Phibro Goes Live on Amphora Symphony CTRM
Stamford, CT, September 27, 2017 – Amphora, Inc, a leading global provider of commodity trading and risk management software solutions, announces today that Phibro Americas LLC has gone live on Amphora’s Symphony software platform to manage commodity trading and risk for its global renewables, fertilizer and biofuels operations.
Phibro was once the largest physical commodity merchant in the world and helped invent the modern oil market. Established in 1901, Phibro for decades had a dominant market presence, reaching a peak of $23.7 Billion in revenue making it the 15th largest US company in 1980.
Today, Phibro is an independent firm headed by CEO Simon Greenshields, a prior member of Morgan Stanley’s Management Committee and co-head of Morgan Stanley’s Commodity Division. The experienced management team at Phibro is comprised of other senior Morgan Stanley Commodity veterans including: Joe Delaney CFO, Martin Mitchell COO and Tom Funk Head of Trading and Marketing. Mr. Greenshields and this very same team helped build and run the #1 ranked Wall Street trading commodity business, generating annual revenues in excess of $3 Billion.
“Amphora was an easy choice for us. They understand our business and are willing to work closely with us to meet the needs of our growing company,” says Mr. Greenshields. “They are the ideal partner for our firm,” he added.
Rick Nelson, President Amphora cited “Amphora was born from Phibro over 20 years ago. It’s exciting to have them back as a valued client.”
Phibro is an independent commodity merchant company, operating out of its offices in Stamford, Zug and Shanghai and focused on asset acquisition, project development, and trading with a current emphasis on renewable fuels. Its principals have deep expertise across commodities including oil and oil products, natural gas, natural gas liquids (NGL), electricity, renewable fuels, fertilizer, and coal. Founded in 1901, Philipp Brothers (or PhibroTM as it became known) had a long heritage of innovation in the commodities markets. The business was a pioneer in the development of liquidity and prince transparency in the global commodity markets. It operated in the US since 1915.
For more information about the firm, its current operations, and its history please visit www.phibro.com.
Amphora, Inc. is the premier software solution provider for commodity trading, logistics and risk management in the global crude oil, refined products, coal, metals, concentrates, agriculture and freight marketplace. Founded in 1997, Amphora’s team includes some of the most experienced software designers, developers and business analysts in the commodities industry today. Since inception, Amphora’s goal has been to provide the trading community with the most robust, user-
friendly, enterprise-wide software package available along with world class customer attention and support.
Learn more about Amphora and visit our website at www.amphora.net