“For the past four years, IBM Treasury been on the path to building a bank-like structure with regards to systems, disaster recovery, skill set and software engines to properly price the risk management instruments we apply in our hedging programmes,” Calil said. “This transparency not only has the potential to save us money, but it also allows us to design, analyse and consider more efficient strategies without having to spend a large amount of time talking to our option providers.”
“The system also improves the accuracy of the mark-to-markets of IBM’s foreign exchange options portfolio, so once we have initiated any positions, we can accurately revalue them for their duration,” he added.
Other corporate treasury clients of SuperDerivatives include Alcatel, Xerox and Ford.
The week on Risk.net,October 14-20, 2016Receive this by email