Koch Industries Installs RiskWatch For Commodities Risk Management


KANSAS--Koch Industries is installing Algorithmics' RiskWatch application to support company-wide risk management of its crude oil, feedstock and light products businesses, say Koch officials. RiskWatch will be used for both market and credit risk management at the company's headquarters in Wichita, Kansas.

Don Weaver, director of Koch's market and credit risk management unit, says the company is unifying its risk management operations, which are currently scattered across various locations.