The task force, specifically requested by David Bowman of the Federal Reserve Board, includes industry experts, large corporations, financial institutions and other interested parties. Hedge Trackers will be serving on the task force as a voice for corporates.
“We’re proud and honored to have the opportunity to play a role in tackling this important mission,” said Farah Lotia, Director, Interest Rate and Quantitative Analytics. “We’re keeping a close eye on regulatory updates and news regarding transition guidance and interest rate term structures. There are a lot of questions and still a lot to be worked out, but we’re prepared to keep corporates posted on any changes. We’ve already helped several of our clients check their contract fallback provisions and limit their exposure to LIBOR, so if you have any questions, please don’t hesitate to reach out to our team.”
The Hedge Trackers team has released articles, checklists and other LIBOR-related updates to keep readers informed about regulatory guidance and transition action-items. While Hedge Trackers consultants are on call and fully prepared to assist organizations in developing personalized interest rate replacement plans, their technology is ready, too. CapellaIR and CapellaFX have been adjusted for the transition to SOFR-based pricing and inputs, allowing clients to implement LIBOR-related changes to their hedge programs.
About Hedge Trackers, LLC
For 20 years and counting, Hedge Trackers’ has delivered end-to-end risk management solutions to clients across a wide variety of industries who face foreign currency, interest rate and commodity price risk. The Silicon Valley-based, woman-owned company offers a client-tailored blend of technology, outsourcing, consulting and training services to address an organization’s specific risk profile. Capella’s technology suite provides the necessary infrastructure for clients to collect, comply and communicate exposures, hedge designations, accounting and disclosures – empowering them to take control of their risk management processes and protect their margins.