Consulting

Castle Currency can fully manage your risk exposure, or we can develop a suitable and understandable plan you can manage. 
 
Because both the potential upside of proper currency management can be significant, and the risk associated with doing nothing can seriously compromise the well being of a business, the “do nothing” or “all or nothing” approaches are not the prudent thing to do.  Choosing Castle is.
 
Castle Currency can help your company improve your bottom line. 
 

• Step 1 Analyze Currency Risk

 
Risk Analysis
Conducting business internationally in which foreign currencies are used automatically creates risks to businesses.  Businesses can even have currency risks without … read more
 
Sensitivity Analysis
Does your company know exactly how it would be affected should the dollar strengthen or weaken significantly?  What would happen … read more
 
Risk Audits
Castle Currency can provide risk audits on existing Currency Management Plans, company operations, company financials, including … read more
 
 

• Step 2  Develop a Plan

 
Currency Management Plan
A good Currency Management Plan (CMP) is critical to the sound risk management for any business and is paramount to ensure the successful implementation… read more
 
Centralized Forex Desk
Corporations with multiple branches and offices face additional challenges when it comes to foreign currency exchange and risk management.  Castle Currency … read more
 
Training
Castle Currency team will offer training of decision-makers and staff as it relates to currency risk management responsibilities.  The training facilitator… read more
 
 

• Step 3  Implement Strategies

 
Budgeting Currency to Margins
To be most effective currency risk management strategies should be used coupled with the annual or multiyear budgets, profit margin targets… read more
 
Fully Managed Services
Though important, and likely to have significant effects on your bottom line, currency risk management is the most frequently overlooked and undermanaged area of many businesses.  Most companies… read more
 
 

• Step 4  Measure Results

 
Benchmarking
Any plan is only as good as its results. The adage, “you can’t measure what you don’t know” is a key to any good risk management practices… read more
 
Reporting
Executed hedges and account statements require verification to ensure proper execution and allocation.  Support services are provided in this function, acting as a “double check… read more