Koch Supply & Trading, the petroleum trading arm of US-based Koch Industries, is to deploy TradeCapture’s ICTS Symphony system to track and manage its global trading of crude oil and refined petroleum products. ICTS is a multi-commodity trading and risk management system which supports all physical and financial transactions including exchange-based futures and OTC derivatives. Troy Honeywell, director of business analysis for Koch Supply & Trading, said, ‘We intend to use the system to precisely track and monitor the trading business and manage risk position and profit/loss information.’ ICTS Symphony also includes an STP (straight-through-processing) feature. Koch Supply & Trading has traders in Wichita, Houston, Long Beach, New York, London, India, Moscow, and Singapore.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more