Hedge accounting

ION Treasury named Best Risk Management System in bobsguide Awards

Retrieved on: 
Wednesday, May 5, 2021
Money, Finance, Economy, Financial law, Cash flow, Financial management, Treasury management, Market risk, Derivative, Risk, Futures contract, Hedge accounting

b'NEW YORK, May 5, 2021 /PRNewswire-PRWeb/ -- ION, the largest global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announced that it was named Best Risk Management System in the bobsguide Awards 2020.

Key Points: 
  • b'NEW YORK, May 5, 2021 /PRNewswire-PRWeb/ -- ION, the largest global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announced that it was named Best Risk Management System in the bobsguide Awards 2020.
  • ION Treasury was selected based on the robust choice of risk offerings that it provides to the marketplace, ranging from a standalone option, as part of an ION Treasury Management System (TMS), or as an independent valuation and hedge accounting service.\nION\'s risk management solutions aggregate exposures, incorporate hedge transactions, and track compliance against company-established interest rates, FX, commodity, and counterparty risk.
  • "We\'re proud that our domain expertise in derivatives, hedge accounting, and treasury and risk management serves as a trusted source of knowledge and support for companies around the globe.
  • We thank the end users and industry professionals that voted for ION Treasury in this important category.

Wolters Kluwer Finance, Risk & Regulatory Reporting Shares Potential COVID-19 Hedge Accounting Implications in New Whitepaper

Retrieved on: 
Monday, July 20, 2020
Professional services, Legal, Insurance, Finance, Consulting, Banking, Accounting, Market risk, Finance, Money, Financial law, Hedge accounting, Economy, Hedge, Financial risk, Accounting, Foreign exchange market, Credit risk, Foreign exchange hedge

Thats according to a new white paper from Wolters Kluwers Finance, Risk & Regulatory Reporting (FRR) business.

Key Points: 
  • Thats according to a new white paper from Wolters Kluwers Finance, Risk & Regulatory Reporting (FRR) business.
  • Hedge accounting ensures that an income statement reflects steps taken to mitigate risk in a loan portfolio.
  • According to the white paper, the pandemic will certainly have a significant impact on hedge accounting.
  • The use of hedge accounting can also be affected when the contractual terms of an underlying financial instrument are changed.

Derivative Path Announces Key Hires in Hedge Accounting and FX

Retrieved on: 
Wednesday, April 29, 2020
Market risk, Hedge accounting, Hedge

SAN FRANCISCO, April 29, 2020 (GLOBE NEWSWIRE) -- Derivative Path, Inc. (DPI), a leading capital markets FinTech company, is pleased to announce two key hires to further enhance the companys Interest Rates and Foreign Exchange (FX) product suite.

Key Points: 
  • SAN FRANCISCO, April 29, 2020 (GLOBE NEWSWIRE) -- Derivative Path, Inc. (DPI), a leading capital markets FinTech company, is pleased to announce two key hires to further enhance the companys Interest Rates and Foreign Exchange (FX) product suite.
  • Von Garces joins as Hedge Accounting Specialist and Cesar Hernandez joins as FX Product Manager.
  • Our growth continues to accelerate as we continually expand the functionality of our platform -- including further enhancements of its hedge accounting and FX modules.
  • Derivative Path is a San Francisco Bay Area-based FinTech company with additional offices in New York City and Chicago.

Working group on euro risk-free rates issues recommendations to address accounting impact of euro risk-free rates transition

Retrieved on: 
Thursday, November 7, 2019
Economy, Money, Interest rates, Finance, Eurozone, Financial law, Banking, Eonia, Financial risk, Hedge accounting, Euribor, Accounting

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Working group on euro risk-free rates issues recommendations to address accounting impact of euro risk-free rates transition

    5 November 2019

    The private sector working group on euro risk-free rates has published a report with recommendations, from an accounting perspective, on the transition to new risk-free rates.

  • The report describes the overall consequences for financial accounting and potential issues that may arise, especially concerning hedge accounting.
  • The recommendations cover three areas: (i) the impact of the transition from the euro overnight index average (EONIA) to the euro short-term rate (the STR) on the modification of contracts and hedge accounting, (ii) fallbacks for EURIBOR and hedge accounting, and (iii) general accounting and financial reporting.
  • To ensure that its recommendations are adopted by all market participants, the working group has created a sub-group on financial accounting and risk management.

