Developed by industry experienced professionals, FASTracker is an integrated derivative accounting software package designed to conform to FAS 133 and IAS 39 accounting standards and FAS157 and IFRS 7 disclosure requirements. FASTracker provides straight through processing of derivative accounting processes from documenting accounting policy and hedging relationships to automating journal entries. FASTracker supports both Hedge and Fair Value (MTM) accounting and netting of assets and liabilities. FASTracker is powered by Financial and Regulatory Risk Management System (FARRMS) that provides a leading edge integrated platform for mitigating financial and regulatory risks.
FASTracker supports the following:
Accounting strategy documentation and setup
Designation, de-designation, and re-designation of hedges
