The Client
Traxys is a physical commodity trader and merchant in the metals and natural resources sectors, with 450+ employees in over 20 offices worldwide and annual turnover in excess of USD 10 billion. The group specialises in sourcing, trading, marketing, and distributing non-ferrous metals, ferro-alloys, minerals, industrial raw materials, and energy.
The Challenge
In a fast-changing commodity market, Traxys needed to:
- Automate business processes
- Measure and manage risk more cohesively
- Gain firm-wide transparency
- Strengthen its ability to monitor global exposures
Why Quantifi?
“We wanted to take a more sophisticated approach to risk management and have a consolidated view of risk exposures across our global operating model. Quantifi was our preferred choice as it has a track record of success in the commodities markets. By adopting Quantifi, we have an advanced and cost-effective solution that strengthens our risk controls and enhances operational efficiency.”
Chris Sloan, Chief Risk Officer at Traxys
After assessing its needs, Traxys selected Quantifi for its:
- Proven success in commodities
- Powerful, scalable architecture
- Seamless integration with existing systems
- Comprehensive market and counterparty risk management tools
Results
With Quantifi, Traxys now has a consolidated view of their risk exposures across the whole firm. Quantifi enables Traxys to:
- Monitor both settlement and pre-settlement risks, including MtM and PFE
- Track market risk via sensitivities, scenarios, and VaR
- Automate critical processes and reduce operational costs
- Support informed, timely credit decision-making across the firm
Download the full case study to see how, with Quantifi as Traxys’ core market risk and counterparty credit risk solution, the firm is better able to manage risk across their global operations.
