Wilmar International chose TransGraphs Risk Management System TransRisk to automate and help in Decision Analytics for Risk Management Function
Singapore (Jan, 2012) – TransGraph Consulting Pvt Ltd, a leading Commodity Risk Management solutions company announced that Wilmar International limited has selected TransRisk to manage its market risk operations and decision analytics for Risk Management.
Wilmar International is Asia’s leading agribusiness group. One of the largest listed companies by market capitalization on Singapore Exchange. Its business activities include palm-oil cultivation, oilseeds crushing, edible oils refining, sugar, specialty fats, oleo chemicals and biodiesel manufacturing and grains processing. Headquartered in Singapore, Wilmar has over 300 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries to support a well established processing and merchandising business. Wilmar also manufactures and distributes fertilizers and owns a fleet of vessels. The Group is backed by a multi-national staff force of more than 88,000 people.
TransRisk is the only Multi Dimensional Market Risk management solution dedicated for commodities industry. TransRisk is chosen after stringent evaluation and testing. Wilmar has operations in number of geographies, presence in number of commodities across the value chain, and it is of strategic importance for Wilmar to manage Commodity and Currency risk effectively and in timely manner. Also the kind of specific commodity operations, complex contracts and business scenarios that emanates makes Risk Management function quite challenging and complex for Wilmar. TransGraph successfully demonstrated the robustness, scalability and parameterization capability to Wilmar and of its suitability for them.
Mr. Nagaraj Meda, MD, TransGraph opines that the solution will help Wilmar International to quantify the risk from various dimensions like profit center, shipment month, commodity etc and implement the best risk management practices and help them effectively manage optimal risks for a public limited company. This is a testimony for TransRisk as best of breed solution for Palm Industry with leading players like Wilmar, Asian Agri , Golden Agri international and Good Hope group choosing TransRisk.
About TransGraph
TransGraph Consulting is a pioneer in commodity ‘Price Risk Management solutions’ and ‘Market Analysis & Price Outlook’ services. Its knowledge based decision enabling services are widely used by clients spread across the industries like commodity trading, manufacturing, FMCG, oil and oilseed, metals and mining, automobile etc. TransGraph’s strength and expertise lies in the areas of ‘price forecasting’,’ risk management’ and ‘value chain analysis’. TransGraph’s flagship risk management software TransRisk enables commodity trading companies to quantify the risk, implement risk management policy and implement customized hedge dash boards.
