FiREapps Winter Release Featuring the Brand New FiREapps FlexEngine™

SCOTTSDALE, Ariz., Nov. 3, 2014 /PRNewswire/ -- FiREapps, the industry leader in big data analytics for corporate foreign exchange, is announcing today, its Winter Release featuring an enhanced analytical engine: the FiREapps FlexEngine™ and additional enhancements in workflow and automation. The addition of the FlexEngine™ brings to market unprecedented flexibility with which to model, analyze and manage exposure for corporate FX management.

With the Winter Release, FiREapps suite of exposure management analytics and tools have enhanced capabilities for modeling and managing exposure along an expanded set of corporate and user-defined dimensions (line of business, geography, cost center, etc.) giving Treasury and Finance teams the ability to dissect and analyze exposure within the context of their unique business operations.

"Corporate FX has evolved tremendously since we entered the market, and we have seen an increased appetite for big data analytics across a broader range of analytical dimensions as the access to detailed currency data is made more accessible to an expanding group of finance and risk management decision makers.  This release responds directly to that demand and we have already seen great acceptance for the new functionality from the market" said FiREapps CEO, Wolfgang Koester.

In addition to its recent announcement that FiREapps Extract 3.0, FiREapps' exposure extract tool has achieved SAP certification as powered by the SAP NetWeaver® technology platform, FiREapps is announcing further commitment to facilitating FX exposure management straight-through-processing by adding automated integration with the 360T trading platform.

The 360T integration enhances FiREapps existing suite of multi and single bank trading platform integration solutions that include with connectivity with FXall™ and single bank platforms such as those provided by Deutsche Bank. "FiREapps integration with FXall has enabled us to further improve our FX exposure management efficiency and controls," said Greg LaMastus, Global Risk Manager, Owens Corning Corporation.

As part of the Winter Release, FiREapps is also announcing a suite of new solution packages of its market-leading foreign exchange and currency analytics. Each package is tailored to meet the needs of treasury and finance teams depending on the stage, scale, focus and complexity of their corporate FX programs. To learn more, please visit our website at FiREapps.com or stop by Booth 2237 if you will be in attendance at the AFP 2014 conference.

About FiREapps
FiREapps is the leader in big data analytics for corporate foreign exchange. For more than 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 rely on FiREapps technology to identify, analyze and manage FX risk to within the industry benchmark of $.01 EPS. FiREapps is headquartered in Scottsdale, AZ, with offices in New York, Portland and San Francisco.

SOURCE FiREapps

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