The Hedge-Engine enables hedge accounting for interest rate risks pursuant to IAS 39 and IFRS 9. The module supports cash flow and fair value hedge accounting as well as the fair value option with bank-wide management accounting. The multi-curve ability of the Hedge-Engine covers current audit requirements. The controlling and treasury management processes are fully supported from the creation of hedging relationships to efficiency tests and from determining posting consequences to subsequent plausibility checks. Comprehensive simulation options, the audit-proof documentation of the hedge process and a competency system with logging function complement the functionalities.