FIRST Key Features
Manage exposures, derivatives and hedge accounting for FAS 133/IAS 39
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Provides global exposure capture and reporting capabilities via the web
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Enables STP of exposures, trades and hedge accounting
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Captures and prices foreign exchange, commodity and interest rate derivatives
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Manages confirmations and market data for automation of back office workflow
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Links exposures, derivatives and documentation into auditable hedge relationships
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Creates accounting rules to measure and test effectiveness
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Creates cash and non-cash journal entries for export to GL/ERP systems
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Utilizes review and approval workflows, multiple layers of security and comprehensive
auditing to enhance transparency and compliance
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Access to over 100 reports that are fully customizable