“We knew that there is a diversification benefit among our commodity and currency exposures,” says Dennis Tosh, director of global trading and automotive risk management. “But we didn’t have a robust process or system that could measure it and give us a more realistic view of our net exposures. Now we do.”
To get to that vision, “we needed a comprehensive and integrated system,” Tosh says. After evaluating several solutions, Ford concluded the best source was Reval, software already used by Ford for hedge accounting compliance and hedge valuation.