Using Hedgebook to make smart fx hedging decisions
Has anyone told you lately that they know where the currency is going? Lots of people think they know if it is going up or down but the reality is that no one knows where…
Feature client: Palmerston North City Council
Palmerston North City Council (PNCC) is fairly typical of a NZ local authority in that Council is a sophisticated borrower with autonomy around the management of its interest rate risk exposure. Councils can access funding…
Hedge accounting has never been easier
It seems like a lifetime ago since hedge accounting was first introduced, nearly ten years ago now. My how auditors loved it. How complicated could they make it? Very, ,was the answer. How about insisting…
Publicly listed EBOS Group subscribes to HedgebookPro
We are pleased to announce that EBOS Group Limited has recently taken HedgebookPro. EBOS Group is a publicly listed company on the New Zealand Stock Exchange and has over 2,200 staff headquartered in New Zealand…
Credit spreads back to pre GFC levels
We have discussed CVA at length in our newsletter and blog as it is arguably the most significant change to the accounting standards, from a financial instruments valuation perspective, since hedge accounting was introduced. The…
Lies, damned lies and valuations
With the passing of 30 June we have entered another busy period for year-end valuations. One of the most common questions we are asked at these important balance dates is “why is there a difference…
“Predicting rain doesn’t count; building Arks does.”
The ethos of Hedgebook’s Australian reseller, Noah’s Rule, is highly appropriate for a corporate risk management firm. Noah’s Rule (the company) is a passionate advocate of corporate risk management through active risk awareness. Noah’s Rule…
Rakon Ltd takes HedgebookPro and Infoscan data
We are pleased to announce that Rakon Ltd has chosen HedgebookPro and Hedgebook’s market data service, Infoscan, to assist in managing their financial market exposures. Rakon is a publicly listed technology company based in New…
CVA is here to stay
Nine months ago we at Hedgebook engaged audit firms, banks and corporates to discuss Credit Value Adjustment (CVA) and Debit Value Adjustment (DVA) as the introduction of IFRS 13 loomed. The overwhelming response was one…
CVA module: simple and inexpensive
We have been busy developing a Credit Value Adjustment (CVA) module over the last couple of months which will be released prior to 30 June 2014. The timing allows users with 30 June balance dates…
FX management and a good night’s sleep
How hard is it really to manage your foreign exchange positions? Often we over think it and probably over-complicate things at the same time. Sure if you are a large corporate with many and varied…
IFRS 7 – Disclosure Requirements of Financial Instruments
A key pillar of Hedgebook’s ethos is to make life easier for corporates in managing and reporting their financial derivative exposures. This approach extends to aiding Treasurers and CFOs comply with the ever increasing compliance…