Saab develops, manufactures and delivers advanced products and services for the defence market, as well as for those commercial markets where its capabilities create business opportunities. Saab is one of the worldâs leading high-technology companies, with its main operations focusing on defense, aviation and space.
Saab has the world as its market, but research, development and production are carried out principally in Sweden. The Group has a total of approximately 13,000 employees. Total annual sales are SEK 17,250 million. Research and development corresponds to about 20 percent of turnover.
Saab Treasury is responsible for the Groupâs liquidity management, internal bank, trading and external management of interest rate and foreign currency risks. Saab has to also manage risks in the order backlog amounting to SEK 46 billion. Export markets account for 65 percent of the order backlog. Comprehensive IFRS/IAS39 functionality was also high on their requirements list. To provide a fully integrated Treasury, Cash & Risk Management System, integra-T.com will be implemented at LinkÃ¶ping for use by the central Treasury Team
After reviewing several systems the choice of integra-T.com was based on its ability to deliver the best fit to SAABâs specific requirements and provide flexibility. integra-T.comâs open platform and connectivity with banking software, electronic dealing systems and market data providers and its IAS 39 hedge accounting capabilities were key considerations in the decision.