Sucden Group, a commodities trading firm, has partnered with Intercontinental Exchange, Inc. (ICE), the global technology and data provision platform, to bolster global trading and investment activities.

In this collaboration, Sucden aims to leverage ICE's Portfolio Analytics platform for real-time pricing, trading, and risk management of derivatives, signaling a commitment to staying ahead in a dynamic market.

The Portfolio Analytics platform offers market data and analytics streaming services. According to a statement by ICE, the platform will enable Sucden to price and monitor exposure on an intraday basis.

Enhancing Portfolio Management Efficiency

Greg Merran, the Head of Portfolio Management and Chief Investment Officer at Sucden, mentioned: "We are on continuous watch to improve or complement our portfolio management platform. Although we already have different analytical tools and frameworks to support our portfolio of cross-asset volatility and correlation positions, ICE's excellence in analytics and data will further enrich our capabilities."

ICE's Portfolio Analytics, offered as a hosted solution, handles all computational processes and delivers the resulting data directly to Sucden. This integration of analytical data with other applications and tools ensures significant efficiencies and simplified workflows for the trading firm.

Sucden Group Taps ICE for Derivatives Solutions

Sucden's front, middle, and back-office teams will have access to ICE Portfolio Analytics, allowing them to analyze holdings at both a single security and portfolio level. This access, covering multiple asset classes, will aid in pre-trade price discovery, decision support tools, risk management, and analytics.

Last year, Sucden extended its collaboration with Nasdaq, the global exchange powerhouse. The renewed partnership, as reported by Finance Magnates, enables the company to leverage Nasdaq's technology to elevate its market coverage and data analytics.

The partnership enables Sucden Financial to bolster its real-time monitoring and mitigation of market and liquidity risks across its diverse trading portfolios, both proprietary and client-based. This move occurred at a crucial time when financial markets faced increasing volatility and uncertainty.

Besides that, the agreement integrates enhanced controls into the Nasdaq Risk Platform, expanding its market coverage to include new exchanges in Europe, North America, and Asia. This expansion aligns with Sucden Financial's commitment to meeting evolving client needs and staying ahead in an ever-changing market landscape.