SunGard Trading and Risk Systems, an operating group of SunGard, announced that Waste Management, Inc. has selected Panorama to support the trading activity of its new pulp and paper-trading group, and to track and manage the market and credit risks related to its long-term physical delivery contracts.
Joe Reposa, director of systems development for Waste Management's Recycle America subsidiary, said, "We see paper trading as a natural extension of our physical recycling efforts and as a differentiator for our company. We chose Panorama because it offers us greater confidence in the trade support and risk management of our new trading group."
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