Virgin Atlantic Airways Takes Off With the Kiodex Risk Workbench
Kiodex, Inc., a technology company that provides a Web-service platform for corporate risk management and financial reporting, has announced Virgin Atlantic Airways, the UK’s second largest long haul airline, as the newest customer of the Kiodex Risk Workbench(SM). Raj Mahajan, Kiodex President. said ‘As a Risk Workbench customer, Virgin is using our technology to develop advanced jet fuel hedging strategies resulting in significant cost savings on their energy expenditures.’ The Kiodex Risk Workbench(SM) integrates valuation models, risk reports, independent market data, and deal capture into a single Web-based.
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