MANAGING INTERNATIONAL FINANCIAL RISK: 2004 is a one-volume special report designed to advise international finance professionals on how to structure and implement the optimal risk management strategy for their international business. This report provides insight on the steps that leading firms are taking to control financial risk in cross-border transactions and investments. Authors include members of major law and accounting firms and senior international finance professionals at the largest multinationals. This edition of MANAGING INTERNATIONAL FINANCIAL RISK covers a wide range of tools and techniques relevant to international financial risk management, including: Risk Management Systems; Risks associated with Offshore Financial Centers; Cash Flow Management and the Role of Treasury in Risk Management; Debt Portfolio Optimization and Interest Rate Risk; Hedging Foreign Exchange Exposure; Derivatives; Exposures in Securitization; Straight-through Processing (STP) Technology; and Managing Risk by Region: Europe, the United States, Latin America, and Asia.