Case Study: REWE Group achieves complete financial status and FX exposure visibility in four weeks with Nomentia

REWE Group - Customer Case Study

REWE Group, a leading retail and tourism group, faced a significant challenge after acquiring the European division of Kuoni Holding. They needed to quickly integrate the new subsidiary's treasury processes, specifically requiring immediate access to the group-wide financial status and FX exposure. With only a four-week timeline for the carve-out, REWE partnered with Nomentia to implement a solution for treasury management and cash visibility.

Nomentia's solution focused on automatically transferring critical data on status positions and FX hedges from existing systems into REWE's internal platforms. This enabled straight-through processing and provided customized reports for flexible analysis. The implementation was a complete success, with the full financial status and FX exposure available by the closing date. The measurable results for REWE Group included the complete system carve-out within the four-week deadline, the development of an interim solution for hedge transactions, and the creation of six new system interfaces.

REWE Group

Helmut Schäfer

Head of Treasury Controlling