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Save Your Company Millions of $$$: Actual Steps, Definitions, Processes, Models and Quantitative Research Studies for Managing Corporate FX Risk! - David Lyon
Save Your Company Millions of $$$: Actual Steps, Definitions, Processes, Models and Quantitative Research Studies for Managing Corporate FX Risk!
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Save Your Company Millions Of $$$ “SYCM$” provides a step-by-step corporate solution for companies needing to effectively manage their FX risk. In addition, SYCM$ provides actual definitions, processes, models and quantitative research examples into the global FX currency risk management process.... show more
Save Your Company Millions Of $$$ “SYCM$” provides a step-by-step corporate solution for companies needing to effectively manage their FX risk. In addition, SYCM$ provides actual definitions, processes, models and quantitative research examples into the global FX currency risk management process. This type of quantified analytical research is especially beneficial to corporate treasury finance executives and foreign currency professionals in regards to their dealings in the global foreign exchange (FX) and OTC derivatives markets. Effectively managing FX exposure is critical to a corporation if it expects to remain competitive in today’s marketplace. Unfortunately many companies have gotten lost in the deluge of big data available to them today. These same companies are relying upon outdated methodologies in monitoring, calculating and hedging their currency risk. Many companies are intimidated by the currency hedging process and may have simply chosen to not address the issue. Corporate losses are piling up, due to global FX currency volatility. FiREapps, a leading currency risk consultancy, reported in their latest 'Q3 2015 Currency Impact Report' that quantified negative currency impact for North American companies now totals $83.84 billion for the preceding 12-month period. SYCM$ provides an excellent framework for saving a company millions of dollars in negative foreign currency impact. It is an excellent resource in that it provides its readers with actual steps, definitions, processes, models and quantitative research analysis examples for managing corporate FX risk. Every time a corporate executive generates a financial report, make a cross-border payment or translates a price, there is the potential for a gain or loss in the global foreign currency market. Whether realized or not, a company’s revenue and reputation is at risk. Companies are realizing that they must learn how to mitigate their foreign currency exposure if they expect to remain competitive in the global marketplace. SYCM$ provides the solutions needed today!
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Format: Kindle Edition
ASIN: B01ACST1A4
Publisher: e-ALGO Publishing LLC
Pages no: 340
Edition language: English
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Books by David Lyon
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