Case Studies
Industry: High Tech / Software
A leading provider of electronic design automation software and services used to design complex integrated circuits for the global semiconductor and electronics industries was interested in increasing efficiencies and improving the overall compliance and effectiveness of its Foreign Exchange Risk Management program.
Industry: Manufacturing
A leading global provider of electronic payment solutions with operations located in the US, Brazil, China, Hungary, Mexico and the United Kingdom with reported revenues of US$ 260 million in 2002, operating income of USD 1.6 million experienced a material foreign exchange loss of USD 6.0 million and could not explain why.
Industry: Enterprise Software
A leading provider of demand chain software solutions with revenues of approximately US $400m recently executed an acquisition of an industry rival. As a result the company had the daunting challenge of integrating the people, processes, and systems of the two companies. During this transformation, the client relied on the services and technologies provided by FiREapps? to eliminate currency risk and integrate the foreign exchange programs across the newly formed entity.
Industry: Manufacturing
A leading provider of innovative merchandising systems for the retail and apparel industries with revenues in excess of US $1B had recently experienced a material impact to earnings as a result of foreign exchange volatility. In an effort to improve earnings predictability and the efficacy of its foreign exchange program, the Treasury department was tasked with finding a fast, yet cost effective solution.
