Foreign Exchanges
Foreign Exchange & Risk Management
While this risk can’t be negated completely, Jack Filled can identify a client’s currency exposure and deliver customized hedging solutions accordingly. Users can also set standing orders to buy and sell currency at a pre-specified rate. This ensures profit margins are protected while enabling clients to achieve their objectives. Whether they be:
- Managing international invoices
- Protecting profit margins
- Importing or exporting
- Foreign currency investments
- Foreign currency borrowings
Jack Filled experts collaborate with you to identify risks and minimize the impact of exchange rate fluctuations on your business.
Jack Filled creates customized strategies and solutions tailored to your specific requirements and risk tolerances.
Strategic solutions developed across time zones and markets make sure you have up-to-date insights when making decisions about your currency dealings.
To help you grow your business and manage your currency exposures, Jack Filled Foreign Exchange has a wide selection of products including spot, forward contracts & orders with access to over 170 global currencies.
Dedicated relationship managers keep our clients well informed and help them effectively manage their currency needs whether; paying invoices in a foreign currency, funding foreign operations, or receiving foreign payments.
Jack Filled Payment Solutions, LLC is a licensed Money Transmitter by the New York State of Financial Services.
Risk Management Approach
Our approach is to ensure that your business identifies risk, create a strategy to manage it effectively, execute the strategy with you and continually monitor the strategy with you to ensure that it remains suitable and meets your ongoing needs.
Identify Risk
- Determine your business’ currency exposure and potential impact on cash flows and liquidity
Execute
- Delivering on the hedging solution by executing the trades consistent with your strategy
Business Objectives
- Protecting a specific foreign exchange budgeted rate
- Sensitivity analysis and the impact of exchange rate moves on your bottom line
Monitor and Review
- Regular and ongoing performance evaluation of your hedge
Strategy
- Selecting suitable hedging tools to achieve your objectives and protect profit
Recalibrate
- Your needs change and evolve and markets move. We help your business recalibrate the risk management strategy as needed