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FXpress Corp., the treasury and risk management software provider, has released a timely set of enhancements to its FIRST Web-based treasury workstation for corporate finance departments struggling to establish a compliance plan under FAS 157 and FAS 159. With the release of FIRST F7, corporate finance departments have a new way to apply the fair value methodologies to the full range of financial asset classes–from f/x derivatives to commodities, fixed income and interest rate derivatives–and automate their disclosures.

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