Peabody Energy has selected Triple Point’s Commodity XL for hedge accounting and fair value disclosure. Peabody will use Commodity XL to assist in meeting the regulatory requirements related to FAS 133, FAS 157 and FAS 161 for its hedging activities across foreign exchange (FX), interest rates (IR) and energy commodities.
Peabody Energy is the world’s largest private-sector coal company, booking 2008 sales of 256 million tons of coal and US$6.6bn in revenues. The energy company’s coal products fuel 10% of all US electricity generation and 2% of worldwide generation.
The energy company’s selection of Commodity XL follows Triple Point’s recent announcement of an integrated software solution for FX, IR and commodity hedge accounting and fair value disclosure.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more