracking.
a. Settlement and Performance tracking
Performance is automatically tracked against benchmarks, at invoice and linked trade level, giving you a consolidated portfolio view.
b. Hedge management
The Hedge Workstation tracks available balances over time, and alerts your Risk manager(s) if any actions are due.
FXFlow is unique in its ability to track and link all relevant activity related to the management and usage of foreign exchange contracts.