Surprisingly FX Management is Business-as-usual in UK
Last year the talk was all about Brexit. How UK companies needed to better manage foreign exchange risks due to uncertainty and subsequent volatility in the currency markets. We all know what the talk currently…
Hedgebook’s Public API
An API (Application Programming Interface) is a mechanism for one system to talk to another. APIs are used as a communication channel between systems within the same organisation and/or used externally between systems of one…
Exposure Tool worked example – Participating Forwards
The purpose of this post is to provide a worked example of how a Participating Forward is represented in Hedgebook’s Exposure Tool. A Participating Forward is a structured option which provides a known worst-case rate…
Exposure Tool launched
The reaction from our partners and corporate clients to the launch of Hedgebook’s Exposure Tool has been hugely satisfying. The Exposure Tool combines foreign currency cashflow forecasts with fx hedging derivatives to provide a clear…
Audit regulators bare their teeth
It is safe to say that the audit industry is currently under quite a bit of scrutiny. Through my conversations with a cross section of accounting practices across the UK, Europe and North America there…
The conundrum of materiality and financial instruments
As a guest speaker at a recent, global accounting network event I was very interested to hear a robust discussion focused on the subjective area of “materiality”. The unsurprising, and somewhat unsatisfactory, conclusion from the…
Hedgebook Partners with TreasuryXpress
We are excited to form a new Partnership with TreasuryXpress, a leader of on-demand digital treasury management solutions. Customers using TreasuryXpress’s platform benefit from easy-to-implement electronic payment workflows that helps automate payments and remove payment…
Migration to MS Azure (a Hedgebook case study by Microsoft)
Founded in 2011, in New Zealand, Hedgebook is a dynamic, international financial software company delivering innovative treasury management solutions to SMEs and their treasury providers – such as banks and foreign exchange brokers. Its mission…
PwC New Zealand and Hedgebook team up to co-develop the FX Strategy Tool
PwC New Zealand, a leading treasury advisory provider in New Zealand, has collaborated with treasury software developer, Hedgebook, to create the foreign exchange hedging Strategy Tool. The Strategy Tool is an add-on module to the…
Rising interest rates, positive impact on borrower’s IRS valuations
Despite a backdrop of trade wars, Brexit and other geo political uncertainties most regions have experienced an environment of increasing interest rates as the outlook is interpreted as generally positive. This has been most pronounced…
Structured options: part of a balanced FX hedge portfolio
Somewhat ironically, it is our observation that structured option products for FX hedging are heavily used by small-to-mid sized commercial firms and often overlooked by larger organisations. Many treasury policies exclude exotic options, unless approved…
Financial Reporting Council – The Enforcers
Did you know that the UK accounting watchdog, the Financial Reporting Council, nearly doubled its fines to £12.8m last year for non-compliance with FRS102 when conducting audits? A common area of non-compliance for audit firms…