Forge aHedge vs HedgePoint

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.

HedgePoint is a web-based AI-powered FX risk management platform for treasury teams and FX advisors. Its parser accepts PDF, SWIFT and email trade confirmations and extracts 15+ trade fields. The dashboard presents live mark-to-market valuations, FX rates, position charts and activity notifications, while exposure views bring together entities, counterparties and more than 100 currency pairs. Planning tools include an AI Treasury Manager, policy drafting and documentation, a trade playbook, hedge simulation and back testing. HedgePoint says data is encrypted at rest with AES-256 and in transit with TLS 1.3, hosted on AWS EU in Ireland and isolated by tenant. It says documents processed by the parser are not used for model training and that its AI providers use zero-retention API agreements. The company states GDPR compliance, offers a DPA and keeps immutable audit logs. Integrations are still under construction. A free plan is listed. Paid plans require a 12-month minimum commitment, exclude VAT and start at £2,500 per month; the company says 24-month options reduce cost by 25% per annum.