foreign exchange nostro projection
1Foreign exchange risk — (exchange rate risk) Risk that the market value of the bank, measured in the base currency, is exposed to fluctuations in foreign exchange rates. This risk is quantified by the open currency position. The related standard reports are: • Open… …
2Foreign exchange risk analysis on foreign currency interest report — A standard position report which analyses the foreign exchange risk on interest by comparing defined risks with costs and expenses. It gives a total cumulative mismatch for the foreign exchange risk as well as a mismatch for each individual… …
3Nostro projection — Related position is the Dummy Position for Nostro Projection See also Position, position administration tables, Standard position codes, Combined position code, Risk management, Foreign exchange risk, Forex, Open currency position, Mismatch,… …
4Risk management — Risk management is the management that is engaged in the control and monitor the risks of the bank. They must be aware of the exposure of the bank as a whole at any time. The following reports exist to manage the following risks (created by… …
5Department Management/Reconciliation reports — Reports include: Cheques with extended clearing date Confirmation of cheque clearing date Country exposure versus limits Customer daily position Dormant/stagnant/unclaimed accounts Doubtful debtors Exception report on movement of… …
6Open currency position — The sum of the open currency spot position and the open currency forward position, being the measure of the foreign exchange risk. The open currency position is the difference between balance assets and liabilities in foreign currency plus… …
7Liquidity risk — The risk of non availability of sufficient liquidity to meet cash flow requirements on a certain date in the future including today (having sufficient available or inflow of funds to accommodate outflow of funds). Also known as funding risk.… …
8Standard position codes — The following position codes are standard: Open currency positions Open Currency Position per Currency. Open Currency Position per Currency Group. Total Open Currency Position. Mismatch positions Overall Mismatch Position Spot.… …
9Open currency position report — The open currency position report gives information about the open currency position (OCP) per currency, OCP per currency group and the total OCP. The open currency position is the measure of foreign exchange risk. It is the difference between… …
10Forex book — The sub administration of the bank in which foreign exchange transactions are recorded per currency of which results are calculated on a revaluation basis. The (forward) mismatch position is the net cumulative cash flow, i.e. difference… …
