Fenics Market Knowledge, a division inside BGC Group, Inc. (NASDAQ:BGC), at the moment introduced it’s partnering with ZE PowerGroup to convey its full suite of vitality and commodities pricing knowledge to purchasers via ZE’s knowledge administration answer, ZEMA.
The timing of this partnership is reflective of BGC Group’s growth via the acquisitions of Ginga and Trident to enhance GFI’s robust commodities franchise.
This partnership will present a complete over-the-counter knowledge answer, empowering customers to realize deeper insights into market dynamics and make higher knowledgeable choices. By leveraging Fenics Market Knowledge’s experience in pricing knowledge and ZEMA’s full end-to-end automated knowledge, analytics, and integration service, the partnership goals to offer purchasers with enhanced companies to handle their total vitality and commodities portfolios from a single supply.
Wealthy Winter, International Head, Fenics Market Knowledge, stated:
“Vitality and commodity buying and selling companies require consolidated knowledge options to handle growing market volatility. Delivering our distinctive datasets via a best-in-class knowledge administration software reminiscent of ZEMA permits companies to cut back guide intervention via enhanced knowledge accuracy and consistency. This results in quicker commerce execution and threat evaluation whereas enhancing threat mitigation and reporting capabilities, benefiting all counterparties concerned within the commerce cycle.”
Aiman El-Ramly, Chief Enterprise Officer, ZE PowerGroup, added:
“ZE is thrilled to be partnering with Fenics Market Knowledge, the unique distributor of excessive worth vitality and commodities knowledge for the BGC Group and its associates. The addition of Fenics Market Knowledge offers ZE with essential entry to strategic vitality and commodities knowledge that can improve our mutual purchasers’ understanding of the markets they take part in. The flexibility to combine and analyze a broad vary of information inside ZEMA offers our mutual purchasers with a strong mechanism to advance their market positioning.”