02:18 PM
Compliance Newsflashes
Trema Introduces New Hedge Accounting Module
Trema, a provider of strategic-software solutions for the financial industry, has launched an enhanced Hedge Accounting Module. The solution is designed to allow corporate and financial institutions to "effectively support" the hedge accounting and reporting complexities introduced by IAS 32/39, as well as FAS 133/138.
Under the laws, companies are required to record derivative positions on the balance sheet, which may heavily affect P&L volatility. With the new module, the entire hedge accounting process can be efficiently managed automatically, from the creation of fair value calculation through to hedge effectiveness and the formation of accounting entries. The module is the first comprehensive system available to assist clients with the increased hedge fund accounting burdens, and it responds to fair value accounting regulations in the new and existing laws.