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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Forge aHedge is an advanced, cloud-based platform that leverages artificial intelligence for managing commodity and foreign exchange risk, specifically tailored for procurement, treasury, and finance teams. The platform streamlines the entire hedge lifecycle, encompassing exposure detection, risk evaluation, hedge execution, strategy analysis, and accounting, thereby allowing teams to confidently safeguard their profit margins and budgetary rates. Among its prominent features are automated monitoring of market conditions, budgets, and policies that can identify potential violations; AI-generated insights paired with natural language processing for easy querying; and the ability to compare different hedge strategies side-by-side under various pricing scenarios. Additionally, it ensures compliance with SOX regulations and automates IFRS 9 and ASC 815 hedge accounting, including calculations for CVA/DVA and journal entry creation. Supporting a wide range of derivatives and physical commodities, the platform is fully equipped with API capabilities for effortless integration with ERP systems and other third-party applications, facilitating quick deployment. By unifying procurement, treasury, finance, and financial planning and analysis on a single, cost-effective risk management solution, Forge aHedge enhances collaboration and efficiency across teams, ultimately driving better financial outcomes.

Description

TRMTracker, developed using the sophisticated framework of FARRMS, stands out as a robust energy trading and risk management software solution that is revolutionizing the energy trading sector with its extensive web-based ETRM-CTRM features. Designed with a back-office-first approach, TRMTracker boasts unparalleled back-office capabilities, highlighted by its innovative formula-driven settlement and billing engine along with a highly acclaimed automated derivative hedge accounting module. The architecture of FARRMS is both template and formula-driven, which allows for easy configuration and maintenance without any coding, ultimately reducing ownership costs while enhancing the platform's adaptability to meet both current and future needs. This organically designed, workflow-oriented structure facilitates seamless processing of transactions, encompassing all stages from deal capture to risk management, scheduling, settlement, and accounting. As a result, users can expect improved efficiency and reduced complexity in their energy trading operations.

API Access

Has API

API Access

Has API

Screenshots View All

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Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Forge aHedge

Founded

2024

Country

Australia

Website

www.forgeahedge.com

Vendor Details

Company Name

Hitachi ABB Power Grids

Founded

1910

Country

Japan

Website

www.hitachienergy.com/products-and-solutions/energy-portfolio-management/trading-and-risk-management/trmtracker

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Product Features

Commodity Trading and Risk Management (CTRM)

Accounting Management
Blockchain Technology
Commodity Trading
Contract Management
Document Management
Financial Management
Logistics Management
Reporting/Analytics
Risk Management
Third Party Integration

Energy Trading and Risk Management (ETRM)

Accounting Management
Asset Analysis
Blockchain Technology
Contract Management
Document Management
Energy Trading
Financial Management
Product Scheduling
Reporting/Analytics
Risk Management
Third Party Integration
Trade Validation

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Alternatives

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