Commodities and Politics: Is 2021 bringing more disruption than 2020?
todayMarch 24, 2021
A talk by Andrew Busch, Kona Haque, Swithun Still and Eddie Tofpik ED&F Man, Rolweg S.A. & ADM Investor Services International Ltd covering topics like:
• Trade wars: A status report • The first effects of the Biden presidency on trading • Export limitations in Russia: How are we coping?
TRANSCRIPT:
Eddie: Hello, everybody. Welcome to this discussion on “Is 2021 bringing more disruption than 2020.” Before we start, I'd like to remind you one more time, as Ben has, that we have a Q&A session at the end of this but please put your questions, post them up in the question and answer section of this Zoom and we will deal with them in due course. As we start now, I'd like to introduce the panelists and I'm going to start with Kona. Could you kindly introduce yourself and tell us about yourself?
Kona: Hi, thank you very much, Eddie. So I'm Kona Haque. I head up research for ED&F Man, a 240-almost-year-old company, one of the oldest British companies ever. So, the company trades softs globally and, I have been doing commodities for about 25 years now, metals, energy but most recently ags and softs. So, I'm an economist by profession, and it's a delight to be here. Thank you very much.
Eddie: Great Kona. Now, Andrew Bush, could you kindly introduce yourself, please?
Andrew: Sure. I'm Andy Bush, I'm the former chief market intelligence officer for the US government at the CFTC Commodity Futures Trading Commission. My job there, from 2017 to 2019, was to inform the public and Congress, and the White House on what was going on in the economy, the big events that were playing out, and the big themes and drivers of what was impacting the economy and of course, the markets. I write research at andrewbush.com and I'm a keynote speaker and I'm just excited to be on this panel. So thanks for the invite, Eddie.
Eddie: Brilliant, great to see you. Swithun, can you introduce yourself, please?
Swithun: Hey Eddie. Thanks for the invitation as well. I am also sometimes a keynote speaker and I am now the CEO of Rolweg, which is a Swiss domiciled trading company affiliated to Ulusoy Un, which is a Turkish miller. I was previously very much engaged and active in the Russian grain market. Previously, my last incarnation was as director of Solaris Commodities and prior to that, another couple of other trading companies. And I'm excited to be on the panel. I'm not an economist. I'm a linguist originally by training. But I've morphed into a trader, which would shock and appall my grandmother, who wanted me to be a diplomat. But, as I speak Russian, everyone thinks I'm a spy, so pseudo-diplomat. But I can neither confirm nor deny.
Eddie: Thank you very much indeed. Now, last but not least, I'll introduce myself. My name is Eddie Tofpik. I'm head of technical analysis for Archer Daniels Midland Ιnvestor Services branch called ADM Investor Services International Limited. I'm also director of the Society of technical analysts, the oldest and one of the largest technical analyst societies in the world. And also, Swithun, you'll be pleased to know, I am not an economist as well. Moving on from that, sorry Andy, we're gonna now be talking seriously about this subject, about 2021 and the disruption that's is bigger or less than 2020. What I'd like to start to talk about specifically is trade wars, or the lack of them, or the ones that are brewing specifically. I'd like to speak to you Kona at the moment, to see what your thoughts are about the US and UK relationship. Now, following the Brexit situation, what are your thoughts on that?
Kona: So we started the New Year, essentially.Εnd of December was when the UK outside of the EU was going to be formed and how has it gone? We had four years in the making, and that will be two years on which was the transition, and now that we actually cut the umbilical cord if you like, how has it panned out? Well, it's bad, to be honest. Trade with the EU has plummeted. Now, we don't know yet whether it has to do with COVID or whether it's just to do with the fact that we've had some friction and these are just temporary hiccups, but the facts of the matter are, the UK's largest trading partner, we've seen trade plummet and we don't know yet whether that's going to rebound. It's important because at the moment trade across the world is being impacted. Logistics, rates are going up, there are issues on the supply side. But, if the UK is unable to trade with the EU, it needs to find alternative outlets and that is still very slow in the making. Previous to Biden, the Trump administration had provided lots of hopes for trade partnership with the UK, that has not yet materialized. So the UK has to do a big job in terms of ratcheting up its trade partners if it's to fill a void with the EU. We'll see, it's still to be panned out. But at the moment, the first month of data for January and potentially even for February has not been very promising. We don't know if it's a hiccup yet, although this is a longer-term trend.
Eddie: Thank you very much indeed. Good points on that. Andy, you're going to be looking from the other point of view. What do you see from the US's point of view towards the UK? And I suppose also towards the EU given past recent trade disputes? What are your thoughts there?
Andrew: Well, I don't want to sound like a typical boorish American, but the UK is like a small component of what is on the US plate right now. I think everybody saw what happened up in Alaska between the US and China. And I don't want to jump ahead if you're going to ask about that. That was a train wreck. But it really is emblematic of what is happening with the Biden administration, when it comes to trade, they're not going to significantly change their approach to China. That is really clear. So it's going to be similar to what Trump had, kind of combative to say the least and the tariffs are not going to come down anytime soon. As a matter of fact, it'll probably be more difficult, unless both sides can agree on something to do maybe with climate change, which John Kerry and the envoy from China are going to meet on climate change, I think this week, as well. So maybe there's some movement forward there. But that was a bad meeting in the sense of hope for change there. When it comes to the EU, there's already significant change between the United States and the EU, they both back down on their tariffs between Boeing and Airbus, which's a great step forward. And I also think you're going to get a movement on a tech company, global tax, or a digital tax structure that the EU and the OECD have been working on and the United States under the Biden administration will pick up and probably run with. So where the UK falls in that it's obviously important. The UK is an important trade partner with the United States. But these are some other things that are gonna make the Biden administration somewhat drag their feet on, like moving forward on a free trade policy between the US and the UK. So your third line, I would say in the UK, as far as the US's focus right now, that could change but I think that's the way I see it.
Eddie: Brilliant, thank you so much. I especially like that part about the tech tax coming through, because that's one of the things that's been mentioned many times, especially after what Australia did, regarding some of the financial news that comes out there or general news that comes out there. Swithun, you're sitting outside the EU, but in the European zone, doing a lot of business around the world. What are your thoughts on that? Primarily, let's say the EU, but also the US and the UK and their relationship and this house is going well or souring?
Swithun: Well, I see that there are some similarities between Switzerland and the UK now that the UK has come out of the European Union. The Swiss are a very pragmatic bunch and they have maintained a bilateral relationship with the European Union. So they've had the benefits of membership without some of the costs. There are costs, but they're not as significant as being a member. There have been certain points of friction with the European Union, as you may well be aware, about the free movement of people. There was a vote here in Switzerland. Direct democracy is a very big thing. They have a lot of referendums. The Europeans didn't like the result of the UK Brexit referendum. And they didn't like the result of the Swiss referendum that made a lot of pressure on the Swiss, kind of we're the big brother and bashing them with a little bit of a metaphorical stick. But thus far, Switzerland has actually done very well. I mean, it punches above its weight. For a very small country. It's got a very attractive climate for investment. Business is still attracted to coming and creating businesses here. You only have to look at the statistics, which I can't share with you. It's off of my fingers, but the amount of oil or any other commodities that are traded through Switzerland, via trading companies domiciled in Switzerland, notably in Geneva for the oil business, obviously, the metals and some of the fertilizers often out of Zug. And then, I mean all along the lakefront, essentially, from Lausanne to Geneva, you've got grain trading companies, sugar trading companies, cocoa trading companies, coffee trading companies. So, I was very hopeful that Brexit could be a similar kind of situation for the UK, being outside the European Union, and yet somehow, still very closely tied through the relationship that we've had with European countries over many years, but remains to be seen whether the Europeans want to punish the UK for daring to vote the wrong way.
Eddie: I take your point on that. Now, let's look specifically at commodity prices and commodities generally. What's generally driving them at the moment you think, and you can pick and choose your commodities where you want to see which things are as an example, but Kona, looking at the commodities you cover, what's actually driving the market at the moment.
Kona: I'm happy to talk about my specific commodity which is the softs. But I also think it's important to look at what's the impact. It's a subset of what's happening across the macro commodities. So what's happening in 2021, we're seeing inflation pressure, the markets went into this year with a bearish view on the US dollar. Then there was this view that post-pandemic, you're going to see a huge 1920 style roaring recovery and demand. So all of this pertains to a very structurally bullish environment for commodities. When you have inflation, clearly the best way to hedge against is investing in commodities. So we have seen the commodities index, the Reuters Commodity Index up by 50% from a year ago, and this year alone, it's up maybe 15%. It's come off a little bit this week, but it has been pretty brutal on crude oil. And I think Softs have sort of jumped on the bandwagon, there have been some supply-side issues we've come off from a La Niña weather phenomenon that impacted Thai sugarcane yields. And I know that's also impacted weather in South America, and the US Midwest for grains. So there have definitely been supply-side issues on the agricultural side. But I would argue that right now, what we're seeing is some kind of macro-led interest in commodities, which you didn't really see a year ago. Commodities as a whole bottomed out about a year ago. And it's just been pretty much steadily rising from here. Now whether we go to supercycle from here, I know we're going to be discussing that next tomorrow, there'll be some interesting things on my mind on that, whether that's actually going to happen or not.
Eddie: Great. Thank you very much for that. Andy, you're not so much involved in commodities, but more in, I remember from foreign exchange days and in fixed income, but what sort of view would you think is actually pushing commodity prices from your point of view, specifically, when you were in the recent past in the CFTC? But also now in your thoughts?
Andrew: Clearly, there are two big drivers. One is the rapidity of the rebound in China, obviously, the way that they handled the COVID outbreak and how fast they got back to growing again and opening up their factories, which has been a big driver for pulling in commodities and growth. But the big story globally is the United States. This is, and I want to emphasize this because of the amount of money that the US government along with the Federal Reserve has pumped in as far as stimulus goes, I don't think a whole lot of people understand how much money has gone into this. It's $12 trillion. Now, let that sink in for a minute $12 trillion. That's more than 50% of the GDP for one year in the United States. So when you begin to look at how commodities rise so fast and why lumber was going up so quickly and a whole host of commodities that rebounded from the lows in March, this has been the biggest driver I believe of what's happened. Not all the money has been allocated yet. I mean, even from last year, we still have about $4 trillion that has not moved into the economy fully. And we have another 1.9 trillion that was just approved. So we're really talking about such a significant amount of money flowing through the US economy that's going to drive growth. For the first quarter, it'll be north of 5% for the entire year. I think the OECD is looking at six and a half percent of GDP. Eddie, I've been in the business a long time, I can't even remember the last time the US had six and a half percent GDP. But it's significant growth. And again, you see this, with the Fed keeping interest rates near zero and telling everybody, they're gonna continue to do it, you see this in housing prices, they're just exploding. There's not enough housing in the United States to fulfill that demand. And so builders are going nuts, contractors are going crazy. And you're seeing new homes starting to be created. But the demand for money is pushing up interest rates. So we'll see how that plays out with commodities. So overall, to me, that's the story as we head into 2021 is that, just a massive amount of wall of money and the momentum in the US economy that's driving demand for commodities.
Eddie: I get your point on that entirely. Specifically, when you said about lumber, and I'm thinking about some of the other commodities out there in the world. It's just there have been rapid rises that we've not seen for a long time in commodities that haven't necessarily been very busy in the past. Swithun, your thoughts? I know you look towards the east more, towards Russia and towards China to a certain degree as well, and Eastern Europe and down towards Turkey, etc. What are your thoughts on that specifically with the grain markets as well? What are your thoughts about things that are actually moving in those markets? What's driving them?
Swithun: Simple answer, what's driving the market? Its demand. So you have to look at supply, you have to look at demand. And whilst the supply is on many commodities, including wheat, expected to be maybe slightly up, depending on whose figures you're looking at, the IGC I think said the wheat will be around 777 this coming season, which is slightly up but then demand is up too. So we're looking at demand, mostly from China. That's really a big driver because it's the biggest consumer of beans in the world. And that trade agreement with Trump, which is carrying on to Biden, I mean, the US is pumping corn into China, like there's no tomorrow. I mean, the hog herd is needing to be rebuilt, they had massive issues with African swine flu. The hog herd is being rebuilt, they need protein, they need feed compounds, and they get that from soybean, soybean meal, and corn. So that, for me, is one of the biggest demand drivers in the grain markets today. It's China. So, who will feed China, as Lester Brown famously said, it's going to be whoever is cheapest. But the supply dislocations are another thing that needs to be looked at, because of politics, and whether the two known unknowns in the grain market, you get the brightest negations because of imposition of export tariffs or import tariffs. And the big one, for example, Australia is suffering massively at the moment because China just said that they're not going to be taking in Australian barley. And China was by far the largest importer of Australian bodies. And now they've got some issues about, let's not talk about politics too much, but they align themselves a bit too much with Trump and the trade war. And they're paying the price. And Canada is also paying the price for doing what they did with arresting someone who was close to the Huawei Chairman I believe. And they're not buying Canadian grains or rapeseed, for example.
Eddie: I think it was the Chief Treasury Officer at Huawei or something like that?
Swithun: I believe so.
Eddie: I think the other thing also, if you need to speak to Australians about barley, then you should assume they've had issues with iron, ore, and coal, which have been massively pulled back on.
Swithun: I was focusing really on the grain. If you want to talk about other things, wine, they whacked I think 200% import duty on Australian wine. It's our gain because now we're buying cheap Australian wine in Europe and Switzerland.
Eddie: Andy, can I just ask you now. You also mentioned the tax on tech. Can you expand a little bit on that? What do you think is going to be in sort of big broad brushstrokes in terms of that when it comes about? And it's obviously an OECD thing. So it's going to be something we're all going to be dealing with.
Andrew: You really have to keep an eye on this. It's a digital tax. This, as everybody knows, these companies have grown so important in the global economy but they just have not paid a commensurate tax, at least that's what authorities believe, and so all of these countries when they're stimulating their deficit spending, for the most part, they're going to need to find a way to raise some revenues and really it's also a way when you're looking at Amazon and you can have your opinions on Amazon and what they do and who they are but essentially if they are a business that has the advantage over a local business that people are going to them and not paying the local tax, the retail tax, then that's a huge advantage I mean why would you not go to Amazon to buy products if it's 5-10 percent cheaper and the vat taxes in Europe are a great example of that. So in the United States, each state has an individual retail sales tax, some of them are significantly higher like in the city of Chicago, which is one of the highest taxes out there, so again you would use Amazon. The bottom line is this. These companies have had a bull's eye on their back for some time and now with the Biden administration, you're likely to get them to move forward on it. They are going to take the lead I think from Europe because Europe has moved faster on this and everyone's trying to figure out how to do this because of course, it's like when you're getting into taxes, you really get into a situation where it's a beggar thy neighbor, so if France puts a digital tax side but Germany doesn't, well then everybody goes to Germany and it's the same way across the world so that's the struggle with it and you really need to have everybody come together to agree on a structure of the tax to make it happen. Will it hurt these companies? Certainly. They'll have to pay more, their profits will be less because of that, but there are all sorts of other additional things that are coming as the United states start to focus on antitrust issues. The movement by apple recently to cut the fees that they charge on apps, google did it too, it is an indication that these companies are waking up and saying “maybe we can make things a little bit better without having the Sherman antitrust tags thrown on us and broken up” and that's where I think it's gonna be fascinating to see over the next two to three years on this.
Eddie: That spectrum of antitrust and break up I think is over everybody still, because, I think it was only 100 years ago, 120 years ago, that we saw Theodore Roosevelt break up the oil companies, I think it was occasional or one of those ones.
Swithun: Standard Oil.
Eddie: There you go. Swithun, actually for you, the situation in Russia specifically with grains and the taxation there on exports and I don't know if you want to pick up on some maybe taxation possibilities mirroring what happened in Argentina if you like, how they did it and how it didn't work there and what Russia is trying to achieve as well, what are your thoughts about that.
Swithun: This is a public forum so I need to bite my tongue a little bit and because I'm clearly speaking with my capacity as CEO of this company, so let's say I'm speaking in a personal capacity, firstly and secondly, in a nutshell, it didn't work out too well for Argentina frankly and I would hope that Russia would take the lessons of the history of Argentina and not repeat the same mistakes because generally speaking if you tax exports, you're effectively taking money out of the pockets of the producers and you're disincentivizing them from growing what they normally grow. so in the case of Russia, it has become a massive success story frankly in the grain market I mean, today, Russia is the number one wheat exporter in the world and it's gone from huge net importer during the so-called great train robbery and in the last 20 years it's just been exponential growth and if anything, the sanctions that were applied on Russia in 2014 helped the Russian grain market develop and because they had a devalued currency and they had to internally invest in their various industries including agriculture. now, frankly, it seems to me, my personal opinion, they seem to be shooting themselves in the foot by introducing these firstly massive export taxes, we're talking at the moment, it's 50 euros per tonne on wheat, 25 euros per tonne on corn, 10 euros on barley, but that's nothing in comparison with what they're going to be doing, starting in the new crop. This is from the second of June. they've got this very convoluted reporting mechanism, which they're now still working out the mechanism. But essentially, it will mean a floating tax with a set level of $200 minimum. So, the wheat prices today, the new crop is more or less $245, you will charge 70% tax, so that's like a $30 tax. But it could be much more, it's a floating tax. it could be depending on how high the wheat price goes. So you've got a massive disincentive for producers to plant wheat. So of course, a lot of them were thinking “Okay, we'll plant oil seeds and something else.” Bad luck guys. They have introduced an export tax on sun seeds, rapeseed. They're getting taxed across the board. So it's essentially stealing money from the pocket of the farmer, giving a massive disincentive for them to be producing what they're producing. And the success story looks to be going towards an export-led mark with a form of kind of semi collectivization punishing the kulaks like they had in the 1920s. Bad commercial farmers making money, “how dare you, we will have some of that money and you will plant what we tell you to plant”. It's a little bit crazy for me.
