Under op resilience rules, firms must plan for all severe stresses, whatever their probability Source: Risk feed

HOUSTON, May 6, 2021 /PRNewswire/ — Molecule, the leading SaaS platform powering the energy transition, announced the close of their $12 million Series A preferred round of funding. The investor group includes Mercury, a Houston-based early-stage venture capital firm that was an early believer in the Molecule…

Reuters by Clyde Russell – The global rally in commodities has seen some like copper and iron ore probe record highs, but when it comes to the companies producing natural resources the gains in their share prices have been largely…

On May 3, 2021, Proxymity became the first overseas vendor to connect on to the Votaccess platform, allowing global shareholders an unprecedented access to the French market with SRDII compliance. The Proxymity and SLIB partnership offers real-time voting and transparent investor… SLIB…

Statistics about the energy transition abound, from the collapse in European coal production, to various states’ commitments to net zero carbon emissions, including China’s target of net zero emissions by 2060. The energy transition will be a long-term process, with…

Voluntary OPEC production cuts have been contributing to reduced U.S. crude oil imports from OPEC so far in 2021. Comparatively stable U.S. crude oil imports from Canada, however, have been mostly the result of longer-term trends. Between 2005 and 2020,…

Strong results and exceptional new sales performance across all operating segments drive increased outlook for full-year 2021 Increased revenue synergy targets as ramping volumes, cross-selling execution and continued geographic expansion accelerated first quarter synergy achievement JACKSONVILLE, Read more Go to…

Coffee farmers are facing a growing epidemic that is destined to reach the pocketbooks of coffee lovers worldwide. It’s called coffee rust, and its insidiousness makes it a problem to which world economies may ultimately need to adapt rather than…

Is it just me or is it getting harder to get just the news? When I say the news, what I mean is factual coverage of newsworthy events in and around commodities, trading, risk management, supply chains, price forecasting, and…

Quant team’s options-based approach avoids pitfalls of historical data-dependence Source: Risk feed

A new commitment made by G7 digital and technology ministers to adopt electronic transferable records in international trade transactions has been hailed as a “momentous step forward” for trade digitisation, and businesses are being called upon to get ready for…

The Export-Import Bank of the United States (US Exim) has extended a string of Covid-19 relief measures for another year, as it works to help American exporters navigate their recovery from the pandemic. A host of temporary support policies, first…

A study of global gold trading data has uncovered signs of smuggling in several major markets, warning that metals traders, refiners and banks should pay closer attention to potential red flags. According to research by investigative campaign group Global Witness,…

Albaraka Türk has recently upgraded its funds transfer pricing framework in collaboration with Prometeia, a leading provider in risk management technology and advisory. The project aimed to improve the FTP methodology, consistent with the principles of Participation Banking, and to…

FundCount, a worldwide provider of accounting and investment analysis software, today announced that it has earned a spot on the 2021 WealthTech100, a premier list of the most influential technology companies transforming the global wealth and asset management industries. The…

Increasing alignment between CNH and CNY benchmarks opens door to more cross-currency hedging by foreign lenders Source: Risk feed

The trade finance industry now has another tool in its ESG toolbox with the publication of the global loan market associations’ social loan principles (SLP). Launched jointly by the Loan Market Association (LMA), Asia Pacific Loan Market Association (APLMA) and…

Contigo Software Limited, a provider of ETRM software solutions for the UK and Europe, has enhanced the risk management capabilities of its enTrader® ETRM product with the introduction of a Monte Carlo VaR (Value at Risk) module, that provides an…

Contigo Software Limited is pleased to announce it has appointed energy industry expert, Martin Thomas, as its new Product Manager. Martin brings to Contigo over 20 years of experience of retail and wholesale operations in UK and European energy markets,…

Export credit agency (ECA) financing for fossil fuels could be illegal under international law and governments are obligated to curtail it, according to a legal opinion commissioned by campaign group Oil Change International.  Authored by barrister Kate Cook and Cambridge…