Hedgebook vs Nilus FX

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.

Nilus FX is a cloud-deployed web module for tracking currency exposure and managing hedges across entities, accounts, and currencies. It combines balances with forecast flows to show net exposure by currency, entity, and account. Hedges can be linked to covered exposures, with coverage and effectiveness visible. Users can model rate shocks and review effects on cash and covenant headroom alongside a 13-week liquidity forecast. Monitoring agents track exposure drift, sensitivity, hedging, cash exposure, and country or bank risk. Nilus connects banks and payment providers through SWIFT, host-to-host connections, and APIs, with bidirectional flows for payment providers and ERPs. Named integrations include Stripe, Ramp, Brex, Bill, PayPal, and Deltek. Connectivity controls include an immutable audit trail, policy enforcement, segregation of duties, and audit-preparation export. Security details list KMS database encryption, end-to-end encryption, third-party penetration and vulnerability tests, and SOC 2 Type 2 compliance with annual audit. Automated exposure imports and hedge accounting are supported. Pricing is custom and available on request.