Particulars: GTreasury, a treasury and threat administration expertise supplier based mostly in Chicago, has acquired Hedge Trackers, a supplier of hedge accounting, consulting and software program companies.

The deal will mix Hedge Trackers’ hedge accounting companies and SaaS expertise with GTreasury’s treasury and threat administration system. Monetary phrases weren’t disclosed.

“Most CFOs and treasury groups perceive the criticality of exposures and forecasts, however the highest-performing groups acknowledge and act on the refined nuances immediately impacting publicity,” stated GTreasury CEO Renaat Ver Eecke in a press release Tuesday. “These are key selections which have an outsized impact on company funds. Our acquisition of Hedge Trackers creates a singular and thrilling alternative for organizations to considerably, confidently and advantageously optimize their advanced accounting.”

Hedge Trackers, based mostly in San Jose, California, was based in 2000 and helps CFO workplaces arrange hedging methods, establish publicity, handle threat, and meet compliance and audit necessities.

“Your high precedence as CFO is figuring out what issues most in your group’s monetary statements,” stated Hedge Trackers CEO Helen Kane in a press release. “Do you care about income? Working earnings? With this acquisition, the mixed GTreasury and Hedge Trackers groups will assist CFOs and the groups they handle to assume extra strategically.”

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