Dublin, Feb. 10, 2026 (GLOBE NEWSWIRE) -- The "Advanced FX Hedging Strategies & FX Integration in ERM" training has been added to ResearchAndMarkets.com's offering.
This full day workshop provides a comprehensive overview of advanced Foreign Exchange (FX) Risk management including sophisticated Hedging strategies, from foundational concepts to complex hedging needs, and key regulatory/strategic challenges faced by Risk Managers and portfolio managers. The course investigates the limitations of vanilla strategies and provides sophisticated instruments and frameworks necessary for effective risk mitigation in today's volatile markets.
The workshop provides an overview of the advanced techniques within the current regulatory and accounting landscape, clarifying the impact of IFRS 9, ASC 815, and Basel III/IV on hedging program design and effectiveness assessment. The session includes worked examples and case studies for advanced hedging instruments, moving beyond Forward based vanilla hedging to analyse the strategic application of structured products - such as participating forwards, seagulls, and barrier options - for cost reduction, yield enhancement, and tailored risk exposure. Practical quantitative exercises help delegates with tools to evaluate the payoff profiles, risks, and true cost of these complex structures.
The workshop focuses on integrating FX risk into a holistic enterprise risk management (ERM) framework. The course describes currency overlay programs, hedge optimization for multi-currency portfolios and illiquid assets, and advanced performance attribution to separate hedging cost from currency alpha. Delegates are introduced to rigorous methodologies for risk budgeting, stress testing, and scenario analysis to prepare for market dislocations.
Specialized topics such as Emerging Market/NDF hedging and considerations for specific institutional types like family offices and insurers are described with industry examples and case studies, ensuring relevant and actionable insights for all attendees. Delegates will gain advanced knowledge and analytical frameworks required to design, implement, and oversee robust, strategic, and defensible FX risk management programs.
Key Topics Covered:
Background & Regulatory Landscape
The evolving FX Risk Operating Model from transaction exposures to holistic balance sheet and strategic risk
- Regulatory Frameworks & Accounting Standards
IFRS 9 / ASC 815 hedge accounting complexities
- Basel III/IV implications for banking book vs. trading book FX
- EMIR, Dodd-Frank & margining requirements for derivatives
Case Study: Implementing a hedge accounting framework for a multi-currency bond issuance
Advanced Hedging Instruments & Structures
From Vanilla Hedging to Structured forwards (participating, forward extra, accumulators), seagulls, cylinders
- Optionality Strategies:
Cost reduction strategies with barrier options (KO, KI, DNT)
- Dynamic hedging with variance swaps and volatility derivatives
- Corridor forwards and layered option programs
Worked Example: Pricing and risk metrics for exotic structures
- Practical Exercise: Selecting structures for specific corporate treasury/portfolio hedging needs
FX Risk in Integrated Risk Management
Portfolio & Asset-Liability Management (ALM) Perspective:
Currency overlay programs for asset managers and insurers
- Hedging embedded FX in multi-currency portfolios (equities, fixed income, alternatives)
- Managing FX in illiquid assets (private equity, real estate, infrastructure)
Risk Budgeting & Performance Attribution:
FX alpha vs. hedging cost
- Tracking error and VaR/CVaR constraints
- Scenario analysis & stress testing for tail events (e.g., CHF unpeg, GBP flash crash)
Quantitative Approaches & Hedge Optimisation
Hedge Ratio Optimisation:
Minimum variance, mean-CVaR, and utility-based approaches
- Regression techniques and parameter instability challenges
Machine Learning Applications:
Predicting hedge effectiveness and basis risk
- Natural language processing for geopolitical risk assessment
Cost-Benefit & Execution Analysis:
Liquidity considerations and market impact
- Centralized vs. decentralized hedging execution
- TCA (Transaction Cost Analysis) for FX derivatives
Key Complexities & Horizon Scanning
Emerging Market & Non-Deliverable Forward (NDF) Hedging: Liquidity, documentation, and roll risk
- Crypto-Fiat Crosses & Digital Asset Hedging
- Family Office & Insurance-Specific Considerations: Multi-generational hedging, currency portfolios as a strategic asset
- New products, venues, and strategies within FX Risk Management
Speaker
The Training Director is a successful industry expert and program director with over 20 years of experience leading successful multi-disciplinary initiatives to achieve regulatory compliance and strengthen performance for asset managers, wealth managers, hedge funds, insurers, banks and brokerages. Subbu specialises in Asset Management Target Operating Model and Governance; sophisticated portfolio management and Structuring strategies, Risk Management and Yield enhancement within the Investment Management product lifecycle.
He has led numerous strategic initiatives with firms such as Ruffer, Barclays, HSBC, Deutsche Bank, M&G and T Rowe Price.
He is a member of industry associations such as the Investment Association, Irish Funds, ALFI and AIMA. He is also a member and advisor of Industry association committees for regulatory consultations with bodies such as ESMA, FCA, PRA/Bank of England and SEC.
For more information about this training visit https://www.researchandmarkets.com/r/rqpa70
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
