AEGIS Hedging Expands into Metals with Acquisition of Nexidus Commodities
Summary
With increasing global volatility, we are committed to serving companies across industries as they manage their commodity and rate risks.We are excited to bring AEGIS scalable technology and approach to hedging metal price risk for new and existing clients, said Adam Jackson, CEO of Nexidus. The acquisition of Nexidus represents an exciting first step in the Companys next phase of growth as we look to aggressively expand AEGIS presence in new end markets.With the Companys industry leading software platform and focus on value-added hedge advisory services, AEGIS is uniquely positioned to capitalize on an increasingly volatile market environment and expand into adjacent areas of risk management, added Chris Murphy, Principal at Trilantic North America. AEGIS provides unique insight into commodity and rate markets, develops and executes cash flow protection strategies, and manages all hedge program activities through a SaaS technology platform. AEGIS was recently named the Hedge Advisor of the Year for an unprecedented fourth consecutive year.AEGIS is headquartered in The Woodlands, Texas, and has offices in Dallas, Denver, Knoxville, and Pittsburgh. To learn more, visit AEGIS website at www.aegis-hedging.com.Nexidus provides commodity hedging, risk management, and analytical services to industrial clients with exposure to the prices of base and precious metals.
Classifications
AskAI Classifications
LabelsLinked Companies
