Now, more than ever, it is incredibly important to know your client portfolio forwards valuations at any point in time. Why?
The high volatility of currencies currently is driving major changes in mark-to-market valuations for even the smallest FX hedging portfolios. The bigger the portfolio – the bigger (and more complex) the issues.
This is something you don’t want to be managing in a spreadsheet as tracking these valuations on a daily basis is no longer a ‘nice to have’ – but essential.
Fast Forwards Valuations Tool
And that means tracking not just at an individual client level – but across all your portfolios – to understand the collective impact of those changes. But that can mean thousands of FX hedges to be valued – which is where Hedgebook comes into its own.
Hedgebook’s Fast Forwards valuation tool enables you to bulk upload your client’s positions at the push of a button (literally). That is all your clients – or as many as you want – getting accurate, third party independent, valuations in minutes.
Next – sensitivity reporting
Once you have that accurate data – the next step is to put those valuations into a sensitivity reporting tool. Again, this comes natively with Hedgebook.
It means you can instantly understand what happens should the currency move – up or down. It helps you make more informed decisions and be able to provide the best possible advice to your clients.
You will be able see the not only the individual client’s position but your overall position – across all your portfolios – as a broker.
Clients value the timeliness
It is also information Hedgebook makes easy to share with your clients – so they can see for themselves what the options are and the rationale behind what you’re advising.
As the valuations are third party independent it makes those client conversations a lot easier – because it comes from a trusted and auditable source.
How easy is this? Seeing is obviously believing. We can tell you it is incredibly simple – our existing broker clients will tell you that too – but the best way would be to literally see it for yourself. Set up a quick online demo with one of our team today.
Please learn more about the Hedgebook Fast Forwards Valuations Tool or check out this short overview video.