SLG RiskEngine as a reporting and management tool
Success story
Customer:
JOST
The goal:
- Development of a central currency risk management process.
- Reducing currency risks to an acceptable level without eliminating them completely.
- Inclusion of all companies worldwide and cost-efficient hedging only for large exposures.
The way:
- Conducting a treasury review with SLG to analyze the Group's currency risk.
- Definition of a process for the quarterly survey of currency exposures and risk positions.
- Use of the SLG RiskEngine for centralized risk monitoring and control as well as identification of natural hedges.
- Hedging of the largest exposures in selected companies in order to minimize costs and effort.