FiREapps PRODUCT: Currency Analytics Pro™
ERP ENVIRONMENT: SAP
ADC’s Team began an analysis of the company’s exposure management processes. Their efforts revealed additional FX risks presented by currency pairs that were not previously being actively managed, resulting in a successful doubling of the company’s hedge coverage. However, they also uncovered some key challenges inherent to the systems and processes in place that would limit the company’s ability to manage risk, particularly under volatile market conditions. Challenges discovered with the existing processes included: too much time and effort to derive and quantify exposures; low confidence in the data being extracted from SAP; too much emphasis on manual calculations and analysis; and a lack of visibility to the Currency data.
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