RISI and FOEX announce rebranding as Fastmarkets
By IM Staff
Published: Monday, 14 January 2019
New brand to unify RISI, FOEX and associated brands into world-leading price reporting agency
RISI and FOEX, two leading providers of
forest products commodities data and market analysis owned by
Euromoney Institutional Investor PLC, today have been rebranded
as Fastmarkets RISI and Fastmarkets FOEX. This rebranding
represents the investment made by Euromoney in its price
reporting agency (PRA), Fastmarkets.
The new brands extend Fastmarkets commodities coverage into
forest products, alongside its metals & mining pricing
business, which includes products formerly known as Metal
Bulletin (rebranded in 2018 as Fastmarkets MB), American Metal
Market (now Fastmarkets AMM) and Industrial Minerals (now
Fastmarkets IM).
The unified Fastmarkets brand advances its vision to be a
single, definitive source for trusted commodities data. Today,
Fastmarkets provides more than 5,500 commodity reference prices
and benchmarks for use in physical contracts, as financial
benchmarks and for tracking and analysing key trends in the
markets it serves.
"The change to Fastmarkets is not just a new name and look,"
said Dan Klein, CEO of Fastmarkets RISI and Fastmarkets FOEX.
"It highlights our commitment to expanding and strengthening
our presence in the global forest products market.
"This is reflected by our 2018 acquisition of Random Lengths,
an important PRA for the North American lumber industry, as
well as our expanded investment in technology and process
improvements worldwide" Klein added.
"What’s not changing is our commitment to
objectivity, transparency, and being the leading source of
pricing data, analytics and events for the international forest
products sector," Klein said. "Enabling our customers to master
their markets remains our core mission. We are extremely
excited to improve our customers’ experience by
developing new ways for our data and insights to improve their
workflows."
Learn more about the rebrand with a video from Dan Klein, CEO
of Fastmarkets RISI and Fastmarkets FOEX at risi.com/WeAreFastmarkets.
Fastmarkets is the leading price reporting, analytics and
events organization for the global metals, mining and forest
products markets. Fastmarkets' core activity in pricing drives
transactions in commodities markets around the world and is
complemented by news, industry data, analysis, conferences and
insight services. Fastmarkets includes brands such as
Fastmarkets MB, Fastmarkets AMM, Fastmarkets RISI and
Fastmarkets FOEX (previously known as RISI and FOEX,
respectively). Its main offices are in London, New York,
Boston, Brussels, Helsinki, São Paulo, Shanghai, Beijing
and Singapore. Fastmarkets is a part of Euromoney Institutional
Investor PLC, a listed company on the London Stock Exchange.
Euromoney is a leading international business-to-business
information group focused primarily on the global commodities,
banking, and asset management markets.