Local government proactively manages interest rate risk.
Discover why so many councils choose to use Hedgebook to do it.
Managing a wide range of financial instruments
New Zealand councils and local government organisations use a mix of funding sources -including banks and the Local Government Funding Agency (LGFA).
They also use a wide range of financial instruments, including interest rate swaps and options, to manage interest rate risk. Hedgebook is trusted to manage the risk related to all of this – and more.
Making the highly complex – highly easy
Managing a council’s financial risk requires a complex web of data analysis, compliance checks, and strategic planning.
To do this effectively you need accurate data and reliable process. Hedgebook provides a central, secure, simple-to-use solution you can trust to do this.
Accurate data
A ‘Single Source of Truth’ – from where everyone in your team can draw the same, accurate conclusions.
Control over access
Control all the data inputs and outputs with auditable tracking across your team and its activities.
Streamline compliance
With Hedgebook, compliance takes minutes not hours – with inbuilt auditable reporting.
Eliminate errors
Hedgebook’s automated way of working significantly eliminates manual errors and reduces risk.
Strategic decision making
Local Government makes big decisions – Hedgebook delivers the data confidence needed for this.
Ongoing scalability
As your team’s needs grow Hedgebook’s functionality (and support) effortlessly scales to meet them.
Create a report with the push of a button
"Hedgebook is a trusted source for audit and everything maps accurately back to our banks’ reporting. I don’t have to do any manual loading of interest rates. I don’t have to provide source checking. We didn’t have to create any special reports. Everything is built in and just works."
Hurunui District Council Financial Accountant, Bradley Phillips
Ticks all the boxes
Hedgebook reporting is designed to be LGFA and Audit New Zealand compliant – you can trust what you see.
No assistance needed
Create the valuations needed for audit without any external assistance – you have total ownership and control.
Greater control
Manage the full range, volume and complexity of your treasury management activity in one place – Hedgebook.
What are you waiting for?
“As a council – if you’re looking for a well-supported, easy to implement and use treasury management tool – it is very hard to go past Hedgebook.”
New Plymouth District Council Financial Accounting Lead, Loren Moore
You can do a lot more with Hedgebook
Hedgebook’s browser makes it incredibly easy for your team to work remotely if needed. Plus, the ongoing updates and training provided ensures you continue to build your expertise to effectively manage ratepayers’ money in a transparent and prudential manner.
Hedgebook gives you a real level of comfort that you are not only actively managing that risk – but you can prove that you are.