Whether hedging programs are centralized or decentralized, the collection and validation of exposure information is a challenge faced by many companies.

FIRST provides the ability to capture exposures generated by remote operations via the web and improve the timeliness and accuracy of information. Using FIRST, users can input cash flow forecasts and translation exposures directly into a secure treasury solution. Central treasury can then analyze and execute an optimal strategy to manage the exposure in compliance with corporate policy.

• » Exposure Entry – Enter exposures into dedicated single or multiple exposure entry screens or import from a comma delimited spreadsheet file.
• » Review & Approval – Remote users can submit exposures for approval by corporate treasury using FIRST. The homepage provides on-screen and email notification of exposure approval requests.
• » Exposure Verification – To ensure the validity of exposures over time, FIRST enables users to review, confirm or update forecasts on a real time, monthly or quarterly basis.
• » Exposure Coverage Analysis – Display aggregate economic exposure versus hedged amount in real time using an intuitive web interface. This tool calculates a net exposure position and weighted average hedge rate for the period.
• » Hedge Requests – The ability to aggregate exposures into a single amount request for a hedge.