Welcome to part three of our ten-part Getting Started with CNS series. In this video, we’ll walk through the Business Units feature.
Business Units in CNS
Welcome to part three of our ten-part Getting Started with CNS series. In this guide, we’ll walk through the Business Units feature.
To access this, go to Administrator and select Add or Edit Business Unit.
In our demo profile, “Mentos,” we have three business units: Lollies, Mints, and CapEx.
When to use a Business Unit instead of a Client Profile
A business unit is used when it is the same legal entity but a separate FX portfolio. This could be due to different hedging parameters or FX policies. For example, CapEx is usually hedged differently from transactional risk.
In this case, you can set up separate business units for different product lines or portfolios.
You can easily update an existing business unit or create a new one by adding a code, name, description, or email address, then saving it.
How Business Units are used across CNS
Throughout CNS, when uploading data, you’ll see an option to assign a business unit.
-
Currency Deals: Tagging an FX deal with a business unit will segment dashboards, journal entries, and mark-to-market reports by that unit.
-
Exposures: When adding forecast data, you can assign a business unit to build a complete FX portfolio for that unit and run reports accordingly.
Example: Running the FX Blotter (mark-to-market report) will clearly segment transactions and valuations by business unit. Similarly, in the FX Dashboard, running without selecting a unit aggregates all data. Selecting a specific unit shows only that portfolio’s exposures and deals.
Additional Resources
For more detail, open the Knowledge Base via the book icon in the top menu, where you’ll find guides on business units, FX, and other features. You can also contact us at support@cnstreasury.com
Next in the series, we’ll cover Automated FX Trade Capture.