New York Cash Exchange (NYCE) June 1–3, 2016 New York, NY, USA: NYCE: On June 1st, Chatham Financial, along with Ortho Clinical Diagnostics, will be presenting “Tired of the FX Surprises? Leading Practices in Developing an FX Hedging Program” at 4pm in the Murray Hill East Room at the 34th Annual New York Cash Exchange Conference at the Hilton, New York, NY. We will also be exhibiting (Booth 112). New York Cash Exchange (NYCE).

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ACT UK Annual Conference May 18–20, 2016 Liverpool, UK: Chatham will be speaking and exhibiting at the upcoming ACT Annual Conference. On Friday, 20 May 2016 at 9:20 am, Chatham’s Victoria Bell and Kern Roberts will be presenting on “What keeps the Treasurer up at night? Balancing risk management in the current environment.” We will be in the exhibit hall at Booth 39. We hope to see you there! Learn more here: ACT Annual Conference 2016 On Twitter? Use #actac16 to get more information.

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New England AFP May 2–4, 2016 Uncasville, CT, USA: New England AFP: Chatham’s Megan Bloxom will give the session “Current Markets are Volatile; Leading Practices to Manage the Impact to Financial Statements” on Wednesday, May 4th at 10:45am at New England AFP’s Annual Conference for finance and treasury professionals. This year’s conference is being held at the Mohegan Sun Convention Center in Uncasville, CT. New England AFP – Mohegan Sun Convention Center.

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The human ear can only simultaneously comprehend two, or at most three, distinct melodies. Even renowned classical composers generally don’t aspire to create pieces that exceed this number of tunes played concurrently – the sheer volume of melodic combinations renders it unthinkable to write coherent music. The single glorious exception in history is the final movement of Wolfgang Amadeus Mozart’s final symphony, popularly called the Jupiter symphony. In this stunning tour de force of musical composition, Mozart introduces five separate musical themes, then closes with a fugato counterpoint in which all five play simultaneously. The result is not discordant but stirring and sonorous, even as themes frolic about from strings to horns to woodwinds at a pace the human mind cannot possibly focus on or comprehend. Harvard musicologist Robert Levin told NPR about the symphony’s finale: “At the very end,…

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Derivatives Regulation Case Study: Regulatory Compliance Assessment Our Client: A Fortune 100 technology company with international operations and multiple hedging programs involving exchange-traded and over-the-counter (OTC) derivatives across different asset classes, including foreign exchange, interest rates, and credit. Situation: The company was concerned about the impact of new derivatives regulations on its hedging programs, including how the parent company and numerous subsidiaries might be classified under Title VII, what new regulatory requirements might apply, and the extent to which hedging costs may increase due to new regulatory requirements. The client’s hedging programs spanned multiple global regulatory jurisdictions and included several different entities including both financial and nonfinancial entities. Summary: Chatham conducted an in-depth review of the hedging programs, spending two days onsite at the client’s premises to interview stakeholders within the company, including representatives from treasury, risk, operations, legal, and…

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Commodity Risk Management When a company has exposure to commodities, it must decide how to manage the financial risk associated with price movement. Commodity risk is complicated and responsibility for mitigating risk can fall across disparate departments like procurement, treasury, and supply chain. Nonetheless, with an effective risk management program, companies can gain a consolidated view of their risk and significant benefits in the form of reduced volatility and improved forecasting. Understanding market swings, quantifying net exposures, valuing hedges, and determining applications for hedge accounting all work toward establishing a firm handle on the risks and how to effectively manage them. Chatham Financial understands the dynamic and operational elements associated with commodity risk. We work with treasury, supply chain and procurement teams, providing structure and processes based on our deep market knowledge and years of hedging experience. We support companies…

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As the person most responsible for improving the overall financial performance of your organization, risk management is among your many priorities. Chatham has assisted thousands of CFOs with everything from validating the effectiveness of their existing hedging programs to quantifying risk and implementing new programs. We help connect the dots enabling CFOs to see their risk holistically across both treasury and accounting. We work with companies of all sizes to develop tailored solutions for short-term needs and that set the stage for long term success. We recognize the desire to avoid unwanted surprises and compliance problems. That’s why Chatham puts more science behind your existing or new program, as well as the technology that puts accurate information at your fingertips and gives you financial peace of mind in navigating new hedge accounting regulations.

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Reducing risk of commodity exposures Whether a company’s risks are related to fuel, metals or other materials, hedging commodities continues to gather more attention. Commodity risk is complicated, available tools are advancing, and responsibility for mitigating risk can fall across disparate departments like procurement, treasury and supply chain. With an effective risk management program, companies can consolidate their view of risk and the benefits that can be derived from reduced volatility and improved forecasting. By understanding market swings and correlations, quantifying net exposures, valuing hedges and applying hedge accounting, a more effective risk management strategy can be established. How Chatham helps reduce commodity-exposure risk Comprehensive Approach: Chatham looks at commodity risk holistically, evaluating correlations by commodities and currencies. Because many dynamics are involved in commodities, some companies need greater structure and process in reaching timely decisions. Others need technology applications…

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President Obama this week issued an executive order that would, in his words, “[make] it our mission to root out regulations that conflict, that are not worth the cost, or that are just plain dumb.” He observed that “regulations do have costs” and that “we have to make tough decisions about whether those costs are necessary.” As we have now for months been engaged in the regulatory rulemaking process, we have a keen appreciation for this Presidential initiative. At the same time, however, we note that the President’s executive order has no force or effect on independent agencies such as the CFTC, SEC and Federal Reserve, who are hard at work writing hundreds of pages of rules delegated to them by Congress as part of financial legislation. Despite the limited reach of the order, we appreciate its sentiments and are…

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