One of the primary objectives of risk management is to reduce price volatility and lock in margins. This, in turn, helps you gain competitive advantage and focus on other business priorities.
The FCStone IRMP® is a retainer-based consulting program that uses a systematic process to evaluate and manage commodity price risk. We begin by understanding and quantifying the overall commodity risk you face. We then make recommendations to manage that risk and minimize price and volumetric volatility. The FCStone consultant is accountable for the results of those recommendations, verified through extensive month-end and year-end reports.
FCStone is an independent third party who sits on your side of the desk and becomes a single source for all your commodity risk-management needs. Working with us allows you to have, in effect, your own risk-management department, with access to the latest tools and techniques. In the process, your goals become our goals: protecting your budgets, predicting and stabilizing prices, and securing margins. In short, the IRMP is smart business.