HedgeStar to become Americas distributor & implementation agent of KYOS Risk Management Software
June 30, 2021 - MINNEAPOLIS, MN
HedgeStar announces a partnership with KYOS Risk Management Software in which HedgeStar becomes an official distributor and implementation agent of KYOS Commodity Portfolio and Risk Management (PRM) software in North America and South America.
The KYOS PRM system has been developed to enhance risk management for clients throughout the retail, food and beverage, agriculture, metals and energy industries. Through the system, risk management positions can be catalogued, analyzed, and reported into useful and concise risk metrics. With its user-friendly interface, the system can consolidate information including physical contracts, financial contracts, volume forecasts and market prices.
KYOS and HedgeStar both bring a unique value proposition, that together open the door for new opportunities. “We are very pleased to have found in HedgeStar a strategic partner with an established presence and customer base in North America,” says Richard Cornielje, Director Corporate Clients of KYOS CCA. “We believe our software makes commodity risk management much more manageable, not only for procurement, but also for the treasury and finance departments.”
“We were seeking a technology partner with a proven product and an appetite for rapid growth. KYOS addressed both criteria. Their multi-asset risk analytics platform is best-in-class and their company culture aligns seamlessly with HedgeStar’s – creative, customer driven and massively entrepreneurial. I am very excited to see what the future holds with KYOS and HedgeStar working side-by-side,” says Craig Haymaker, Chief Operating Officer at HedgeStar.
About HedgeStar
Founded in 2004, HedgeStar delivers risk management consulting, software consulting, derivative valuation and hedge accounting services, across interest rates, currencies and commodities. We are experts in FASB, GASB and IFRS standards related to accounting for derivatives and fair value measurements. Our global clients include public and private corporations, real estate trusts, accounting firms, law firms, healthcare organizations, educational institutions, and governmental entities.
The HedgeStar team is comprised of valuation experts, Certified Public Accountants (CPAs), and hedging program professionals. We deliver our services with a personal touch. We understand our clients and their portfolios and are an extension of their risk, finance and accounting departments. We strive to live by our core values everyday. https://www.hedgestar.com
About KYOS
KYOS offers specialized advice on trading and risk management in commodity markets. Their expert team has years of experience in quantitative modeling and advisory services in commodity markets. They developed their sophisticated solutions to support decision making, investment proposals and risk calculations. Their solutions are used amongst a broad customer base, including the major players in the commodity markets. www.kyos.com
Contact Information
HedgeStar Mr. Craig Haymaker 6400 Flying Cloud Drive #212 Minneapolis MN 55344 Phone: +1 866 200 9012 E-Mail: info@hedgestar.com
KYOS CCA B.V. Mr. Richard Cornielje Nieuwe Gracht 49 2011 ND Haarlem, The Netherlands Phone: +31 23 5510 221 E-Mail: info@kyos.com
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