Earlier, I spoke with Ms. Irina Reitgruber of FIS’ Cross Asset Trading and Risk business to find out how things were going for FIS in commodities. FIS has won its first client in the LNG space and is now very positive over that space for further new clients. “We have been adding LNG capabilities over the last several years,” Irina told me. “FIS Energy Trading, Risk and Logistics Platform (formerly Aligne) is now not only capable of supporting LNG trading and scheduling but it will also have a reference in that commodity soon, which is always an important factor in gaining new clients.” Irina was also very pleased with FIS’ progress generally – citing two huge wins in North America very large and very well-known trading houses for a multi-commodity solution at the end of 2020 and with the likelihood of a couple more to come. “There is a lot of interest in risk management and it seems that the importance of risk solutions has increased,” she said. “ 2020 was a successful year all around for FIS in energy & commodities and we are seeing positive signs of growth in early 2021.” FIS is also keeping a close eye… continue reading
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