TECHNOLOGY
Housed between the towering peaks of the Swiss Alps and the rugged Jura Mountains , lies a sleeping giant : Glencore International PLC . Regarded across the globe as a leader in mining and commodity trading , Glencore operates around the clock , seven days a week , to produce an expansive amount of metals and minerals , energy and agricultural products .
Founded in 1974 by Marc Rich in Switzerland , the company has evolved from initially focusing on the physical market of metals , minerals and crude oil into a diversified natural resources group through acquisitions of farming , mining , smelting , refining and processing reduction assets .
A commodity marketer such as Glencore needs to be capable of making the proper decisions based on the latest information available . Market volatility , weather conditions and political uncertainties are just a few factors that can drive a trader to success or failure . But , thanks largely in part to early adoptions of technologies that bring a competitive edge to Glencore ’ s it infrastructure , this giant is one that will remain a force to be reckoned with .
Glencore runs a solid backbone of trading and risk management
26 S eptember 2014