IndustryMetals

In recent years, the metals industry has been characterized by consolidation, globalization, and relentless cost pressure; and the dramatic changes continue. The growth in demand for metals products also continues to shift toward developing economies. In addition, the metals supply chain has become more complex due to the constant change in the demand and supply patterns of global economy. Top metal producers strive to gain a competitive advantage by creating a supply chain that can quickly respond to the market demand variation while minimizing costs. Some of the key requirements of the industry includes improving the accuracy of price and volume forecasts, determining the best product mix ,making reliable customer delivery promises, improving quality and product yields through better scheduling decisions and improving transportation efficiency.

ContraXcentral™ provides metal traders, producers and processors an integrated trading and risk management solution to manage contracts, streamline fulfilment, automate settlement and pro actively manage risks. Contract templates can be defined based on industry standard terms, facilitating easy trade capture, reducing manual errors.

Trade approval workflow can be defined and also limits can be monitored for enforcing better controls. Requirements like circles, string, bypass and washout identification, execution and settlement are easily handled. Fulfilment events, quantities, quality, fees and commissions can be effectively managed and tracked. Inventory activities like tolling, blending, processing and reprocessing are supported. Physical and financial trades are settled and invoiced automatically. ContraXcentral™ facilitates hedging physical positions with futures or options and provides traceability of the hedge positions throughout the lifecycle. Market, operational, material and credit risks are measured and reported.