Why, in periods of high FX volatility, selecting a hedging instrument is not enough—and how to build a structured FX-risk management system. Which metrics to use for daily monitoring, how to match instruments to specific risk types and liquidity constraints, and what management lessons can be drawn from hedging failures at major banks.
Why the shift to 24/7 and instant settlement breaks not technology first, but the operating model itself: where liquidity actually sits, who has the full picture, how value dates work — and what happens if the payment rails have to be stopped.
Treasury. Interest rate risk (IRR). FTP. BP01. NII and NIM. Cost of Funds (CoF). Refixing risk (rate reset dates). P/L and Risk Limits. Swaps and shift fixings. Balance sheet management.
