FAS Tracker

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Overview

FASTracker is an integrated derivative accounting software package that provides straight-through processing of derivative accounting processes, from documenting accounting policies and hedging relationships to automating journal entries. It is designed to conform to FAS 133 & IFRS 9 (IAS 39) accounting standards and FAS 157 & IFRS 7 disclosure requirements.

Developed by experienced industry professionals, FASTracker supports both hedge and fair value (MTM) accounting and the netting of assets and liabilities. FASTracker is powered by the Financial and Regulatory Risk Management System (FARRMS), which provides a leading-edge integrated platform for mitigating financial and regulatory risks.

Key Features

FASTracker supports the following:

  • Accounting strategy documentation and set up
  • Designation, de-designation and re-designation of hedges
  • Assessment of hedge effectiveness
  • Measurement of hedge effectiveness
  • GL Posting
  • Reporting 

Product/Service details

User Suitability (Capital Markets & Investment)
Asset Managers, Trading firms