Hedgebook vs Kantox
Hedgebook
hedgebook.com
Kantox
kantox.comSide by side
| Figure | Hedgebook | Kantox |
|---|---|---|
| Price from | $250/mo | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Foreign Exchange Management Software | 8.2 (#1) | 7.8 (#8) |
| Founded | 2011 | 2011 |
| Headquarters | London, United Kingdom; Auckland, New Zealand | Barcelona, Spain, with an office in London, United Kingdom |
| Integrations | Hedgebook connects to third-party proprietary FX trading systems via API and describes API-based exchange of deal and valuation information. | Kantox describes integration with ERP and treasury systems, including SAP, Oracle, Microsoft Dynamics and NetSuite, as well as custom systems that can share data by API or file transfer. |
| Support | The company says customers can contact its team for help and that technical and treasury experts support API integration work. | Each Kantox client is assigned a dedicated Customer Success Manager for ongoing guidance on FX practices, market updates and the client's setup. |
Plans
In their own words
Hedgebook
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.
Kantox
Kantox provides currency management automation software for companies operating across multiple currencies. Its cloud platform covers live FX pricing, exposure collection and processing, trade execution, swap automation, reporting and hedge accounting. Hedging options include micro-hedging, layered hedging and static hedging, alone or combined according to management-defined business rules. Dynamic Pricing applies live FX rates to pricing decisions based on margin and competitiveness requirements. Kantox describes integrations with ERP, TMS, banking and multi-dealer trading systems, including SAP, Oracle, Microsoft Dynamics, NetSuite, FXall and 360T. Connections can use APIs or SFTP, and the company says typical integrations take 4–12 weeks. The platform supports multi-factor authentication and SAML single sign-on. Kantox says its servers are hosted in Ireland and Germany, with 99.9% availability across independent geographic zones. Each client is assigned a Customer Success Manager for ongoing support. Pricing is on request.