Risk Reporting & Systems
Olam has developed a proprietary trading system that allows us to capture our physical purchase and sales contracts with various counterparties, as well as the derivative hedges we put in place for managing the resulting price risk. The online system allows data to be fed dynamically into its position reporting system which can be viewed by users world-wide using a two-factor authentication layer access. We have implemented the Murex System for our Commodity Financial Services business.
We have also developed an Olam Risk System (ORS) which provides our managers with cutting edge information access. The ORS is an integrated, global online platform for the comprehensive risk management requirements of our global managers, allowing them to capture, monitor and report various risk exposures in a timely and accurate manner. This is turn, helps improve our risk controls, productivity and decision support throughout the organisation.