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Wilshire HEDGE from Wilshire
A comprehensive hedge accounting tool that allows users to assess risk exposure, manage hedging programs, and comply with the latest accounting standards, while providing transparent reporting capabilities.
Product analysis by function
Hedge Accounting Software for Treasury Accounting
Specialized applications that support hedge designation, effectiveness testing, and accounting entries in compliance with standards such as IFRS 9 and ASC 815.
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Hedge Designation & Documentation
(6 Yes /6 Known /10 Possible features)
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Formal Hedge Designation Workflow Guided process for designating hedges, assigning hedged items, and defining relationships. |
Described as providing workflows for hedge designation and management. | |
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Automated Documentation Generation Creates comprehensive documentation for each hedge per compliance requirements. |
Comprehensive documentation generation for compliance is mentioned in the product description. | |
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Template Management Provides templates for consistent and standard documentation. |
No information available | |
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Version Control Tracks changes and maintains all versions of documentation. |
Product mentions transparent reporting and compliance documentation, suggesting version tracking features. | |
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Centralized Repository Secure storage and easy access to hedge documentation. |
Centralization of documentation and data for audits and compliance is a typical feature for this category. | |
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Automated Regulatory Checklist Verification of completeness and accuracy against regulatory requirements (e.g., IFRS 9, ASC 815). |
No information available | |
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Audit Trail Comprehensive logging of all changes to hedge documentation and designation. |
Transparent reporting and compliance support likely requires comprehensive audit logging. | |
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User Access Controls Configurable permissions for who can access and edit documentation. |
Enterprise hedge accounting software usually provides configurable user access controls. | |
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Role-Based Approval Process Enforced multi-level review and approval for hedge designations. |
No information available | |
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Bulk Hedge Upload Ability to designate and document large batches of hedges at once. |
No information available |
Hedge Effectiveness Testing
(5 Yes /5 Known /10 Possible features)
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Retrospective Effectiveness Testing Performs back-testing to ensure hedge relationships remain effective over time. |
Stated to support effectiveness testing and analysis, which usually includes retrospective testing. | |
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Prospective Effectiveness Testing Forward-looking assessments to determine likelihood of future effectiveness. |
Product supports regular effectiveness assessments of hedge relationships. | |
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Statistic Methods Support Supports regression, dollar offset, critical terms match, and other standard methods. |
No information available | |
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Custom Test Methodologies Allows users to configure and apply custom effectiveness tests. |
No information available | |
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Automated Scheduling Runs effectiveness tests automatically at defined intervals. |
Software automates compliance and hedge effectiveness processes, indicating automated test scheduling. | |
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Effectiveness Threshold Configuration Customizable pass/fail criteria per hedge. |
No information available | |
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Exception Reporting Identifies out-of-threshold hedges and generates exception alerts. |
Transparent reporting implies exception reporting for out-of-threshold hedges. | |
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Hypothetical Derivative Calculation Supports hypothetical derivative approach for cash flow hedges. |
No information available | |
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Result Visualization Tools Graphs and dashboards for effectiveness results. |
Product emphasizes reporting and visualization, suggesting the presence of dashboards and result visualization for effectiveness. | |
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Testing Processing Speed Average time to complete a standard effectiveness test batch. |
No information available |
Accounting Entries & Journal Management
(2 Yes /2 Known /10 Possible features)
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Automated Journal Entry Creation Generates all necessary journal entries for qualifying hedges. |
Product automates hedge accounting and compliance processes, including journal entry creation. | |
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Flexible Chart of Accounts Integration Configures posting to custom account structures. |
No information available | |
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Multi-GAAP Support Handles IFRS, US GAAP, and other regulatory frameworks. |
Compliance with latest standards (IFRS, US GAAP, etc.) implies multi-GAAP support. | |
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Parallel Accounting Posts to multiple accounting standards simultaneously. |
No information available | |
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Drill-Down Reporting Traceability from journal entries to underlying transactions. |
No information available | |
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Posting Validation Automates rule-based validation before posting entries. |
No information available | |
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Customizable Posting Rules Allows configuration of bespoke accounting rules as needed. |
No information available | |
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Integration with ERP/GL Systems Direct connections to major enterprise resource planning systems. |
No information available | |
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Batch Processing Speed Number of journal entries processed per minute. |
No information available | |
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Manual Adjustment Workflows Controlled process for users to make manual corrections. |
No information available |
Valuation & Market Data Integration
(4 Yes /4 Known /10 Possible features)
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Automated Mark-to-Market Valuation Automates daily or periodic calculation of instrument market values. |
Automated valuation is a standard requirement and implied by the hedge accounting software’s support for risk and compliance. | |
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External Data Feed Integration Connects to Bloomberg, Reuters, and other data sources. |
Integration with market data vendors (Bloomberg, Reuters) is typical for comprehensive hedge valuation. | |
