Abstract: In a risk exposure system and method, a processor may receive from an external system exposure records having data elements mapped to data elements of an internal representation of an exposure record. The system and method may generate new exposure data objects based on the mapped data, automatically assign exposure data objects to exposures versions, and automatically assign exposure data objects of versions to exposure groups based on criteria defined by planning profiles. Further, the system and method may automatically generate for an exposure group and transmit to a marketplace an electronic purchase order requesting a hedging instrument to offset risk presented by the exposure group and identifying the exposure group, and, responsive to a transaction confirmation message that is received from the marketplace and that identifies the exposure group or purchase order, generate a hedging instrument data object and associate it with the exposure group.