Eddie: I appreciate your sensitive situation you're in and I appreciate your candidness there as well very much. We have some questions from our audience. Ali Mohammed asking “is commodity rally demand-driven? Or more liquidity-driven? Given the consumption patterns, etc.” Kona, what do you think of that? Is it more liquidity-driven? Or is it because there is actual fresh demand or is it a combination of the two of them?
Kona: I think for this current specific rally, it's a combination. The fact that expectations of a massive economic V-shaped even recovery is all about pent-up demand, spending as a proportion of GDP in countries like the USA and the UK is up to 6-7%. So when all of that is then unleashed to when leisure and industry and travel and hospitality reopened and when you add that on top of the government fiscal stimulus, that's a huge amount of demand that's going to be unleashed and commodities will be beneficiary. But add to that is the liquidity aspect, the fact that money is so cheap today, interest rates are historically very low, and we talked about all the fiscal, the trillions of dollars that are coming through. And monetary policy and quantitative easing have continued. That's providing so much demand for new yield or a search for alternative yield and commodities, along with Bitcoin and other weird and wonderful asset classes are all making quite a comeback. There's a combination.
Eddie: Andy, what do you think? Is it being pulled? Or is it being pushed?
Andrew: Well, I think there are some structural problems, depending on which commodity you're talking about. When you have COVID hit, and you shut down the global economy, it's not easy to restart these things, first of all, and then second of all, as demand has grown, it's not like you can flip a switch and a steel factory comes on. So it depends on the commodity. It's hard to produce more trees quickly, as well. So there's definitely that supply component to bring whatever commodity back on as the demand rises, but as Kona said when you have really cheap interest rates and cost money is really cheap, people borrow and then want to buy. So we are seeing a pickup of inflation, obviously, for many of these things. So it's a little bit of the combination of the new world and the old world when it comes to supply, the old economy didn't really keep up in the sense of being able to produce at very high levels, maybe they shut down their factories, lost their workers over the last year, and then the new economy demand doesn't sync up well with the old economy. Cobalt, lithium, all of those products, especially, there's such a focus on climate change and ESG with batteries and things like that. Even chips, just as an example. You can't keep up with the demand. So I think Kona's point was spot on.
Eddie: Swithun, your markets are being pulled or being pushed?
Swithun: That's a very tricky question to answer. To be honest, it's both. I'll give you a bland reply on that. It's like a tug of wars, pull and push. There's no cure for high prices. You get high prices, you plant more. You plant more, you get more production, you get lower prices. There's no cure for low prices. I can talk in these pithy aphorisms all day if you like. We've got 10 minutes. I'd love to but I've said enough. push, pull, supply-demand.
Andrew: Can I just add one thing in here, too? Like a doomsday guy. But obviously, this has been building for some time. Climate change is moving forward in the sense that governments are realizing it, it is a problem. But I will tell you this. Last summer, last year was fascinating for the United States as far as California, and obviously, the forest fires in Australia as well. So both of those places were on fire. But here's what I would say. You really want to keep an eye out for the risk that comes to commodities from a very large climate event. We haven't really had one that's been significant, like a drought recently, and I'm not advocating for that. I don't want that. But that's always in the back of my mind, we're at higher risk for a climate-like event impact on commodities than I think we've ever been because of where we're at with climate change. So that should always be in the back of everyone's minds.
Eddie: It's a very valid point.
Swithun: It should be at the front of some traders' minds, actually. I can only comment on that from personal experience. 2010 was obviously a big drought in Russia. And they banned grain exports, and then the wheat price went from wherever it was up $50 within a day, after that announcement. And obviously, traders love volatility, they like that sort of volatility. Well, as long as they are on the right side of the volatility. They don't like it if they are on the wrong side. That's painful. But you need to be very aware of the two known unknowns, politics and weather. Weather is a big one, because, Andy, right on the nail, it's very volatile. It's not global warming so much as global weirding. it's weird weather, we're having extreme weather.
Kona: And just to mention on the politics side of things, this pandemic has hit the emerging markets hard. They will recover worse, less well, if you'd like. If there were to be a food crisis event, food is always very emotional and we've seen the Arab Spring arise from it. So were you to see this kind of issue and emerging market currencies are beginning to weaken. What does that mean in terms of limited access to dollars to pay for these grains or essential food commodities? If that leads to food protectionism, that's going to be a problem.
Eddie: That's the phrase I wouldn't like to hear, food protectionism, in these current circumstances. Now, there's a question I have had here about inflation. Now we talked a little bit about inflation. We talked a little bit about interest rates. We have a sufficient supply at the moment in the world. Do we see the money that's going to come in the wall of money, the whole thing that's coming together to us? Do we see that as potentially chasing up commodity prices? Some you can actually anticipate because there'll be greater demand for as you say, lithium because people will be able to actually drive more and they'll be buying electric cars. But, the basic foodstuffs, also they'll be pushed? Or are there any specific ones that you'd like to look at? Kona what would you think about that? What would you think would be the effect of inflation? If it comes about and will it come about from when we come out of this COVID situation?
Kona: Let's assume we do get inflation. If we do, then the investors will always look to commodities as an asset class to hedge against them. It's time and time-proven to be very good protection. But will we get inflation in the first place? And I think that's debatable. The Feds made it very clear they're targeting 2%, they said there might be a little bit of overshoot, I do believe we'll get short-term output price pressure, but the Fed has so much ammunition in terms of tweaking that tapering, rising interest rates. They will act whenever they need to reduce it. A little bit of overshoot is something they would welcome. It's a sign that the economy is moving in the right direction. So we shouldn't be afraid of it. But I'm not convinced we're going to get anything like the 80s or 70s style inflation. We haven't got that wage spiral price mechanism that we had back then. We still have globalization and tech that are reducing labor costs. And I think that means you won't get full-fledged economic inflation. So my answer is a) I don't think we have got runaway inflation ahead of us, and b) if we do, commodities are a good place to hedge.
Eddie: Thank you. Andy, what are your thoughts on that?
Andrew: As far as inflation goes, I just saw a study that came out and said you have to run inflation at two and a half percent for about 36 months before it really becomes a problem. And we've been undershooting inflation targets globally for some time now. So I worried that the Fed is too sanguine about it a bit because I see it in the housing prices, I see it in a lot of the commodity prices that we're seeing the surge and I know a lot of money flowing in. So we'll see inflation continue to go up from this point. And I guarantee you, once the US economy really feels like it's reopening in the sense of people feel comfortable with face to face meetings and traveling and going to destinations and having business conferences, then you're going to see a surge in demand for a lot of different products that will drive it. One of the things that I see right now that's really interesting is the rise in Bitcoin. That is emblematic, I think of the speculation that's going on around the world. And the way I look at Bitcoin is yes, it has practical purposes. But I compare it more to art, who's to say what the value of art is? It has value, it could be a store of wealth, for sure. It's not quite a medium of exchange as far as Bitcoin goes, it's too slow. But I think it's emblematic of how much trading is going on, how much speculation is going on. And then you can toss in GameStop, as well. But that's what I see. As money flows freely and as stimulus checks get paid out, It drives demand for a lot of interesting things. And I wouldn't call it necessarily a bubble, but things that are expanding, trading-wise, that you really got to keep an eye on and watch very carefully.
Eddie: Right, thank you very much. Swithun, any thoughts on inflation at all, from your part of the world?
Swithun: I think Kona said it, but commodities are a great hedge for inflation. So I think that that's one of the reasons why we might be seeing a super cycle in commodities. And you'll be talking about that more tomorrow. So, what's for farmers holding on to their crops as a hedge for inflation.
Eddie: Much as they did in Argentina when they started putting taxation on it.
Swithun: QED and the storage are cheap and plentiful. So I think that a lot of people got squeezed last summer. when they were short, the market, the farmer just sat on his crop, didn't sell. Prices went from $180 to $300, on wheat. so rinse and repeat. If you don't learn from history, you'll repeat it.
Eddie: I think it was Mark Twain who said history doesn't repeat itself. It just rhymes. We're gonna be coming up to our end now. So thank you very much to all our audience for listening. I'm going to ask our panelists now. In a phrase of 10 words or less, I'll say that, is 2021 bringing some disruption to 2020? What are your thoughts after all you've heard so far today? Kona how would you answer that question?
Kona: Ten words. Commodities, inflation, hedge, supercycle, V or U-shaped recovery. Watch out for the US dollar.
Swithun: That's more than 10 words Kona.
Kona: No, that was literally 10. I was counting.
Eddie: I'm moderating this. Kona thank you very much. You're very kind. Swithun, you will have your say in a moment. Andy, what are your thoughts in 10 words or less?
Andrew: Can 2021 be more disruptive than 2020. Kind of hard to beat it. But there is an upside for more craziness.
Eddie: We love the craziness. Swithun, what are your thoughts on this?
Swithun: Well, I can't do it in 10 words, but I'll try and do it in 10 sentences. So firstly, we don't have an unhinged guy tweeting at midnight. So that is one thing, that we will have less disruption of immoderate tweets sent, that people will be shocked and appalled and buying or selling whatever commodity he's either endorsing or slagging off. So I think that we'll see less disruption from that perspective politically, but I think it's a few trade wars that will carry on. There'll be a geopolitical power play between the US and China that will be ongoing. You've got the disruption of the EU in the UK. So I think we'll have less disruption, but not much less.
Eddie: Less disruption but not much less. I'll take those as being the 10 words.
Andrew: You could have just said that Swithun.
Eddie: I think it's fair enough. He's got a great, big, lovely tractor behind him. Of course, he can say whatever he wants. Combine harvester, I correct myself. Lady and gentlemen, thank you very much. It's been an absolute pleasure and honor to be here and thank you very much for the very decisive and interesting points that have been raised.
Molecule is the modern and reliable ETRM/CTRM. Built in the cloud with an intuitive, easy-to-use experience at its core, Molecule is the alternative to the complex systems of the past. With near real-time reporting, 30-plus integrations, and headache-free implementations, Molecule gets your ETRM/CTRM out of your way – because you have more valuable things to do with your time.
Molecule provides next-generation P&L, and near real-time VaR and position reporting for companies that trade any kind of commodity. Molecule can be used for power, natural gas, crude oil, renewables, biofuels, liquids, metals, agricultural products, softs and FX futures/options.
Molecule is the modern and reliable ETRM/CTRM. Built in the cloud with an intuitive, easy-to-use experience at its core, Molecule is the alternative to the complex systems of the past. With near real-time reporting, 30-plus integrations, and headache-free implementations, Molecule gets your ETRM/CTRM out of your way – because you have more valuable things to do with your time.
Molecule provides next-generation P&L, and near real-time VaR and position reporting for companies that trade any kind of commodity. Molecule can be used for power, natural gas, crude oil, renewables, biofuels, liquids, metals, agricultural products, softs and FX futures/options.
The Commodities Club is the focal point of all commodities related conversations at the London Business School. The CommoditiesClub aims to educate LBS students about commodity trading and connect them with leading firms. We appreciate the ongoing support from our corporate partners as we prepare the next generation of business leaders.
Commodity Society at the London School of Economics (LSE)
FUTURE LEADERS INITIATIVE
The Commodity Society at the London School of Economics (LSE) is a student-run organisation dedicated to fostering knowledge and understanding of the commodities sector. Our mission is to provide a platform where students and industry professionals can converge to share insights, trends, and opportunities within the world of commodities. We organise a variety of events, including seminars, workshops, and networking sessions, aimed at both educating our members about the commodities market and offering them tangible career opportunities. We are constantly on the lookout for partnerships with companies and individuals who are keen to engage with our enthusiastic members. Collaborating with us offers the chance to tap into the dynamic and intellectually rich environment of the LSE, connecting with motivated students eager to make their mark in the commodities sector.
The Bayes Energy & Commodities Society is a student-run group that has become a vital resource for anyone interested in diving deep into the energy and commodities fields at Bayes Business School in London (formerly Cass). The society blends academic learning with real-world industry insights through events, guest lectures, and networking opportunities, bringing professionals and students together for an enriching experience.
A standout aspect of the society’s offerings is the biweekly market report. These reports offer a deep dive into the latest trends, prices, and forecasts in the energy and commodities markets, providing members with the knowledge and skills they need to stay informed and ahead in their future careers.
Moreover, the society is a community where students with an interest about energy and commodities come together to learn, discuss, and explore the future of these industries. Through its activities, the Bayes Energy & Commodities Society showcases the commitment of Bayes Business School to fostering an environment to empower the next generation in the dynamic world of energy and commodities.
The International Association of Dry Cargo Shipowners (INTERCARGO) is the voice of the world’s quality dry cargo sector, bringing together 250 forward thinking companies from over 30 countries operating over 3,000 vessels. Since 1980 we provide the ONLY global sector-specific forum where dry bulk shipowners, managers and operators are informed about, discuss, and share concerns on keytopics and regulatory challenges, especially in relation to security, safety, the environment, and operational excellence.
We have represented the unique interests of the sector at the InternationalMaritime Organization (IMO) for over thirty years as an authorised NGO, as well as in other international shipping industry fora, having free and fair competition as our main principle. Membership of INTERCARGO is widely seen as a badge of quality throughout the industry.
INTERCARGO is a Founding Member of the newly launched Dry Bulk Centre of Excellence (DBCE)and stands at the forefront of the current challenges faced by the dry bulk sector, enabling its members to promote industry issues at the highest level.The industry expertise within INTERCARGO has positioned us at the centre of the environmental agenda, and the Association is spearheading a number of key initiatives aimed at supporting IMO in its decarbonisation targets and ambitions.
Please visit our website and join our membership today.
The Sustainable Shipping Initiative (SSI) is a multi-stakeholder collective of ambitious and like-minded leaders, driving change through cross-sectoral collaboration to contribute to – and thrive in – a more sustainable maritime industry.
Eaglecliff Recruitment is a distinguished leader in the field of Energy Trading Talent Acquisition, renowned for their unwavering dedication to excellence and innovation. With a rich history spanning decades, Eaglecliff has established itself as a trusted partner for both organisations seeking top-tier talent and individuals pursuing their career aspirations.
What sets Eaglecliff apart is its established database with Contractors who have worked with them for many years. This is combined with a commitment to a personalised service and deep understanding of the industries it serves. Their team of Recruitment experts possesses a wealth of experience across Energy Trading and IT, enabling them to offer tailored solutions that precisely meet the needs of clients and candidates alike.
At Eaglecliff, integrity and transparency are the cornerstones of every interaction. They prioritise building long-lasting relationships based on mutual trust and respect, ensuring that every placement is a seamless fit for both parties.
Eaglecliff Recruitment leverages cutting-edge technology and innovative methodologies to streamline the recruitment process, delivering results with unparalleled efficiency and accuracy.
As a major provider of education and training, the Institute of Chartered Shipbrokers (ICS) sets and examines the syllabus for membership, providing the shipping industry with highly qualified professionals.
ICS is the only internationally recognised professional body in the maritime arena and it represents shipbrokers, ship managers and agents throughout the world.
With 25 branches in key shipping areas, 4000 individuals and 120 company members, the Institute’s membership represent a commitment to maintaining the highest professional standards across the shipping industry.Founded in 1911, the Institute was awarded a Royal Charter in 1920.
The Charter was amended in 1984 to open the member companies and non-British subjects. As a result, the Institute is now truly international and provides a great deal of opportunity for networking.
Value Creed is a unique team of energy experts with deep expertise in every stage of the commodity value chain as well as CTRM platform ownership from process design & software selection through run/operate maturity. Specializing in both complex projects and day-to-day CTRM managed services, we support thousands of CTRM users/ energy market participants 24/7/365.
As an ISO 9001 certified company and member of Inc. 5000’s list of America’s fastest- growing private companies, we adhere to the best quality management practices and you can rely on us to maintain our quality and stability in all advisory & CTRM services.
We are your partner as you contemplate business process improvement, platform implementations & upgrades, seek innovative ways to find solutions to complex problems, or look to take advantage of cloud hosting and CTRM automation solutions.
We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Customers rely upon our solutions to plan, build, operate, optimize and maintain their power infrastructure, whilst increasing overall flexibility and resilience.
Our Grid Automation hardware, software and services portfolio unites deep domain knowledge and innovative technologies that enable customers across the globe to optimize the critical systems that power, move and connect us. Our digitalization solutions are cost effective, agile and innovative, delivering control, visibility and stability for increasingly complex systems.
