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Real-Time Trade Management
My.N Commodity Trading module provides a single screen for managing the three core areas of a trade - purchasing, logistics and sales.
This allows Traders to accurately model the profitability of a trade prior to a purchase or sales commitment being made, finance can manage funding and logistics can manage the administrative process. All this from a single screen and data set.
Click here to view the Trading Screen in detail
For Purchasing, the Trading screen allows acquisition costs to be combined with purchase costs to provide a true cost of purchase. This includes transport costs such as shipping, insurance, duties and levies, and administrative costs including Letters of Credit, Import Licences, currency Hedges and funding costs.
Once you know what a shipment is going to cost you to land, the details of the sale can be entered. The data from these two trading functions are then brought together, providing a summary of the costs, profits and margin. Any changes in purchasing costs or the selling price immediately reflect in the summary.
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Trading
- Pre-deal Analysis
- Real-time Trade Capture
- Back Office Financials
- Risk Management and 'What if' Testing
- Currency Hedges
- Batch traceability from source to destination
- Document Workflow Management
- Compliance, Regulation and Certificates of Conformity
- Powerful query and reporting tools
- Promotes proactive decision making
- Streamlined processes
For Logistics, documentation workflow is managed making sure that paperwork is provided in the right order, to the right people, at the right time.
My.N also organizes and stores all incoming and outgoing emails, contacts and documents against a Trade in order to improve the business communication workflow.
My.N's Commodity Trading module helps companies precisely measure and manage market risk, evaluate performance and ensure regulatory and accounting compliance.
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