22 April, 2024

BBGC Awarded CTRM Managed Services Contract by Rio Tinto

In a significant move, Rio Tinto, a global leader in mining, has awarded a Commodity Trade Risk Management (CTRM) Managed Services contract to BBGC, a consultancy renowned for its expertise in business and technology.

BBGC’s extensive experience in energy, commodities, and financial services, along with its global reach across the UK, USA, Singapore, UAE, and India, sets it apart as a dependable partner in the CTRM arena. The firm’s wide-ranging services include strategic IT consulting, end-to-end delivery lifecycle support, product selection, and implementation, all designed to boost Rio Tinto’s operational efficiency and risk management strategies.

Through its expertise in trading solutions and advanced analytics, BBGC is poised to assist stakeholders in effectively managing, marketing, trading, or consuming commodities, with robust analytical support to enhance position visibility, ensure regulatory compliance, and manage risk.

“At BBGC, we prioritise the security and competitiveness of our clients’ trading operations,” Amir Soufizadeh, Director at BBGC, emphasised.

He also stated, “Our Modern Managed Services, supported by a distributed team across multiple locations, ensure continuous support, improvements, and cost-effective enhancements.”

The collaboration between BBGC and Rio Tinto is a reflection of BBGC’s commitment to delivering superior solutions. “Being trusted by a company of Rio Tinto’s caliber is a testament to the quality of our work,” Soufizadeh further added. “We are proud of our collaboration to enhance and manage a high-quality commodity software platform.”

Founded in 1873 and named after the Rio Tinto river in Southern Spain, Rio Tinto has grown into a leading figure in the global mining industry, now standing as the world’s second-largest metals and mining corporation with operations in 35 countries.

“We are thrilled to strengthen our partnership with BBGC as we continue to anchor a stable operational foundation while expanding our Commodities trading capabilities in the years ahead. This collaboration reflects our shared vision to address complex challenges with care, courage and curiosity to create a positive impact to Rio Tinto and the industry which we operate,” Marcus Ang, Senior Product Manager at Rio Tinto, shared.

Visit www.bbgcservices.com for more information about BBGC’s CTRM services.


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