Chatham Financial Unveils FX Risk Management Technology

Chatham Financial, an independent financial Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term advisory and technology solutions firm, today unveiled ChathamDirect for FX risk management, a cloud-based portfolio of applications that gives corporations the ability to manage foreign currency exchange risk from strategy through reporting.

ChathamDirect is a Software-as-a-Service (SaaS) application providing straight-through processing of financial risk management activities with a suite of modules including:

- Exposure Management – Administration and management of cash flow and balance sheet exposures across entities, with powerful Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term capabilities for “what-if” and optimized hedging scenario planning

- Trade Execution – Integration with trade execution systems and platforms streamlining execution of trades

- Valuations – Leverages Chatham Financial’s sophisticated credit valuation adjustments (CVAs) to ensure independent values reflecting the market in real-time

- Hedge Accounting – Workflow tools facilitate compliance with ASC 815 (FAS 133) by completing tasks such as hedge accounting relationships, hedge designation documentation, journal entries and effectiveness testing

Designed with treasury teams in mind, ChathamDirect’s underlying technology and modules have been foundational in the Chatham Financial advisory practice for over two decades.

“We believe the best technology solutions are developed from the practitioner’s perspective, which is why we’re putting our more than 20 years of experience in the debt and derivatives market into a holistic, easy-to-access technology platform,” said Michael Bontrager, founder and CEO of Chatham Financial. “Whether a company requires a technology solution at their fingertips, a trusted, independent advisor for structuring risk programs, or a combination of both, Chatham Financial can span the spectrum of needs.”

“ChathamDirect is the only multi-tenant SaaS financial risk management solution developed by independent, market-leading expert consultants,” said Jose Sabastro, product director, risk management technologies. “Our technology is designed, used and supported by Chatham practitioners who perform more than $1 billion worth of transactions daily.”