Systems and Methods for Foreign Exchange Risk Management

A system comprising:

• a balance sheet forecast calculation module configured to forecast a foreign exchange exposure for a first period of time, forecast a foreign exchange exposure for a second period of time, the second period of time comprising a termination date of the first period of time and a termination date of the second period of time, hedge risk of the foreign exchange exposure for the second period of time, the hedge being based on the forecasts of the foreign exchange exposure for the first and second periods of time, wherein the hedging is performed utilizing currency contracts with a single maturity date in a single month, hedge changes in foreign exchange exposure that result from changes in the forecast of the foreign exchange exposure for the second period of time, wherein the hedge is performed utilizing currency contracts with the single maturity date in the single month;
• an FX contract retrieval module configured to retrieve information in real-time from a database of foreign currency contracts to confirm that the risk based on the forecast of the foreign exchange exposure for the second period of time has been hedged;
• and
• a display configured to display a comparison of results of hedging with results of accounting from enterprise resource planning (ERP) system.

A non-transitory computer readable medium comprising instructions executable by a processor to perform a method, the method comprising:

• forecasting a foreign exchange exposure for a first period of time;
• forecasting a foreign exchange exposure for a second period of time, the second period of time comprising a termination date of the first period of time and a termination date of the second period of time;
• hedging risk of the foreign exchange exposure for the second period of time, the hedging based on the forecasts of the foreign exchange exposure for the first and second periods of time, wherein the hedging is performed utilizing currency contracts with a single maturity date in a single month;
• retrieving information in real-time from a database of foreign currency contracts to confirm that the risk based on the forecast of the foreign exchange exposure for the second period of time has been hedged;
• monitoring changes in foreign exchange exposure that alter the forecasting of the foreign exchange exposure for the second period of time;
• hedging changes in foreign exchange exposure that may result from changes in the forecast of the foreign exchange exposure for the second period of time, wherein the hedging is performed utilizing currency contracts with the single maturity date in the single month;
• and
• displaying a comparison of results of hedging with results of accounting from enterprise resource planning (ERP) system.