Key Takeaways:
- Innovative Integration: Barchart announces the launch of integrated Bid, Offer, and Hedge management within its flagship platform, cmdtyView.
- Centralized Command Center: cmdtyView aims to serve as a comprehensive ecosystem for commodity businesses, offering a unified platform for market intelligence, analysis, and risk management.
- Enhanced User Experience: This update allows users to manage bids, offers, and hedges efficiently alongside accessing real-time market data, news, and trading tools.
- Wide Market Application: cmdtyView supports a wide range of agriculture markets, such as grain, oilseeds, meats, and more, as well as the energy and metals sectors.
- Seamless Agribusiness Communication: The platform integrates with Barchart’s Marketplace Apps to facilitate business between agribusinesses and producers, streamlining workflows and enhancing productivity.
Introduction to Barchart’s cmdtyView Enhancement
Barchart, a leader in technology, data, and workflow solutions for the commodity and agribusiness sectors, has unveiled a significant enhancement to its cmdtyView platform. This update introduces integrated Bid, Offer, and Hedge management capabilities, designed to streamline the trading and risk management process for commodity merchandisers, traders, brokers, and analysts.
Centralized Platform for Commodity Markets
cmdtyView, Barchart’s premier market intelligence and risk management platform, has been developed into a central command center, as emphasized by Barchart CEO Mark Haraburda. This enhancement is part of Barchart’s ongoing effort to integrate cmdtyView across user workflows, exchanges, brokers, and back-office operations, creating a complete ecosystem for commodity business operations.
A Unified Approach to Market Operations
With the latest updates, cmdtyView users can efficiently manage bids, offers, and hedging activities in a single platform, alongside accessing essential trading tools, real-time market data, news, and charting. This integration aims to improve operational efficiency and decision-making for users across various agriculture markets, including grain, oilseeds, meats, coffee, cocoa, cotton, sugar, as well as in the energy and metals sectors.
Enhancing Agribusiness Communications
Barchart’s cmdtyView platform also seamlessly integrates with Barchart’s Marketplace Apps, designed to provide agribusinesses with customized tools for engaging with producers. This feature allows for efficient communication between agribusinesses and producers, facilitating bid posting, offer acceptance, and contract eSigning. Furthermore, the integration extends to a network of ERP and grain accounting providers, ensuring that producers have access to critical accounting data, further enhancing the platform’s utility and value.
Barchart Latest News
Barchart and AgVision Partnership: Enhancing Agribusiness Efficiency and Grower Engagement (2024/01/19)
Barchart and AgVision have formed a partnership to integrate AgVision’s grain accounting software with Barchart’s Marketplace mobile apps and online grower portals. This integration will provide growers with real-time access to essential data, enhancing their decision-making capabilities and operational efficiency. The partnership also simplifies agribusiness workflows, leading to more efficient and effective workflow.
Barchart & Greenstone Systems Announce Partnership (2023/01/02)
Barchart and Greenstone Systems have partnered up to improve the digital experience of growers who use MyGrower, the most popular ERP system in the U.S. grain market. The integration provides cash bids and futures pricing to the producers as part of their existing Barchart license. This connection enables joint customers to amend their bids in cmdtyView, which will be broadcast in real-time to their MyGrower users. The integration improves the grower’s digital experience by presenting pertinent basis, futures, and cash prices with other MyGrower information.
