Saab is using the
SuperDerivatives real-time derivatives pricing
and risk management platforms, to implement the company’s hedging
strategy and to optimise the returns of its treasury pension
trust.
With annual revenue of $3bn (£1.57bn), Saab serves the global
market of governments, authorities and corporations in three
strategic business segments: defence and security, systems and
products, and aeronautics.
Stefan Lind, assistant treasurer at Saab, said, “Our challenge
was to manage the exposures of a global business with incoming and
out going cash flows in numerous currencies and P&L reporting
in the Swedish Krona.
“This required a powerful independent analytics and risk
management platform that could provide us with live and accurate
pricing for currency options,” said Lind.
The SuperDerivatives platform is now also being used for
enhancing investment returns of the employee pension fund using
interest-rates derivatives.
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