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FIREapps Launches FX Data Integrity Tool

FIREapps' latest foreign exchange exposure tool helps identify and resolve FX data integrity issues

By Staff Writer | Updated on June 03, 2008

FiREapps, a division of Rim-Tec Inc., launched FiREapps Enterprise, a new SaaS (Software as a Service) application suite that improves multinational companies’ ability to manage foreign currency exposure by identifying and resolving foreign exchange data integrity issues. FiREapps Enterprise, which interacts with all existing ERP and G/L systems that support FX accounting, includes DataFX, a recently released module that lets companies view the raw data of currency transactions from a currency exposure perspective. “Providing an analytical framework for the data, along with a methodology, makes it easier to determine data validity and completeness,” explains Wolfgang J. Koester, CEO of FiREapps and Rim-Tec.

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