Wax News Archive
Wax Digital makes IT happen for IMC financial markets & asset management
Wax Digital's web3 solution set is delivering a global on-demand purchasing, contract and IT asset-management system to IMC financial markets & asset management, a financial organization headquartered in the Netherlands and with offices in the US, Hong Kong, Australia, and Switzerland.
A significant part of the company's investment is on technology, the hardware and software that gives the traders and technology specialists at IMC the edge in rapid data analysis and execution capabilities.
IMC will be using many of Wax Digital's web3 solution modules in combination, not simply to facilitate and control IT expenditure but also to accurately track variable service costs against agreed contract values and enable IMC to much better handle the invoice management process. In addition, comprehensive IT asset management functionality will allow IMC to easily manage and report on the location, depreciation and current value of a global asset book.
IMC is a global company with offices across all time zones and the level of their IT spend reflects the importance the organisation places on making sure its traders have the best possible tools at their disposal. Wax Digital web3 brings control and understanding of that investment in detail, ensuring IMC is getting best value and subsequently managing its asset portfolio effectively. The highly intuitive web3 interface also means the system can be implemented globally with very little incremental training overhead.
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 We selected the web3 solution from Wax Digital because it was head and shoulders above the other systems we evaluated in its ability to handle all our complex requirements, from both a functional and cross-border perspective. IMC
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We are delighted to be working with IMC on this project," comments Daniel Ball, Business Development Director at Wax Digital. "Delivering against a complex set of specialised requirements is very much our speciality, moulding our standard web3 product set to suit in a way that does not compromise our core code base, and we look forward to a long and successful relationship helping IMC around the world.
IMC financial markets & asset management is a global financial organization with a presence in Amsterdam, Chicago, Hong Kong, New York, Sydney, and Zug. It is organized around two core entities:
IMC Financial Markets
- a successful proprietary trading groupIMC Asset Management
- a leading alternative asset manager with a range of institutional & private clients
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