We are thrilled to announce our exciting new partnership with Stable, the global leader in supply chain insurance.
Stable operates across more than 300 hedging markets, offering simple parametric contracts backed by A-rated reinsurers. Their customer base typically consists of manufacturers and producers seeking programmatic insurance-like solutions to smooth their income and manage costs in their supply chain.
In our exciting partnership with Stable, they will integrate our Vesper Pricing Index (VPI) into their option contracts for select products, including WPC80, SMP, Butter, and WMP. This integration enables Stable to leverage our comprehensive pricing data to enhance their risk management strategies across these key commodities.
For hedging solutions, clients often rely on futures markets, but many products lack such markets. Stable addresses this gap by utilizing reliable benchmarks like the Vesper Price Index, offering their clients innovative hedging solutions tailored to their needs.
Stable is now equipped to protect WPC80, marking a significant milestone as the first company to offer this capability. This integration underscores the value and reliability of Vesper’s pricing benchmark in real-world applications within the supply chain insurance sector.
Joe Brooker, VP Partnerships at Stable, expresses his confidence in Vesper’s benchmark: “We are pleased to accredit Vesper as a reliable and trustworthy benchmark for our option contracts. The quality of their pricing data is exceptional, providing us with the accuracy and confidence we need to deliver value to our clients.”
Bram, Vesper’s Partnership Manager, shares his enthusiasm for the partnership: “We are excited to collaborate with Stable and support their innovative approach to supply chain insurance. This partnership further validates Vesper’s commitment to delivering high-quality pricing intelligence solutions, and we look forward to the opportunities it will unlock for both organizations.”
As we embark on this journey with Stable, we are excited about the possibilities it brings for our customers and the broader market. Stay tuned for more updates as we continue to drive innovation and excellence in the supply chain industry together.
Interested in partnering with Vesper?
Whether it’s in data or commercial collaboration, Vesper welcomes partnerships that drive innovation. Reach out to Bram Schreurs, our Partnerships Manager, and explore the possibilities. Let’s create something extraordinary together!