Former Credit Suisse First Boston Director Joins Kiodex, Inc.; Richard J. Boesch, Ph.D. Appointed Chief Strategist.Business Editors NEW YORK--(BUSINESS WIRE)--July 25, 2000 Kiodex, Inc., an online provider of technology-based risk-management solutions for the commodities markets, has named Richard J. Boesch, Ph.D., Vice President and Chief Strategist. Dr. Boesch will be leading the development of the company's Risk Management Workbench - its valuation and risk calculation engine. "The Kiodex approach to on-line commodity derivatives risk management directly responds to industry needs; it goes to the heart of the inevitable, central role that the electronic landscape will play in risk management," said Richard Boesch, Vice President and Chief Strategist of Kiodex. "I'm very happy to bring my expertise to this company." Dr. Boesch comes to Kiodex from Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , where he served as Director of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of branch of the Global Modeling Group. Previously, he was a crucial force behind the derivatives modeling that established Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. Financial Products as one of the world's preeminent derivatives houses. He helped to launch the CSFP CSFP Commodity Supplemental Food Program CSFP Commonwealth Scholarship and Fellowship Plan (UK) CSFP Credit Suisse Financial Products CSFP Coded Superframe Phase (wireless communication) New York office in 1993, modeling in all markets, and ushered the bank into the world of parallel processing parallel processing, the concurrent or simultaneous execution of two or more parts of a single computer program, at speeds far exceeding those of a conventional computer. . His work opened the doors for new product and business lines throughout the decade. "We are delighted to have Rick join the Kiodex management team," stated R. Martin Chavez Martin J. Chávez (born 1952) is the current Mayor of Albuquerque, New Mexico. From 1989 to 1993 he served in the New Mexico State Senate and was elected to his first term as Mayor in 1993. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Kiodex. "Rick's background and experience in this field are second-to-none and make him an essential asset to our company." About Kiodex, Inc. Kiodex provides trading technology and risk-management solutions over the Internet to commodities markets. The Company's proprietary Trade Engine and Risk Management Workbench bring transparency and increased liquidity to established commodity-derivatives markets and emerging business-to-business, Internet-based commodities markets. Founded and staffed by technology and risk-management experts from Goldman, Sachs & Co. and Credit Suisse First Boston, the Company is leading the way to establish fair and safe commodities markets. For more information, please visit www.kiodex.com. |
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