For many years, corporations had to decide if they should purchase an all-in-one or best-of-breed treasury workstation. Much like the enterprise resource planning (ERP) space of the 1990s, there were a few large end-to-end treasury workstations...
November
15,
2019
Posted by
Ruth Hardie
As you know, the LIBOR transition topic is evolving on an almost daily basis. Earlier this week, the FASB approved the finalization of guidance to assist entities with the transition away from LIBOR. The new Accounting Standards Update (ASU),...
November
11,
2019
Posted by
Glenn Suarez
How and why companies hedge foreign currency risk depends on factors such as the industry, risk management acumen and management team perspective. But most public corporations do hedge their FX risk for one reason or another.
November
07,
2019
Posted by
Karen Gubler
What's the Issue? Britain is ending support of the London Interbank Offered Rate (LIBOR) on or about 2021. US regulators currently plan to replace LIBOR with the Secured Overnight Financing Rate (SOFR) curve. The pending “Illiquid LIBOR Market”...
November
06,
2019
Posted by
Ruth Hardie
LIBOR has been referred to as the plumbing buried in many financial contracts, and the end of LIBOR will cause a seismic shift in the financial markets. I had the privilege of speaking about LIBOR in a podcast and a live-stream session at the...
October
04,
2019
Posted by
Farah Lotia
You Can Rely on Us If you use Hedge Trackers’ Outsourcing and/or Software suite (Capella) services, you might be wondering what’s going to happen when interest rate reform occurs and SOFR replaces LIBOR in early 2021. Although that seems a bit...
September
24,
2019
Posted by
Farah Lotia
Rates & Recession: What Happened? Last Wednesday, The Fed lowered its target for the federal funds rate by a quarter percentage point, to a range of 1.75% to 2%.
September
09,
2019
Posted by
Jeff Goggins
Digital Treasury is the latest trend that’s slated to transform corporate treasury departments — and organizations as a whole. A digital treasury is one that uses technology to streamline manual and repetitive tasks and create real-time...
September
06,
2019
Posted by
Ruth Hardie & Farah Lotia
As a follow up to FASB’s June initiative to provide accounting relief to organizations that will need to modify their contracts as LIBOR is replaced by SOFR, FASB released a proposed Accounting Standards Update on Thursday.
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