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FX TRADE MANAGEMENT SOLUTION BRIEF
FiREapps is the leading provider of cloud-based enterprise currency management (ECM) solutions for currency exposure management and enterprise currency analytics.
AUTOMATED FX TRADE MANAGEMENT
INTEGRATED EXPOSURE MANAGEMENT WORKFLOW
For treasury teams that are not happy with the cost-benefit of their treasury management system (TMS) or that do
not have a TMS and manage trades via spreadsheets, FiREapps FX Trade Management helps organizations track
trades and facilitate reporting without a TMS.
Track the full lifecycle of a trade
Monitor cash management requests and fulfillments
Report on mark-to-market, settlement and counterparty positions
FiREapps FX Trade Management enables treasury to:
The FiREapps automated trade management module supports highly automated and sophisticated balance sheet
hedging programs for organizations that are constrained by the limitations of their existing treasury management
systems or hedge accounting solutions.
FX TRADE MANAGEMENT
AUTOMATED EXPOSURE MANAGEMENT
FiREapps FX Trade Management | Solution Brief 2 of 5Copyright © 2018 Rim Tec Inc. All rights reserved. 072318
FiREapps FX Trade Management solution enables multinationals to facilitate automated exposure management and interactive trade management and reporting.
Manage FX Trades at a Faster Speed and For Less Cost Than Deploying a TMS
FX TRADE MANAGEMENT ANALYSIS REPORTS
Copyright © 2018 Rim Tec Inc. All rights reserved. FiREapps FX Trade Management | Solution Brief | 3 of 5
Analysis for all FX transactions
Calculate and report the value of outstanding FX contracts using currency rates and derivative
contract prices
Generate and upload or enter journal entries into ERP(s) for mark-to-market accounts
Analysis of all FX transactions by bank and currency pair
Determine how much is owed to banks and/or how much should be received from the bank to settle
closed FX positions
Generate journal entries to be uploaded or entered into ERP(s)
Generate a report of outstanding hedges in place by counterparty
Percentage breakdown of hedges by counterparty
Percentage breakdown of currency by counterparty
MARK-TO-MARKET
SETTELMENT ANALYSIS
COUNTERPARTY POSITION PROFILE
Capture and manage internal
and external trades
Create the most cost-effective
net external trades and produce
related internal trades
Send final trades directly
to your TMS
Although TMS’ can handle accounting and mark-to-market functions once external and internal trades have been
created and/or executed, most are unable to determine the net external trade and related internal trades that are
required to push the trade details to individual entities.
Copyright © 2018 Rim Tec Inc. All rights reserved.
For treasury teams that have not made an investment in a treasury management or hedge accounting system,
FiREapps FX Trade Management is an easy-to-use, lightweight solution that supports the key requirements for
storing, managing and reporting on FX trades.
FiREapps FX Trade Management captures trade information and user input as FX deals are prepared and executed.
Data captured, stored and updated throughout the lifecycle of an FX trade include:
INTERACTIVE TRADE MANAGEMENT & REPORTING
ERP System
ERP System
ERP System
ExposureSet
TradeManagement
Interface
DecisionSet
FX TradingPlatform
FiREapps Exposure Management Workflow
FiREapps Trade Management Module
Spreadsheets
MTM Analysis
SettlementAnalysis
CounterpartyAnalysis
Trade Database
TradeReports
STORING & TRACK FX TRADES
FiREapps FX Trade Management | Solution Brief 4 of 5
Trading ID
Trade Date
Value Date
Counterparty
Currency Pair
Buy/Sell Currencies
Settlement Amount
Transaction Type
Trade Instrument
(e.g. swap, forward, NDF)
Hedging Strategy &
Transaction Type
Deal Amount
Spot Rate
Fixing Date
Forward Points
Forward Rate
Settlement Currency
Copyright © 2018 Rim Tec Inc. All rights reserved. 072318 FiREapps FX Trade Management | Solution Brief 5 of 5
Trade Date Detailed View
Throughout the proposal, execution and settlements stages, FiREapps receives information related to deal pricing,
spot rates, forward points and settlement amounts and updates the information automatically as it is captured in
the trading platforms. Additionally, users can input information if FX trades are executed via phone/bank portal.
Trade data can be reviewed from the FiREapps trade management module, where users can query the trade
database for outstanding hedges for a specific date or date range.
TO SPEAK WITH AN EXPERT CONTACT US AT:
US: +1 480 443 7333 x1UK: +44 203 6938163Deutsch: +49 69 678306 771
Learn how you can automate and facilitate interactive trade management and reporting without a TMS.
