FiREapps: FiREapps Expands Software Beyond FX Risk

FiREapps, a firm that provides technology to corporates that enables them to automate the analysis and management of currency data and exposures, has expanded its software offering from currency risk management to enterprise currency management (ECM). ECM solutions enable treasury and finance professionals to assess, mitigate and report currency impacts on corporate financial statements and results. But FiREapps says that what is more important than this is that the latest ECM solutions give financial planning and analysis (FP&A), supply chain and other finance professionals access to a common currency data platform that can be used to help avoid currency impacts, set and manage expectations of how currencies impact the business and make it easier to quickly and confidently answer currency-related questions from stakeholders.