Deaglo FX Risk Management vs Hedgebook

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.

Hedgebook is a cloud treasury management service for managing treasury risk and hedging decisions. Its corporate solution records and values FX forwards and options, commodities, and interest rate swaps. The FX Exposure Tool combines foreign-currency cash flow forecasts with existing forex hedges to display the hedging position, and it can model hypothetical FX scenarios for potential P&L impact and changes in hedge levels. A valuation tool provides independent mark-to-market or fair value valuations and sensitivity reporting. The corporate solution supports IAS 39, IFRS 9, CVA/DVA for IFRS 13, IFRS 7 calculations, and US GAAP. APIs connect it to third-party proprietary FX trading systems for exchanging deal and valuation information. Hosted on Microsoft Azure, the platform is accessed through a web browser and secure login. Hedgebook lists a free trial before purchase and a starting price of $250 a month per corporate licence. It says implementation is guaranteed within 24 hours and supports modern versions of most major browsers, but Microsoft Edge is not currently supported. Hedgebook was formed in 2011 and has offices in the United Kingdom and New Zealand.