Through digitalization we can improve reliability and resiliency, and enable a wide range of sustainable choices.
RJC Group is a niche recruitment company to the energy trading market focusing on software development and business change. Through our unique network we provide high calibre candidates and focus on building long term relationships with our candidates and clients.
Quantifi is a provider of risk, analytics and trading solutions for the global financial markets and commodities industries. Founded in 2002, Quantifi is trusted by the world’s most sophisticated financial institutions across 40 countries. Quantifi’s Commodity Counterparty Risk Management Solution is a high-performance, scalable and intuitive solution that can be seamlessly integrated with a firm’s existing processes and systems. It is designed to help reduce risk and operational complexity with more accurate analytics, consolidated reporting and simplified data management. Automated processes reduce costs and allow firms to respond faster to credit events to mitigate losses. Firm-wide, all participants involved in the credit decision-making and risk management process can use Quantifi to make optimum credit decisions while managing the associated risk.
Founded to transform the way the maritime world works and makes decisions, Veson is a global market leader in developing, implementing, and supporting the solutions that propel maritime commerce. The Veson IMOS Platform (VIP) empowers commodities traders with a set of tools that enable them to rapidly evaluate and secure the strongest deals, manage contracts at every point of the voyage lifecycle, optimize pre-fixture decisions, rapidly discern mark-to-market performance, and manage maritime freight exposure. Driven by a commitment to continual innovation, a spirit of collaboration, and an enduring focus on customer success, Veson is a trusted partner to commodities traders as they navigate evolving business realities and new possibilities in a digital age.
Gen10 focus on making the day-to-day tasks of commodity and carbon trading faster and simpler through automation and collaboration. Our technology empowers our clients, completing the feedback loop between trading and finance to support smarter, safer trading decisions.
The cloud-first technology can be accessed on any device, with systems providing lifecycle carbon credit management as well as complete commodity management. And our platforms combine all the features you expect of a CTRM with enhanced operational risk controls and greater support for logistics and operations to create end-to-end commodity management.
The flexible systems use powerful automated workflows that can be customised for your organisation’s processes and integrated with existing technologies such as finance and ERP systems for real-time data-sharing. This is how we can provide commodity-specific support to over 100 commodities; across cocoa, cotton, metals & concentrates, petrochemicals, and more – in one cloud platform.
Gen10 believes in making innovative, high value and flexible commodity management solutions. The UK-based development and support teams work in collaboration with clients to build up a real understanding of the challenges they face; delivering technology that drives value from their massive data flows and transforms their operations.
MARPRO operates the Maritime Professionals, a source of information for the global maritime community regarding relevant news, jobs, events, and companies. It is our job to empower and give a voice to shipping and maritime companies, maritime organizations, and individual maritime professionals.
The strong channels consist of:
A portal attracting more than 27,000 unique visits every month.
An up-to-date weekly worth-reading newsletter consisting of maritime business intelligence, including featured articles, blogs, a global job board and access to worldwide maritime events. The newsletter has an audience of +16.000 maritime professionals.
The portal is integrated into MARPRO´s social media channels, with the largest being MARPRO’s LinkedIn company page and the groups Maritime Professionals and Maritime Deck Officers with more than 86,000 members.
Artis is a cloud-based solution replacing the market valuation spreadsheet with access to exchanges & live broker curves, and instant sharing of audited internal data across an organisation with a simple login. The user-level bespoke view is a fit-for-purpose, intuitive solution for global trading and broker firms alike whilst maintaining the look and feel of Excel. Artis provides a broad suite of tools for managing pricing curves, margins, physical econs and more.
Users have instantaneous access to an increasingly broad range of price curves for different products, tenors and from different sources at their fingertips in real-time. This, of course, removes the need to manually add data or upload from spreadsheets meaning time savings and less chance of error.
Brokers can surface their live data via the application to customers permissioned to access that data. Traders have access to complete real-time curves fully integrated to their screen, improving overall efficiency whilst importantly continuing the conversation with the broker.
As a cutting edge SaaS platform it’s intuitive to use and platform agnostic. Users can access the information they need from any device, at any time. Most importantly we can deploy in minutes with minimal integration required to start using the product.
CZ provides supply chain services for an ever-changing world, with our offering ranging from the world of trade finance to corporate finance and hedging. Our deep understanding of global market dynamics enables us to provide services that make positive change. We work with clients across the full food and beverage supply chain, involving a range of food ingredients, energy and packaging products. Our free resources and insights reach an audience of over 150,000 monthly readers and are available at the touch of a button through the CZ App.
Trade Data Monitor (TDM) publishes and collects the official import/export trade statistics for 120+ monthly reporting countries (and even more annually). The data is available for all commodities, including everything from specific agricultural products to iron ore to gold. View the data in terms of value, quantity and average unit value (AUV) and benchmark it against pricing information. The database is updated daily and includes the most recent revisions in the industry. TDM is always updating our newest features and reports – ask us what’s new!
Clients use the data to analyze supply chains, identify new export markets and mitigate risk, forecast market trends, and analyze global trade policy and how world events (i.e. war, famine, national security, climate change, etc.) may impact trade movements. Clients include traders and economists in the financial sector, along with 5+ central banks, 10+ government agencies, international organizations like the WTO, 100+ trade associations, and other market analysts in the corporate sector.
Established in 2015, SINGA Associates was founded to meet the demand for top-tier consultancy services in the Energy and Commodity Trading sector. Our mission is to serve as strategic partners, providing expert guidance and innovative solutions to navigate the complexities of the market. With a focus on blending subject matter expertise with technical proficiency, we empower organizations worldwide to achieve unprecedented success. SINGA Associates stands out for its unwavering commitment to excellence and deep industry knowledge, offering a comprehensive suite of consultancy services tailored to meet the unique needs of each client. As pioneers in the field, we leverage cutting-edge technology to drive efficiency, optimize processes, and maximize profitability for trading entities globally.
Founded in 2018, ERA Commodities is a commodity derivatives trading group specialising in oil and oil products. Located in Singapore and London, ERA Commodities trades primarily on ICE and CME and provides dependable liquidity to our brokers and our direct trading counterparties.
The ICC Digital Standards Initiative (DSI) aims to accelerate the development of a globally harmonised, digitalised trade environment, as a key enabler of dynamic, sustainable, inclusive growth. We engage the public sector to progress regulatory and institutional reform, and mobilise the private sector on standards harmonisation, adoption, and capacity building.
The DSI is a global initiative based in Singapore, backed by an international Governance Board comprising leaders from the International Chamber of Commerce, Enterprise Singapore, the Asian Development Bank, the World Trade Organization, and the World Customs Organization.
Czapp is CZ’s market portal – a one-stop shop for global trade in the food and energy sectors. The platform provides daily expert commentary from our global team of analysts, across a range of agricultural commodities, as well as customisable, interactive data drilldowns and real time access to a range of market prices. Czapp is delivered by CZ, a company with unrivalled experience and reputation in the commodities sector, making Czapp a tool you can trust.
Established by the Financial Stability Board in June 2014, the Global Legal Entity Identifier Foundation (GLEIF) is a not-for-profit organization created to support the implementation and use of the Legal Entity Identifier (LEI) and its digital counterpart the verifiable LEI (vLEI). GLEIF is headquartered in Basel, Switzerland.
GLEIF’s mission is to manage a network of global partners to provide trusted services and open, reliable data for unique legal entity identification worldwide. GLEIF makes available the technical infrastructure to provide, via an open data license, online access to the full global LEI database free of charge to users. GLEIF is overseen by the Regulatory Oversight Committee, which is made up of representatives of public authorities from across the globe.
Diversity and inclusion underpin GLEIF’s values. This is reflected in its workforce of approximately 60 staff from over 20 nations, its operational excellence, and its commitment to open, global participation in the Global LEI System.
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale.
We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships.
We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song.
These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.
XDC Trade Network is a Singapore-started fintech, using blockchain and other advanced technologies like AI and IoT, we have developed a solution to digitalise cross-border trade documents.
Our solution primarily does the following:
Help create all types of trade documents digitally adhering to the latest standards recommended by ICC DSI. These documents have the legal validity of electronic transferable records that are functionally equivalent to paper-based transferable documents and instruments including bills of lading, bills of exchange, promissory notes, and warehouse receipts.
Shippers can avail of receivables finance when they submit their trade document created in an MLETR-supported solution.
XDC is looking at lowering compliance costs, easing access to capital, allowing monitoring of logistics chains in real-time, and even helping prevent documentary fraud.
A typical trade transaction can take 2-3 months to complete and involve up to 27 paper documents. Four billion paper documents float through the trading system at any given time. As per Asian Development Bank, the global trade finance gap has reached an estimated $2.5 trillion in 2022, which affects mostly the SMEs.
Our solution is a welcome relief for commodity traders who can go digital with our revolutionary solution and tap into liquidity for their trades. Visit us for more on how you can get started.
capSpire is a global consulting and solutions company that creates, customizes, and implements value-driving technology for commodity-focused organizations. Fueled by direct industry experience in commodities trading, risk management and analytics, they offer expertise in business process advisory, managed services and operations consulting.
With over 20 years of proven experience providing mission-critical technology in some of the most demanding and highly-regulated markets, Nasdaq is the world’s largest capital markets infrastructure technology provider, with its technology powering 1 in 10 of the world’s securities transactions globally.
Nasdaq has 10+ years of experience in regulatory and risk management technology, making the Nasdaq Risk Platform a proven solution enabling firms to monitor and manage their aggregate risk exposure across markets, asset classes, regions, and accounts in real-time through flexible pre-, at-, and post-trade controls.
The solution operates off a centralized hub that provides a single point of awareness and control across all risk silos and various systems monitored by the Nasdaq Risk Platform. Nasdaq Risk Platform provides firms with tools that can provide actionable intelligence through this holistic layer of control across trading activity.
Nasdaq Risk Platform can also help reduce operational risk across the enterprise. Firms can use the Nasdaq Risk Platform to set global limits across all of their systems to proactively manage aggregate exposure, instead of trying to address the problem through disparate or retroactive measures. Nasdaq Risk Platform process over 130 data handlers daily. The sophisticated solution is able to standardize data, enabling firms to gain additional business insight, better manage regulatory compliance and leverage additional business applications.
Sea is the leading provider of commercial software solutions for global maritime trade. Sea delivers reliable, data-driven solutions that power better decisions to enable sustainable shipping for charterers, brokers, and owners.
Leveraging innovative software with strategic collaborations, and integrations with key partners across the maritime ecosystem, Sea is rapidly becoming the intelligent marketplace for fixing freight for global shipping professionals.
Gain an edge in Trading Firm Efficiency, Compliance, and Risk Management with BroadPeak. Business users drive trade data management, transaction surveillance, regulatory reporting, and position limits. Benefit from certified connections for trades and orders directly from venues, brokers, and trading systems.
Gain an edge in Trading Firm Efficiency, Compliance, and Risk Management with BroadPeak. Business users drive trade data management, transaction surveillance, regulatory reporting, and position limits. Benefit from certified connections for trades and orders directly from venues, brokers, and trading systems.
Loqsea Technology Ltd ‘Risk Manager’ is a comprehensive and affordable commodity trading platform for front – office Trading and Risk Management. It features electronic trading with exchanges and it has Live position and Live P&L, setting us apart from other CTRMs. It is a SaaS offering making implementation and ongoing maintenance simplified and inexpensive.
Risk manager has Live trade capture, OTC blotters, Futures, Options, Var and ‘on demand’ exchange margination. Live Position Matrices and Live LME trading cards make position visualisation and reconciliation easy.
Live P&L views ensure that the risk is managed properly and accurately. Both ‘end of day’ and intra – day ‘snapshots’ facilitate the management of risk on a timely basis.
Gen10 focus on making the day-to-day tasks of commodity and carbon trading faster and simpler through automation and collaboration. Our technology empowers our clients, completing the feedback loop between trading and finance to support smarter, safer trading decisions.
The cloud-first technology can be accessed on any device, with systems providing lifecycle carbon credit management as well as complete commodity management. And our platforms combine all the features you expect of a CTRM with enhanced operational risk controls and greater support for logistics and operations to create end-to-end commodity management.
The flexible systems use powerful automated workflows that can be customised for your organisation’s processes and integrated with existing technologies such as finance and ERP systems for real-time data-sharing. This is how we can provide commodity-specific support to over 100 commodities; across cocoa, cotton, metals & concentrates, petrochemicals, and more – in one cloud platform.
Gen10 believes in making innovative, high value and flexible commodity management solutions. The UK-based development and support teams work in collaboration with clients to build up a real understanding of the challenges they face; delivering technology that drives value from their massive data flows and transforms their operations.
We are RadarRadar (formerly Tradesparent). Experts in the commodity trade and processing industry. Operating in the most fundamental industries of the world, food, energy and other commodities. Since 2010, we deliver high profile projects for the world’s leading commodity producers, traders, and processors. We work with our clients to configure bespoke and extendable data solutions, enabling their successful digital transformation.
In today’s fast-paced information age, with insecurities about climate change, political developments, and increasingly volatile markets, it becomes more and more challenging to have access to the right knowledge in- and outside the company. This increases risks in the daily financial and physical operations, and challenges adequate and controlled decision-making.
RadarRadar provides your business with the knowledge it needs to succeed. As technology company we continuously aim to support our clients with strong data management and advanced risk tools. It is our mission to enable companies to unlock the full potential of their data to improve risk and margin management and boost performance.
RadarRadar. World leader in real time food & energy
Founded in 2016, cQuant.io is an industry leader in analytic solutions for energy and commodity companies. Specializing in Total Portfolio Analysis, cQuant’s cloud-native SaaS platform simulates all risk factors, optimizes portfolio decisions, and includes dynamic reports and dashboards for better decision making. cQuant’s customers have greater insight into their financial forecasts and the drivers of value and risk in their business.
cQuant is a team of senior quantitative model developers, experienced energy analysts, software developers and cloud infrastructure experts. Leveraging decades of energy experience, cQuant is committed to serving the present and future analytic landscape with the most accurate models and highest performance in the industry. The field of analytics is changing rapidly and cQuant is dedicated to offering the latest advantages to their customers.
With great attention to detail, the Swiss company Erich Keller plans and manufactures high-quality furniture for stock exchange, energy, and commodities trading. The rock-solid and yet elegant-looking trading desks from the H-COM family meets the technical and ergonomic needs of today and tomorrow. A multiple benefit for the trading companies is also our new room in room system Talky. The pods set new standards in terms of flexibility, quality, and design of new work environments. Phone calls? Focused work? Brainstorming? Video calls? Outline ideas? Arrange books? Place plants? Hang up a jacket? Sure, anything with Talky. Workspace inside, creative space outside.
The Propeller Club – Port of Geneva is a professional association providing opportunities for Shipping and Trading professionals to network and develop their knowledge.
Founded in 1983, the Club has been actively involved in the local and international Shipping and Trading community and presently is proud to have about 160 members including individuals working as shipowners, traders, charterers, logistics providers, agents, banks, insurers and lawyers as well as a large number of companies active in the market.
Geneva is a global hub for Shipping and Trading and in an industry where network is key to one’s individual and to the industry’s success, the Propeller Club serves a vital role.
The Propeller Club organises a range of events which are open to the Shipping and Trading community both in Geneva and those visiting for work or pleasure. These events include monthly evening events focused on specific topics combining learning and networking opportunities. On a more social level, the Club organises networking events such as our annual events to celebrate Escalade, an annual outing on the Neptune on Lake Geneva and a summer lunch. The Club also organises drinks events to promote networking in the larger community.
The Propeller Club is in close contact with Propeller Clubs in ports and cities throughout Europe and further afield to coordinate our activities and to create value for the broader network.
MDX Technology (MDXT) delivers OTC price sharing technology to the global trading community. Over 100 firms rely on our low-code, workflow and data connectivity platform to execute and exploit lucrative opportunities faster than their competitors.
Whether you are a trader looking to build curves, manage positions and share pricing across global desks, or a broker looking to publish prices for customers to trade directly or launch an RFQ, we have out of the box and customizable solutions. MDXT is; fast to deploy, high performing, reliable, cost effective, easily configurable without the need for overburdened internal development resources.
We are true specialists in real-time data distribution with extensive pre-built functionality and knowledge to accelerate deployments.
Users include investment banks, energy and commodity trading firms, brokers, exchanges, asset managers, hedge funds, and trading venues. Headquartered in London we serve Europe, North America and Asia.
In the Commodity Trading and Management business, expertise emerges as the most valuable resource. A deep understanding of the commodity trade lifecycle is what makes Quor Group, the leading Commodity Trading, and Commodity Management solutions provider.
