Infor announced that HedgePoint Global Markets LLC has selected Infor gold partner TouchstoneEnergy to implement Infor’s financial management solution. Touchstone will supply HedgePoint with a financial management system centred around Infor OS operating service and Infor SunSystems, an 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 Jan. 12, 2021.
Touchstone will deploy Infor OS and Infor SunSystems in 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 to 10 weeks, including a data migration from the existing ED&F Man Capital Markets system.
“Choosing TouchstoneEnergy and Infor OS/SunSystems was the right decision for our business,” comments Tiago Sajben, HedgePoint’s director and chief operating officer. “Touchtone 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.”
“We are very excited to be partnering with HedgePoint Global Markets for this next step on their journey,” comments Peter Davis, head of TouchstoneEnergy. “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.”
