Case Study: Align Technology achieves simplified, analytics-driven FX hedging and reduced costs with Kyriba

Align Technology FX Hedging Program in Alignment with Senior Management’s Goals

Align Technology, a global medical device manufacturer with roughly $4 billion in annual revenue and 22,000+ employees, faced limited visibility into FX exposures and fragmented regional processes. A daily rate environment, multiple accounting platforms, and manual phone-based FX trades made accurate analysis difficult, increased complexity, and led to rate loss and non-competitive bids.

Working with Kyriba and Refinitiv FXall, Align moved to a monthly-rate hedging program, integrated Kyriba FX with SAP, implemented data integrity analysis, and introduced regional scorecards and FXall trading for competitive pricing. The changes automated and streamlined end-to-end data flows, eliminated spreadsheets and manual inputs, improved forecast accuracy and exposure visibility, and lowered the overall cost of hedging while restoring senior management confidence.

Align Technology

Laura Fisher

Financial Risk Management