TMS INTERACTION

FiREapps Enhances TMS Currency Risk Capabilities

FiREapps provides currency analytics solutions that work as a complementary tool to your TMS. Solutions for Balance Sheet, Cash Flow and Income Statement ensure treasury has all the information they need to run a more accurate and efficient FX risk management program.

FiREapps CAN ENHANCE YOUR TMS PRE-TRADE FX RISK MANAGEMENT CAPABILITIES THROUGH:

Access to Accurate, Complete and Timely Data to establish confidence in results
In-Depth FX Reporting to benchmark the success of your FX risk management program
Enhanced FX Exposure Analytics to determine the most cost effective way to manage risk
Transparency into Data and Processes to improve compliance with internal controls

QUESTIONS TO ASSESS IF YOU NEED CURRENCY ANALYTICS & YOUR TMS

Does Your TMS:

  1. Support summary level transaction currency balance collection and consolidation to a single view?
  2. Facilitate exposure aggregation, consolidation and netting at a currency pair level?
  3. Generate exposure calculation and analysis by currency pair at a company, entity, account group, account level and/or any customized reporting dimensions?
  4. Eliminate exposures organically to reduce currency risk across the entire organization?
  5. Facilitate currency and rate impact analysis, value at risk, and balance and exposure trend reporting?
  6. Enable end-to-end workflow with transaction balance currency data collection, review and approval with full audit and compliance trail?

Learn more about how FiREapps can interact with and enhance the FX risk capabilities of your TMS.

HOW A CURRENCY ANALYTICS SOLUTION COMPLEMENTS YOUR TMS

In order to better address currency risk, treasury teams look to extend the capabilities of their FX management program by implementing FiREapps as a side-by-side solution to their TMS.

COMPLEMENTARY SOLUTIONS
FOR BALANCE SHEET

 

  • Facilitates on-demand aggregation of transaction currency balance data from ERPs, spreadsheets and source systems
  • Enables data integrity aggregation, analysis and cleansing
  • Conduct exposure analysis by currency pair with exposure netting at company, entity, account group and account level
  • Delivers insight into organic exposure elimination opportunities

COMPLEMENTARY SOLUTIONS
FOR CASH FLOW

 

  • Facilitates exposure data capture to get the most accurate, complete and timely transaction currency data
  • Produces a single, consolidated exposure view with drill-down capabilities to deliver a deeper level of reporting
  • Consolidates field exposure forecasts into a master forecast to assess the organization’s cash flow exposure
  • Reduces data entry errors, providing treasury professionals with variance reporting from one forecast to another