Jemena is Live on GTreasury for Risk Management, Hedge Accounting

Retrieved on: 
Tuesday, August 20, 2019
Software, Banking, Accounting, Professional services, Utilities, Data management, Energy, Technology, Finance, Hedge accounting, Jemena, Accounting, Hedge, Service industries, Jemena, GTreasury

Jemena, an $11 billion, Melbourne-based company that owns and manages some of Australia's most significant gas and electricity assets, is now live on GTreasury to support its risk management and hedge accounting activities.

Key Points: 
  • Jemena, an $11 billion, Melbourne-based company that owns and manages some of Australia's most significant gas and electricity assets, is now live on GTreasury to support its risk management and hedge accounting activities.
  • We wanted one, cloud-based TMS that could handle complex instruments, hedge accounting and compliance, and integrate easily with trading, data and settlement systems, explains Jemena Treasury Manager Jean Feng.
  • Before implementing GTreasury, we spent so much time logging in and out of different systems, re-keying entries and keeping accounting records manually.
  • With GTreasury, organizations can implement any combination of integrated Cash Management, Payments, Financial Instruments, Accounting, Banking, Risk Management, and Hedge Accounting in one SaaS solution.

Bloomberg Tax, Deloitte To Host May 7 Conference On New Credit Loss Standards

Retrieved on: 
Monday, April 29, 2019
Accounting, Accounting standards, Economy, Business, Financial Accounting Standards Board, Hedge accounting

ARLINGTON, Va., April 29, 2019 /PRNewswire/ --Bloomberg Tax and Deloitte will host Financial Instruments: The Way Forward, a one-day conference to help companies navigate the new ASC 326 credit loss standard and respond to the new hedge accounting standard ASU 2017-12.

Key Points: 
  • ARLINGTON, Va., April 29, 2019 /PRNewswire/ --Bloomberg Tax and Deloitte will host Financial Instruments: The Way Forward, a one-day conference to help companies navigate the new ASC 326 credit loss standard and respond to the new hedge accounting standard ASU 2017-12.
  • Keynote interviews will be conducted with Congressman Blaine Luetkemeyer (R-MO) and Harold Schroeder, a member of the Financial Accounting Standards Board, which crafted the standards.
  • The agenda will cover a range of topics including implementation challenges and processes, the standard's economic impact, and potential changes to ASC 326 from the FASB.
  • "We're excited to discuss everything from hands-on, practical implementation to ASC 326's impact on markets, governance, and internal controls."

2-Day Conference: Hedge Instruments & Hedge Accounting - From Exposure to Disclosure (California, United States - August 27-28, 2019) - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 10, 2019
Professional services, Finance, Accounting, Economy, Business, Financial regulation, International Financial Reporting Standards, Hedge accounting, Generally Accepted Accounting Principles, Great Recession, IFRS 9, Financial Accounting Standards Board

The "Hedge Instruments & Hedge Accounting: From Exposure to Disclosure" conference has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hedge Instruments & Hedge Accounting: From Exposure to Disclosure" conference has been added to ResearchAndMarkets.com's offering.
  • The objective of the project would be to replace all existing US GAAP and IFRS guidance.
  • This conference will review existing guidance and address the latest developments in key areas, significant changes, scope, disclosure and possible impacts.

Missing an Opportunity? Many Companies Slow to Adopt, Capitalize on Potential Benefits of New Hedge Accounting Standard: Deloitte Poll

Retrieved on: 
Tuesday, October 9, 2018
Business, Economy, Deloitte, Accounting, Hedge accounting, Big Four accounting firms, Cathy Engelbert

Who: Jon Howard , Audit & Assurance senior consultation partner for hedge accounting, Deloitte & Touche LLP

Key Points: 
  • Who: Jon Howard , Audit & Assurance senior consultation partner for hedge accounting, Deloitte & Touche LLP
    Bill Fellows , partner, Deloitte Risk and Financial Advisory, Deloitte & Touche LLP
    Where:Access a slide deck of the hedge accounting poll questions, results and Deloitte insights.
  • Details:On May 22, 2018, Deloitte conducted a special edition Dbriefs webcast titled, "Hedge accounting: Simplifying the accounting for hedging activities."
  • Respondents answered questions about their organizations' implementation plans for the new hedge accounting rules issued by the Financial Accounting Standards Board (FASB).
  • Certain services may not be available to attest clients under the rules and regulations of public accounting.