INTL FCStone Inc. Launches Converge -- Industry-Leading Commodities Risk Management Platform for the Middle-Market
Converge provides a comprehensive, fully customizable offering for retail producers and consumers of exchange-traded products that require the services of a brokerage firm to connect to global financial markets, but lack the resources of traditional account holders. The platform interacts with commodity exchanges worldwide and enables users to enter custom commodity prices, and track and manage futures market as well as cash market positions. Converge utilizes real-time data to deliver an exhaustive suite of analytics and value-added risk management solutions, including swaps and forwards, as well as common vanilla and options strategies. Users can position their products in a manner that provides protection and enables margin growth through world-class hedging capabilities and risk management tools. Converge leverages the substantial resources of
Converge provides clients with a world-class mechanism to guard themselves against adverse market conditions utilizing sophisticated strategies once reserved for the largest market participants. Its intuitive functionality streamlines the management of multiple commodity positions. The platform includes dozens of report options that help users to understand their positions, exposures, and historical performance, as well as analyze "what if" scenarios. Converge also provides users with industry-leading financial market insights as well as educational materials on risk management, foreign exchange and commodities, enabling users to more effectively plan their go-to-market strategies.
Ortner concluded, "Converge allows middle-market operators to identify and understand risk embedded in commercial activities, and develop detailed situational analysis, all on a historical performance dashboard that tracks physical activities and related hedges. The platform provides users with a powerful tool to capture, analyze and present mark-to-the-market value on a delta-adjusted basis. Research and preparation are the cornerstones of any successful business, and Converge offers an extensive library of resources that clients can utilize to optimize their understanding of the financial landscape and the outside market factors that affect their businesses."
About
A Fortune 500 company with a nearly 100-year track record, the company focuses on providing products and services within the commodities, securities, foreign exchange and global payments sectors. INTL customers include the producers, processors and end users of virtually every major traded commodity; commercial counter parties; and governmental, nongovernmental and charitable organizations. The company also serves institutional investors, brokers, professional traders, CTA/CPOs, proprietary trading groups, commercial banks and major investment banks. Headquartered in
Further information on
INTL-G
Media Contact
+1 212 266 0191
jmorakis@mgroupsc.com
Source:
News Provided by Acquire Media