FINCAD
36 Case Studies
A FINCAD Case Study
Etrion Corporation, an independent solar power producer based in Geneva with 60 MW of operational capacity in Italy, needed to manage significant interest-rate risk on projects often leveraged up to 90% and financed with long-term non‑recourse loans. Outsourcing hedge accounting to consultants proved costly, slow and left the company with limited internal control, and spreadsheets were inadequate for prospective and retrospective hedge tests—so Etrion turned to FINCAD’s Hedge Accounting Insight.
FINCAD’s Hedge Accounting Insight was implemented in‑house to automate valuations, schedule calculations and generate audit-ready reports for interest rate swaps, allowing Etrion to run the hedge accounting process itself. With FINCAD, Etrion cut consultant spend to a fraction of prior costs, receives required reports by the day after quarter end, regained control and auditability of the process, and can scale its hedging program without adding time or complexity.
David Ramirez
External Reporting Manager