Bloomberg announced that Arca Continental (AC) has begun using Multi-Asset Risk Solutions (MARS) to improve hedging efficiency and refine exposure management to aluminum prices, currencies, and interest rates.
AC, the second largest Coca-Cola bottler in the Americas, has implemented MARS Hedge Accounting to analyze hedging quickly and efficiently. Thanks to this solution, the company now has transparent and independent valuations, as well as on-demand volatility analysis to measure its risk exposure. This allows it to verify its positions in real time and optimize its strategic planning.
Felipe Barquin, Treasury Manager at AC, mentioned: "We needed a solution that could handle all of our hedging transactions and provide real-time valuations." Additionally, Rachid Lassoued, Global Director of Financial Engineering and Risk at Bloomberg, noted that AC has experienced significant growth over the last decade and required a reliable and scalable solution to adapt to changing markets.
MARS enables traders, portfolio managers, and risk managers to manage various types of risks such as market risk, counterparty risk, credit risk, and hedge accounting, among others, using a common library of prices and data for greater consistency across the process.
