More NewsTriple Point Technology Launches Hedge Accounting Solution

Triple Point Technology Launches Hedge Accounting Solution

Triple Point Technology has launched a treasury management and regulatory compliance suite. Commodity XL for Hedge Accounting is a hedge accounting software package that is integrated with the company’s commodity trading and risk management platform. Triple Point says that it meets Sarbanes-Oxley, FAS 133, IAS 39, SAS 133, CICA 3865 and AASB 139 regulatory compliance requirements. The company claims that the integration between the solution’s trading, risk management and hedge accounting function eliminates data silos and redundant data input, providing accessibility of information throughout the organisation. Saving trades in a single data repository ensures ‘one version of the truth’ across the organisation and can eliminate errors from re-keying hedge information into spreadsheets or point applications. The integration also provides information to accounting systems for accurate updates of financial statements.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

6m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha