Case Study

IAMGOLD

IAMGOLD

Pages 2 Pages

IAMGOLD CASE STUDY TREASURY AND RISK MANAGEMENT A Bloomberg Professional Service Offering THE COMPANY IAMGOLD (TSX: IMG) is an international mining company based in Canada with four operating gold mines on three continents. It has a solid base of strategic assets in North and South America and West Africa that is complemented by development and exploration projects and continued assessment of accretive acquisition opportunities. THE BUSINESS CHALLENGE When IAMGOLD’s treasury team reached out to Bloomberg’s Treasury and Risk Management team, it was manually calculating its mark-to-market (MTM) and credit valuation adjustment (CVA) in an Excel spreadsheet. This time-consuming process required nearly four days of work at the end of each quarter. Not only was it tedious, but the

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