Analytics

Analytics: Atlas FX-A

It’s the end of the quarter, and your numbers need to be final in two days. Can you explain your FX risk management results with ease and accuracy?
Do you need to book a consolidating adjustment, or do you just hope for the best and possibly have to restate your results?
Can your reporting system provide information in a timely manner, and in an appropriate format?
Are you spending too much on upgrades, too dependent on a single tech person, and have too many moving parts across too many people and platforms?

There’s a better way than spreadsheets to manage your FX risk.

The ability to organize, reshape and analyze data is critical in understanding a company’s risk exposures. Unfortunately, many companies today have a risk management infrastructure dependent on spreadsheets—a system that’s inherently laden with risk. Spreadsheets are extremely prone to human error, require cumbersome, costly updates, and lack synergy and integration.

Watch the Atlas FX-A video (2 mins.)

All of these inefficiencies and discrepancies can all lead to significant loss of revenue. Using spreadsheets also makes your company highly dependent on the person or team responsible for managing this information. It’s for all of these reasons and more that make using spreadsheets to manage and mitigate FX risk less than ideal for understanding or capturing the very risk you’re trying to hedge.

To learn more about Atlas FX-A, download our PDF or contact us for a free consultation today.

The Atlas FX-Analytics (FX-A) platform can provide a higher degree of accuracy and better results.

Atlas FX-Analytics is a software solution that takes into account your business dynamics and process flows, while also improving internal quality control on your data capture process. We can deploy Atlas FX-A within your organization in a way that will:

Automatically load and organize your FX exposure data from across your organization
View this information as a transparent and effective hedging framework
Calculate both internal and external trades for appropriate risk mitigation

Currency risk in a multinational corporation has multiple dimensions that need to be considered at once, and on an ongoing basis: Time, Currency, Entity and FX risk line items. Spreadsheets only allow you to address two of these dimensions at once. If your company has only one entity or one currency to consider, a spreadsheet might be sufficient, but higher levels of complexity call for a more advanced solution.

Our software is designed to save your time and money while helping reduce errors and better forecast your exposure. Atlas FX-Analytics can also deliver greater transparency in your hedging process while allowing for better controls and easier SOX compliance. In short, Atlas FX-A is a customized, end-to-end software solution that optimizes efficiencies and results to the highest possible degree of accuracy, all of which helps mitigate potential loss.

A look inside Atlas FX-A:

Atlas FX-A is a multi-dimensional OLAP-based engine that we can customize and integrate with your internal Enterprise Resource Planning (ERP) and Treasury Management Systems (TMS) to significantly streamline and improve your hedging operations. This white label-branded platform is a full trade lifecycle solution that performs analysis and delivers hedging insight beyond capability of spreadsheets.

Atlas FX-A is also secure. Choosing this certified software environment reflects our ongoing commitment to providing a secure, world-class cloud computing environment.