Hedge Trackers to Speak, Exhibit at AFP 2015
Hedge Trackers, a premier provider of foreign currency, interest rate and commodity hedge program management solutions for U.S. companies, has announced it will lead two speaking sessions at the 2015 AFP Annual Conference, Oct. 18-21, 2015 in Denver, Colorado. In addition to speaking, the company will offer hands-on demonstrations of its Capella Foreign Currency hedge accounting software in booth 1026.
Hedge Trackers’ speaking sessions include:
“Going International. What I Wish I Knew,” slated for 8:30 a.m. on Monday, October 19.
During this session, Jim Shepard, director of client services at Hedge Trackers, and Antonio Siytangco, senior treasury manager of VMware, Inc. will discuss the process that VMware went through – in partnership with Hedge Trackers – when the company wanted to know what its international growth would do to its bottom line. Attendees will learn how to account for foreign currency’s business impact from the beginning of international operations.
“Balance Sheet Hedge Programs,” slated for 4:00 p.m. on Monday, October 19.
During this session, Helen Kane, president and founder of Hedge Trackers, and Meena Srinivasan, VP, Finance and HR at Fitbit, will provide insight on how Fitbit has managed its international growth, which collided with currency volatility in Q4 2015. Srinivasan will discuss how the company decided it was time for the two-person treasury team to add currency risk management to their urgent and important list. In this session, Fitbit will review key learnings from implementing their balance sheet hedge program and also discuss the challenges of daily rates; the battle to keep the accounting for currency transactions from undermining the hedge program; and their management reporting on program effectiveness.
“The AFP Annual Conference provides us with an opportunity to talk with and learn from our finance and financial tech peers as well as with an opportunity to share our own expertise in hedge program management, accounting and reporting,” said Kane. “This year, we’re looking forward to sharing that expertise in two sessions, both of which have been purposefully designed so that attendees can walk away with a better understanding of how hedging can be – and should be – part of any company’s international growth plan. We are thrilled that we’ll be able to share these sessions with two Hedge Trackers clients, VMware and Fitbit, and look forward to some lively discussions.”
During the conference, Hedge Trackers will set up in booth 1026 and provide scheduled demonstrations of Capella Foreign Currency (CapellaFX) hedge accounting software, as well as information about the company’s consulting, outsourcing and training services. Individuals interested in scheduling a demo can visit https://hedgetrackers.com/afp-2015/.
In addition, Kane will be available for meetings and for briefings with the media.
For updates to Hedge Trackers’ agenda during AFP and to be alerted when the company opens up its schedule for private Capella software demonstrations, follow the company on LinkedIn or Twitter. Journalists interested in speaking with Kane can contact Carli Anderson at [email protected].
About Capella Foreign Currency Derivative Accounting and Trade Management Software
Affordable, reliable and versatile, Capella Foreign Currency is the user-friendly and feature-rich software solution that corporations can use to manage an FX hedge program while staying compliant with domestic and international GAAP and related regulations. Capella Foreign Currency derivative accounting and trade management software manages documentation and disclosures, trade activity, monthly accounting and more – and it’s always updated with the latest regulatory requirements. Click here to watch a video introduction to Capella Foreign Currency or visit www.hedgetrackers.com/capella.
About Hedge Trackers, LLC
For more than a decade, Hedge Trackers’ globally compliant financial accounting and reporting services have empowered U.S. corporations to effectively and confidently hedge foreign currency, interest rate, and commodity risk. Hedge Trackers offers unparalleled software solutions, derivative accounting capabilities and consulting services. The Silicon Valley-based company has set up successful hedge programs for hundreds of Fortune 100 to Fortune 1000 companies. For more information, visit the company at www.hedgetrackers.com or follow the company on LinkedIn and Twitter.