Amsterdam, The Netherlands and Minneapolis, Minn. USA — April 25, 2013 — Agiboo BV and DTN today announced the formation of a strategic partnership to develop communications interfaces for streaming DTN information into the Agiblocks Commodity trade and Risk Management (CTRM) system. The interfaces will help commodity traders and purchasers using the Agiblocks system to reduce manual data entry of pricing information and contracts allowing mark to markets, risk management on their physical and derivatives position including the use of Value at Risk (VaR).

The interfaces will facilitate the transfer of DTN information to the Agiblocks Commodity Trade and Risk Management system in multiple areas such as physical (inventory and physical contracts), futures, options and OTC contracts. Helping traders stay on top of the volatile, complex and fast-moving commodities market, the agreement provides traders with the ability to capitalize on market opportunities more effectively and increase efficiencies in their operations.

“We see great benefit to our customers by reducing effort with the ‘mark to market’ valuation process, improving contract pricing data integrity, and more efficiently managing offers in concert with DTN’s agribusiness tools,” says Jan van den Brom , CEO at Agiboo BV. “Being able to automatically run mark to market price contracts, and instantly have correct unrealized or realized P&L (Profit and Loss) will be a most welcome labor-saving feature and moves risk management to a new level.”

Contacts

For Agiboo BV:
Jan van den Brom, CEO,
+310(0) 36 521 3131 jvdbrom@agiboo.com

For DTN:
Sandi Scott
+1 (952) 851-7216, sscott@tunheim.com

During the upcoming “Pricing and Risk Management in the Food Commodity Markets – Achieving an Effective Supply Chain to Manage Food Commodities Volatility”, Agiboo will provide an interactive workshop for participants. This event is organized by Marcus Evans and takes place on 13th and 14th of May in Thistle, Marble Arch, London, UK. Besides interactive workshops, this summit will offer panel discussions, round table sessions, and practical case studies presentations.

Jan van den Brom (CEO of Agiboo) will provide an interactive workshop, detailing how the GARCH calculation can be employed in price forecasting of commodity prices. GARCH is a econometric model, which estimates the volatility of a market and hence attempts to predict the price movement of financial instruments. The information gathered from this model can assist commodity traders, purchasers and producers in managing the price risk exposure.

Attend this interactive workshop to learn how GARCH can assist you in your risk management or visit one of the various other high-quality workshops or panel discussions. For a complete overview of the two-day program click here.

We are constantly improving the quality and functionalities of our commodity trade and risk management solution “Agiblocks” and are proud to announce yet another enhancement to our system. Agiblocks is now compatible with the new tablet developed by Microsoft, called Surface. This development gives you extended flexibility to manage your commodity trade and risk activities any place, any time while maintaining the familiar and user-friendly interface of Agiblocks.

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