HAKARA Resources Selects Fendahl’s Fusion CTRM Software
London, UK – 8th of November 2018 HAKARA Resources Ltd. Selects Fusion CTRM Software to manage their trading operations in the metals industry.
HAKARA Resources, an international steel trading boutique based in London, has become the latest Metals trader to choose the Fendahl Fusion CTRM solution. HAKARA trades a wide variety of long and flat steel products including rods, bars, tubes, pipes, sheets, coils. In addition to steel semi-finished, HAKARA facilitates other steel related raw materials such as scrap, graphite electrodes, iron ore, and Ferro-Alloys.
HAKARA was using spreadsheets to manage their trading operations, but its continued growth and expansion led them to the conclusion that they had to move away from manual business processes and streamline the operation of the business.
After researching the CTRM market HAKARA decided to run a competitive CTRM system selection process and reviewed the available metals CTRM solutions. After the evaluation process was completed HAKARA selected the Fendahl’s Fusion CTRM Software. HAKARA chose Fusion CTRM software, as it was the only modern system that provided them with the flexibility and superior metals functionality, they required to successfully grow the business and scale into the future.
“Fusion provides HAKARA with a flexible CTRM system that enables us to continue grow profitably by efficiently managing our post trade transactions and accurately monitoring our KPIs. An important part of the system selection process was finding a system that not only allows us to capture the full life cycle of transactions but also to provide a real time management information. Fusion provides HAKARA with a solution that understands our needs in a rapidly changing business environment”. Karim Bousfiha, Managing Director, HAKARA Resources
Fendahl’s professional services team are working in partnership with HAKARA to rapidly deploy the Fusion CTRM solution, which will provide them with tools to continue to prosper for years to come.
Fusion CTRM offers smaller trading businesses a cost-effective way to move away from managing their trading operations with manual spreadsheets. Fusion automates business processes and effectively manages risk that allows small trading businesses to grow while controlling costs.
Fendahl Technology is a rapidly growing global CTRM software and consulting company with a dedicated team of over 100 staff with offices in the Americas, Asia, and EMEA, serving a growing global client base across multiple commodity segments. Fendahl offices are located in the London, UK; Houston, USA; Dubai, UAE, Singapore and Nagpur, India.