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Sourcing Market Data

The provision of market data to support not only an organization’s treasury function but the wider business functions can become a time-consuming and potentially complex exercise. It is no longer just about the source of market data, questions such as integration, validation, storage, consistency and distribution within an organization need to be considered. In this article we will look at some of the considerations when deciding on how to source market data and how in-built applications can reduce risk and cost while improving automation.

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IBOR transition: fallback solutions in illiquid markets

At the end of this year, the LIBOR we currently know will be discontinued. For some currencies, the calculation methodology will be adjusted, while others will move to a brand new or alternative risk-free rate (RFR). This also holds for the dollar LIBOR, which will be replaced by the Secured Overnight Financing Rate (SOFR). However, some currencies use the USD LIBOR as a basis for their current reference rates, mainly due to liquidity concerns. Therefore, these FX implied rates face an additional challenge.

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Global optimization in a world of ‘slowbalization’

Treasury optimization in Asia, Part IV

Compared to their Western counterparts, Asian corporate treasuries have had to grow and learn to react to business complexities and changes in their environments very quickly. Western corporations have had the ‘luxury’ of adapting over a longer period, while Asian treasuries have worked hard to catch up and match their levels of maturity and integration. In this fourth and final part of our series on treasury optimization in Asia, we look at global optimization.

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Mitigating risks with FX options

Is there a direct relationship between your FX exposures and the resulting P&L effects? Have you ever thought about hedging with FX options instead of FX forwards but then ruled it out? Here are some reasons why it might make sense to give this idea a second thought.

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Round table: FX Risk management

In September 2018, Zanders organized and hosted a round table session on the topic of Advanced FX risk management. Leading practitioners from various multinational companies actively debated a selection of topics varying from the challenges in FX identification to the different hedging strategies. This article summarizes the discussed topics.

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