Balancing Digital Aspirations While Addressing Risk Management Fundamentals: Observations From Citi Treasury Diagnostics

28 FX RISK MANAGEMENT: ASSESSMENT Centralized decision making and execution Decentralized decision making and execution Decentralized decision making; centralized execution Centralization of Risk Management 78% Daily Quarterly Weekly Per Request Monthly Assessment of FX Risk Frequency Yes No 8% 92% 79% 10% 11% 92% of companies surveyed reported assessing FX risk, of which 78% indicated doing so at least on a monthly basis. Over three-quarters (79%) of respondents indicated that FX risk decision-making and execution is centralized. 29% 12% 15% 7% 37%