BANKS & FINANCIAL ORGANIZATIONS

Banks select SolArc RightAngle™ for their physical commodity trading needs, as it provides for faster implementation, thereby reducing the time to market for new product offerings in a commodity space.

Over the past few years, Banks have increasingly added physical capability to their commodity desks. Financial organizations have demanded greater capability to trade and transport physical commodities regardless of class (i.e bulk, liquid hydrocarbon, grains, metals or even emissions). The benefits of trading the physical commodity and a financial trade are apparent in an era of scant credit and highly volatile commodity markets. Banks have decided to facilitate the market beyond providing a credit facility for a financial over-the-counter (OTC) derivative.

The SolArc RightAngle™ solution supports four of the top ten bulge bracket banks also known as a tier one bank with capability for traders, risk managers, schedulers and revenue accounting. Several banks have implemented the SolArc solution in a few months, rather than years like competing products, due to SolArc's rapid implementation capability and robust functionality that meets customer needs without the need for a high degree of customization.

SolArc RightAngle Solutions for the Banking & Financial Industry:

Learn more about our support for the following commodities:

 

 

 

"SolArc allowed us to begin trading coal within a 2 month time frame from contract execution. This meant the world to our utility customer base that had requested we enter the physical commodity space for some time." - Trader, Coal Desk at a Major Bank

 

"SolArc's knowledge base was so vast we found ourselves leaning on their business experts for more than just IT systems advice." - Operational Accountant, Global Bank