ToL enables a corporation to gain control of the subsidiary dealing process, identify, measure, evaluate and hedge FX risk. Furthermore it will allow them to manage current and forecasted multi-currency cash flows. ToL provides full reporting and analytics to enable the Treasury to hedge its FX risk according to company policy with the goal of eliminating P&L surprises. It replaces error-prone manual processes and can track all user and subsidiary actions including exposures. JPMorgan provides fully integrated innovative solutions, combining speed of execution and straight-through-processing (STP).