Etihad Airways selects SunGard's Kiodex for fuel hedging

Etihad Airways, the national airline of the United Arab Emirates, has chosen to implement SunGard's Kiodex Risk Workbench, a web-based trading and risk management product, to help manage its jet fuel hedging program. Etihad Airways' treasury department will use Kiodex for scenario analysis, pricing, reporting, settlement, and hedge accounting, and to assist with the execution of derivatives-based hedging transactions. SunGard's Kiodex is a web-based commodity trading and risk management plat