Founded: 2023

Products: Real-Time FX Risk Engine, FX Benchmarker, FX Portfolio Manager, Independent FX Valuations, Instant Pricing and Structuring of FX Options.

Overview: London-based Bracket was founded by industry experts – Pierre Anderson, Alex Charles, and Martin Lee – to solve the critical FX challenges facing modern treasury teams. The company provides a real-time FX risk engine and a central treasury ledger that acts as the system of record for all FX exposures, hedge data, mark-to-market (MTM) valuations, scenario analysis, and treasury activity.

Bracket addresses three major pain points in the FX market:

1. The lack of transparency around bank and broker costs on everything from spot to options

2. Limitations of Excel-based portfolio management for multicurrency exposures

3. Growing audit requirements for independent FX valuations to qualify for hedge accounting

Through self-service tools, including a free FX Benchmarker for instantly analysing intermediary costs, Bracket gives finance teams a single source of truth across exposures, forecasts, and decisions across all entities.

Clients: 50+ mid-market companies

Active region(s): UK and Europe

Partners: N/a

Employees: 10+

Funding: £2m pre-seed funding

Ownership: Privately owned

Unique selling point: Bracket is the FX risk engine for modern finance leaders – delivering visibility, control, and automation across the currency risk life cycle, and tackling the core challenge of protecting the P&L from volatility. Key differentiators include:

• Real-time market data and scenario modelling capabilities
• Pricing and structuring of FX options – in one click
• Independent FX valuations supporting IFRS 9 compliance
• Transparent benchmarking revealing hidden costs in FX execution
• Designed specifically for mid-market complexity without enterprise overhead

Website: Bracket.co.uk

Email: [email protected]

Phone: +44 20 3966 8312

TMI view: In a volatile global marketplace, visibility, control, and automation are the watchwords of the wise. Bracket applies all three to FX, in real-time. This may well be a solution for the ages.