LaSalle Redesigns FX and IR Hedging Workflow Process in Just 3 Months
Palo Alto, October 31, 2023 — LaSalle, a leading global real estate investment management firm, has embarked on a digital transformation journey with Aurachain, a leading low-code digital process automation platform. This partnership ushers in a new era of application design, operational efficiency, visibility and control throughout the application lifecycle.
LaSalle’s treasury team grappled with manual processes to manage Foreign Exchange and Interest Rate trades, relying on intricate macro-enabled spreadsheets to manage the large volume of trade data and emails, and to provide the audit trail for internal approval processes. While well-established, the manual approach proved to be an opportunity for enhancements to save time and maintain data integrity.
Recognizing the need for efficiency, transparency, and error elimination, LaSalle set out to replace its cumbersome spreadsheet process with an automated, streamlined application built on the Aurachain platform. They aimed to create an intuitive application driven by an insightful dashboard, providing workflow movements and instant status of FX and IR trades.
With the platform’s cutting-edge capabilities and a collaborative approach to process automation, LaSalle achieved this transformation within a remarkable 3-month timeframe. They accomplished this feat by transforming their manual processes into three interwoven applications, seamlessly uniting data into a single, integrated regulatory-compliant workflow.
LaSalle’s transformation story is a testament to the potential of innovative technology and streamlined processes. Through their partnership, Aurachain and LaSalle lead the way to a new era in financial deal management, where efficiency and compliance are paramount.
About LaSalle Investment Management
LaSalle is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages over $79 billion of assets in private and public real estate property and debt investments as of Q4 2022. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments.
Find out more at www.lasalle.com
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