HedgeStar to Partner with GPS Capital Markets
Contacts:
John Trefethen, HedgeStar | jtrefethen@hedgestar.com
Michael Harris, GPS Capital Markets | mharris@gpsfx.com
MINNEAPOLIS, MN – November 12, 2024 – HedgeStar announces a new partnership with GPS Capital Markets in which HedgeStar will provide its clients with GPS’s premier foreign currency (FX) strategy services including balance sheet hedging, cash flow hedging, intercompany netting and cross border payments.
“At HedgeStar we are committed to bringing exceptional value to our clients which is why we are excited to expand our relationship with GPS Capital Markets bringing their professionalism and expertise to our clients,” said John Trefethen, Director and Co-founder at HedgeStar. “Partnering with GPS Capital Markets in this new capacity allows us to expand our portfolio of services, ensuring that our clients have the tools they need to successfully manage their FX exposures. Through this partnership we look forward to many more years of providing exceptional FX strategy services to our clients.”
“We’re excited to announce a new phase in our collaboration with HedgeStar, a trusted partner of ours for many years. HedgeStar has consistently provided exceptional guidance to our clients, helping them leverage our products effectively and to address hedge accounting and FX accounting issues. Now, we’re thrilled to be deepening our relationship by being their preferred FX provider. We are grateful for the trust that they have put in us,” said Michael Harris, CFO of GPS Capital Markets. “Through this partnership, we’ll continue working closely with HedgeStar to enhance the support our clients receive, ensuring they benefit from seamless, expert advice tailored to their unique needs. This evolution is a testament to our shared commitment to client success, and we look forward to many more years of working together to deliver unparalleled value.”
About HedgeStar
Founded in 2004, HedgeStar is a leading independent provider of outsourced valuation and independent hedge accounting services for financial instruments including currency, interest rate, and commodity derivatives. They are experts in FASB, IFRS and GASB standards related to accounting for derivatives and fair value measurements. HedgeStar serves over 400 global clients including public and private corporations, real estate trusts, accounting firms, law firms, healthcare organizations, educational institutions, and governmental entities totaling more than $100 billion notional under management. The HedgeStar team is comprised of valuation experts, Certified Public Accountants (CPAs), quantitative analysts, and hedging program professionals. You can learn more about HedgeStar at https://www.hedgestar.com.
About GPS Capital Markets
GPS Capital Markets offers companies involved in overseas business one-on-one assistance with their international banking needs. They specialize in helping companies create tailored currency strategies that mitigate foreign exchange risk by combining the most competitive foreign exchange (FX) rates along with FX hedging and a host of tailored international financial solutions, including payment processing and exposure management. Founded in 2002, GPS brings together a senior management team rich in international banking experience from the world's leading financial institutions. GPS has several offices throughout the United Kingdom, as well as in the European Union, the United States, Canada, and Australia. You can learn more about GPS Capital Markets at https://www.gpsfx.com/.
HedgeStar Media Contact:
Megan Milewsky, Marketing Manager
Office: 952-746-6056
Email: mmilewsky@hedgestar.com
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