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
MARKET DATA ANALYZER – ENERGY EDITION
FIS® Market Data Analyzer – Energy Edition (formerly MarketMap Energy) provides validated, aggregated market information in a flexible framework. It improves forecasting, reduces operational costs and increases efficiency in data management, storage and access, leveraging our robust data warehouse featuring over 1,000 high-quality feeds offering comprehensive coverage of global asset classes. At the core of our solution is Forecasting, Analysis and Modelling Environment (FAME), an analytic database management system (ADBMS). FAME is optimized for the storage and dissemination of time series. The platform is further extended with a series of application programming interfaces, toolkits, web services, connecting this big data time series container to downstream applications and desktop statistical packages. Our Clients Energy and commodity companies as well as utilities with a significant interest in energy benefit from Market Data Analyzer – Energy Edition solution. This empowers them to reduce data costs, reduce operational risk and modernize the data landscape.
Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. It also operates Asia’s only multi-partner, multi-asset exchange-led sustainability platform (sgx.com/first). As Asia’s most international multi-asset exchange, SGX Group offers global investors unrivalled access to Asia across asset classes – Commodities, Equity Derivatives, Fixed Income, FX, Indices and Securities.
Part of the SGX Group, SGX Commodities offers a best-in-class and sustainable price discovery and risk management venue for key commodities powering Asia’s growth.
At the heart of Asia, where rapid urbanisation, infrastructural growth and the convergence of energy transition are picking up pace, SGX Commodities’ ‘Virtual Steel Mill’ and ‘Virtual Car Complex’ provide a trusted and liquid platform for market participants’ price discovery and risk management needs across iron ore, steel, freight and energy metals.
The Singapore Mining Club was formed in early 2014 by mining industry professionals who recognized the benefit that could be provided by an active industry association to support the further development of Singapore’s growing mining industry.
What is the Singapore mining club about?
All companies – large and small, and across a wide range of industries – need to focus on the business dynamics of mining; the pioneers, partnerships, capital, transactions, joint ventures and capex that determine the future direction of the industry. Our aim is to provide a platform to help them address such challenges.
The Club is able to connect the mining and commodities ecosystem regionally and globally. Our members come from a wide range of background and include leaders from mining companies and other associated industries such as engineers, geologists, accountants, economists and lawyers.
DycoTrade delivers high-end commodity ERP software solutions for commodity and trade companies all over the world.
Commodity businesses need to be agile, efficient and on top of positions, risk mitigations and forex hedging. Our users are in full control of their commodity business with the DycoTrade Commodity ERP Solution.
DycoTrade offers a cloud based CTRM solution, fully embedded in MS Dynamics 365 Finance &Supply Chain Management. This means we rely on the broad standard functionality of Microsoft including Finance, SCM, Production, HR, Power BI, and we add the trading specific functionality.
Backed by Microsoft hosting centers and the Microsoft Azure SaaS environment all our customers are supported by the most solid and reliable infrastructure available.
Out-of-the-box DycoTrade is characterized by rich functionality and very intuitive and user-friendly screens, including Quick Start report sets and BI dashboards to monitor and analyze operations and risks minute by minute.
DycoTrade has been providing services to commodity trading businesses for over 20 years. With a full focus on commodity trading companies, in Food, Feed and Metals the DycoTrade team designs, develops, implements, and supports the DycoTrade Software for companies worldwide.
Our consultants speak your language and know your business.
We are RadarRadar (formerly Tradesparent). Experts in the commodity trade and processing industry. Operating in the most fundamental industries of the world, food, energy and other commodities. Since 2010, we deliver high profile projects for the world’s leading commodity producers, traders, and processors. We work with our clients to configure bespoke and extendable data solutions, enabling their successful digital transformation.
In today’s fast-paced information age, with insecurities about climate change, political developments, and increasingly volatile markets, it becomes more and more challenging to have access to the right knowledge in- and outside the company. This increases risks in the daily financial and physical operations, and challenges adequate and controlled decision-making.
RadarRadar provides your business with the knowledge it needs to succeed. As technology company we continuously aim to support our clients with strong data management and advanced risk tools. It is our mission to enable companies to unlock the full potential of their data to improve risk and margin management and boost performance.
RadarRadar. World leader in real time food & energy
We are RadarRadar (formerly Tradesparent). Experts in the commodity trade and processing industry. Operating in the most fundamental industries of the world, food, energy and other commodities. Since 2010, we deliver high profile projects for the world’s leading commodity producers, traders, and processors. We work with our clients to configure bespoke and extendable data solutions, enabling their successful digital transformation.
In today’s fast-paced information age, with insecurities about climate change, political developments, and increasingly volatile markets, it becomes more and more challenging to have access to the right knowledge in- and outside the company. This increases risks in the daily financial and physical operations, and challenges adequate and controlled decision-making.
RadarRadar provides your business with the knowledge it needs to succeed. As technology company we continuously aim to support our clients with strong data management and advanced risk tools. It is our mission to enable companies to unlock the full potential of their data to improve risk and margin management and boost performance.
RadarRadar. World leader in real time food & energy
DycoTrade delivers high-end commodity ERP software solutions for commodity and trade companies all over the world.
Commodity businesses need to be agile, efficient and on top of positions, risk mitigations and forex hedging. Our users are in full control of their commodity business with the DycoTrade Commodity ERP Solution.
DycoTrade offers a cloud based CTRM solution, fully embedded in MS Dynamics 365 Finance &Supply Chain Management. This means we rely on the broad standard functionality of Microsoft including Finance, SCM, Production, HR, Power BI, and we add the trading specific functionality.
Backed by Microsoft hosting centers and the Microsoft Azure SaaS environment all our customers are supported by the most solid and reliable infrastructure available.
Out-of-the-box DycoTrade is characterized by rich functionality and very intuitive and user-friendly screens, including Quick Start report sets and BI dashboards to monitor and analyze operations and risks minute by minute.
DycoTrade has been providing services to commodity trading businesses for over 20 years. With a full focus on commodity trading companies, in Food, Feed and Metals the DycoTrade team designs, develops, implements, and supports the DycoTrade Software for companies worldwide.
Our consultants speak your language and know your business.
Founded in 2015, cQuant.io is an industry leader in analytic solutions for energy and commodity companies. Specializing in Total Portfolio Analysis, cQuant’s cloud-native SaaS platform simulates all risk factors, optimizes portfolio decisions, and includes dynamic reports and dashboards for better decision making. cQuant’s customers have greater insight into their financial forecasts and the drivers of value and risk in their business.
cQuant.io is a team of senior quantitative model developers, experienced energy analysts, software developers and cloud infrastructure experts. Leveraging decades of energy experience, cQuant.io is committed to serving the present and future analytic landscape with the most accurate models and highest performance in the industry. The field of analytics is changing rapidly and cQuant.io is dedicated to offering the latest advantages to their customers.
ICIS is a trusted source of global commodity intelligence for the energy, chemical and fertilizer industry. We are a division of RELX, a FTSE 15 company with a market cap of £46 billion and an employee base of over 30,000 experts across 40 countries.
At ICIS, we help businesses make strategic decisions, mitigate risk, improve productivity, and capitalise on new opportunities. We make some of the world’s most important markets more trusted and predictable by providing data services, thought leadership and decision tools. As a result of our unmatched global presence, we can deliver targeted connected intelligence to influence thousands of decisions across supply chains every single day. We shape the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
Ventriks help customers accelerate and enable actionable information with the cloud-native Ventriks Data Platform. Unbounded by scale, flexibility and data type, organisations can extend and mature their data management and analytical workloads using data-application ready connectors, automated workflows and an advanced business rules management system, supported by a Digital Data Marketplace. Ventriks powers the complete data journey across all industries and geographies.
Ventriks Data Platform (VDP) is a cloud-native and cloud-agnostic solution, built for data teams by data teams, that enables users to work and collaborate with any data, unbounded by scale, performance, and flexibility. VDP offers a faster and more efficient platform to ingest, transform, and orchestrate data workloads with no-code data connectivity and engineering, automated inter-application workflow and powerful data targeted components.
Ventriks Data Marketplace (VDM) provides data partners the opportunity to attract and engage with a wider audience and our clients to have a better experience in sourcing, monetising, procuring, and sharing data content.
Empowering business performance in energy markets.
Brady Technologies enables energy market participants to profit in new ways from the green energy transition, supporting Environmental, Social & Governance (ESG) requirements. We provide software solutions to support above market returns, resilient risk management and scheduling in volatile markets.
Our customers include globally renowned organisations from utilities, independent power producers, renewable asset developers, energy trading firms, oil & gas companies, state power grid operators and commodity trading firms. Whether engaged financial or physical trading, on major exchanges or over-the-counter, we help market participants to realise revenue growth across the trading life cycle.
Our solution suite comprises:
PowerDesk – a SaaS trader’s dashboard for European intraday and day-ahead power trading. With dynamic, intelligent visualisation of live P&L and market connectivity from one central place, traders are empowered to seize opportunities faster and optimise revenues from generation assets.
Igloo – a high-performance SaaS ETRM solution designed in collaboration with one of the world’s largest financial energy traders. It offers a state-of-the art user experience, unrivalled exchange connectivity and support for automated trading volumes in excess of 10,000 trades per day. Igloo helps energy trading desks achieve maximum return on investment from their operations.
PowerDesk Scheduler – helps traders to deliver power through the majority of TSOs across Europe in a single solution. The solution helps to maximise trading opportunities enabling adherence to country-specific TSO communication protocols and deadlines.
CRisk – a cloud credit risk management solution providing real-time exposure monitoring to ensure oversight and control of all counterparty positions. Supports the entire OTC counterparty lifecycle from assessment to limit allocation and exposure management, both current and PFE. This is supplemented by comprehensive CSA collateral management capability and liquidity forecasting.
Energy Data Manager – A market leading trading and communication platform for Nordic electricity market participants. Supports day-ahead, intraday and reserve market bidding, including FCR, aFRR and mFRR. Enables power scheduling via Norwegian, Danish, Swedish and Finnish TSOs.
Axpo is driven by a single purpose – to enable a sustainable future through innovative energy solutions. Axpo is Switzerland’s largest producer of renewable energy and an international leader in energy trading and the marketing of solar and wind power. Axpo combines the experience and expertise of more than 6,000 employees who are driven by a passion for innovation, collaboration and impactful change. Using cutting-edge technologies, Axpo innovates to meet the evolving needs of its customers in over 30 countries across Europe, North America and Asia.
Pole Star is the global leader in maritime intelligence and technology. Pole Star has been developing solutions to protect our customers’ vessels, people, reputation, and financial investments since 1998. It has pushed the limits of innovation, working with governments and businesses across the supply chain to mitigate the growing threats to ships, supply chains, cargo, territorial waters, and lives within the maritime infrastructure and beyond. Pole Star’s wide range of solutions is designed specifically to enable time-critical decisions and mitigate risk across all facets of maritime activity – from cross-border trade to sustainability risk to monitoring territorial waters, and everything in-between.
Designed with and for companies with regulatory exposures in maritime trade and shipping, PurpleTRAC enables the automation, streamlining, and recording of your regulatory processes and mitigates the risk of money laundering and terrorist financing, alongside the criminal, reputational, and commercial damage that would occur as a result of noncompliance. PurpleTRAC is used by major international trade financing banks, trading companies, governments, flag administrations, maritime insurers, ship financing and leasing companies, and other members of the supply chain to demonstrate best efforts in compliance, all within an easy-to-use, web-based solution with API.
Gen10 focus on making the day-to-day tasks of commodity and carbon trading faster and simpler through automation and collaboration. Our technology empowers our clients, completing the feedback loop between trading and finance to support smarter, safer trading decisions.
The cloud-first technology can be accessed on any device, with systems providing lifecycle carbon credit management as well as complete commodity management. And our platforms combine all the features you expect of a CTRM with enhanced operational risk controls and greater support for logistics and operations to create end-to-end commodity management.
The flexible systems use powerful automated workflows that can be customised for your organisation’s processes and integrated with existing technologies such as finance and ERP systems for real-time data-sharing. This is how we can provide commodity-specific support to over 100 commodities; across cocoa, cotton, metals & concentrates, petrochemicals, and more – in one cloud platform.
Gen10 believes in making innovative, high value and flexible commodity management solutions. The UK-based development and support teams work in collaboration with clients to build up a real understanding of the challenges they face; delivering technology that drives value from their massive data flows and transforms their operations.
Globally the largest commodity tokenisation platform ($600 Million and counting), Brú finance leverages decentralised finance rails to create a global commodity finance market. Using its innovative tokenised commodity backed bonds, Brú allows anyone and everyone to become a commodity finance lender; creating a global network of borrowers and lenders.
Brú also uses its proprietary Blockchain solution to eliminate billions of dollars of fraud risks for the banks making Brú the only on-chain lending platform that covers both Traditional Finance (TradFi) and Decentralised Finance (DeFi).
Brú Finance’s blockchain solution completely eliminates the risk factors such as multiple lending, forged receipts/invoice lending while significantly reducing the risk of lending against ghost collaterals.
Starting with tokenisation of agri commodities in India, Brú is currently on the path of global expansion. The startup plans to expand its operations to Africa & LatAM and foray into precious and non-precious metals segment in next 18 months.
Publicis Sapient was born in the digital age, so we’re perfectly placed to modernize and optimize the way companies work, or to change their business model completely. Our work enriches the experience of people who engage with their brand in either a B2B or B2C capacity.
Energy and commodities trading is where we started out, and we’re still going strong. We’ve disrupted a traditional industry, bringing it into the digital age and offering more choice when it comes to E/CTRM. Our digital utilities team ensures that new or existing services are modernized in ways that enrich the life of the business or the end consumer, whether that’s more efficient business processes or smarter interfaces to warm the home.
We’re big enough to lead, but small enough to empathize and take the time to demystify the jargon that creates hesitation around digital. The speed, quality and value of our work is unparalleled, harnessing an agile working method to ensure rapid, measurable and effective progress.
Numidia BV is a global supplier of dairy commodities and ingredients and risk management solutions, headquartered in the Netherlands and with offices in Singapore, Dallas and Montevideo. We specialize in the sourcing, distribution, sales and marketing of dairy commodities and tailor made dairy-based products.In short: We advise. We create. We deliver.The products we offer include: milk powders, butter, AMF, cheese, whey powders, fat-filled powders, lactose, whey permeates, proteins and dairy ingredients.
I was born in Roermond (Netherlands) on 5th August 1966 and grew up in a family where
entrepreneurship was daily business.
After high school, in 1990 I started working at Vonk Cheese Factory as account payable employee.
In 1991 I started as financial controller at Vonk Dairy Products (later Interfood Vonk, Interfood), in
which position I picked up HR and IT related tasks. During that time I was given the opportunity to
gain experience in multiple (non)-financial areas (annual reporting, Tax & VAT declarations, change
management).
In 2014 I switched to Numidia, working (again) as a financial controller.
As Numidia was a company in start-up, I got more and more involved in optimization of ERP
applications.
As a result, over the past years I was appointed as project leader for implementation of AX2012 and
D365, gradually changing my role into IT deployment and improvement manager.
Strengths I have further developed during my career are a high level of flexibility, high focus on
achieving results, working in teams, very open way of communication and a “can do” mentality.
In 2023 I graduated for Lean Green Belt.
From a private perspective I am married and have a 22 year old son.
My 3 passions as a common thread through my life are:
– Being a good mother for my sun
– Doing sports (canoeing, skiing)
– Continuously develop myself in my work
BEACON
NETWORKER
Beacon Platform provides energy and commodity companies with powerful capabilities to improve their trading and risk management. Beacon’s unique offering combines a trading and risk management system with an all-in-one quantitative development platform. Instead of relying on a black box with fixed functionality, Beacon’s transparent source code license gives clients full visibility of all models and algorithms and the flexibility to modify them or use their own proprietary code. This combination enables clients to buy the infrastructure and foundational components of a cloud-native CTRM, modify those components to suit their own needs, add new products and assets to their portfolio, and work with existing applications, data, and code libraries. Developed by a team with unmatched financial markets experience, Beacon’s unified platform includes the apps, tools, and infrastructure firms need to manage risk across all asset classes, automate manual processes, and adapt to changing markets.
For more information visit www.beacon.io.
Gerald Group is the world’s largest independent and employee-owned global metals merchant. Led by Craig Dean, Chairman and CEO, Gerald Group aims to contribute to world trade and economic development in a sustainable and responsible manner. The metals that we trade – non ferrous, ferrous and precious metals, and related concentrates and raw materials, are essential for enhancing quality of life and advancing the global economy towards a more sustainable future. We offer our services and expertise across the entire global value chain, including sourcing, storage, logistics, finance solutions, hedging, marketing and risk management, and take pride in our strong relationships as a dedicated and trusted partner to top-tier miners and processors, industrial consumers, and leading financial institutions. Operating from trading hubs in Shanghai, Stamford and Morges and offices around the world, we achieve this through our global footprint, conservative risk management culture, expert market intelligence, and deeply experienced and innovative trading desks.
Digital commodity solutions by commodities experts
ClearDox® allows commodity-intensive businesses to secure a competitive advantage by digitizing and automating critical document-intensive processes. ClearDox provides the only intelligent automation platform created for commodity companies by commodity experts. By unlocking data across their business interactions embedded in hundreds of types of documents, our clients improve operational efficiencies and resiliency, while making smarter decisions.
