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Higher Authority Foods chooses Frontwater Capital To Manage Commodity Risk
Higher Authority Foods chooses Frontwater Capital To Manage Commodity Risk
HA Foods will use Frontwater’s FLOW to help execute hedging strategies aimed at managing commodity exposures and ensuring cost certainty for their business
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 27, 2010 --
Higher Authority Foods, a maker of specialty kosher foods, has chosen Frontwater’s FLOW to help manage its exposure to commodity and currency price risk. HA Foods will use Frontwater’s FLOW to help execute hedging strategies aimed at reducing and managing its exposure to volatile prices particularly in agricultural and energy commodities.
Aaron Rubenstein, strategic sourcing manager at HA Foods said, “Frontwater’s Risk solution with integrated market data will help us manage our agricultural and energy commodity exposure. Furthermore, for the first time we will have the reporting capabilities to understand our currency exposure allowing us to control market risk related to the US:Peso exchange rate. The combination of its commodity specific models, currency risk reports and fast implementation made Frontwater the right decision. In the past, we have had problems finding a firm that fully understands the risks related to our business. Frontwater has shown a high level of insight into the risk management challenges facing our company.”
Visit Fronwater Capital at www.frontwatercapital.com OR www.fwrisk.com/flash.htm
More information can be found online at http://www.fwrisk.com/flash
Where: Osterholz-Scharmbeck,Germany
Industry:
Where: Bourges,France
Industry:
Where: Villingen-Schwenningen,Germany
Industry: Business Services
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