Case Study: Bio-Rad achieves more efficient FX hedging with Kyriba

Empowering global leaders to optimize FX management

Bio-Rad, a global life sciences and diagnostics leader, struggled with FX management because legacy systems and manual processes made it difficult to collect accurate exposure data, create actionable hedges, and plan ahead. Working with Kyriba and its liquidity performance platform, the treasury team was forced to react to FX impacts rather than manage them strategically.

Kyriba integrated exposure data from SAP into its platform, improving pre-trade visibility and helping Bio-Rad reduce inefficiencies, the number of currency pairs hedged, and the volume of monthly trades. Bio-Rad also shifted its FX hedging cycles to quarterly and used VAR analysis to fine-tune the hedge mix, enabling a more proactive and efficient FX program.

Bio-Rad