InstaNext, a premier provider of cloud-hosted commodity trading and risk management solutions, announced today that Greenfield Global, Canada’s largest ethanol producer, has licensed the InstaNext platform to manage their Corn, Natural Gas, Ethanol, Crush Margin, and Interest Rate hedges.
Headquartered in Toronto, Greenfield owns and operates four ethanol distilleries, three specialty chemical manufacturing and packaging plants, and three next-generation biofuel and renewable energy R&D centers across North America. Since 1989, Greenfield has continued to develop more efficient and sustainable technologies and products while shrinking its own carbon footprint. Under its Pharmco and Commercial Alcohols brands, Greenfield delivers hundreds of products to thousands of Life Science, Food, Flavor, Fragrance, and Beverage customers in more than 50 countries worldwide.
By implementing the InstaNext platform, Greenfield will be able to capture their hedges across multiple exposures and brokers in one solution. The system will give Greenfield the ability to see their Coverage Analysis instantly, which will create a better environment to view and increase margins. Greenfield will also use InstaNext’s risk analytics features which include Value-at-Risk (VaR), Sensitivities and What-if Scenarios.
“We are excited to add the largest Canadian ethanol producer to our growth plans in the ethanol space,” stated Richard Kulaszewski, “There are certainly more of them to come as the InstaNext platform provides a cost-effective alternative to broker specific systems that have strings attached.”
InstaNext is comprised of a team of software and technology experts in the fields of commodity trading, hedging, and risk management. With an extensive portfolio of successes in the CTRM industry, InstaNext provides intuitive solutions to help companies meet the challenges of the complex commodities world. The InstaNext platform simplifies every aspect of commodity trading and risk management. The multi-market platform allows companies to analyze their positions in real-time via its powerful analysis capabilities. With InstaNext, historical and scenario-based data can be used to compare current positions against changes in the market, allowing for more effective management of portfolio risk and ensuring profit margins are secure. Using the latest cloud-hosted technology, InstaNext can be implemented quickly and with low risk.
For more information please visit our website at www.instanext.com.