Corporate treasurers do more than ever before to identify and mitigate risk and to position their companies to weather market crises with confidence. According to Deloitte, 85% of companies are measuring their sensitivity to market risk, but a much smaller portion regularly assess the probability of their risk.
In our last article, we identified a clear risk management objective: certainty. Risk management is really about understanding and managing uncertainty to create more certainty.
They say, “what gets measured gets managed.” So, if you’re not measuring your FX risk, you might not be managing it – even if you think you are.
This article kicks off a new series of posts that will help treasury professionals understand conventional FX risk management practices and how they fit into a successful strategy.
There’s no better way to begin than to ask ourselves, “why do companies bother to use any of these conventional practices?”
Oliver Bullough dissects how global mega wealth and corruption really work, and offers a possible if unlikely solution
"Moneyland" pulls back the curtain on the shady, secretive underworld of the world's mega-wealthy, in which they move vast sums of money around with the intention of keeping it away from tax authorities, and knowledge of it away from tax payers.
For corporate finance professionals, who have no shortage of expert resources to read, view and engage with on LinkedIn, it's difficult to narrow the list down to a handful of "must follow" influencers.
To pitch in, we've built a list of business and finance experts to regularly follow on LinkedIn. It's a short list, but it does include some of the most brilliant financial minds in the business.
OANDA has partnered with commercial insurance software provider AdvantageGo to provide real-time foreign exchange rate data through their Microservices architecture, helping insurers and reinsurers assess policy risk more accurately and efficiently.
Under the partnership, AdvantageGo’s Currency Services will be powered by OANDA’s Exchange Rates API.
A global leader in online multi-asset trading services and currency data and analytics, OANDA today announced that its FX Exchange Rates API has been recognized as an Acumatica-Certified Application (ACA) and is now available for Acumatica customers.
Finance industry commentators believe that artificial intelligence (AI) will replace many existing financial services positions. Along with blockchain, digital transformation and regulation, AI is a technology set to roil banks now and in the coming years.
Join us in this article as we dive into the topic of AI in finance and what its growth and sophistication mean for financial professionals.
The increasing global shift to populist-led governments has generated upheaval for currency markets.
Populist governments are now in place in the United States, Turkey, Brazil, Italy, Hungary and Poland. Mexico recently ushered in a new president, Andrés Manuel López Obrador, who ran on a leftist, anti-establishment platform.
Corporate financial history is replete with examples of currency risk and trading management decisions that have backfired on companies.
Consider Toshihide Iguchi, a Japanese banking executive who turned a $70,000 in U.S. debt into a substantially larger debt of $1.1 billion, after making a bet on the U.S. fixed income market in 1983.
2018 has been a barnburner for business management books, as a red-hot economy and new rules on taxes, trade and tariffs take center stage. With companies looking for new ideas and new talent in the C-level suites, which tomes should executives put on their “must read" holiday list?
These three books certainly qualify.
Currency volatility around the globe is stabilizing in late 2018, and that's good news for corporate financial officers who've been beset by excessive risk in the currency market during the first nine months of the year.
Geopolitical events and economic strife had steered currency risk upward in the first half of 2018, so a downward trend is welcome news for currency market participants.