Case Study: Dräger achieves automated FX risk optimization with Nomentia

Dräger - Customer Case Study

Dräger, a leading international medical and safety technology manufacturer, faced significant challenges in managing its foreign exchange (FX) risk across a portfolio of 41 currencies. The company's treasury team was relying on manual Excel spreadsheets derived from SAP data, a process that was time-consuming and limited in its ability to perform complex, automated calculations for exposure analysis and cash flow at risk (CFaR).

Nomentia implemented its RiskSuite module to fully automate FX exposure and risk calculations, seamlessly integrating with Dräger's SAP system. The solution enabled automated data transfers, powerful Monte Carlo simulations for CFaR, and an optimization function that identified the most cost-effective hedging strategies. This resulted in a drastically reduced time input for exposure calculations, lower hedging costs, and provided a practical, data-driven basis for board-level decision-making.

Dräger

Mark Blatt

Strategic Projects Finance and Controlling