Publications

Latest Posts

FX Balance Sheet Hedging: Providing Value by Protecting Value

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Providing Value This May marked eight years since I started working at GPS as an FX Advisor. I have become increasingly grateful I made the decision to go into FX, as the field has become more important for many businesses bracing against market volatility over the last few years. Shortly after I started my position […]

GPS Capital Markets CEO Gives Companywide 2nd Quarter Update

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SALT LAKE CITY, July 24, 2024 (GLOBE NEWSWIRE) — GPS Capital Markets, LLC, a leading fintech firm offering corporate foreign exchange services, received a companywide update from the company’s CEO regarding the 2nd quarter matters of GPS. The CEO quarterly updates for GPS Capital Markets provide employees with company highlights and news, and recognition of […]

International Entertainment Company Substantially Reduces FX Risk with GPS’ Cash Flow Hedging Expertise

An industry-leading international entertainment company with annual revenues of $900 million operates with a significant presence in over 20 countries, with the European group dealing with five currencies due to its inflows and outflows from operations. Despite their robust market position, the company struggled with managing currency fluctuations and forecasting cash flows accurately in their […]

How Finance Roles Use FX Software for Transparency and Efficacy

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                    In the world of corporate finance, proficiency in foreign exchange (FX) software can bridge gaps and create a financial environment of maximum transparency. Notable figures like Ray Dalio, the founder of Bridgewater Associates—the largest hedge fund in the world with over $150 billion in assets—have […]

Choosing the Right Financial Strategy: Intercompany Netting vs. In-House Banking

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If you seek to optimize your organization’s financial obligations across subsidiary entities, understanding the concept of intercompany netting is essential. This method involves offsetting mutual payables and receivables among different entities within the same group, aiming to minimize the actual funds transferred between parties. When you master the intricacies of intercompany netting, including its operational […]

GPS Capital Markets Enters into Agreement to Be Acquired by Corpay

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SALT LAKE CITY, June 19, 2024 (GLOBE NEWSWIRE) — GPS Capital Markets, LLC, a leading fintech firm offering corporate foreign exchange services, announced entering into a definitive agreement to be acquired by Corpay, Inc. (NYSE: CPAY), a leading corporate payments company. This acquisition will bring tremendous benefits to GPS Capital Markets clients, including enhanced delivery […]

GPS + Corpay Announcement

  June 19, 2024   Today, I’m excited to announce that GPS Capital Markets has entered into an agreement in which Corpay, Inc. (NYSE: CPAY), a prominent global provider of employee expense management and corporate payments solutions, will purchase 100% of GPS Capital. As part of this agreement, GPS will become part of Corpay Cross-Border, […]

FX Market Brief: June 2024

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The European Central Bank is now done with its hiking campaign with the current deposit rate at 4% – underlying inflation is smoothing, and the headline print is lowering towards the 2% target. Additionally, activity surveys across various sectors show a significant deterioration and diminishing credit availability.