ClearDox is unique in the space by offering turnkey solutions across agriculture, metals, renewables, oil, and gas, covering vital processes including trade confirmations and inventory/transportation management, along with invoice and letter of credit processing. At the core is a patented multi-faceted AI approach that intelligently extracts the appropriate data for processing and automates the reconciliation process.
Evolution Credit Partners is a leading alternative credit investment manager with over $3 billion in assets under management. Evolution deploys capital across a range of synergistic credit strategies including direct lending, trade finance, leveraged finance and acquisition financing. With offices in Boston, MA and New York, NY, Evolution invests across the capital structure and across industries.
Secro Inc. is a US-based company founded in 2021 by industry veterans and technology experts, with the vision to enable frictionless global trade. We created side-by-side with traders, banks and ship owners the next generation, IGP&I-approved e-bill of lading platform. Our customers can confidently trade with anyone, anywhere in the world without private rulebook agreements. We are independent from any specific industry control, to better safeguard the confidentiality of our clients’ data. We built our software on top of the most secure cloud technology, to enable trustworthy collaboration between trading partners.
The ACi is a global not-for-profit association founded by corporate investigators to meet the needs of the corporate investigation community in its widest sense, from entrants to seasoned professionals, across all sectors. Investigations are recognised as part of corporate DNA. The global investigations community, and all its related service and technology specialists, is estimated to exceed 500,000 people. Our association exists to serve and to build this growing community, actively promoting diversity, equity and inclusion as central to our member-led mission. We provide platforms for sharing thought leadership, cross-industry insights, networking opportunities and centralised resources. We are developing the gold standard in corporate investigations training, drawing from leading industry experts in our community. We bring together investigators who work internally and externally, in the private and public sectors, NGOs, and not for profits, united in our pursuit for professional excellence in corporate investigations.
Kpler is a fast-growing data and analytics company on a mission to facilitate sustainable and efficient trade, to meet the changing needs of our world. From numerous disparate and unstructured sources, Kpler creates data and analytics that bring transparency in dynamic markets characterised by opaque and incomplete information, such as commodity and power markets. Kpler delivers its unique offering through technology solutions built in an agile and inventive way, enabling market professionals to make informed and timely trading decisions. Headquartered in Brussels, Kpler employs over 300 people across the world.
The company’s recent acquisitions include ClipperData (2021), JBC Energy and COR-e (2022).
In the Commodity Trading and Management business, expertise emerges as the most valuable resource. A deep understanding of the commodity trade lifecycle is what makes Quor Group, the leading Commodity Trading, and Commodity Management solutions provider.
With over 20 years of proven experience providing mission-critical technology in some of the most demanding and highly-regulated markets, Nasdaq is the world’s largest capital markets infrastructure technology provider, with its technology powering 1 in 10 of the world’s securities transactions globally.
Nasdaq has 10+ years of experience in regulatory and risk management technology, making the Nasdaq Risk Platform a proven solution enabling firms to monitor and manage their aggregate risk exposure across markets, asset classes, regions, and accounts in real-time through flexible pre-, at-, and post-trade controls.
The solution operates off a centralized hub that provides a single point of awareness and control across all risk silos and various systems monitored by the Nasdaq Risk Platform. Nasdaq Risk Platform provides firms with tools that can provide actionable intelligence through this holistic layer of control across trading activity.
Nasdaq Risk Platform can also help reduce operational risk across the enterprise. Firms can use the Nasdaq Risk Platform to set global limits across all of their systems to proactively manage aggregate exposure, instead of trying to address the problem through disparate or retroactive measures. Nasdaq Risk Platform process over 130 data handlers daily. The sophisticated solution is able to standardize data, enabling firms to gain additional business insight, better manage regulatory compliance and leverage additional business applications.
PANEL DISCUSSION
• Assessing further risks and consequences of Russia's attacks on Ukraine
• The status of the grain corridor
• Considering food security and disruptions to the global grain trade
• Addressing solutions and a look into the future
PANEL DISCUSSION
• How are the global trends influencing strategic decisions in the digitisation space?
• Different departments, different needs: How do you create coherent approach across the board?
• How do you achieve such a deep transformation from the top to the bottom?
• Success stories: 'How we transformed our business through digitalisation'
PANEL DISCUSSION
• Market dynamics, pressures, cycles, mitigation strategies
• Industry confidence for the year ahead
• How the commodity trading industry is adapting to high inflation
PANEL DISCUSSION
• The ongoing impact of Russia's invasion of Ukraine
• Global food supply: shortages and price impacts
• Weather outlook and ongoing impact of global warming
• Crops for energy vs crops for food - debate
• Global food supply chain - is a rethink needed?
OPENING KEYNOTE
• How the risk management community is responding to the latest issues impacting the global economy:
• Inflation
• Geopolitical instability. The impact of war, damaged supply chains and increased risks to commodity trading
• Energy and food crisis
• What are your strategies and how to ensure the resilience of your organization?
• Risk management challenges going forward; will we ever return to normality as we once knew it?
PRESENTATION
• Changing commodity flows and geopolitical risk
• Energy transition impact on commodities, do we have enough or mining to be targeted?
• BRICS vs West, new clash coming?
• The end of globalization, from McDonalds politics to new realism?
• OPEC+, more to come?
• How to deal with the " Young Princes"? Millennials as leaders?
PANEL DISCUSSION
• Is the industry more demanding of CTRM technologies? And can technology keep up?
• Best in class CTRM - build, buy, cloud, on-prem, hybrid?
• Where have we seen main shortcomings in the last year?
• Relationships matter: the importance of choosing the right CTRM partners
PANEL DISCUSSION
• Navigating a rapidly changing sanctions environment
• Adapting trading patterns in a fluctuating geopolitical world
• Brexit - latest contractual updates
• Stress testing your contracts to protect your interests
PANEL DISCUSSION
• The power of getting liquidity into the right places, at the right time
• Distinguishing between central bank liquidity and market liquidity
• Price trends and influence on liquidity flows
• What is the impact for traders?
• Liquidity forecast automation: What are the best solutions today?
PANEL DISCUSSION
• Assessing latest risk analytics tools
• Where are we seeing the most practical use cases of AI?
• Latest cyber security updates
• Blockchain - has it proven its value? How can risk teams best exploit this technology?
PRESENTATION
• Inherent risks when using ocean going vessels (safety, environmental, governance, welfare) which may delay your cargoes or involve your company in disastrous incidents
• Case studies and examples of when things go wrong
• What you can do to reduce your risk exposure, enhance supply chain resilience and increase operational efficiency
PRESENTATION
• A brief explanation about the different sustainability aspects and goals in the commodities supply chain
• An analysis of three distinct case studies to highlight some of these differences and the challenges they pose
• A discussion about the approach to reconcile those disparaging requirements in order to create a truly sustainable supply chain.
PANEL DISCUSSION
• Assuring Credit Risk Practices
• How to ensure capital reserves appropriately reflect the risk profile - what are the views of the finance and risk management community?
• Assessing new technologies and approaches to counterparty risk mitigation
WORKSHOP
Designed for a small group of attendees, this session will provide a space for best practice sharing, discussions, group activities and benchmarking, with the support of real-life examples.
• How to develop a robust and pragmatic hedging programme when you have physical commodity price exposure
• Hedging mechanisms: What you need to consider when developing your programme
• How do you keeping track of movements and adjust when purchases are delayed or brought forward, or quantities don’t match forecasts?
• Impact on PnL and need to re-hedge – Identifying the cost to the business of changes in physical positions
• Managing an internal hedge desk: Benefits and complexities
• What does a centralised hedge desk set-up look like in practice?
• Impact on operational processes and negotiation weight
• Streamlining exposures and taking advantages from natural offsets
At S&P Global Commodity Insights, our complete view of global energy and commodities markets enables our customers to make decisions with conviction and create long-term, sustainable value. We provide respected benchmarks, perspectives and solutions for commodity and energy markets, helping customers zoom in on the near term and zoom out for the big picture. By enabling decisions that create sustainable value, we help accelerate progress in the world.
S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). For more than 100 years, we’ve been a trusted connector that brings together thought leaders, market participants, governments, and regulators to co-create solutions that lead to progress. Vital to navigating Energy Transition, S&P Global Commodity Insights coverage includes oil and gas, power, chemicals, metals, agriculture, and shipping.
The markets are constantly changing, but our real-time news, market reports, analysis, price assessments, and fundamental data always provide a valuable reference point. Each day we showcase a selection of our news, research, analysis, and video insight on the Market Insights section of our website. For more information, please visit Latest Oil, Energy & Metals News, Market Data and Analysis | S&P Global Commodity Insights (spglobal.com)
Established in the Hague, Netherlands, at the beginning of 2020, Revenue. AI builds a strong connection between business strategies and everyday execution with AI-based virtual Agility Center of Excellence which delivers premium access to data, insights, and analytics to drive organizational success and profitable business performance.
Digiterre is a software and data engineering consultancy that enables technological and organisational transformation for many of the world’s leading organisations. We envisage, design and deliver software and data engineering solutions that users want, need and love to use.
We deliver “Agility at Greater Velocity”, because we care about creating outstanding outcomes and because we take ownership for solving the toughest technical challenges. As a result of this approach, we typically deliver high-risk, high-profile and time-constrained projects in less time than competitors, often significantly so.
OpenGamma is a derivatives analytics firm with expertise in over-the-counter and exchange-traded derivatives margin methodologies, backed by CME, JSCC, Accel and Dawn. They are trusted by the world’s large and most sophisticated global banks, trading firms and fund managers, with thousands of users depending on its analytics.
Allianz Trade is the trademark used to designate a range of services provided by Euler Hermes. Euler Hermes is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Headquartered in Paris, Euler Hermes is present in more than 50 countries with 5,500 employees. In 2020, Euler Hermes global business transactions represented 824 billion Euro in exposure. Euler Hermes is a full member of Allianz Group.
We are RadarRadar (formerly Tradesparent). Experts in the commodity trade and processing industry. Operating in the most fundamental industries of the world, food, energy and other commodities. Since 2010, we deliver high profile projects for the world’s leading commodity producers, traders, and processors. We work with our clients to configure bespoke and extendable data solutions, enabling their successful digital transformation.
In today’s fast-paced information age, with insecurities about climate change, political developments, and increasingly volatile markets, it becomes more and more challenging to have access to the right knowledge in- and outside the company. This increases risks in the daily financial and physical operations, and challenges adequate and controlled decision-making.
RadarRadar provides your business with the knowledge it needs to succeed. As technology company we continuously aim to support our clients with strong data management and advanced risk tools. It is our mission to enable companies to unlock the full potential of their data to improve risk and margin management and boost performance.
RadarRadar. World leader in real time food & energy knowledge.
BeZero Carbon is a ratings agency for the voluntary carbon market. Combining expertise across climate science, finance and policy, it provides ratings, risk and data tools that improve information accessibility and decision making. Its aim is to build markets for environmental impact.
CarbonChain enables data-driven climate action in the world’s commodity supply chains. Its carbon accounting platform automatically tracks greenhouse gas emissions for commodity traders, freight firms, manufacturers and financial institutions, across energy, metals, minerals and agriculture.
Using AI and asset-level emissions tracking, CarbonChain unlocks unrivaled insight into carbon-related risks and opportunities in near real-time. This enables companies and financial institutions to accurately report emissions, decarbonize and manage their net-zero transition.
CarbonChain is a CDP accredited solutions provider, a TCFD supporter, and ResponsibleSteel member. Its methodology is independently verified and validated by SGS and Bureau Veritas, and aligned with the GHG Protocol.
ION Commodities: The world’s largest portfolio of energy and commodities trading and risk management solutions.
ION Commodities accelerates your success with a data-driven approach and powerful, award-winning energy and commodities (ETRM and CTRM) trading and risk management solutions. Regardless of your industry, our solutions put you in complete control of energy and commodities value chains, from production and processing through to distribution. We provide full support and transparency for procurement, supply and trading, with continuous risk controls throughout the trade lifecycle. That’s why many of the world’s biggest and best-known companies partner with us to sharpen decision-making and boost productivity.
Fusion CTRM is an analytics-driven, end-to-end commodity management platform that enables Metals trading companies to efficiently and profitably meet the challenges of complex and volatile commodity markets.
Designed to meet the complex requirements of Metals and Metal Concentrates, Ags and Energy trading businesses Fusion provides greater levels of automation and task management than ever before, allowing for the digitisation of previously manual business processes.
Fusion manages; Trade Entry, Pricing, Contract Management, Market Data Integration, Electronic Exchange Integration, Enterprise Risk, Logistics, Freight, INTTRA Container management, Bulk Handling, Blending, Processing, Assay Exchanges, Decision Support, Automated Task Management, Forecasting, and Reporting. The solution supports the functional trading and risk management requirements of metals trading businesses, mining companies, processors, producers and manufacturers.
RightShip is the world’s leading Environmental, Social and Governance (ESG) focused digital maritime platform, providing expertise in global safety, sustainability and social responsibility practices.
Founded with the mission to drive operational improvements in the global shipping industry, more than 600 customers use RightShip’s due diligence, environmental and inspections services to help them manage risk and improve overall maritime safety standards on shore and at sea.
At RightShip we believe in a zero-harm maritime industry. By this we mean zero harm to ships, to the cargo those ships carry, to the seafarers carrying out their duties on board, and of course, zero harm to the environment the vessels are trading in.
A successful voyage meets the highest safety standards, protects the environment, ensures seafarers are supported and is commercially beneficial to the entire supply chain. We’re here to make that happen.
100 Women in Finance strengthens the global finance industry by empowering women to achieve their professional potential at each career stage. Its members inspire, equip and advocate for a new generation of industry leadership, in which women and men serve as investment professionals and executives, equal in achievement and impact. Through Education, Peer Engagement and Impact, the organization furthers the progress of women who have chosen finance as a career, and enables their positive influence over pre-career young women
The Broker Club is an active community for brokers operating within Financial/Capital Markets. We focus on providing insight, knowledge and education around markets regulation (e.g. SMCR, MAR, MiFID, ICARA, IFPR, Consumer Duty, Operational Resilience etc.), standards of best practice (GRC, ESG etc.), compliance, conduct and culture – as well as technology and markets innovation – supports member firms, and the wider industry. Our unique and extensive network of leading industry advisors, specialist consultants, legal firms and technology providers give members unrivalled access to timely and broad and deep market knowledge, helping Broker Club members to:
Navigate effectively through the increasingly complex regulatory landscape
Understand – and satisfy – ever-changing governance, risk and compliance obligations
Take advantage of extensive market intelligence (articles and white papers) available only to members (Resource Centre)
Identify effective alternatives to traditional suppliers
Operate more efficiently with limited/challenged internal resources
Contribute to industry debate alongside industry peers
Global LNG Hub is an online platform for sharing analysis and information on Global and regional LNG markets. Our weekly newsletter with new content goes out each Wednesday.
Gafta is the international trade association representing over 1900 member companies in 100 countries who trade in agricultural commodities, spices and general produce. Gafta is headquartered in London and has offices in Geneva, Kiev, Beijing and Singapore. More than 90% of Gafta’s membership is outside the UK. With origins dating back to 1878, Gafta provides a range of important services that facilitate the movement of bulk commodities and other produce around the world.
It is estimated that around 80% of all grain traded internationally is shipped on Gafta standard forms of contract and Gafta’s arbitration service, based on English law, is highly respected around the world. Gafta also runs training and education courses, manages Approved Registers for technical trade services and provides trade policy information, and events and networking opportunities for members.
Gafta promotes free trade in agricultural commodities and works with international governments to promote the reduction of tariffs and the removal of non-tariff barriers to trade, as well as a science and evidence-based approach to international trade policy and regulatory decision making.
OneCore global is a front-line provider of in-cloud commodity management software solutions. The company is leading the digital commodities revolution that enables customization of XML formats in E/CTRM markets through its two flagship platforms, OneConfirm and OneInvoice.
The platforms utilize patent-pending “Bring Your Own Format” software that enables counterparts to customize XML formats for confirmation and invoice matching and reconciliation based on commodity instrument, region, and internal systems.
OneConfirm platform allows companies to send, communicate and manage the confirm process in real-time with their counterparts. In addition to the initial trade confirms, OneConfirm provides support for e-Bill-of-Lading, Price Fixings, Contract Optionality, Broker Recaps/Confirms and Scale Tickets among others.
Click on the logo for more information.
OneInvoice platform allows companies to increase efficiency and liquidity by using our platform to manage settlements including invoices, reconciliations and more in a digital real-time platform. Use different formats for different counterparts or type of invoice.
Women in Banking and Finance has championed women in financial services for 40 years. We are a Social Enterprise, volunteer-led network, connecting individual members and institutions across the industry and the UK, with branches in Birmingham, Bristol, Edinburgh, Glasgow, London, Belfast, Norwich and Manchester. We seek opportunities to challenge and inspire as a thought leader, in collaboration with our partners and members (both male and female), to help deliver tangible change in financial services.
Our mission is to bring a gender lens to UK Financial Services by connecting, challenging and inspiring our network to unlock the full potential of financial services for all.
The London Trade Roundtable is a an informal, non-profit, non-political London association representing individuals active in Trade Finance and related services. We aim to bring trade finance experience and expertise to every member of our network.
