IOWA.rocks, a new financial data marketplace is to provide energy and commodity market data customer with data from Numerco, a specialist in the Nuclear Fuel and Marine Distillate DMA Fuels markets.
Numerco Limited is an independent commodity supply company, specialising in both sourcing and supply chain optimisation of physical materials, energies and industrial products.
Scott Lawrence, Co-Founder and Managing Director at Numerco, says: “The implications of the 2020 reduction of sulphur content of marine fuel is expected to have wide-ranging and significant implications on the global markets at many levels. We are keen to work with industry innovators such as IOWA.rocks and strongly believe this symbiotic relationship adds a much-needed new dimension in supply chain flexibility and choice, all at the right price. This development further underpins our commitment to be recognised as the leading provider of specialist data in our field.”
Darren Bishop, Chief Revenue Officer at IOWA.rocks, says: “The ability to provide content consumers with fast, easy access to specialist real-time and historic pricing from the market leader, via IOWA.rocks, is a very compelling proposition. This development is particularly relevant for the overall energy and commodities markets which hosts a wide and diverse universe of participants who are involved in all aspects of the end to end product supply chain. We are confident our partnership with Numerco will help to further fuel much needed change in the way these consumers are supported. I am excited to welcome Numerco into the IOWA.rocks content creators community.”
IOWA.rocks is underpinned by MDXT’s market leading technology and provides a single and highly accessible destination for specialist market datasets. It enables all content creators and content consumers to meet and transact business using flexible, multi-channel subscriptions models not previously available. The technology is already proven within the global financial marketplace and is used across the entire asset class spectrum, from front to back-office including energy and fixed income.
Paul Watmough, Executive CEO, MDX Holdings, says. “Our goal is to liberate the industry from the constraints imposed by outdated working practices, which until now has limited consumers from accessing the information they need, when they want it and at the right price. We believe our partnership with Numerco further supports our ambitious strategy for change and we look forward to establishing a deep and long-lasting relationship with this important firm.”
