KWI launches new version of flagship trading product

London-based energy risk management software company, KWI, this week released KW3000 Version 7.0 – its updated flagship suite of applications for multi-commodity trading and risk management.

The new version, which was unveiled at a KWI conference in Dublin yesterday, gives users an enhanced ability to optimise physical assets using KWI’s scalable, profit-at-risk methodology, and provides mark-to-market reporting for trading activities. KWI has also partnered with London-based credit risk technology company Raft International, to expand on the credit risk functions handled by KW3000.

The new version is already being tested at some client sites in Europe and the US, according to KWI chief executive David Bucknall.

“In today’s volatile markets, credit has come right to the top of the priority list. Combining our work in credit with KWI’s extensive experience in trading and market risk will undoubtedly set the standard,” claimed David Priestly, Raft executive chairman.

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