A hedge that cannot be funded when the market moves is not a hedge, it is a second exposure.
Overview
Who this is for
Borrowers, sponsors and treasury teams whose hedging programme depends on credit lines, facility terms or collateral arrangements that were not negotiated with hedging in mind.
The traditional way
The facility is agreed first and the hedge is fitted to it afterwards. Margining, thresholds and documentation are accepted as drafted, and the cost of that appears only under stress.
The Audere approach
We look at the financing and the hedge together. We review the documentation, quantify the liquidity the programme can demand in adverse markets, and support terms that reflect it.
How we work
We review facility agreements, ISDA and CSA documentation and existing lines, model collateral calls under stressed scenarios, and support you in the negotiation with lenders and counterparties.
What you receive
A written review of the documentation, a liquidity assessment of the hedging programme under stress, and a negotiating position supported by numbers.
The platform module behind it
[CONFIRM S7: which Audere Analytics module supports liquidity and credit work, if any]
Facilities, credit terms and treasury policy compared on one basis before you commit.