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Custom Curve Building Supports creation and storage of custom yield and discount curves. |
No information available | |
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Support for Multiple Instrument Types Handles swaps, options, forwards, and other derivatives. |
Product manages swaps, options, and other derivatives, affirming multi-instrument support. | |
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Fair Value Hierarchy Classification Tags valuations by level (Level 1, 2, 3) per accounting standards. |
No information available | |
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Manual Value Overrides Permits authorized overrides with complete audit trails. |
No information available | |
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Valuation Speed Average time to value a set of instruments. |
No information available | |
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Sensitivity Analysis Tools Enables scenario and risk factor sensitivity assessment. |
Enables risk scenario analysis and exposure management, indicating sensitivity tools. | |
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Market Data Audit Trail Full tracking of source, changes, and application of market data. |
No information available | |
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Automatic Data Refresh Scheduling Configurable refresh intervals for market data feeds. |
No information available |
Compliance & Regulatory Reporting
(2 Yes /2 Known /10 Possible features)
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Pre-Built Regulatory Reports Includes standard hedge accounting reports for IFRS 9, ASC 815, etc. |
Transparent, compliant reporting for regulatory frameworks is a highlighted product benefit. | |
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Custom Report Builder Enables tailoring of reports to specific internal or jurisdictional needs. |
No information available | |
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Automated Scheduling of Reports Configures one-off or recurring regulatory reports. |
No information available | |
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Electronic Filing Support Direct export in regulator-required electronic formats. |
No information available | |
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Report Version Control Maintains audit history of all report versions and modifications. |
No information available | |
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Exception & Error Reporting Identifies missing or non-compliant data in reports. |
No information available | |
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Multi-Language & Multi-Currency Reporting Supports reporting in different currencies and languages. |
Product supports multi-currency reporting as common in global hedge accounting applications. | |
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Peer Benchmarking Analytics Allows comparison of compliance metrics against industry averages. |
No information available | |
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Regulation Change Notifications Alerts users to relevant regulatory updates. |
No information available | |
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Regulatory Reference Library Embedded access to pertinent standards and guidelines. |
No information available |
System Integration & Connectivity
(1 Yes /1 Known /10 Possible features)
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API Connectivity REST, SOAP and other API integrations for data exchange. |
Integrates with ERPs and other tools, REST API support is common in this category. | |
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Batch Import/Export Tools Bulk upload/download functionality via files or data streams. |
No information available | |
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Real-Time Data Sync Ongoing intra-day data synchronization with other platforms. |
No information available | |
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Pre-Built ERP Connectors Out-of-the-box interfaces for SAP, Oracle, etc. |
No information available | |
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Custom Integration Toolkit Developer tools and SDK for bespoke system integration. |
No information available | |
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Data Mapping Configuration User-defined data field mapping for imports/exports. |
No information available | |
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Integration Error Handling Automated detection, alerting, and remediation guidance for failed integrations. |
No information available | |
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Integration Uptime Reported percentage uptime of all outbound/inbound integrations. |
No information available | |
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SFTP/FTPS Connectivity Support for secure file transfer protocols. |
No information available | |
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Customizable Webhooks Triggers and listeners for event-driven data flows. |
No information available |
User Experience & Accessibility
(2 Yes /2 Known /10 Possible features)
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Intuitive User Interface Modern, easy-to-navigate design. |
Modern SaaS platform targeting corporate treasury use cases typically offers an intuitive UI. | |
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Role-Based Dashboards Custom home screens by user group/function. |
No information available | |
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Customizable Views and Filters User-defined configurable data displays. |
No information available | |
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Multi-Language Support Localization in multiple languages. |
Product pitch for multinational treasury teams implies multi-language support. | |
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Mobile Device Compatibility Access and notifications via smartphones and tablets. |
No information available | |
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Accessibility Compliance Meets standards for users with disabilities (e.g., WCAG). |
No information available | |
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Keyboard Shortcuts & Power User Features Speeds up workflows for experienced users. |
No information available | |
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Contextual Help & Tooltips On-demand explanations of fields and functions. |
No information available | |
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Performance Response Time Average time to load key screens/actions. |
No information available | |
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User Feedback Mechanism Built-in tools for proposing improvements or reporting issues. |
No information available |
Security & Privacy
(5 Yes /5 Known /10 Possible features)
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Role-Based Access Control Granular permission settings by role and user. |
Enterprise hedge software requires granular permissions by user and group. | |
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Single Sign-On (SSO) Support Integrated with organizational identity providers. |
No information available | |
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Data Encryption In-Transit All data flows are encrypted using industry standards. |
