A consortium including Dutch bank Rabobank, international trading firm Concord Resources and warehousing firm PGS has completed its first physical repo trade using a new blockchain platform.
Earlier this month, Gen10 representatives joined a record number of energy trading and operations experts at ETOT 2019, Europe’s leading operations and technology summit. The key takeaway from both Gen10 CEO Richard Williamson’s panel and the summit in general, was that collaboration and standardisation are crucial for industry progress.
In concentrates trading (and indeed, trading for any commodity that includes quality premiums, penalties, and discounts), managing assays and translating these into accounting and audit procedures are often some of the most difficult manual processes. Whilst this represents a challenge, it also means that these are the areas of opportunity where businesses could make some…
Gen10 are happy to announce that we will once again be sponsoring ETOT. This year marks the 11th annual Energy Trading Operations and Technology Conference in London on 10-11 October.
The concept of identifying and delivering cumulative marginal gains as a winning strategy in sport was popularised by the Sky Cycling Team, under the management of Sir Dave Brailsford. The exceptional and sustained success of both Sky in the Tour de France / Grand Tours and Team GB Cycling in recent Olympics was built upon…
