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United States : HEDGE TRACKERS announces launch of RECONCILE-TO-ZERO [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) A major advisor to, and technology vendor for, corporations that use hedges and hedge accounting to protect margin, Hedge Trackers LLC, has unveiled Reconcile-to-Zero (RTZ). RTZ is a first to market feature for Capella Foreign Currency hedge accounting software, which the company will debut at the 2014 AFP Annual Conference in Washington, D.C., Nov. 2-5. RTZ, which has been developed to automate the lengthy task of reconciling the forex re-measurement gain/loss line, effectively categorizes the sources of FX gains and losses and offers actionable information. This information helps enhance hedge results and generates reliable SOX controls that positively affect the bottom line. President and Founder of Hedge Trackers, Helen Kane, said : "We're looking forward to showcasing the newest feature in our CapellaFX software. We believe that Reconcile-to-Zero will meet a need in the industry that hasn't yet been successfully met enabling corporations to quickly, efficiently and reliably evaluate consolidated FX gain/loss reporting by currency, supported at the trade and transaction-level by entity and currency. Polycom s implementation of RTZ illustrates that it's possible to support company goals and the company's bottom line in an automated, purposeful approach." (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). [ Back To TMCnet.com's Homepage ] |