Our vision is to :
Provide opportunities for informal networking within a professional community for individuals involved in trade finance both domestically and internationally.
Enrich the network for members through association with partner organisations across the industry.
Facilitate and promote exchange of knowledge among trade finance professionals in London.
Attract and retain diverse and inclusive talent within the trade finance industry.
Enable members to improve their employability prospects in the trade finance space.
Founded in 2017, Phlo Systems delivers digital solutions for end-to-end physical goods supply chain operations. The company is committed to streamlining international trade, finance and customs management, making it easier, faster, cheaper, more secure and transparent.
The company’s products – FinPhlo, OpsPhlo and TradePhlo – leverage Cloud, AI, IoT, ML and distributed ledger technologies to help the international trading sector leapfrog from its current low tech, inefficient state, to a new, improved era of digital exchange.
Within Phlo Systems, there are a team of experts who work across international trade, finance, customs management, SCM and technology, with a collective 300+ years of experience in the industry.
Phlo Systems products include:
TradePhlo: This is a unique cloud-based international trade and customs management platform. It features a range of solutions to give businesses complete control over their trade, customs and compliance management procedures. TradePhlo is provisioned to serve Importers, Exporters and the Customs Intermediaries Sector to efficiently manage their customs requirements, making it easier, faster and cheaper – reducing the cost of customs declarations to less than £5/declaration.
FinPhlo: A digital finance management platform which enables SMEs as well as large scale businesses to receive and manage finance from local and regional lenders including non-banks. Finphlo can also be used by lenders to manage their facilities and exposure in real time. FinPhlo being well integrated with the trade management system, provides visibility and transparency to the lender to monitor their trade finance facilities with ability to monitor the FOREX risk position if any.
OpsPhlo: A digital trade, supply chain and risk management platform which helps commodity trader of any size manage its commodity and business operations using just one system. As the accounting functionality is well integrated, the risk positions/ exposures/ P&L and balance sheet gets updated in real time. The system is well integrated with solutions like Docusign & shipment tracking, helping traders reduce the paper waste and move one more step towards sustainability. This platform manages the entire supply chain, using a single system that meets all the requirements of a commodity trader. OpsPhlo provides a fully transparent timeline view of all the aspects related to trade, including traceability, contracts, hedging, logistics, financing, settlement, M2M and cashflows.
Predictive layer is a leading software company focused on the use of Artificial Intelligence (AI) to forecast time series.
The company has developed a unique solution to produce automatically the most accurate short-term forecasts for almost any signal.
The Predictive Layer solution is already connected to thousands of public data sources to which additional proprietary data and business knowledge can easily be added in a secure manner. The Predictive Layer solution can be hosted in a client’s own data center or in a secure private cloud to build predictive signals automatically, without requiring any specific AI expertise.
The solution is being used successfully today in several financial areas including pricing, trading in commodities, stocks, bonds and maritime freight.
Through its professional services team, Predictive Layer also leverages its AI platform to develop specific custom forecasts or trading strategies for clients, depending on their own unique needs.
capSpire is a global consulting and solutions company that creates, customizes, and implements value-driving technology for commodity-focused organizations. Fueled by direct industry experience in commodities trading, risk management and analytics, they offer expertise in business process advisory, managed services and operations consulting.
Established in 2010, Lugano Commodity Trading Association (LCTA) is a non-profit organization based in Lugano. With this association, the commodity trading companies intend to reinforce Canton Ticino’s favourable business conditions and to pursue common goals, such as fostering personnel training, broadening domain knowledge, exchanging opinions and views. Furthermore, LCTA aims at developing a platform composed of commodity trading firms, shipping companies, banks active in commodity financing as well as all consultants and certified companies active in this business branch. The Purposes of this association’s are:
Reinforcing the sector in the Swiss-Italian area of Europe.
Training its member’s employees and new career starters.
Developing services and focusing on know-how related to the trading, shipping and financing of these activities.
Lobbying and cooperating with authorities to improve business conditions and the attractiveness of Ticino as a business location.
Arantys is an ERP and Commodity Trading platform that provides integrated insight in trading, logistics, financial and risk management processes. Through its role-based user interface, the solution provides recommendations on which choices to make to achieve maximum contract profitability. One integrated system that provides real-time insight in data across your organization, ensures you can provide supreme value for your customer whilst optimizing profits.
Women’s International Shipping & Trading Association
ASSOCIATION PARTNER
WISTA Switzerland is a key global shipping and trading hub, with regional clusters in the Geneva Lake area, Zug/Zurich and Locarno. The shipping and trading activity in Switzerland provides over 35’000 jobs and represents 3.8% of the Swiss GDP. Switzerland, and Geneva in particular, is also home to international organisations such as the World Trade Organization (WTO) and the European Free Trade Association (EFTA) and the United Nations Conference on Trade and Development (UNCTAD).
WISTA Switzerland was founded in Geneva in 2009 and incorporated according to the WISTA International statute in January 2010. The Association is active in both Geneva and Zug/Zurich chapters with the Board and Members meeting monthly to discuss topics of interest, exchange ideas and experiences. We also meet for networking events, conferences and member exclusive coaching sessions.Every year, several conferences are organized by Wista Switzerland on latest developments in the industry in both areas Geneva and Zug/Zurich.
BIMCO, the practical voice of shipping, is the world’s largest international shipping association, with around 2,000 members in more than 130 countries, representing over 60% of the world’s tonnage. Our global membership includes shipowners, operators, managers, brokers, and agents. BIMCO is a non-profit organisation.
CTRMCenter™ is your source for everything ‘CTRM’. This online portal, managed by leading CTRM analysts – Commodity Technology Advisory LLC (ComTech), features the latest news, opinions, information, and insights on commodity markets technologies delivered by some of the industry’s leading experts and thought leaders. The site is visited by more than 1500 unique visitors per week. CTRMCenter also includes free access to all of ComTech’s research in the form of reports, white papers, interviews, videos, podcasts, blogs, and newsletters.
IWiM is a leading global women’s organisation pursuing gender equality and promoting women’s voices, access to opportunities, and leadership in mining. We connect with over 11,000 members and followers worldwide and collaborate with women in mining organisations in over 40 countries. IWiM is a not-for-profit organisation, founded in 2007 and registered as a community interest company in the UK. Our aims are to lead global change towards gender equality in mining by acting as:
Industry Change Agent, to make mining a better industry through diversity, gender equality, and inclusion; We achieve this via projects and campaigns like our mentoring programme
WIM Champion, to strengthen women in mining organisations to achieve global cohesion and leverage their game-changing collective strength; as well as celebrating individual women in mining – and
Diversity Trend Setter, to collect and dispense knowledge supporting the enhancement of women’s role and participation.
We operate with the support of sponsors and partners, and rely on a team of volunteers without whom we could not achieve our goals; Our volunteers and directors are based all over the world and bring different perspectives to the organisation.
Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world’s fastest-growing markets, termed The Yellow Slice, in reference to OBG’s corporate colour.
Through its range of products – Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions.
OBG provides business intelligence to its subscribers through multiple platforms, including its direct 6 million verified subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv’s (previously Thomson Reuters) Eikon subscribers, and more.
For more information, please contact: Marc-André de Blois Director of PR and Video Content, Oxford Business Group
E-mail: [email protected]
802 Publishing Pavilion, Production City
PO Box 502 659 Me’aisem First Dubai UAE
T +971 4 426 4642
F +971 4 426 4641
6th Floor 105 Victoria Street London SW1E 6DT T +44 203 457 2825 F +44 17 3026 0274
The J.P. Morgan Center for Commodities at the University of Colorado Denver Business School is the first center of its kind focused on a broad range of commodities, including agriculture, energy and mining. Established in 2012, this innovative center provides educational programs and research in commodities markets, regulation, trading, financial fundamentals, investing, risk management and ethics. Online courses are available for a graduate-level. Commodity Certificate and we also offer online professional education courses in commodity trading, data analysis, ESG, sustainability and more.
Arantys is an ERP and Commodity Trading platform that provides integrated insight in trading, logistics, financial and risk management processes. Through its role-based user interface, the solution provides recommendations on which choices to make to achieve maximum contract profitability. One integrated system that provides real-time insight in data across your organization, ensures you can provide supreme value for your customer whilst optimizing profits.
KYOS Commodity Risk Solutions understands the needs of commodity market players. We have worked for decades in commodity and energy trading. Especially if you are dealing with multiple commodities such as raw materials, ingredients, packaging, energy for production – with all of these: we support you with excellent trading and risk management software and services, incorporating best-in-class financial modelling techniques.
Our software helps to streamline processes, improves financial performance and reduces risks. Our automatic reports give you and your stakeholders consistent and up-to-date information to make
better decisions.
Whether you are in the food, packaging, energy or metals markets – KYOS has the tools and expertise to help you manage your commodity price exposures. Our analytics – your advantage.
VERIDAPT is an award-winning IoT and fintech company that delivers a digital verification platform providing world leading, real-time monitoring of bulk commodity supply chains to mitigate theft and fraud.
VERIDAPT is trusted to monitor and control billions in commodities around the world and helps companies meet their ESG goals by measuring carbon emissions.
We provide certainty through real-time data, and our accurate reporting allows our customers to know their total emissions and offset this as part of offering net-zero product.
Our solutions allow stakeholders across supply chains in banking, mining and industry to deal with certainty. Backed by Macquarie Group, VERIDAPT’s mining customers include BHP, Rio Tinto, Yancoal, Glencore and Vale.
Our products include, AdaptSCF, a platform solution designed to mitigate operational risk, by providing;
Real-time monitoring of hard and soft commodities and that means 24/7 access to in-depth inventory data in tanks, silos and stockpiles to mitigate theft & fraud
Up-to-the minute measurements of CO2 emissions to verify carbon offsets
One-stop workflow management tool to simplify even the most complex of deals
You can book your place at the course as part of your registration for
Commodity Trading Week – please make sure to select it under
the “Additional Workshops” section.
If you’ve already booked your place at the event or need assistance, please get in touch at [email protected]
BETA is a member of BETA Group which provides skills training for traders, portfolio managers and analysts in the world’s leading financial institutions. Courses are available all over the world either in-house or eLearning. Most are tailored for firms to meet their learning objective for their front office traders. Courses are sponsored by The Technical Analyst Magazine or Thomson Reuters.
IWiM is a leading global women’s organisation pursuing gender equality and promoting women’s voices, access to opportunities, and leadership in mining. We connect with over 11,000 members and followers worldwide and collaborate with women in mining organisations in over 40 countries. IWiM is a not-for-profit organisation, founded in 2007 and registered as a community interest company in the UK. Our aims are to lead global change towards gender equality in mining by acting as:
Industry Change Agent, to make mining a better industry through diversity, gender equality, and inclusion; We achieve this via projects and campaigns like our mentoring programme
WIM Champion, to strengthen women in mining organisations to achieve global cohesion and leverage their game-changing collective strength; as well as celebrating individual women in mining – and
Diversity Trend Setter, to collect and dispense knowledge supporting the enhancement of women’s role and participation.
We operate with the support of sponsors and partners, and rely on a team of volunteers without whom we could not achieve our goals; Our volunteers and directors are based all over the world and bring different perspectives to the organisation.
The Commodity Club Switzerland provides a platform for business professionals and leaders in the commodity business. The initiative aims to drive further the transition to a responsible resource sector and brings together commodity professionals in Switzerland.
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with more than 284,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.co.uk
MineMarket CTRM (Commodity Trading & Risk Management) software solution enables accurate and quicker trade-to-cash by providing complete visibility across all exposures, escalating any fluctuations to forecast Profit & Loss, empowering you to pivot and control the risk. (http://minemarketctrm.com)
Traders and executioners are enabled to confidently transact quickly in their volatile environment when using MineMarket CTRM. Validated, real-time data permits proactive decisions to optimise any risk or opportunity. To deal with uncertainty and complexity, MineMarket CTRM provides clear visibility on the performance across all departments, enabling hedging to balance risk and match against instant financial valuations. With markets becoming more turbulent, Finance and Accounts rely on MineMarket CTRM to have full alignment of accounting and physical stock, improving financial capabilities and asset reconciliations.
Want to know more? Email us at [email protected] to learn how we can help optimise your trading business.
EFET bio: EFET was established in 1999 and we represent around 130 energy traders across Europe. Our mission is to promote competition, transparency, and open access in the European energy sector. We work to build trust in power, gas and carbons markets across Europe, so that they may underpin a sustainable, efficient and secure energy supply and enable the transition to a carbon neutral economy.We do this by:
Working to make sure that Europe’s gas, electricity, carbon and associated markets function efficiently and thus deliver benefits for the economy, society and end consumers.
Developing and maintaining standard wholesale supply contracts and standardising related transaction and business processes.
VERIDAPT is an award-winning IoT and fintech company that delivers a digital verification platform providing world leading, real-time monitoring of bulk commodity supply chains to mitigate theft and fraud.
VERIDAPT is trusted to monitor and control billions in commodities around the world and helps companies meet their ESG goals by measuring carbon emissions.
We provide certainty through real-time data, and our accurate reporting allows our customers to know their total emissions and offset this as part of offering net-zero product.
Our solutions allow stakeholders across supply chains in banking, mining and industry to deal with certainty. Backed by Macquarie Group, VERIDAPT’s mining customers include BHP, Rio Tinto, Yancoal, Glencore and Vale.
Our products include, AdaptSCF, a platform solution designed to mitigate operational risk, by providing;
Real-time monitoring of hard and soft commodities and that means 24/7 access to in-depth inventory data in tanks, silos and stockpiles to mitigate theft & fraud
Up-to-the minute measurements of CO2 emissions to verify carbon offsets
One-stop workflow management tool to simplify even the most complex of deals
Contour is a leading digital trade finance network that is building the global standard for trade by bringing together the world’s banks, corporates and ecosystem partners, onto a common, digital, and trusted network. Powered by innovation, trust and collaboration, Contour uses decentralised technology to offer seamless integration with market-leading digital document systems and other digital networks, enabling the instant flow of trusted data across the world’s trade routes and current fragmented ecosystems.
ANEC’s mission is to develop the best scenario for the export and commercialization of soy, corn and delivery. The association conducts research on the sector in the national and international market, by meeting the needs of members, always with ethics, transparency and commitment.
In order to promote the development of activities related to grains and cereals, as well as defend the interests of its associates before private and public authorities, ANEC – Associação Nacional dos Exportadores de Cereais began its history on June 22, 1965.
Today, with half a century of experience, we have 50 associated companies. Among them are those qualified for being the largest and the best in Brazil and the world.
The high capacity of the management team, made up of representatives from effective associate companies, coupled with the market positioning of companies, provides greater representation of the Association with the Government.
The Society of Technical Analysts (STA) www.technicalanalysts.com is one the largest not-for-profit Technical Analysis Society in the world. The STA’s main objective is to promote greater use and understanding of Technical Analysis and its role within behavioural finance as the most vital investment tool available. Joining us gains access to meetings, webinars, educational training, research and an international, professional network. Whether you are looking to boost your career or just your capabilities – the STA will be by your side equipping you with the tools and confidence to make better-informed trading and investment decisions in any asset class anywhere in the world. For more details email [email protected] or visit www.technicalanalysts.com
Fidectus’ Global Energy Network (GEN) delivers fully automated management of your entire over the counter (OTC) post-trade lifecycle; including regulatory reporting, electronic Confirmation Matching, electronic Settlement Matching, bilateral netting, multilateral netting, financing, and payment for energy and commodities markets.
GEN enables you to reduce your counterparty risk, increase your operational efficiency and scale. It also helps you to increase the speed of counterparty onboarding, improve your PnL and better manage your liquidity. We provide you tools to better manage your working capital.
GEN supports multiple standards as ISDA, EFET electronic Confirmation Matching (eCM), EFET electronic Settlement Matching (eSM) etc. Furthermore, you can connect easily and quickly to GEN via multiple channels as Restful API, SFTP, Email, SharePoint, cognitive OCR etc.) and formats (e.g. xml, json, csv etc.). That means you can handle and control all your inbound and outbound post trade workflows in one solution.
Enuit provides leading enterprise risk management solutions for energy and commodities trading companies worldwide.
We give our customers complete visibility, insights, control and management over their business operations helping them to have peace of mind to make quick and informed decisions that affect the bottom line.
Enuit was founded in 2008 with a single goal in mind: To bring to market affordable, functional trade management software. The core solution Entrade is all of this and more. And, it really works. It can help your company track its transactions through the entire deal life cycle: From done deal through a sent bill.
The International Trade and Forfaiting Association (ITFA) is the worldwide trade association for companies, financial institutions and intermediaries engaged in trade and the origination, structuring, risk mitigation and distribution of trade debt. ITFA also represents the wider trade finance syndication and secondary market for trade assets. ITFA prides itself in being the voice of the secondary market for trade finance, whilst also focusing on matters that are relevant to the whole trade finance spectrum.
ITFA presently has close to 300 members, located in over 50 different countries. These are classified under a variety of business sectors, with the most predominant being the banking industry. Others include forfaiting, insurance underwriters, law firms, fintechs as well as other institutions having a business interest in the areas of Trade Finance and Forfaiting.
