The links to our services and the case studies below show how we help treasuries lower financial risks, improve P&L's, and expand their capabilities:
- Global Treasury — treasury and working capital management reviews of foreign subsidiaries and global and pan-European cash management. Global treasury reviews and restructuring, staffing, policies, information reporting, new treasury vehicles, outsourcing and systems.
- Risk Management — FX, interest rate and commodity risk policies with GAAP-effective hedges, best practices, internal controls, Marking-to-Earnings™ evaluation of alternative hedging tactics, and other performance measures.
- GAAP Hedging — post-FAS 133, IAS 39 and AcG-13 effective risk management policies, structuring hedges to be more effective, standard implementation, hedge documentation, related system issues, and working with client auditors to understand and accept our recommendations.
- Debt Compliance — an innovative new service to help companies maintain their compliance with their debt agreements.
Client Case Studies
|$1 billion company with decentralized foreign treasuries||Web survey of 33 unit treasuries, including working capital management||$1.6 million savings in bank costs and net interest and sharing of best practices.|
|$30 billion global MNC wanting to improve treasury reporting with new workstation||Treasury review of existing processes and information flows||Utilization of >$100 million excess cash against debt and integrated treasury reporting|
|$1 billion aerospace company with decentralized and insufficient FX hedging of its risks||FX benchmarking data plus foreign unit web survey||Centralized FX hedging with better FAS 133 accounting and information reporting and new risk analysis|
|$300 million company's FX hedging with forecast error risk under FAS 133||Innovative spot-to-spot effectiveness tests and new FX system||Hedging of the company's economic FX risks with less forecast error risk|