The CME Group, the Chicago-based provider of global commodity exchange and trading services, has appointed Tradesparent as a registered service provider to help extend its regulatory reporting capabilities for commodity processing and trading businesses.
Tradesparent, located in Rotterdam, has developed its suite of commodity risk and margin management software since 2010.
“We are pleased to work with Tradesparent to provide the global commodity community with a well-integrated trade reporting solution,” states Jonathan Thorsby, executive director and global head of CME Group Global Repository Services. “Its innovative technologies and analytics are the key to unlocking value and helping our mutual customers to achieve regulatory compliance.”
Norbert Verhagen, managing director of Tradesparent adds: ““Major food and agriculture processing and trading companies use our unique software in Europe, Asia, and North America. I am very pleased that we created this agreement with CME Group so that we can better service our clients.”