CommodityPoint (A division of UtiliPoint International, Inc.) has released a new whitepaper titled In Search of Total Risk Management – The Physical Factor and Operational Risk Management. The whitepaper covers:
• The key issues in the Physical Commodity Trading and Risk Management (CTRM) space, particularly in Operational Risk Management.
• Shares findings on the study Changes in Commodity Markets – Impacts on Traders and Software, CommodityPoint Report, 2009
• Describes how Eka Software Solutions is rapidly emerging as a leading provider of complete Commodity Trade and Risk Management Solutions.
“Risk management continues to be a challenge for commodity trading firms who face increased speed of markets, increasing regulation and oversight and increased stakeholder visibility into the bottom line. One key area of risk management that often gets less coverage than it deserves is that associated with the trading and movement of physical commodities. This whitepaper looks at that issue and at EKA’s CTRM offering as a solution.“ Said Dr. Gary M. Vasey, MD Europe and Asia Pacific, CommodityPoint.
“In today’s complex business environment, commodity traders need to have a good IT strategy in place which is aligned and contributes to overall business strategy. The need of the hour is an evolved software system that can not only effectively manage the risks involved in physical & derivative trade of commodities, but also have the capability to provide consolidated information on varied business aspects that leads to optimized decision making.“ Said Manav Garg , ceo & founder, Eka Software Solutions.