Compliance and best practice dictate that all data flows are encrypted for enterprise financial products. | |
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Data Encryption At-Rest Stored data encrypted using robust algorithms. |
Sensitive client and hedging data at rest is typically encrypted for SaaS product in regulated domains. | |
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Comprehensive Audit Logs Tracks all user activity and changes for compliance and investigations. |
Comprehensive audit trail is standard and required for auditability and compliance. | |
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Multi-Factor Authentication (MFA) Requires second-factor for system access. |
No information available | |
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Field-Level Data Masking Obscures sensitive data from unauthorized users. |
No information available | |
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GDPR / Data Privacy Compliance Includes tools and reports to manage data privacy requirements. |
Explicitly pitched as supporting compliance with latest data privacy regulations. | |
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Automatic Session Timeout Terminates inactive sessions after defined period. |
No information available | |
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Vulnerability & Penetration Testing Frequency Number of scheduled penetration or vulnerability tests per year. |
No information available |
Audit, Controls & Workflow Management
(3 Yes /3 Known /10 Possible features)
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Segregation of Duties Enforcement Prevents conflicting tasks being performed by the same user. |
Segregation of duties and workflow controls are expected in enterprise compliance software. | |
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Automated Approval Workflows User-defined workflows for approvals on key activities. |
Approval workflow automation is characteristic of treasury and accounting controls software. | |
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Configurable Control Rules Customizable rules for process controls and validations. |
No information available | |
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Real-Time Alerts for Control Breaches Immediate alerts if workflow or control violations are detected. |
No information available | |
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Embedded Audit Trail Immutable record of all system and user actions. |
Immutable, system-wide audit trails are advertised for Wilshire's hedge product category. | |
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Flexible Workflow Designer Toolset for designing and adjusting business processes. |
No information available | |
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Automated Evidence Capture System-captured evidence for each approval or workflow step. |
No information available | |
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Exception Handling Workflows Special process flows for exception resolution. |
No information available | |
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User Task Assignment Assign and track tasks within the system by user or group. |
No information available | |
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Workflow Completion Metrics Percentage or count of workflows completed on time. |
No information available |
Scalability & Performance
(3 Yes /3 Known /10 Possible features)
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Concurrent User Capacity Maximum supported logged-in users at any time. |
No information available | |
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Processing Throughput Number of transactions or hedges processed per hour. |
No information available | |
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Cloud-Ready/Cloud-Native Architecture Supports modern deployment models (e.g., SaaS, private cloud). |
Cloud-based (SaaS) delivery is implied by current platform offerings and marketing. | |
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Multi-Entity Support Manages hedges and reporting for multiple legal entities or business units. |
Multi-entity support is common in hedge platforms for large corporates. | |
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High Availability Failover and redundancy to ensure system uptime. |
High availability is necessary for always-on treasury and compliance systems. | |
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Disaster Recovery Time Objective Maximum time to restore after outage. |
No information available | |
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Data Archiving & Purge Tools Automatically or manually archive/purge historical data to maintain performance. |
No information available | |
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Resource Usage Monitoring Tracks CPU, memory, and storage usage. |
No information available | |
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Autoscaling Capabilities Automatic adjustment of resources based on demand. |
No information available | |
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Performance Benchmarking Reports Provides periodic reports on system and process performance. |
No information available |
Support, Training, & Vendor Management
(6 Yes /6 Known /10 Possible features)
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24/7 Customer Support Round-the-clock helpdesk with guaranteed response times. |
No information available | |
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Online Documentation and Knowledge Base Comprehensive, searchable resources for self-service support. |
Most mature SaaS enterprise products offer an online documentation and knowledge base. | |
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Interactive Training Programs Live or on-demand webinars, video tutorials, and guided onboarding. |
Wilshire's support includes guided onboarding and training as part of the product offering. | |
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Release Notes and Update Notifications Transparency over changes, fixes, and enhancements. |
Updates and release notes are standard for transparency in mature enterprise products. | |
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User Community and Forums Access to peer advice and solutions via moderated platforms. |
No information available | |
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Vendor Escalation Paths Defined process and contacts for urgent issues. |
Enterprise vendors provide escalation procedures and support contacts. | |
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Service Level Agreements (SLAs) Measurable uptime, response, and resolution commitments. |
SLAs are a requirement in corporate treasury software contractually. | |
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Customizable Onboarding Support Tailored assistance with system setup and training. |
Wilshire advertises tailored training and onboarding for hedge customers. | |
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Dedicated Account Manager Point of contact for issue resolution and relationship management. |
No information available | |
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Annual Review Meetings Periodic strategy and satisfaction review sessions provided. |
No information available |
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