George Weston plumps for SunGard Kiodex

George Weston Foods, one of Australia's largest food companies, has chosen SunGard's Kiodex to help manage its exposure to commodity price risk. George Weston will use SunGard's Kiodex to help develop and implement hedging strategies aimed at reducing and managing its exposure to volatile prices in agricultural commodities. According to Kiodex, the platform will help George Weston actively manage its commodity risk by helping it to price, capture, and manage financial derivative hedges.