Forge aHedge is a cloud platform for managing commodity and foreign exchange risk, from exposure capture through hedging, treasury operations, and hedge accounting. It provides a shared system for procurement, treasury, finance, and accounting teams, while complementing existing ERP and treasury management systems through API integration. The platform covers price, market, credit, and operational risk across forecasts, unpriced orders, fixed contracts, and current positions. It supports forwards, futures, swaps, and options, and lets users compare hedging strategies alongside cashflow results under different price scenarios. Treasury controls include role separation, approval chains, maker-checker workflows, and immutable audit trails. Hedge accounting support covers IFRS 9 and ASC 815, including designation, effectiveness testing, valuation, OCI and P&L splits, journals, and disclosure data. Its 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, and enterprise identity controls. Pricing is by quote and scales with configuration.
Who it is for
Forge aHedge suits procurement, treasury, finance, and accounting teams managing commodity or FX exposure. It is designed to complement existing ERP and treasury management systems.
What is good
- Covers commodity and FX risk across multiple exposure types.
- Supports forwards, futures, swaps, and options.
- Compares strategies and scenario cashflows.
- Includes controls and hedge accounting support.
- Smithy can create deals and forecasts.
What to know first
- Pricing is available by quote only.
- Price scales with commodities and reference prices.
- Price also scales with currency pairs.
Verdict
Forge aHedge combines risk coverage, treasury controls, and hedge accounting in one platform. Its modular pricing depends on the commodities, reference prices, and currency pairs configured.
Forge aHedge plans and pricing
All plansCompared on foreign exchange management software
- Hedge accounting
- Yes
- Exposure forecasting
- Yes
- Trade execution
- Yes
- Deployment
- cloud
