FCM360 Expands ETRM/CTRM Managed Services
Ron Villarin, FCM360 Corporate Director to Head Operation
NEW YORK and LONDON, Sept. 10, 2014 /PRNewswire/ -- FCM360, the global foreign exchange (Forex) infrastructure company, has named Ron Villarin to head its expanded Energy Trading & Risk Management and Commodity Trading & Risk Management (ETRM/CTRM) operations.
FCM360's ETRM/CTRM products and services provide the infrastructure necessary to facilitate all business processes associated with managing complex energy and commodity trades, physical assets and financial instruments. This includes meeting ETRM/CTRM requirements such as trade or position deal capture, risk management, deal settlement and invoicing.
"Our goal is to both expand and enhance our ETRM/CTRM services by replicating the quality of managed services and hosting FCM360 provides to the global Forex community. The service and advanced technology we are making available to the ETRM/CTRM market has already facilitated strategic cost cutting initiatives and eliminated the operational risk associated with in-house infrastructure in North America, Europe, the Middle East Asia and Africa," said Villarin, who joined FCM360 (www.fcm360.com) last year as a corporate director with over 18 years of energy, commodities, foreign exchange and derivatives experience including leadership and operational knowledge of the ETRM/CTRM markets.
"With increasing complexities and demands in ETRM/CTRM, energy and commodities organizations need to focus on their inherent business of trading and managing risk while outsourcing their ancillary, yet critical infrastructure requirements," Villarin added.
FCM360 established a dominant worldwide position in the high-frequency, low-latency foreign exchange (Forex) trading community by delivering superior strategic planning and infrastructure services to the financial sector. FCM360 introduced innovations including enhanced financial cloud hosting and Micro-Pops that give Forex traders proximity to major financial datacenters in New York, London, Chicago and Tokyo without the cost and technical requirements of physical collocation.
Villarin began his career as an energy trader, broker and risk manager at the NYMEX in Houston and Chicago and later managed large enterprise projects at Deloitte & Touche, Openlink Financial and Bank of Tokyo Mitsubishi where he developed trading interfaces and led implementation teams for energy and commodities trading and risk management systems as well as foreign exchange technology. Additionally, Villarin brought his energy trading/brokering, financial services technology and ETRM/CTRM expertise to Calyon Financial, BP Amoco and Trading Technologies.
Villarin's professional articles have appeared in Energy Risk and Commodities Now where he positioned energy and commodities as a new paradigm for technology and underscored the role technology plays in enhancing organizational capabilities.
His latest article discussing the merits of managed services and hosting within the CTRM industry appeared in the June 2014 edition of Commodities Now and may be viewed here: http://www.fcm360.com/fcm360-news/fcm360s-villarin-discusses-the-merits-of-managed-services-and-hosting-for-the-ctrm-industry-in-the-june-2014-issue-of-commodities-now/
Editorial Contact: Dick Pirozzolo, [email protected] or 617-959-4613
About FCM360.
FCM360 (http://www.fcm360.com) is the financial systems infrastructure strategy & implementation company serving the FX and ETRM/CTRM sectors. Services include proximity hosting for high frequency trading, low-latency trading, automated trading, algorithmic trading and exchange connectivity. In addition to serving traditional markets in North America and Europe, FCM360 products and services provide high-speed, low-latency trading to brokerage firms and traders in Moscow, Cyprus, India, Hong Kong, Tokyo and throughout Southeast Asia and South Africa.
FCM360 established its dominant position in the market through innovation and by delivering a higher level of service and reliability at a lower cost than the competition.
SOURCE FCM360
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