System & Organisation Controls (SOC)
Fendahl International DWC LLC is a software development company providing solutions for commodity trading/Energy trading and risk management across the world to the commodity and Energy trading organizations. Fendahl‘s Fusion Commodity Trading Risk Management (CTRM) software provides a new generation of commodity trading & risk management tool to commodity trading organizations.
Fusion is a truly multi-commodity, multi-currency, multi-unit of measure CTRM system. Fusion CTRM Software includes the following functionality- trade capture management, physical operations (logistics), financial settlement, risk management, decision support and reporting tools. On top of this, Fusion CTRM also provides industry specific functionality such as inventory management or commodity specific quality management tools.
Fendahl is certified with SOC1 Type 2 reports in compliance with AICPA SSAE18 standards for audits. The SOC1 report is intended to meet the needs of entities that use Fendahl’s (service organization’s) services and the auditors of the user entities who evaluate the effect of controls at the service organization for the user entities’ financial statements. User entities’ auditors use these reports to plan and perform audits of the user entities’ financial statements.
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ABOUT FENDAHL INTERNATIONAL
Fendahl was founded in 2012 in London, UK with the primary focus of the business on the bespoke development of tools required to augment the functionality of incumbent and aging CTRM solutions. The success of this business line eventually resulted in the organic development of an enterprise-wide CTRM solution; Fusion. Fusion has been built as a best in class solution which leverages on the latest technology while providing a depth and breadth of functionality which reflects the experience of the Fendahl Leadership Team.
Fendahl is a specialist provider CTRM (commodity trading & risk management) software solutions to commodity trading organisations. A rapidly growing global software company, we have a dedicated team of over 300 staff with offices in the Americas, Asia, and EMEA, serving an ever growing global client base across multiple commodity segments. Fendahl offices are located in London, UK; Houston, USA; Dubai, UAE; Singapore and Nagpur, India.
Our customers produce, refine, market, ship and trade globally. They rely on Fendahl’s expertise in these key physical and financial markets: Oil, Petrochemicals, Metals and Mining, Coal, Road Marine Fuels, Biofuels, and Agriculture/Softs.