Nilus FX vs Spektra by TMS
Nilus FX
nilus.comSpektra by TMS
treasuryms.comSide by side
| Figure | Nilus FX | Spektra by TMS |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Foreign Exchange Management Software | 6.7 (#17) | 7.2 (#12) |
| Integrations | Nilus connects banks and payment providers through SWIFT, host-to-host, and API, and supports bidirectional payment-provider and ERP data flows. | TMS says Spektra connects to ERPs, general ledgers, banks, and payment platforms locally and internationally. |
| Intended users | Nilus describes its platform as serving finance, accounting, and treasury teams; its FX page focuses on exposure and hedging across entities and accounts. | The maker identifies treasury teams, financial managers, and CFOs needing visibility across multiple accounts, entities, and currencies as intended users. |
| Purpose | Nilus FX tracks currency exposure across entities, accounts, and currencies and supports hedge management with hedge accounting. | Spektra brings cash, foreign exchange, interest rate products, and treasury risk management into one platform. |
Plans
In their own words
Nilus FX
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.
Spektra by TMS
Spektra by TMS has no write-up on Specifiction yet; its figures are above.