For Corporate Treasury Risk Management, Pyxis offers a range of services and products. Its offering includes:

• Create Risk Management Policy / Framework
• Design hedging strategy based on Risk Management Policy
• Manage and monitor market risk
• Systems for pricing & valuation of covers (FX Forward, Options, IR & CC swaps etc)
• Systems for exposure management
• Define process and deploy systems for exposure / risk recognition and for ensuring adherence to hedging program and compliance
• Assist in enabling companies on new derivative accounting norms (referred to as Hedge accounting)
• Independent valuation of OTC derivative portfolio for fair value reporting and hedge effectiveness testing

The corporate today need quick access to the financial information including cash, funding and also they need a real time visibility of their global liquidity. But in many cases, these information demand from senior management do not typically get quick turn around due to lack of proper technology within treasury.

As per a survey done by a leading research firm on the wall street, it was noticed that most companies manually manage counterparty risk, market risk and other critical financial processes within treasury on an ad hoc basis. The findings also revealed that approximately 90% of the companies use spreadsheets or other non-automated tools to manage cash flow forecasting and other treasury functions.

Pyxis provides solutions to help corporate in further optimizing treasury operations brining them in line best practises and aligning them with the compliance requirements. These solutions help corporates:

• Assist in managing the hedging program including the risk management framework and related controls
• Centrally manage estimated and actual exposures arising out business and funding activities and specify required realization/payment levels for forex cash flows
• Capture cash and derivative cover trades undertaken for managing risk arsing out of exposures
• Manage exposure (hedged item) and cover (hedging instrument) associations to track covered as well as open market positions
• Provide visibility of all actual and projected cash flows based on probable realization levels
• Monitor treasury operations profitability and generate comparatives for required and actual/projected realizations
• Allocate hedging cost to individual exposures to assess profit/loss distinctly
• Monitor positions and market rates on a real time basis
• Generate reports on real time basis for mark to market of covers, P&L reports for exposures, coverage ratio assessment etc.
• Achieving AS 30 compliance through extensive documentation and effectiveness testing using multiple methods for generating relevant accounting numbers (allocation to OCI and profit and loss statement)

These solutions enable senior management to keep an ‘eagle-eye’ view on their financial risks and assist in taking appropriate actions before the risk becomes too large to manage.  These solutions also help evolve corporate treasury into strategic advisor for the top management.

Pyxis Systems is one of the rare companies originating out of India with focus on risk management and derivatives consulting & technology. Its understanding of risk management combined with the technology sets it apart from other IT / Consulting firms and this has resulted in Pyxis acquiring bulge bracket banks/ Indian banks / FIs and Corporates as its clients.

Pyxis offering for the corporate treasury risk management is as follows:

Pyxis has worked with many large and SME corporates and their Auditors and has added a significant value to the risk management space.

Pyxis is a training focused organization and has a pool of people form top schools like IITS & IIMs with globally accepted delivery standards.