Scopri i segreti di un programma di copertura a lungo termine che mantiene i prezzi stabili
in qualsiasi scenario FX
Guarda ora

Glossary

Navigate the complex world of currency management with our comprehensive dictionary of financial terms and definitions.

Decentralised Treasury

Decentralised Treasury is the system of financial management used by international companies with subsidiaries, in which funding activities, investment and foreign exchange decisions are made by local treasurers instead of one centrally located treasury team. From a foreign exchange risk management perspective, the main argument in favour of decentralised treasury is that it allows the firm to leverage valuable knowledge that only local treasurers can take advantage of. Detractors of decentralised treasury argue that it hinders exposure netting possibilities, thereby forcing the firm to execute unnecessary hedging.