Deaglo FX Risk Management vs Forge aHedge
Deaglo FX Risk Management
deaglo.comForge aHedge
forgeahedge.comSide by side
| Figure | Deaglo FX Risk Management | Forge aHedge |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Foreign Exchange Management Software | 7.9 (#7) | 7.4 (#11) |
| Integrations | Deaglo says it can ingest data from ERP systems including SAP, Oracle, and NetSuite, as well as treasury and accounting platforms. | Integration options include API import and export, spreadsheet import interfaces, liquidity portals and intermediaries, and ERP integration. |
| Purpose | Deaglo helps funds and corporates identify, model, and mitigate currency exposure using data-driven strategy, technology, and expert execution. | Forge aHedge is an AI-native platform for managing commodity and FX risk end to end, including exposure capture, hedging, treasury back office and hedge accounting. |
Plans
In their own words
Deaglo FX Risk Management
Deaglo FX Risk Management helps funds and corporates identify, model, and mitigate currency exposure. It consolidates payables, receivables, cash flows, intercompany positions, and exposures across portfolios and entities. Hedge strategies can use forwards, non-deliverable forwards, options, swaps, collars, and structured solutions. Analytics include daily mark-to-market, Value at Risk, Expected Shortfall, scenario modeling, Monte Carlo simulations, and stress testing.
Dashboards, automated reports, real-time alerts, and AI-written exposure summaries support review. Deaglo offers multi-dealer pricing and marketplace access to liquidity and credit facilities, but FX trades must be executed through a separate broker or bank. Data can come from ERP systems such as SAP, Oracle, and NetSuite, along with treasury and accounting platforms; API access supports custom integrations and automated data flows. The corporate offering describes audit-ready reporting and hedge accounting aligned with IFRS 9 and ASC 815.
Forge aHedge
Forge aHedge is a cloud platform for managing commodity and FX risk, from exposure capture and hedging through treasury back office and hedge accounting. It brings procurement, treasury, finance, and accounting teams into a common system while integrating with existing ERP and treasury management systems through an API. The platform covers price, market, credit, and operational risk across forecasts, unpriced orders, fixed contracts, and existing positions. It supports forwards, futures, swaps, and options, and allows side-by-side strategy comparisons with cashflow outcomes across price scenarios. Treasury controls include role separation, approval chains, maker-checker workflows, and immutable audit trails. Hedge accounting supports IFRS 9 and ASC 815, including designation, effectiveness testing, valuation, journals, and disclosure data. The built-in Smithy assistant answers natural-language questions, provides insights, and can create deals and forecasts. Forge aHedge states it is independently certified to ISO/IEC 27001:2022 and describes encryption, tenant separation, enterprise identity controls, and Azure hosting. Pricing is available on request and scales with commodities or reference prices, currency pairs, and configuration.