16. 02. 21 Lily Swain
Touchstone will supply HedgePoint with a financial management system centred around Infor OS and Infor SunSystems, Infor’s advanced financial and analytics accounting software designed to ensure continuous access to critical accounting and management information.
HedgePoint uses technology to provide financial risk management products and services to global commodity markets, with deep expertise in agriculture and energy markets and presence in the US, Switzerland, and Latin America. HedgePoint was founded in 2014 as a division of ED&F Man Capital Markets, and rebranded when Albright Capital and De Jong Capital jointly acquired the business in a transaction announced on January 12, 2021.
Touchstone will deploy Infor OS and Infor SunSystems to the Amazon Web Services cloud and integrate them with the Murex risk management software that HedgePoint uses. The Infor systems are expected go live within 8-10 weeks, including a data migration from the existing ED&F Man Capital Markets system.
HedgePoint Director and Chief Operating Office, Tiago Sajben comments:
Choosing TouchstoneEnergy and Infor OS/SunSystems was the right decision for our business. Touchstone understands our markets and realizes the importance of quality customer service; and the solution is a robust and proven accounting and financial management platform. The Touchstone team has demonstrated its technical capabilities in working with our team on a successful cloud deployment, and we are delighted to work with an Infor partner that is willing to go the extra mile.
Peter Davis, Head of TouchstoneEnergy comments:
We are very excited to be partnering with HedgePoint Global Markets for this next step on their journey. With our implementation help, we believe the Infor financial management solution will enable HedgePoint to keep growing its business and delivering the risk management solutions customers need.
TouchstoneEnergy are leading providers of world-class business software and services. We are dedicated to the Energy sector with solutions for every role in the enterprise, from Finance and Accounting to Procurement, Inventory and Asset Management, Business Intelligence, Financial Planning and Business Performance Management.
Infor is a global leader in business cloud software specialised by industry. Providing mission-critical enterprise applications to 67,000 customers in more than 175 countries, Infor software is designed to deliver more value and less risk, with more sustainable operational advantages. To learn more, please visit www.infor.com.
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