AEGIS launches electronic hedge recommendations and approvals through its software platform
AEGIS Hedging Solutions, a technology leader for commodity and environmental markets, announces the launch of electronic hedge recommendations and approvals through its software platform. This feature enables companies to review and approve all proposed hedge transactions online or via text message – with approved trades automatically routed to AEGIS SEF’s online hedge marketplace for execution.
“In a time where compliance, controls, and efficiency are at the forefront of finance organizations, we are excited to modernize the way hedging transactions are recommended, approved and executed,” said Bryan Sansbury, CEO of AEGIS. “Customers have instant access to a fast and secure process that is fully integrated throughout the AEGIS Platform and into AEGIS SEF.”
AEGIS works with hundreds of companies to analyze commodity and environmental markets, develop tailored hedging strategies to protect cash flow from commodity price volatility, execute hedging transactions through a CFTC-approved marketplace and manage all hedge positions through settlement.
“Applying new technology to commodity risk management is a core capability at AEGIS,” said Chris Payne, Chief Product Officer of AEGIS. “This new functionality will eliminate the misunderstandings associated with email communications and manual data entry – ensuring hedge transactions can be launched, negotiated and settled with confidence.”
In addition to today’s release of online trade recommendations and approvals, AEGIS recently released online trading and surveillance technology through AEGIS SEF, including regulatory reporting routines, swap data repository integration, and APIs to integrate hedge program data into customer platforms. Looking ahead, AEGIS will be launching proprietary hedge portfolio modeling capabilities based on patents it owns and expanding the capabilities of AEGIS SEF.
“We have big plans to extend our lead in 2023,” said Payne.