FX Risk Management Maturity Model Foreign exchange (FX) risk management involves identifying, analyzing, and prioritizing various foreign currency exposures, and developing and implementing a coordinated and systematic plan that utilizes company resources efficiently and effectively to mitigate FX risk. The degree to which companies implement adequate foreign exchange risk management practices can vary substantially, from not managing the risk at all to engaging in robust hedging activities, and as a result, the impact on the bottom line can vary widely across organizations. This FX Risk Management Maturity Model outlines the 5 stages of a comprehensive currency risk management program. The process involves performing a FX risk assessment, developing a FX risk management policy, and implementing progressive FX hedging strategies. 5 Stage FX Risk Management Maturity Model FX Risk Assessment: Exposure Identification & Measurement FX Risk Management Policy: Hedging Guidelines & Procedures Balance Sheet Hedging: Booked Receivables & Payables Cash Flow Hedging: Forecasted Revenues & Expenses Net Investment Hedging: Subsidiary Earnings & Equity The design and implementation of a FX risk management program must take into account the specific goals and objectives of the firm, the organizational structure and operations, the line of products and/or services, and any other variable that may be material and of relevance. For firms that are new to foreign exchange risk management, emphasis should be placed on progress over perfection. Initial risk management plans are never perfect, and should be viewed as a process that is responsive to change and capable of continuous enhancement. To learn more about FX risk assessments, policies, and hedging strategies, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training February 25, 2020By FX Initiative General accounting, assessment, balancesheet, best, cashflow, corporate, CPE, currency, economics, education, events, examples, exchange, expense, finance, foreign, forex, fxcpe, fxinitiative, hedging, learning, management, maturity, model, netinvestment, payable, policy, practices, receivable, revenue, risk, stages, subsidiary, training, treasury 0 0 Comment
February 2020 Newsletter Explore our February newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter February 4, 2020By FX Initiative General accounting, code, compliance, CPE, currency, development, economics, education, examples, finance, forex, fxcpe, FXGC, fxinitiative, global, insights, learning, management, mastery, newsletter, OEM, professional, risk, sales, training, treasury, updates, videos, whitelabel 0 0 Comment
White Label Web Applications FX Initiative's white label web applications are designed to help treasury professionals and FX sales teams with a wide variety of foreign exchange (FX) risk management challenges and opportunities. Whether you are creating a FX risk policy or analyzing economic and accounting scenarios, our risk models and strategy simulations share best practices in easily understandable formats. Examples include: FX Risk Policy FX Terms Glossary ISO Currency Codes Foreign Subsidiaries FX Revenues FX Expenses FX Receivables FX Payables FX Spot Transactions FX Forward Contracts FX Option Contracts FX Zero Cost Collars Our white label web applications are branded with the client's logo and embedded as an iframe into the client's website. An iframe is one of the most convenient HTML structures, and is an embedded window on the client’s web page that shows content hosted on FX Initiative’s servers. In 4 simple steps, our solutions can be deployed on the client's website quickly and easily with minimal technology resources. Learn More January 28, 2020By FX Initiative Examples, General, Partnerships accounting, best, calulators, corporate, CPE, economics, examples, exchange, expense, finance, foreign, forward, fxcpe, fxinitiative, learning, management, models, option, payable, practices, receivable, revenue, risk, software, tools, training, treasury 0 0 Comment
January 2020 Newsletter Explore our January newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter January 7, 2020By FX Initiative General 2020, accounting, balancesheet, CPE, currency, development, education, events, examples, feedback, finance, foreignexchange, hedging, incomestatement, insights, learning, management, newsletter, newyear, partnerships, professional, review, risk, training, treasury, updates, videos 0 0 Comment
December 2019 Newsletter Explore our December newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter December 3, 2019By FX Initiative General accounting, annual, balancesheet, compare, contrast, CPE, currency, development, disclosures, documentation, economics, education, examples, finance, foreignexchange, forex, fxcpe, fxinitiative, hedging, incomestatement, insights, learning, management, newsletter, professional, reports, risk, training, treasury, updates, videos 0 0 Comment
November 2019 Newsletter Explore our November newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter November 5, 2019By FX Initiative General accounting, balancesheet, booking, centralization, CPE, currency, development, economics, education, examples, finance, financial, foreignexchange, hedging, incomestatement, insights, learning, management, newsletter, pricing, professional, rates, risk, statements, training, treasury, updates, videos 0 0 Comment
October 2019 Newsletter Explore our October newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter October 1, 2019By FX Initiative Examples, General accounting, balancesheet, call, CPE, currency, derivatives, development, economics, education, examples, finance, forecasting, foreignexchange, forex, fundamental, fxcpe, fxinitiative, gain, hedging, incomestatement, insights, learning, loss, management, newsletter, options, policy, professional, put, risk, technical, training, treasury, updates, videos 0 0 Comment
September 2019 Newsletter Explore our September 2019 newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter September 3, 2019By FX Initiative Examples, General accounting, call, CPE, currency, demand, derivative, development, education, examples, exchange, finance, foreign, forex, gain, hedging, insights, learning, lifecycle, loss, management, newsletter, options, profeesional, put, risk, supply, trade, training, treasury, updates, videos, volatility 0 0 Comment
August 2019 Newsletter Explore our August 2019 newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter August 6, 2019By FX Initiative General accounting, August, balancesheet, cashflow, CPE, currency, development, economics, education, events, examples, exchange, finance, foreign, forex, fxcpe, fxinitiative, hedging, incomestatement, insights, learning, management, newsletter, policy, professional, risk, training, treasury, updates, videos 0 0 Comment
July 2019 Newsletter Explore our July 2019 newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter July 2, 2019By FX Initiative General accounting, cash flow, corporate, CPE, currency, development, earnings, economics, education, EPS, examples, exchange, finance, foreign, forwards, fxcpe, fxinitiative, insights, learning, management, newsletter, policy, professional, risk, training, treasury, updates, videos 0 0 Comment