One member said the platform “works great” for measuring exposure on balance sheet and portfolio hedging and trade decisions.When one user of FiREapps, Kyriba’s FX risk management solution, was asked why he choose the system, his answer was simple: it was very user-friendly, and “completely bulletproof.” We’re quite familiar with their pain points and can quickly implement some time-saving best practices.”įiREapps: rock solid.
FIREAPP CA MANUAL
“We are laser-focused on automating whatever is manual wherever we can, so we try to save them time in the FX workflow early on during the deployment, and ultimately free up a lot of time once everything is completed.However, with that time frame, the customer typically will have partial access to much improved data and analysis in just a few weeks. “A typical deployment from beginning to end would be three to four months, but can vary in either direction based on complexity.Asked to comment, an AtlasFX spokesperson responded: Though members using AtlasFX said they appreciate the company’s commitment to customization, users did agree that it took more time and effort for FX teams to implement than other systems. “When I think about the solution they helped us build, it just makes me happy.” “ helped get us to a dream state,” the member said.The member said that before this, his team was making these calculations manually, and he had to upload data to the other platforms.The member’s system now features automated calculations for complex business-to-business trading, as well as automated connections to the company’s ERP system, its TMS and its FX trading platform.Some of it’s still falling into place, though we did have the capacity to have a team member spend most of their time on it for three months.” “We came up with a list of must-haves: ‘If we can build this, we are future-proof,’” the member said, and complimented the vendor on its accommodations.NeuGroup members share what they need from FX risk management solutions, what they get and what could be better.Ī need for automation, a user-friendly interface and consistent accuracy were among the highest priorities in selecting an FX risk management platform for members at a recent NeuGroup meeting that zeroed in on FiREapps and AtlasFX.ĪtlasFX ‘dream state.’ One member who recently worked with AtlasFX to adopt the platform lauded the firm’s flexibility and willingness to meet his company’s requests.
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