TMS INTERACTION

FiREapps Enhances TMS FX Risk Capabilities

ATTEND OUR COMPLIMENTARY ONE-HOUR WEBINAR
TMS WEBINAR SERIES
Leveraging Currency Analytics with Your TMS
Tuesday, August 22, 2017 | 8:30 AM PDT
FiREapps, a leading SaaS-based currency analytics company with solutions for balance sheet, cash flow and income statement, works as a complimentary tool to your TMS to ensure treasury has all the information they need to run a more accurate and efficient FX risk management program.

The value of a treasury management system (TMS) for risk management and hedge accounting is undeniable, but for most TMS’, exposure data collection, aggregation, analysis, and reporting for FX is limited.

HOW A CURRENCY ANALYTICS SOLUTIONS COMPLIMENTS YOUR TMS

In order to better address currency risk, treasury teams are looking to extend the capabilities of their FX management program with a side by side FiREapps and TMS best-in-class currency analytics solution.

ACCESS TO ACCURATE,
COMPLETE AND TIMELY DATA

  • On-demand transaction currency balance collection from multiple ERPs, spreadsheets and other systems
  • Distributed access for data upload, entry and verification of transaction currency balances
  • Facilitates exposure aggregation, consolidation and netting at a currency pair level
  • SAP and Oracle certified extract toolkits securely automate real-time data collection

ENHANCED FX EXPOSURE
ANALYTICS

  • Generate exposure calculation and analysis by currency pair at a company, entity, account and account group level
  • Exposure analysis facilitated by currency pair netted at a company, entity, account and account group level
  • User defined reporting customization
  • Data integrity analysis with exposure definition logic

IN-DEPTH FX REPORTING

  • Detailed transaction currency reports for user defined periods
  • Extensive exposure trend reporting
  • In-depth intercompany, rate change impact and constant currency analyses
  • Exposure view at a consolidated level, by entity or any other organizational dimension required

INCREASED TRANSPARENCY INTO YOUR DATA PROCESSES

  • Detailed underlying data to show how the exposure number was formulated
  • System generated recommendations to eliminate exposure organically
  • Full auditability to changes in exposure for each step of the workflow
  • End-to-end workflow automation with option of straight through processing to the TMS

As the market leader in niche currency management technology, FiREapps is designed to help organizations better explain the source of currency exposure as well as mitigate FX risk.

For more information on how FiREapps can interact with and enhance your TMS’ FX risk capabilities contact us.