Cassini Systems is a leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants. Buy-side firms can leverage the platform to monitor, optimize and ensure transparency on their margin, as well as achieve collateral liquidity and efficient utilization, lowering the carry cost of derivatives.
Cassini’s platform provides the only full front-to-back solution covering margin, collateral, and cost analytics for all classes of cleared and uncleared over-the-counter derivatives as well as futures and options. It integrates into post-trade collateral management, treasury, and risk systems – enabling clients to bring post-trade cost analytics into the pre-trade process. Cassini is also integrated into key asset management platforms to facilitate leveraging analytics with little implementation overhead.
Top-tier hedge funds, asset managers and Tier 1 banks rely on Cassini for powerful, flexible, automated tools to manage their portfolios of over-the-counter and exchange-traded derivatives products. For more information, visit www.cassinisystems.com.
Founded in 1972, ANRA is the Italian Corporate Risk and Insurance Managers Association. The main goal of the Association is to promote the establishment and development of risk management knowledge in Italy and to strengthen its own reputation of privileged interlocutor as well as institutional representative for matters concerning risk management. ANRA intends to offer to its members professional update programmes and the opportunity of exchanging experiences.
Jonathan Kingsman is a writer and blogger on the agricultural commodity sector. After nearly 40 years in the business, he founded commodityconversations.com as a platform where agricultural commodity professionals can join in the conversation.
Tradeviews provide precise cargo trade data for bulk cargoes. Our tools allow you to find quick, reliable answers to complex trade questions.
We clean and enrich customs data from every country to deliver precise volume, distance and carbon numbers. Using our web tools you can quickly establish emerging trends. With our detailed 12 month forecasts, you can anticipate vessel demand in the period ahead, optimising your decision making.
Whether you’re interested in energy, agricultural or steel products, we cover all the bulk cargoes. These include oil, coal, LNG, grains, iron ore and steels whether in bulkers or tankers.
Our products can be accessed via a web platform or API for easy integration into ‘in house’ systems. Whatever your use, detailed or aggregated data is at your fingertips.
We are proud to offer analysts an edge in understanding cargo trade. Many of our clients include leading ship owners, commodity traders and brokers.
Trade Finance Global (TFG) is the leading trade finance platform. We assist companies to access trade and receivables finance facilities through our relationships with 270+ banks, funds and alternative finance houses.
TFG’s award winning educational resources serve an audience of 160k+ monthly readers (6.2m+ impressions) in print & digital formats across 187 countries, covering insights, guides, research, magazines, podcasts, tradecasts (webinars) and video.
The Global Risk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds’ premier Risk forum and contribute to a better understanding of the complex world of risk.
SOS MEDITERRANEE is a European, maritime-humanitarian organisation for the rescue of life in the Mediterranean. It was founded by European citizens who chartered a rescue vessel in order to save people in distress in the Central Mediterranean – the in the world’s most deadly migration route. Our four headquarters are located in Berlin (Germany), Marseilles (France),
The object of the Association is to represent and protect the interests and rights of the Zug (and its surrounding area) based community of companies active in the supply chain of commodities, including but not limited to exploration, production, processing, trading and marketing. ZCA members benefit from focused relationships with authorities and with other lobbying groups, and attain relevant information, education and research. Furthermore, ZCA will serve as a platform for social interaction.
The European Cocoa Association (ECA) is a trade association that groups the major companies involved in the cocoa bean trade and processing, in warehousing and related logistical activities in Europe. Together, ECA Members represent two-thirds of Europe’s cocoa beans grinding, half of Europe’s industrial chocolate production and 40% of the world production of cocoa liquor, butter and powder.
On behalf of its Members, ECA monitors and reports on regulatory developments of areas that are of paramount concern to the cocoa sector, both at regulatory and scientific levels. These areas include Food Safety, Trade, Logistics, Sustainability, Environment, and Labelling.
The ECA Working Groups and Task Forces are composed of ECA Members who contribute with their high expertise in delivering strong and clear positions that benefit the cocoa industry.
In addition, ECA is actively engaged in European and International form related to the industry’s contribution to a sustainable cocoa economy.
HR Maritime, founded in 2008 by Richard Watts, is a Geneva based company providing services to the International Trading, Shipping and Trade Finance Industries. With a client base both within Switzerland and around the globe we offer guidance and implement tailored solutions to the range of problems besetting a company involved in the Trading, Shipping or Financing of commodities. We work with Commodity Traders, Importers and Exporters, Ship Owners and Managers, P&I Clubs, Insurance Underwriters, Trade Financiers, Lawyers and a number of associated service providers. With our broad knowledge and experience across many areas of business, geographical regions and various commodities, we are able to approach nearly any problem or situation with a practical, pragmatic and innovative solution. We are equally at home working on enhancing efficiency within the largest trading companies as with small exporters or importers looking to break into the international markets. Our services focus on Consultancy, Outsourcing and bespoke Training.
ETR Advisory provides expert advice, support and training in the application of regulations to the Energy, Commodities and Financial markets. Our detailed knowledge of the rules such as REMIT, MiFID II, EMIR, MAR, SFTR and the relevant parts of Brexit as well as the technology platforms and solutions around them permits us to help our clients navigate and implement the best solutions while being ready for the future. Since being founded in May 2013, ETR has advised over eighty market participants, software houses, trading platforms and repositories. We run the blog at www.energytradingregulation.com, which provides news and thoughts about regulatory developments in one place.
Enuit provides leading enterprise risk management solutions for energy and commodities trading companies worldwide.
We give our customers complete visibility, insights, control and management over their business operations helping them to have peace of mind to make quick and informed decisions that affect the bottom line.
Enuit was founded in 2008 with a single goal in mind: To bring to market affordable, functional trade management software. The core solution Entrade is all of this and more. And, it really works. It can help your company track its transactions through the entire deal life cycle: From done deal through a sent bill.
Chinsay is an online collaborative platform for the production and issuance of freight and commodity contracts. It utilises customisable validation and approvals workflow to identify and manage operational risks and ensure control and compliance to company and regulatory standards.
Our platform digitalises the process at origin and makes use of data to enable
additional value-added services, such as e-documentation, live reporting, system integration and smart contracts.
Chinsay has more than ten years’ experience delivering solutions to the largest
multinational companies trading in freight and commodity markets in over forty countries.
MetDesk offers a comprehensive suite of weather forecasting products to the energy industry. Our team brings together a wealth of experience in the energy sphere with expert energy meteorologists, data scientists and experienced client managers combining to bring our products to life. A vast amount of weather-maps, charts, tables and power forecasts are available via the MetDesk trading website, while our state of the art API delivers both historical and live weather data into the heart of our customers operations. In a world where data is king this brings exciting opportunities to expose our weather data to analytical processes. We design our products to take away the complexity in interpreting weather data, and with speed of data delivery sitting at the centre of everything we do, we ensure any changes to the weather models can be picked out in a timely manner. Our newly updated training packages cover all aspects of energy meteorology ensuring our customers fully understand the data they are in receipt of. Supporting our automated products, our panel of expert weather forecasters brief the market with the latest weather developments around the globe – whether it’s a major cold weather outbreak in the far East, hurricanes in the Gulf of Mexico or a heatwave here in Europe, we have it covered. Email us at [email protected] to find out more.
Established in 2006 in London, BrightMile provides specialist recruitment services within financial markets, with a particular focus on fintech & trading roles for commodity markets. We have been sourcing and placing expert professionals, including C-Suite leaders, with leading energy companies, banks, trading houses, financial exchanges & consultancies.
Over the last decade, we have worked with leading organizations internationally, and successfully placed talent across various financial hubs including London, Paris, Dubai, Hong Kong, New York & Singapore.
Our specialist focus, global reach, and the knowledge and professionalism of our teams, enables us to deliver a timely and consistent service of the highest level – which surpasses the expectations of both our clients and candidates!
ETRMServices is a global organization providing trading technology expertise in the energy and commodity trading and risk management domain.
With locations in North America, Europe and India we manage customer needs through an optimized and blended team of on-site, off-site and off-shore resources.
We provide program and project technical services for the E/CTRM system of record, source systems and models such as generation and forecasting as well as target systems for reporting and logistics. Our integration practice covers end-to-end connectivity across the trading stack via our Enterprise-based Interfacing technology as well as up-to-date adapters to external exchanges, grids, confirmation systems.
The Montel Group brings together seven businesses in pursuit of one aim: being the trusted source on European energy markets. As the global energy transition accelerates, you can count on us for all the news, data, insights and forecasts you need.
The EFET Energy Markets Training Program is a specialised online training course providing a comprehensive insight into the complexities of energy commodity
markets.
Through seven detailed modules, covering topics including master agreements,
financial regulation, back-office tasks and risk management, the course provides
participants with both a broad and deep knowledge of energy trading.
Relevant for experienced professionals and those seeking to understand the basics,
the EFET Energy Markets Training Program is a one-stop-shop for market
knowledge.
Benefits of our course
Covers topics from master agreements to back-office tasks
Suitable for a variety of corporate functions
Developed by trading experts
Simply structured, and practice oriented
One subscription allows unlimited users
Competitively priced
Special offer: sign up before 15 October 2021 to get 15 months for the price of 12!
Fees:
EFET-members: Euro 1500 per calendar year per company.
Non-EFET members: Euro 2750 per calendar year per company.
To find out more, or become an EFET member, please contact us [email protected]
CTRMCloud™ is transforming the commodity trading landscape by simplifying once-complex trading and risk management software. By offering CTRM-as-a-Service, CTRMCloud offers a pay-as-you-go model with a cloud-native solution that is quickly and efficiently deployed, equipping organizations with real-time decision support and intraday reporting across the entire commodity value chain.
CTRMCloud was established in 2016, with offices in San Francisco, New York, Chicago, Paris, and London.
Cassini is the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets.
Buy-side firms can leverage the platform to monitor, optimise and ensure transparency on their margin, as well as achieve collateral liquidity and efficient utilisation, lowering the carry cost of derivatives.
Cassini’s platform provides the only full front-to-back solution covering margin, collateral and cost analytics for all classes of cleared and uncleared over-the-counter derivatives as well as futures and options. It integrates into post-trade collateral management, treasury and risk systems – enabling clients to bring post-trade cost analytics into the pre-trade process. Cassini is also integrated into key asset management platforms to facilitate leveraging analytics with little implementation overhead.
Baringa Partners is an independent business and technology consultancy. We help businesses run more effectively, navigate industry shifts and reach new markets. We use our industry insights, ideas and pragmatism to help each client improve their business. Collaboration is central to our strategy and culture, ensuring we attract the brightest and the best. And it’s why clients love working with us.
Baringa launched in 2000 and now has over 900 members of staff and 92 partners across our practice areas Energy & Resources, Financial Services, Products & Services, and Government & Public Sector. These practices are supported by cross-sector teams focused on Customer & Digital; Finance, Risk & Compliance; People Excellence; Supply Chain & Procurement; Data, Analytics & AI; Intelligent Automation & Operations Excellence; and Technology Transformation. We operate globally and have offices in the UK, Europe, Australia, US and Asia.
Baringa Partners have been voted as the leading management consulting firm in the Financial Times’ UK Leading Management Consultants 2021 in the categories Energy, Utilities & the Environment, and Oil & Gas. We have been in the Top 10 for the last 14 years in the small, medium, as well as large category in the UK Best Workplaces™ list by Great Place to Work®. We are a Top 50 for Women employer, and are recognised by Best Employers for Race.
BizPro is a leading transactions monitoring software for the detection of suspicious conducts under MAR and REMIT and several leading companies already rely on it.
BizPro is able to detect the abusive practices defined in MAR and REMIT through a wide range of algorithms for each pattern, constantly improved in effectiveness and efficiency. The tool provides an “end-to-end” automated process from data source to reporting and case management. BizPro includes also extensive data analytics functionalities.
BizPro has been developed since 2015 leveraging on the combination of methodologies, models and algorithms developed by Protiviti and software solutions developed by Bizmatica.
Volue is one of Europe’s largest enterprise software companies and has pioneered green technology for five decades.
Volue is the result of the fusion of four companies: Powel, Markedskraft, Scanmatic and Wattsight. The companies were rebranded in January 2021. Two additional companies have been added to Volue since: Likron and ProCom GmbH.
Volue delivers software, insight and services for energy production, trading and distribution. It was created to fast track the green transition while securing the availability of the core services society relies on – energy, power grid, water and infrastructure.
Volue enables new and existing players to prepare for the future of energy, water supply and infrastructure building. It is a reliable partner for anyone committed to sustainably managing the challenges of the climate crisis.
In Europe, more than 350 TWh of annual power generation is planned and optimized using Volue solutions. Getting the most out of existing power plants is a serious contribution to sustainability.
Volue is one of Europe’s largest enterprise software companies and has pioneered green technology for five decades.
Volue is the result of the fusion of four companies: Powel, Markedskraft, Scanmatic and Wattsight. The companies were rebranded in January 2021. Two additional companies have been added to Volue since: Likron and ProCom GmbH.
Volue delivers software, insight and services for energy production, trading and distribution. It was created to fast track the green transition while securing the availability of the core services society relies on – energy, power grid, water and infrastructure.
Volue enables new and existing players to prepare for the future of energy, water supply and infrastructure building. It is a reliable partner for anyone committed to sustainably managing the challenges of the climate crisis.
In Europe, more than 350 TWh of annual power generation is planned and optimized using Volue solutions. Getting the most out of existing power plants is a serious contribution to sustainability.
TokWise provides an innovative technology to maximize the return of renewable energy portfolio.
The solution combines big data and advanced analytics, offered as Software-as-a-Service. Leveraging resilient technology and proprietary AI models, TokWise is adding an extra intelligence layer to your trading operations to reflect all market dynamics and maximise profit.
We support the growth of renewable energy by providing solid services to manage efficiently the green energy portfolio:
1) Tailor-made Commercial and Forecast(C&F) Optimization Service designed to enhance trading and increase the return of each MWh renewable energy.
2) Software-as-a-Service Portfolio Management Suite connecting assets and markets in one centralized place to easily orchestrate all portfolio management and trading activities.
TokWise services are incorporated in the daily operations of leading European renewable aggregators, large producers and green energy suppliers.
Commodity is an international search boutique that specialises in talent acquisition, retained search, competitive intelligence and advisory across the commodity markets. Our HQ and in-house research is based in the UK. We have offices in Singapore, Houston and Geneva. Regardless of colleague location, we operate as a cohesive unit.
Our client base is made up of a select few partners globally. These relationships are well established and underpinned by trust, delivery, confidentiality, speed, respect for process and value of data. Longevity in search matters. Commodity was born in 1977, hence celebrating its first 40 years in 2017.
ASSOCIAZIONE ITALIANA DI GROSSISTI DI ENERGIA E TRADER
AIGET – Associazione Italiana di Grossisti di Energia e Trader
Piazza Giulio Cesare 5 – 20145 Milano – Tel: +39 02 36593080 [email protected] – www.aiget.it – Twitter: @AigetEnergia
AIGET: Associazione Italiana di Grossisti di Energia e Trader / The Italian Association of Energy Traders & Suppliers (www.aiget.org)
Created in 2000, with the beginning of the liberalization of the Italian energy markets, AIGET represents and promotes the interests of the Italian and foreign entrants in the supply, trading & shipping of electricity, natural gas and related services & certificates. The main targets of the Association are the promotion of competition, transparency and liquidity in the Italian energy markets & supporting the development and standardization of tradable energy products and contracts, including energy & weather derivatives.
At EnAppSys, we help our customers to make the best strategic decisions based on energy data from 32 European countries.
On our Market Data Platform we process, calculate, forecast and visualise market data, all delivered through a fast, reliable and intuitive platform providing customisable dashboards with API integration, giving you the insight needed.
Our Market Access Services for the GB market offers a worry-free and quick solution for CVA qualification and interfacing with Elexon CVA flows. Thanks to our solution for National Grid’s Wider Access, entering the Balancing Market with your assets was never easier
The platform with our market knowledge provides the backbone for our Consultancy Services that deliver actionable, and bankable projections.
EnAppSys’ dedicated and knowledgeable team supports a wide variety of happy customers. Don’t take our word for it! Read some of our customer recommendations.
Argus is an independent media organisation with almost 1100 staff. It is headquartered in London and has 26 offices in the world’s principal commodity trading and production centres. Argus produces price assessments and analysis of international energy and other commodity markets, and offers bespoke consulting services and industry-leading conferences. Companies in 140 countries around the world use Argus data to index physical trade and as benchmarks in financial derivative markets as well as for analysis and planning purposes. Argus was founded in 1970 and is a privately held UK-registered company. It is owned by employee shareholders, global growth equity firm General Atlantic and Hg, the specialist software and technology services investor.
Worldoils is a company that combines the power of marketing as well as the in-house expertise for the Oil, Gas, Offshore and Maritime industries. Worldoils’ web portal www.worldoils.com has become a truly central platform for visitors who need information regarding oil and gas products and services, research, training, conferences, news and events as well as a popular advertising base for providers of Oil, Gas, Marine and Offshore services. Worldoils has also launched the jobs system and a marketplace. In the recent months, Worldoils has strengthened its position as a fast developing central place for buying and selling of land rigs, offshore rigs, barge rigs and other oilfield and subsea equipment.
