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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms. Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk.

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CFOs, Treasurers Are The One-Two Punch Against FX Risk

PYMNTS

“Sources of hidden FX exposures range from internal functions, such as treasury, trading and technology, to external forces, such as currency volatility or government-imposed cash restrictions,” Deloitte stated. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

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OCC Realigns With Two New Units For Bank Oversight

PYMNTS

The Office of the Comptroller of the Currency (OCC) has announced that it’s going to realign about 150 staff members in two new units, the organization said in a press release. . The two units will consolidate bank supervision support, risk analysis, and oversight of national trust banks and important service providers.

Banking 59
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Reframing financial uncertainty with data and AI

Future CFO

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right?