Trilantic North America-backed AEGIS Hedging Solutions, a commodity trading advisor, acquired a trading and risk management software business, InstaNext. The acquired company specializes in oil and gas and will enhance AEGIS’ technology offerings across products including energy, agriculture, metals, interest rates and foreign exchange rates. The deal marks the third acquisition for AEGIS.
AEGIS Hedging Solutions (“AEGIS” or the “Company”), a leader in technology and expertise for commodity and rate hedging, announced today that it has acquired InstaNext, a leading provider of energy/commodity trading and risk management (”E/CTRM”) software.
InstaNext, founded in 2013, is among the first E/CTRM software to be fully delivered from the cloud. InstaNext serves companies that produce, consume, buy, or sell commodities, enabling each to store, value, and assess their hedge positions as they manage against commodity price and rate volatility risk.
“InstaNext has transformed the delivery of E/CTRM software,” said Bryan Sansbury, Chairman and CEO of AEGIS. “Integrating InstaNext’s E/CTRM with AEGIS’ analytics, trading, and workflow automation platform will increase the rate of innovation for current customers and offer a powerful alternative for companies that understand the challenges with implementation, maintenance, and ongoing costs of legacy E/CTRM platforms.”
In addition to robust support for energy-related products, the InstaNext E/CTRM platform supports agricultural products, metals, interest rates, and foreign exchange rates, further accelerating AEGIS’ entrance into the manufacturing, transportation, and services sectors. By integrating its patented risk analytics, AEGIS will enable customers to model and manage a range of profit and cash flow outcomes directly from its industry-leading platform.
Elie Zabal, CEO of InstaNext, added, “Commodity prices and rates are driving higher and putting cash flow at risk for too many companies. We are excited to join AEGIS at a time when the need for powerful technology, insightful analytics, robust trading tools, and world-class expertise has never been more important for companies navigating these risks.”
AEGIS enables companies to manage their commodity price and interest rate risk through leading software and advisory capabilities. 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-enabled E/CTRM and analytics 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 Bentonville, Calgary, Chicago, Dallas, Denver, Houston, Knoxville, and Pittsburgh. To learn more, visit AEGIS’ website at www.aegis-hedging.com.
InstaNext is comprised of a team of software and technology experts in the fields of commodity trading, hedging, and risk management. With an extensive portfolio of successes in the E/CTRM industry, InstaNext provides intuitive solutions to help companies meet the challenges of complex commodity markets. The InstaNext platform simplifies every aspect of commodity trading and risk management. The multi-market platform allows companies to analyze their positions in real-time via its powerful analysis capabilities. Using the latest cloud-hosted technology, InstaNext commodity management software can be implemented quickly and with low risk.