World Bioenergy Association is an international member organization with a mission to promote the sustainable development of bioenergy on a global level and to support the business environment for bioenergy. With a member base of bioenergy companies, associations, research institutes and individuals from more than 65 countries, WBA represents the voice of the global bioenergy community.
WBA activities include publishing factsheets, statistics reports, market reports and position papers on various aspects of bioenergy including policies, technologies, markets, finance etc. WBA also has organized numerous events in the past including workshops, webinars, conferences, and study trips to discuss and debate issues surrounding bioenergy including land use, biodiversity, carbon neutrality, clean energy etc. Moreover, WBA collaborates with various international organizations working in the renewable energy sector via partnerships including IRENA, IEA, REN21, REN Alliance, CPLC, FAO and others.
VoxSmart is a SaaS surveillance technology provider that designs, develops and deploys software to better manage business risk and meet regulatory requirements. Our team includes experts in finance, regulation and business analytics that can help to find and fix the problems encountered by regulated firms in the financial space and beyond.
Our technology captures your employee communications, wherever they are working, and turns the data this generates into useful information about your business conduct and operations. We help connect a firm’s people, processes, and technology to deliver operational efficiencies and enable smarter business decisions.
VoxSmart recently secured a $25M investment from Toscafund to accelerate our vision for an integrated surveillance model to capture and supervise all communications and trade data under one platform.
AEBIG (Asociación Española de Biogás) was founded in 2009.
The main mission is to represent the interests of the sector, promoting renewable gases and raising awareness of its benefits. Collaborates with Public Administration and other institutions, being recognized as the voice of the spanish biogas sector at national and international level
Pursues the development of biomethane injection into the network of natural gas and its use as fuel for transport.
The companies that develop their activities in the biogas sector, agroindustrial, landfills, sewage, gasification, etc., can apply for membership in AEBIG.
AEBIG is founding member of EBA (European Biogas Association)
European Gas Hub is an online platform for sharing analysis and information about European natural gas markets. Our weekly newsletter with new content goes out each Tuesday.
Scalefocus is a software development and digital services company helping businesses grow by leveraging cutting-edge technology and employing top talent.
Our team delivers custom software solutions and integrates existing leading products (IBM, AWS, Oracle, Microsoft, SAP, Appian) with proven consultancy and implementation methodologies.
We guide clients through the technology maze of their digital transformation and allow them to make informed decisions based on their own data.
Our key differentiator is the agile development approach with an unwavering focus on long-term results.
Hitachi ABB Power Grids is global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries. Headquartered in Switzerland, the business serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and data centers. With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values. It is committed to powering good for a sustainable energy future, with pioneering and digital technologies, as the partner of choice for enabling a stronger, smarter and greener grid.
The Energy Planning and Trading business unit provides integrated software solutions, energy markets intelligence and strategic advisory services that enable industry professionals to make better economic and strategic decisions, including:
Energy Trading and Risk Management solutions: To automate tasks and business processes supporting the entire trade cycle from deal capture and contract management, to pricing and complex fees, trade confirmations, portfolio management and valuations, risk controls, collateral and credit management, to settlement and regulatory compliance reporting.
Energy Market Analysis Software: Capacity expansion, market and electric systems simulation systems, and generation portfolio optimisation.
EGSSIS offers operations teams the most proactive energy management platform that supports them in achieving operational excellence.
Active since 2008 we offer innovative Software-as-a-Service platforms for gas and power operations and market communication, as well as dispatching services.
Our team of Butlers & Whizzkids serve 24/7 with a smile and ensure your peace of mind with smart solutions.
Currently we’re supporting 55+ gas and power traders, shippers, and BRPs, across more than 25 European grids to help them keep a grip on their energy portfolio.
Come by our booth during the Energy Trading Week and find out what we can do for you!
Enverus Trading & Risk connects trade floors to the world of commodity and energy market data with forward curves risk management software for agile workforces, custom and out-of-the-box data management solutions for proprietary data, and highly accurate AI power market forecasting. Connect with our 500+ data and market intelligence channel partners through our flagship MarketView Desktop terminal.
Energy Traders Association (ETD) was founded by leading energy trading companies holding Electricity Wholesale Licenses in 2010 to promote liberal energy trading and development of sustainable, transparent and liquid markets in Turkey. The Istanbul-based Association currently has 54 members.
ETD is mandated to facilitate and promote universal rules, regulations and standards enabling a fair trading environment towards a liberal energy market. ETD’s functions include not only the establishment of preliminary infrastructure ensuring transparent and accessible prices and market information for all, but also the introduction of a widely accepted standard contract and defining and establishment of an ethical code. In order to fulfil its objectives, ETD cooperates with many national and international Governmental and Non-Governmental institutions.
In terms of national connections and works, ETD participates in and organizes joint working groups including both members of ETD and Institutions with Ministry of Energy and Natural Resources, Energy Markets Regulation Authority, Competition Board, TEİAŞ (Turkish System Operator), EPİAŞ (Energy Markets Operation Company), Istanbul Exchange etc. Main subjects of this joint work are liberalization and competition, standardization, legal infrastructure of both wholesale and retail trade issues, transparency. We are proud of being very active during process of foundation of EPİAŞ, structuring products transacted in Istanbul Exchange and development of volume and operational enhancement of OTC markets in Turkey.
In terms of international connections, ETD and EFET (European Federation of Energy Traders) organized multiple meetings introducing the EFET Agreement to market participants and created a working group on the adaptation of the EFET Agreement into the Turkish market. Finally, EFET General Agreement Turkey version (EFET TR) was launched on 22 July 2011, which was followed by the execution of the first agreement by two leading companies in Turkey. Our efforts and studies towards introducing demand response management to the Turkish energy market in cooperation with some European companies and institutions came to a visible level in regulatory frameworks. We are one of the energy sector organisations, which is invited to consultation meetings and interviews for various reports on the Turkish energy market, prepared by international organisations such as The World Bank Group and International Energy Agency.
CTA ADVISORY is an international group of commodity professionals with expertise dedicated to serving the global trading industry. Leveraging on our experts’ fieldwork experience, our mission is to set up flexible, dynamic, and cost-efficient trading solutions. Our services include outsourcing structures, financing facilities, and professional recruitment.
BJSS is the leading technology and engineering consultancy for business. Trusted by our clients, we collaborate to deliver complex, innovative technology, engineering, and industry solutions that millions of people use every day.
Our team is made up of over 1,600 talented people across 15 locations in the UK, Europe, USA, and Australia. We make digital transformation and user engagement a reality. Passionate about design, we engineer world-class technology solutions embracing strategy, software, cloud, data, AI, and Automation. Our teams of talented technologists and consultants use our Enterprise Agile approach to build dynamic technology platforms that scale and accelerate time to value.
Windward, is the leading maritime AI company, providing an all-in-one platform for all your risk management and maritime domain awareness needs. With real-time insights into ownership structure, cargo, containers, and vessel behaviours, we help our partners make decisions with confidence.
By leveraging maritime domain expertise, augmented by best-in-class artificial intelligence and machine learning, we connect the dots, going beyond data to deliver a customized view of your risk with actionable predictive intelligence and insights, through an easy API integration or as an online tool
We enhance any KYC, due diligence, vetting, or law enforcement processes, from screening and monitoring to deep investigations by providing immediate go / no go recommendations with 4 times fewer false positives, so you can focus on future-forward decisions to grow your business opportunities, secure your operations, and trade with confidence!
Windward partners with leading global banks, insurance, and energy & trade companies, governments, and ship owners to navigate their risk while optimizing operations.
Windward- Power your organization with maritime AI
The European Energy Retailers (EER) represent the voice of Independent Energy & Solution Providers in EU-wide policy discussions. In order to achieve a well-functioning retail energy market, new suppliers and service providers must be able to enter into and compete in the market on equal terms.
As the world pivots for energy transition, upstream and downstream producers and consumers of energy are evolving rapidly to meet and exceed global climate goals. Eleven are deeply involved in the energy transition across trading, investment, development, optimisation and analytics including factors affecting these decisions and advice, such as meteorology and geopolitics, collaborating and sharing advice and insight.
And, as such, over the last 23 years, Eleven has evolved from operating in a traditional downstream supply and trading industry into a partner of choice for energy and commodities, renewable, chemical and alternative technologies. During this diversification, our operations in traditional geographies have evolved into emerging markets whilst supporting our existing clients within the European energy trading sector including but not limited to Gas, Power, LNG and Carbon. We’ve worked in these markets since the early days of deregulation, placing our first power broker in 1999. Our client portfolio includes trading companies, private equity and institutional backed companies, banks, utilities, emerging technologies and retailers.
General Index (GX) is the new alternative to traditional PRA commodity publishing. Founded in response to industry demands for more competition and fair access to key data, GX combines market expertise and leading technology underpinned by coded methodology in a new business model.
General Index is the energy industry’s new pricing data partner.
GX is responsive in providing new benchmarks to solve the industry’s pricing needs.
GX is cost-effective by offering replacement indexes for existing high-cost benchmarks.
GX provides: New benchmarks to solve the industry’s evolving pricing needs. GX works with the industry to create new pricing indexes where changing dynamics require a new solution. The first of these are the Global Crude Index (GCX) and the Cross Atlantic series comprising crude, gasoline and diesel.
Comparable benchmarks to replace existing high-cost incumbents – GX’s comparable indexes are an alternative to existing industry-standard prices. These are based on market-accepted methodologies and are therefore fully interchangeable with existing benchmarks.
Morningstar is a trusted source in data management solutions that provide clients with actionable information in the energy, commodities and financial sectors. Our enterprise-level software enables you to access and analyze proprietary and market data to facilitate collaboration and help make better investment decisions. Traders, risk managers, IT, analysts, and executives look to us to power their enterprise and take action with confidence.
ROITI is a Full-Service Consultancy for energy trading companies that demand the best value for money technology advisory across their IT landscape.ROITI stands for providing you with a combination of very sound market know-how and an approach of challenging assumptions and stakeholders in order to achieve a sensible and working solution. We develop experts with solid market know-how and a broad tech skillset. We are always committed to getting to the background of the requirements, defining clear business cases, and looking for a win-win solution that will be easy to use for the end-users and easy to maintain for the support teams. We can offer dedicated technical support and project teams as well as experts in the entire energy value chain, both on-site and off-site
Our headquarters are located at the centre of Europe‘s fastest-growing IT-Hub, with a globally appreciated Talent-Pool.
KWA Analytics is an award-winning global consultancy, delivery business, technology, and support solutions for the energy, commodity, shipping, and treasury markets. At KWA, we believe in delivering the highest quality solutions to our clients, regardless of short-term profits or vested interests. Our commitment to client fulfilment is core to our company values. We provide a range of service offerings to deliver an integrated end to end capability to solve our clients’ most complex and challenging issues.
To achieve this we have, under one roof, the best subject matter experts providing an unparalleled level of market and TRM knowledge.
With offices in the UK, US, Canada, Mexico, India and Singapore we work with clients globally and have implemented and provided bespoke solutions to commodity traders, insurance companies, investment banks, oil and gas majors and utilities.
We provide clients with an integrated end to end capability across our core service offerings:
Advisory Services – Selection Processes, Product Delivery, Business Architecture Design, and Product Management
Consulting Services – We provide consultancy for functional design delivery, assurance and remediation.
Audit Services – Functional and technical audits to help clients understand whether their implementation is optimised.
Training Services – A range of flexible and tailored training services to help clients become more proficient.
Support services – Bespoke support solutions tailored to all requirements 24/7 and pooled on demand.
Upgrade & Testing Services – Our delivery model and automated testing solutions lay the path to cost-effective, efficient and successful upgrades.
The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power, Natural Gas and Emission Allowances, and Freight and Agricultural Products. EEX also provides registry services as well as auctions for Guarantees of Origin, on behalf of the French State.
Launched in 2014, Catalyst Commodities focus solely on commercial and credible UK power price formation and have become the benchmark for traders and analysts active in UK power wholesale markets. Market participants like our services as we constantly report the results of our model against outturn, replicating a “skin in the game” type outlook. Catalyst collaborates with customers directly, answering questions using our deep commercial knowledge and that which is coded into our model – Centaur – via our analyst team. Our products include emailed subscription reports and a dynamic online portal with API covering the next half hour to the next five years.
Equias is a proven partner that provides innovative, cost-effective solutions and services for the energy trading community. We develop advanced solutions for the automation of energy trading processes, based on open market standards. We focus on optimisation and adding value through technical insights and innovations that are equitable and accessible to all our clients.
At ETW Online you will hear more about Equias eTM, electronic Trade Monitoring and Equias eSM, electronic Settlement Matching.
The trade and monitoring regulatory compliance service, eTM, is built for the European energy markets. It is configurable to your company’s unique situation and approach to monitoring. eTM is the most popular solution in the industry complying with MAR and mitigating risk under REMIT.
eSM allows you to remove discrepancies and errors from settlement data, enabling automated payments to drive shorter (even daily) settlement cycles. Equias eSM is the only EFET compliant solution, ready for use and tested by early movers.
Moonlight IQ is a highly specialised, global B2B strategic PR and marketing agency delivering results for our clients in the global financial and technology sectors. For over 20 years we’ve played a key role in clients’ growth and dominance of their market sectors, and in becoming stand-out award-winners. Moonlight IQ provides proven messaging, branding, and communication strategies, ensuring that your messages are clearly heard in the market. Our strategy is to establish our clients as market leaders in the industry and to highlight the unique values each brand brings to the market.
We use our expertise in the industry and wide network of relationships to get businesses in front of leading finance and technology publications as well as key industry players, your prospects, and clients.
Ben Hillary, Managing Director, Commodities People 
Moderator: Maryana Stober, President, Wista Switzerland 
Anna Malamen, Finance Director, PMG Holding 
Bjarke Nissen, Managing Director, Stolt Tankers 
Ilya Medvedenko, Director, Barens Group 
Robert Soban, Senior Account Manager - Financial Markets / CAMS, Pole Star Global 
Moderator: Kevin Kindall, Senior Data Scientist, Hartree Partners 
Hugo Brodie, Head of Product Development & Innovation, London Metal Exchange 
Gordon Allott, President & CEO, BroadPeak Partners Inc. 
Adrian Carr, Business Development Manager, Nasdaq Risk Platform 
Dirk Robers, Digital Ventures EMEA, Cargill 
Richard Reid, Head of Risk Strategy & Integration, Marex 
Moderator: Marc Ostwald, Chief Economist & Global Strategist, ADM ISI 
Scott Wellcome, Director - Grains Risk Management, Goodmills Group 
Kona Haque, Head of Research, ED&F Man 
Saad Rahim, Chief Economist, Trafigura 
Moderator: Eddie Tofpik, Head of Technical Analysis & Senior Markets Analyst, ADM Investor Services International Ltd. 
Ana Yaluff, Director - Sustainability EMEA, ADM 
Caroline Abu Sa’Da, Director General, SOS Mediterranee 
Maria-Teresa Pisani, OIC Chief Trade Facilitation Section / Economic Cooperation and Trade Division, United Nations Economic Commission for Europe (UNECE) 
Cyril Widdershoven, Founder, VEROCY 
Steve Young, CEO, Association of Corporate Investigators 
Alex Whittaker, General Manager, Bonroy Petchem Co 
Richard Gambrill, Risk & Finance Manager, Aygaz 
Peter Rippon, CEO, OpenGamma 
Harry Knott, Chief Business Architect, Quor 
Franziska Danz, VP of Product Management Market Owner EMEA, ION Group 
Richard Cornielje, Director Corporate Customers, KYOS Energy Consulting 
Aviv Handler, Managing Director, ETR Advisory 
Moderator: Mathilde de Mareuil, Headhunter - Executive Search, Shipping and Trading Network 
Jean-François Van Hollebeke, Global Lead of Trade Support, Louis Dreyfus Company 
Milijana Zaric, Head of Legal, Covantis 
Dr. Sadar Abdul Rasheed, Director of Commodity Risk Control, Savola Group 
Vanessa Lieberg, Risk Manager, Targray 
John Spencer, Risk Management Consultant / former Head of Trading & Head of Risk at oil trading companies in Geneva & London 
Richard Fu, Head of Commodities, Shanghai Pudong Development Bank Co. Ltd London Branch 
Bart Middeljans, Risk Operations Manager, BayWa 
Andrew Roberts, Head of EMEA, Rightship 
Christopher Thompson, Head of Proprietary Trading, Volcafe Ltd 
Ricardo Santos, Managing Director, Ricoffee 
Daniel Barbosa, Finance Director, Fex Agro 
James Lowrey, Global Head - Research & Analysis / Structured Trade & Commodity Finance - GTFD, Sumitomo Mitsui Banking Corporation (SMBC) 
Fieras Freijeh, Senior Sales Director, Quor 
Stuart Weston, Senior CTRM Solutions Consultant, Quor 
Post comments (0)