FiREapps Launches Latest Version of Its Award-Winning FX Exposure Management Platform

SCOTTSDALE, Ariz., March 5, 2014 /PRNewswire/ -- FiREapps, the leader in foreign exchange exposure management solutions, announced today the latest release of its award-winning cloud-based FX Exposure Management platform. With this release, FiREapps confirms its position as a trailblazer in the FX exposure management space with new functionality and enhancements, allowing clients to achieve even more management efficiencies than ever before.

New features within the release include: enhanced and streamlined downstream systems integration; easier access to tailored analytics (including the ability to switch easily between exposure, risk and balance views); improved workflow and collaboration for decentralized exposure management processes, and enhanced security and controls that comply with US-EU and US-Swiss Safe Harbor Principles.

"Currency volatility is coming from all around the world these days, and corporations need all of the advantages available to efficiently access and analyze currency exposure in order to effectively manage a large number of currency pairs," said Wolfgang Koester, CEO of FiREapps. "With the recent enhancements to our solution, we make it easier yet for our clients to gain the clarity required to manage currency impacts to below the industry benchmark of $.01 EPS."

About FiREapps

FiREapps is the leader in foreign exchange exposure management solutions. For over a decade, the company has helped global leaders eliminate FX surprises, reduce transaction costs and increase operational efficiencies. Multinational corporates of all sizes and industries including 75% of top technology distributors, 60% of top pharmaceutical manufacturers, and 40% of top Internet service providers trust FiREapps to identify, analyze and manage FX risk to within the industry benchmark of $.01 EPS. They have offices in New York, Chicago, Portland, and San Francisco, and are headquartered in Scottsdale, AZ. For more information, go to www.fireapps.com.

CONTACT: Joanna LeBlang, +1 480-443-7333 X159,  [email protected]  

SOURCE FiREapps