Rieter

IFBC was mandated to assess and develop a new concept for Rieter’s FX management. The focus was on expected future cash flows from machinery transactions. In addition, IFBC supported Rieter in the introduction of the hedge accounting standard IFRS 9. Rieter is the world's leading supplier of systems for short staple fiber spinning. The Winterthur-based company develops and manufactures machines, systems and components for processing natural and synthetic fibres and their blends into yarns.