Kynetix is a leading provider of specialist technology for solutions
for physical delivery of commodities and fixed income derivatives
Software developed by Kynetix underpins some of the world’s leading physical commodities exchanges, managing commodities inventory and warrants, depository, grading and rent as well as processing physical deliveries, settlement, and payments.
Our solutions are used by futures brokers, FCMs and banks to provide critical post-trade business control and reporting, reducing inefficiency and ensuring compliance.
We specialise in providing mobile, cloud and on-premises applications which deliver rapid time to market for clients. A veteran of the financial services industry Kynetix has been working with some of the largest global commodities exchanges and their members for more than 20 years.
London Metal Exchange
Kynetix has worked alongside the London Metal Exchange for the last 10 years helping it to design, build, maintain, and evolve its proprietary systems for managing, financing, and settling physical metals contracts.
This system facilitates the transfer of ownership of LME warrants and stock reporting. Warrants are held in a central depository, are produced to a standard format, and include a unique barcode.
This is an electronic register provide global off-warrant commodity receipting. By immobilising paper receipts and using electronic versions in the system, LMEshield™ supports and enables lending by addressing uncertainties surrounding commodity receipts as collateral and reducing the risk of fraud on financed material.
“We selected Kynetix both for their excellent track record in our sector and their demonstration of a deep understanding of the specifics of the LME’s management of warrants”
Intercontinental Exchange, Inc.
Intercontinental Exchange, Inc. (ICE) has been a client for many years. We have advised, designed, and delivered multiple projects and modules to automate or streamline transactional processes for them and their members around the world.
ICE Guardian is an automated inventory management system (AIMS), designed in conjunction with the team at The ICE to streamline the handling of physical commodities during storage and delivery. It reduces much of the complexity and risk associated with physical deliveries.
The system includes secure compliant digital receipting of warehoused commodities, whilst access to a single digital inventory enables faster decision making by financing banks. Title transfers and pledges are fully traceable and auditable through the permission-based digital inventory providing accountability and visibility.
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How we work
If your requirements can be met using our standardised software, our commercial approach will ensure this is always the most cost effective, rapid solution.
When your situation is unique, our global engineering and delivery teams work closely to understand your needs, create the right solution, and work side-by-side with your own in-house specialists to implement and integrate with existing technology.