Skip to main content

Read more about our corporate brand here.
First Citizens Innovation First Citizens Innovation
Get started
Search

Foreign exchange risk management services

Bespoke assistance with your FX risk management program.

We offer support throughout all stages of risk management

FX risk discovery and quantification

Back-testing of risk management strategies

Analysis of hedge product tradeoffs

Hedging strategies tailored to accounting methods such as ASC 815/830

Ongoing validation and management

Do you have any pain points related to working with foreign currencies?

If no, then...

  • Would you like to understand how adverse currency moves may impact your key performance metrics?
  • Are you receiving pressure from overseas customers or vendors to move away from US dollar pricing?
  • Do you know you may be able to achieve better rates for buying or selling foreign currency via forward contracts?
  • As you expand global operations, are you aware of the implications of key decisions you must make regarding choice of subsidiary, functional currency determination, and overall global corporate structure?
  • Are you aware that over 60 percent of US small cap technology companies hedge their currency risk once they are public?D

If yes, then...

  • Have you considered "natural hedging" alternatives such as asset-liability matching?
  • Do you want to know what hedging tools are available to address FX risk and alleviate pain points?
  • Would you like access to a model or quantitative framework to identify and quantify currency risks?
  • Would you like to better understand how to align hedging strategy with derivative accounting methods such as ASC 815/830?
  • Do you need assistance with developing a risk management strategy or Board presentation to seek approval for hedging?
  • Have you benchmarked your practices related to currency management against peer companies?

Ready to get started?

Please contact your SVB FX Trader or Ivan Oscar Asensio

Ivan Asensio, Ph.D.

Ivan Asensio, Ph.D.

Managing Director, Head of FX Risk Advisory

SVB Report: Data Insights - Currency Management, Ivan Asensio, April 20, 2020

This document may contain certain Financial Accounting Standards Board (FASB) codification references. First Citizens Bank makes no representations that the accounting references contained herein are exhaustive. There could be other FASB Accounting standard codification references that are also relevant to this topic. Any example included in this document is for illustrative purpose only and not intended to be exhaustive.

Nothing relating to the material should be construed as a solicitation, offer or recommendation to acquire or dispose of any investment, or to engage in any other transaction. Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own tax, financial, legal, accounting and other advisors and only make investment decisions on the basis of your own objectives, experience and resources.

This information is provided for educational purposes only and should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. First Citizens Bank (or its affiliates) neither endorses nor guarantees this information, and encourages you to consult a professional for advice applicable to your specific situation. First Citizens Wealth® (FCW) is a registered trademark of First Citizens BancShares, Inc., a bank holding company. The following affiliates of First Citizens BancShares Inc. are the entities through which FCW products and services are offered. Brokerage products and services are offered through First Citizens Investor Services, Inc. (FCIS), a registered broker-dealer, Member FINRA and SIPC. Advisory services are offered through FCIS, First Citizens Asset Management, Inc. (FCAM), and all SEC registered investment advisers. Certain brokerage and advisory products and services may not be available from all investment professionals, in all jurisdictions, or to all investors. Insurance products are offered through FCIS, a licensed insurance agency. Banking, lending, trust products and services, and certain insurance products are offered by First-Citizens Bank & Trust Company, Member FDIC, and an Equal Housing Lender , and First Citizens Delaware Trust Company.

All loans provided by First-Citizens Bank & Trust Company are subject to underwriting, credit, and collateral approval. Financing availability may vary by state. Restrictions may apply. All information contained herein is for informational purposes only and no guarantee is expressed or implied. Rates, terms, programs, and underwriting policies are subject to change without notice. This is not a commitment to lend. Terms and conditions apply. NMLSR ID 503941

Bank deposit products are offered by First-Citizens Bank. Member FDIC and an Equal Housing Lender.

Back to top
You are now leaving First Citizens Innovation Banking

You will be directed to a different website or mobile app that has its own terms of use, visitor agreement, security and privacy policies. First Citizens Innovation Banking is not responsible for (and does not provide) any products, services or content at the third party site or app, except for the products and services that carry the First Citizens Innovation Banking name.