Mitsubishi Selects TradeCapture Energy Transaction and Risk Management Solutions
Mitsubishi Corporation’s Energy Business Group is to implement TradeCapture’s ICTS Symphony to track and manage its global petroleum and gas assets, and global marketing and trading activities. ICTS Symphony is an integrated, multi-commodity trading and risk management system that supports all physical and financial transactions including exchange-based futures and OTC derivatives. The software helps clients to eliminate data entry and storage duplication and improve risk management, identifying trading opportunities and overall efficiency. ‘We felt it was the system that best matched Mitsubishi’s traditional physical-based trading style, while bringing us thoroughly up-to-date in a real-time commodity-based world,’ said Robert A. Nunan, Manager, International Petroleum Business Planning at Mitsubishi.