HedgeStar is Celebrating 20 Years of Outstanding Business
Minneapolis, MN | October 18, 2024 | By: HedgeStar Marketing
As of 2024, HedgeStar has been in business for 20 years! Thank you for being part of our journey! You have helped us put the STAR in HedgeStar.
Over the years, our team has continued to grow and our goal of serving clients to the best of our ability has been unwavering. We believe living our core values of engaged, service, integrity, teamwork, accountability, and fun, are the main reasons why our company has evolved to what it is today.
As we celebrate 20 years of business, we think back on some important moments in our company:
2004 – 2009:
HedgeStar opened its doors initially to serve its sister company’s interest rate hedging clients
HedgeStar moves into office space in Eden Prairie, Minnesota
HedgeStar signs its first 50 clients
HedgeStar receives SAS 70 (currently referred to as SOC 1)
HedgeStar values caps & floors, American, Europe, and Bermudan options, knock-in and knock-outs, barrier options, and digital options
HedgeStar develops all of its interest rate models
HedgeStar expands into Panama, Costa Rica, and Mexico
HedgeStar values Panama Canal interest rate swaps
HedgeStar values its first FX trades
HedgeStar earns its first European client
HedgeStar expands throughout North America, South America, and Europe
HedgeStar values its first commodity trades
HedgeStar selected to participate in the GASB 53 implementation task force
HedgeStar values its first CMOs/ CLOs
HedgeStar values forward delivery agreements
HedgeStar values municipal bonds
HedgeStar celebrates five years in business
2010 – 2014:
HedgeStar celebrates 10 years in business
HedgeStar grows its offices in North Dakota, New Jersey, and California
HedgeStar expands into Chile, Peru, and Colombia
HedgeStar values its first plastic, cocoa, and grains derivatives
HedgeStar receives its first SOC 1 certification (formerly known as SAS 70)
2015 – 2019:
HedgeStar celebrates 15 years in business
HedgeStar becomes NASBA certified and starts offering CPE credits during trainings
HedgeStar earns its first client in Asia
HedgeStar starts serving financial institutions
HedgeStar starts serving fortune 100 clients
2020 – 2024:
HedgeStar celebrates 20 years in business
HedgeStar team goes remote during COVID-19
HedgeStar launches a wellness initiative for internal team to promote healthy living
HedgeStar creates hedging grain program for rotisserie chickens
HedgeStar maintains data on multiple cross currency swaps
HedgeStar expands into renewable derivatives
HedgeStar opens offices in Florida, Virginia, and Illinois
HedgeStar enters partnerships to offer commodity and currency hedging and tracking systems
What are HedgeStar's goals for the future?
For the future, we strive to continue our commitment to being a world class solution for our clients by focusing on high quality deliverables, transparent communication, and client satisfaction. We aim to be the trusted partner that helps our clients achieve their desired goals.
Finally, we want to express our gratitude for all past/ current clients, partners, and team members. You have helped us put the STAR in HedgeStar.
Cheers to the future!
About HedgeStar:
Founded in 2004, HedgeStar is a leading independent provider of outsourced valuation and independent hedge accounting services for financial instruments including interest rate, currency, and commodity derivatives. HedgeStar provides derivative fair value calculations, cash flow hedge accounting, fair value hedge accounting, and risk management services.
The HedgeStar team is comprised of valuation experts, Certified Public Accountants (CPAs), and hedging program professionals. We deliver our services with a personal touch. We understand our clients and their portfolios and are an extension of their risk, finance and accounting departments. We strive to live by our core values every day.
Contact us today:
952-942-6094
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