Huagati Systems Introduces New Software System for Managing Hedging of Commodities and Foreign Exchange

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Huagati Systems today announced the availability of Hedgehog Hedging Tracker, financial management software for managing hedging operations of currencies and commodities. Hedgehog Hedging Tracker is a web based multiuser system with flexible configuration options.

Huagati Systems today announced the availability of Hedgehog Hedging Tracker, financial management software for managing hedging operations of currencies and commodities. Hedgehog Hedging Tracker is a web based multiuser system with flexible configuration options.

"Companies and individuals trading in commodities or currencies should use this software to consolidate information regarding their hedging transactions." said Kristofer Andersson, managing director of Huagati Systems. "With the fluctuations in commodity prices and exchange rates over the last decade, anyone doing business involving more than one currency or anyone buying or selling commodities need to manage their risk exposure. This software enables them to track and analyze their positions in a structured way, and to evaluate their positions as often as they want.".

Hedgehog provides a single storage system for commodity and/or currency hedging transactions as well as related information such as market calendars, broker details, collaterals, rates and prices. It also has a built-in document management system that stores an unlimited number of spreadsheets, invoices, contracts and any other documents related to transactions and brokers/banks.

The flexible configuration options makes it easy to configure the system for use within many different industries, from mining and metal companies to airlines, or companies trading agricultural products, plastics, metals or any other commodity.

Flexible reporting

In addition to built-in standard reports such as mark-to-market and transaction lists, the system also comes with a built in report builder where users can create their own report templates for individual or shared use. Tight integration with Microsoft Excel allows flexible further analysis of data.

Hedgehog Hedging Tracker also has a built in calendar system where users can see positions by date in four different calendar views. The calendars provide a clear overview of upcoming delivery dates and settlement dates along with market events.

Availability

Hedgehog Hedging Tracker is accessed through a web browser, and available both as a hosted solution where the software and data resides on secure managed servers in the US, and as a stand-alone system that customers can install on their own intranet servers.

Unlike competing software solutions for the hedging community, Hedgehog Hedging Tracker is marketed with an affordable and open pricing model; the available options and license fees are clearly stated on the product website at http://hedgehog.huagati.com/

Customer specific customizations are also offered for those who need tighter integration with external systems such as accounting systems, market data providers, CRM systems etc.

A free trial version is available upon request for anyone who would like to try and evaluate the software before buying.

Built on Microsoft server technologies

The software runs on Microsoft Windows 2003 and Windows 2008 servers with SQL Server 2005 or 2008* and Internet Information Server 6.0 or 7.0. It is built on Microsoft .net framework version 3.5 and utilizes Microsoft Ajax browser for an improved user experience.

*=SQL Server 2008 is supported when available.

About Huagati Systems Co., Ltd.

Founded in 2005, Huagati Systems Co., Ltd. is a software and services supplier based in Bangkok, Thailand, with European management. Additional company and product information is available at http://www.huagati.com.

Note to editors: For more information about Huagati Systems or its product offerings, please contact Kristofer Andersson at info @ huagati.com

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