Hedgebook vs IBSFINtech Treasury Management System

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.

IBSFINtech Treasury Management System is an integrated treasury platform for multi-asset, multi-currency, and multi-location operations. It is offered on-premise or as SaaS and covers cash flow and liquidity, currency and commodity risk, investments, debt, trade finance, and supply chain finance. Cash tools provide global cash positions, daily reports, dynamic forecasting, and automated processing of MT940, MT942, Excel, and CSV bank statements. Trade finance supports import and export lifecycles, letters of credit, bank guarantees, buyer and supplier credit, accounting entries, and bank communication. Listed integrations include SAP, Oracle products, Microsoft Dynamics, Tally, Navision, banks, FX ALL, FX GO, Bloomberg, LSEG/Refinitiv, Tableau, and Power BI. Integration methods include real-time APIs and batch processing, with authentication, encryption, audit trails, and guaranteed delivery. The vendor states ISO/IEC 27001:2013 and SOC 2 Type 2 certifications. Hedge accounting, trade execution, and automated exposure import are listed.