TreasurUp has visited several Rabobank clients in Australia in September 2018.
The goal was to learn how corporates hedge their foreign currency exposures in that part of the world. The team spoke with CFO’s and controllers of corporates active in the fishery industry, meat processing, grain production & trading and grass seeds. These were both mid and large cap corporates.
As predicted, there were lots of similarities, but also differences. And the latter are important to take into account when rolling out TreasurUp in Australia and New Zealand.
The team has gone home with some homework and will start developing the specific features that clients in this part of the world need. The scheduled roll out is early 2019.