Automating FX Risk and Optimising Hedging: A Fresh Look

In Partnership with Nomentia

This video is a recording of a live event that took place on 6 September 2023.

Are you measuring your FX exposures correctly? Is the process highly manual? And is your current hedging strategy really in the best shape? These were all questions the treasury team at medical technology firm Dräger asked themselves before embarking on a transformative project with Nomentia to automate the calculations of its FX exposures and optimise its hedging.

Watch this webinar playback to discover:

  • How the Dräger team now leverages an automated tech solution to calculate its FX exposures, and extrapolates from actuals rather than using a cash flow forecast
  • The secret to defining an optimum hedge portfolio, keeping risk within the defined limit while minimising total cost-of-carry
  • Ways to ensure smooth integration between new treasury tech and ERPs like SAP
  • Best practice for ensuring buy-in to such a project across the organisation – not just the implementation but learning to trust technology with CFaR calculations

Speakers

  • Frank Freitag, Senior Controller, Dräger
  • Alexander Fleischmann, Market Development Executive, Nomentia

Moderator

  • Eleanor Hill, Editor, TMI