MIND ID Trading accelerates base metal trading business with Ratispherd, a Commodities Trading and Risk Management Solution for trading enterprises
August 18, 2022
Singapore – NS Solutions Asia Pacific Pte. Ltd. announces that MIND ID Trading, one of the leading base metal trading houses in Singapore, chose Ratispherd – NS Solutions’ Commodities Trading and Risk Management (CTRM) Solution – to accommodate its fast-growing trading demand.
In the rapidly changing and highly competitive market of commodities trading due to the recent world situation, the challenges MIND ID Trading faces are becoming ever more intense to increase transaction in volume while maintaining well-controlled risks. To keep up with the pace of its business growth MIND ID Trading took up Ratispherd CTRM enterprise software for its proven functionalities with fast-track implementation process.
Forged through more than 10 implementations with medium to large-size trading companies, the functionalities of Ratispherd covers end-to-end processes of commodities business, which enables MIND ID Trading to streamline its operation, raise visibility of positions and consolidate P/L on a daily basis.
Implementing the system at short times was another decisive factor for MIND ID Trading to single out the solution. With NS Solutions’s experienced consultants the faster implementation methodology contributed to shorten the project which completed in 2 months.
“We are extremely impressed with the knowledge and support demonstrated by NSSOL and NSAP. Commodity trading deals are becoming increasingly complex, resulting in greater financial and operational risks. NSSOL and NSAP have provided a wide-range solution to our company. Although the market situation and business model are expected to change over time, we are confident that Ratispherd will overcome the changes with the professional support provided by the NSSOL and NSAP team.” Victor Kuo, Chief Executive Officer of MIND ID Trading said.
NSSOL and NSAP continue to support MIND ID Trading in its business growth by providing industry best practices with Ratispherd.
About NS Solutions
NS Solutions, a leading IT solution provider in Japan, has developed IT integration services since its founding years to attain net sales of US$ 2.2 billion with more than 7,000 consultants and engineers in 2022. It grew rapidly from the Information Systems Division of then Nippon Steel, to offer its system integration capability to wide range of clients and created a track record of successful tailor-made IT solutions. Partnering with customer to achieve their globalization ambition and pursuing digital innovation in broader industries, NS Solutions bolster its solution distribution network by setting up subsidiaries around the globe: US (1997), China (2002), Singapore (2011), the UK (2013), Thailand (2013) and Indonesia (2014).
NS Solutions Asia Pacific Pte. Ltd. (Singapore)