Start with
the exposure.
Currency movements can affect costs, revenues, margins and cash flow.
Understand where you’re exposed.
When it matters.
And what the business needs to protect.


The rate is one part.
You can't control how currency markets move.
What a business can control is how exposed it chooses to be.
FORM looks at what those movements mean for costs, margins, cash flow and future commitments - not simply where the market is today.

From risk
to action.
Understanding the exposure is only the start.
​
The strategy is shaped by how much certainty the business needs, where flexibility matters and how far ahead it makes sense to act.
​
The business sets the parameters.
The strategy follows.
SPOT • FORWARDS • STRATEGY • EXECUTION

Our approach.
UNDERSTAND
Define the exposure.
Currencies. Amounts. Timing. Budget rates. Cash flows.
PLAN
Set the parameters.
Objectives. Risk appetite. Hedge horizon. Policy.
ACT
Put the strategy to work.
Spot. Forwards. Hedge ratios. Timing. Maturities.
​
REVIEW
Keep the strategy relevant.
Exposure. Performance. Market movement. Business change.


