FX Advisory for
Corporates and Institutions
We design bespoke, systematic FX hedging and execution solutions that help to protect profits in volatile markets
Data Driven
Decisions validated by data and fact, not guesswork
Independent
Zero conflict of interest. We sit on your side of the table
Experts
30+ years combined experience in FX risk management
The Challenge
The importance of FX risk management has grown significantly over the years, driven by international expansion, heightened market volatility, and regulatory and accounting changes.
Treasurers are recognizing the need to be more active and disciplined when monitoring and managing their FX exposures, but this process can be time-consuming, stressful and overwhelming.
Without a clearly defined plan, poor decisions can undermine your organization’s profitability and credibility, as well as your own reputation with management and shareholders.
Are you tired of guessing how and when to hedge?
Without a systematic, data driven approach to currency risk management, decisions continue to be based on emotion and sentiment. This causes inconsistency in performance, and decision making fatigue.
Are you making currency purchase decisions based on speculative market forecasts?
Many firms end up trading FX based on emotion and guesswork, attempting to add value to their P&L by timing trades correctly. This approach endorses acting as an FX trader, not a risk manager, and can ‘add’ rather than reduce volatility in the income statement.
Do you find yourself regularly needing to re-negotiate terms with clients and suppliers?
Many corporates set their budget rates and execute most, if not all of their hedges for the entire year at the beginning of the fiscal calendar, without consideration for where exchange rates will be when the hedges mature. This “fire and forget” approach can create a “cliff edge” effect where company’s often need to adjust pricing with clients and suppliers or face negative impacts to their profit margins and bottom line.
Do you rely on the opinion of banks and FX brokers when making hedging decisions?
Can you trust a 3rd party who’s profitability is directly related to the product or strategy they recommend? Have you had an independent adviser review the efficacy of your risk management strategy and execution quality?
Our Services
Strategy
Measure and evaluate currency risk, design an effective, bespoke hedging strategy that accurately meets objectives, and report on the results.
Benchmarking
Access our pre & post-transaction cost analysis software and proprietary market data to continually benchmark, monitor and improve execution performance.
Negotiation
Leverage our global derivatives market experience and independent positioning to negotiate fair and competitive terms with counterparties.
Documentation
Assistance with FX hedging or execution policy documentation, hedge documentation, performance reports, ISDA agreements, and any other regulatory needs.
Communication
Co-ordination with both internal and external shareholders, management and key persons to ensure a group-wide understanding of FX strategy.
Valuations
Independent auditing and valuation of open hedge transactions, removing the reliance on banks and other 3rd parties for provision of fair values.
Accounting
Support with implementing hedge accounting processes that can help to reduce or neutralize income statement volatility.
How we can help
Simple, effective and measurable processes for managing corporate and institutional foreign exchange risk.
Re-gain control
Control and manage FX volatility with minimal effort
Protect the bottom line
Safeguard profits, increase YoY earnings stability & enterprise value
Improve cash-management
Improve forecast accuracy and maximise returns on free cashflow
Grow your business
Systematic processes that reduce guesswork and enable you to spend more time on your core business
Looking for an FX advisory solution
The Bondford team would be delighted to help
Valued feedback from our clients
Over the course of a single consultancy engagement within ATP Media, Bondford provided real insight and practical advice on how to improve our management of forex risk and how to avoid the potential pitfalls in the previous policy. The Bondford team, in a sequence of very focussed meetings within the business, listened carefully to our challenges and requirements, delivered a complex analysis of our position in a way that we understood, and ultimately provided well thought through solutions that could be easily implemented. It was particularly refreshing to be able to talk through Forex strategy in an objective way with people who weren’t also trying to sell me financial products. ATP Media has been able to implement the Bondford recommendations and expects to see significant benefit going forward. We hope to continue to work with Bondford in the future.
Getting started with FX advisory
01. Book a call
We want to learn more about you. Your unique goals and objectives, any challenges you face, and initiatives that you have in mind.
02. We will build you a bespoke FX strategy
With a firm understanding of your objectives, we’ll get to work at designing a best-in-class FX policy that will provide peace of mind to both you and your shareholders.
03. Grow your business
With less time spent on hedging decisions you’ll have more time to focus on your core business.
