12 January 2016, Stockholm & London: Chinsay announced today that its latest online Commodities Contract Management system, CCM, has been shortlisted for Risk Management Software of the Year in this year’s FStech awards. Chinsay is the global standard for online freight and commodities contract management in the physical markets.

“This is excellent news for Chinsay,” commented Dag Sundén-Cullberg, founder and CEO of Chinsay. “Risk exposure in the commodities trading sector is enormous yet a majority of traders rely on paper-based systems, which means that manual errors are still a reality. These errors can have significant financial impacts and we are working hard with the global trading community to help companies move forward and embrace technology which will enable them to remain competitive. The acknowledgement of our system by the FStech awards is a great achievement and we look forward to working with many more companies this year as the industry continues its transition to technological solutions.”

Now in their 16th year, the FStech Awards recognise excellence and innovation in the field of information technology within the UK and EMEA financial services sector. Winning entries will come from financial services institutions and technology suppliers who are leading the way in such areas as compliance, systems integration, outsourcing, data governance, online, mobile, social media and customer service.

The awards are independently judged and the winners will be announced at the FStech Awards Gala Dinner & Ceremony on 17 March 2016 at the London Marriott Hotel, Grosvenor Square.