Hologic, Inc. uses FXLoader for Oracle E-Business Suite to automate access to latest currency exchange rates.

Hologic is a $2.5bn leading healthcare and diagnostics company, with a global network of customers and offices. Hologic's ethos, TheScience of Sure, is inspired by possibility, maximized by technology and reinforced by relentless determination.

The overwhelming and resource intensive task of maintaining FX rates for 35+ currencies prompted Hologic to search for an automated solution for currency exchange rates - both daily and period average rates. The most important requirements were accuracy of rates and timeliness of their availability.

Rates Source Hologic chose Xignite who provide authentic market rates for all tradeable currencies. FXLoader also offer a range of alternative sources for market and central bank rates. Automation 100% automation is provided. FXLoader populates rates between all enabled currencies overnight, so all rates are available when they are needed. The average calculation is run at month end to facilitate translation of subsidiary ledgers. Simplicity The process is simple and robust, tightly integrated into E-Business Suite using Oracle supported APls. Installation is quick, easy and automated. Reporting Hologic also chose the FXLoader reporting add-ons, Daily Rates Report and Rates Web Page, to provide access to the rates across the organization.

To automate loading of 500+ currency pairs daily

Implement the FXLoader product suite: Daily Rates Load, Period Average Load, Daily Rates Report and Rates Web Page

• 100% automated availability of latest exchange rates

• Trusted authentic source of market FX rates

• Report and screen-based inquiry access to rates, across the organization

• Quick and simple installation and testing