Case Study: Jaguar Land Rover achieves robust hedge accounting and stronger controls with Reval Cloud Platform

Jaguar Land Rover - Customer Case Study

Jaguar Land Rover, the UK’s largest automotive manufacturer with global sales and c.£22bn revenue, faced significant currency and commodity exposures from a multi‑year hedging programme. Managing a large FX portfolio and three‑year commodity hedges on legacy systems and spreadsheets created control risks and limited the treasury’s ability to perform sophisticated hedge‑effectiveness testing and support future reporting needs.

Jaguar Land Rover implemented Reval’s Cloud hedge‑accounting platform via a cross‑functional steering committee and structured project governance, migrating the entire FX and commodity book in the target five‑month window. The new system automated controls, eliminated spreadsheets, enabled more flexible effectiveness testing and future transaction types, and was delivered on time and on budget.

Jaguar Land Rover

Duncan Karran

Assistant Treasurer