SunGard’s Kiodex business unit has launched a new consulting service to help customers manage their commodity risk.
Using the Kiodex Risk Workbench, SunGard’s hedge consulting professionals will help guide customers through a risk management process of hedge design, implementation and monitoring.
“With Kiodex, companies with commodity exposure, however small, can now have access to the types of analytical and reporting tools traditionally reserved for larger organisations, without the need to implement a full system or to invest in specialised risk management staff,” says Ben Jackson, the chief operating officer of SunGard’s Kiodex business unit. “Kiodex’s hedge consulting professionals will provide a framework for analysing, hedging and reporting commodity risk. This expertise, combined with the Kiodex Risk Workbench, helps organisations including agricultural, airline, chemical, energy, metal, pharmaceutical, power and transportation companies of various sizes and complexity to manage their commodity risk.”