News and Media

May Nui Markets Update

Published on 21 May 2020

banner-may2020-updates

New and upcoming developments

Like the rest of the world we’ve been navigating unfamiliar challenges these past few weeks. Despite the constantly changing conditions, we believe that going digital is easier and makes more sense than ever before.

What's new

  • Nui at IDFA: On May 19th, Nui presented a webinar (as part of the IDFA webinar series) around digital strategies for online trading. Our four presenters provided both strategic insights as well as recent lessons learned in Europe. The webinar was well attended and solicited a robust Q&A after the session.
  • Increased activity: There has been a dramatic uptick of trading activity across our platforms. Since the beginning of the year, the DAO platform alone has recorded a 300% increase per month over the previous year.
  • Arla Food Ingredients goes live: The new Arla Food Ingredients Platform launched on May 18th. This platform will help provide a unique opportunity for Arla Food Ingredients to offer a spot marketplace. The new platform is a comprehensive solution that can be accessed 24/7, from anywhere in the world. We're excited to help another business with their digital transformation.
  • DAO procurement tender function: We've created a new procurement option for DAO tenders. This gives DAO participants the option to run live auction-style events where they can quickly ascertain the most up-to-date market price from an approved group of sellers.

Usability improvements

We're continually optimising the user experience. As part of our ongoing User Experience Initiative we are rolling out a number of modifications to how the platform works. These small changes will result in enhanced navigational tools and a more intuitive user interface.

On the horizon

Some exciting changes are coming soon. We're currently redesigning and optimising our notification system. This will allow users to customise what notifications they receive and how they receive them.

Our reporting and analytics engine is getting an overhaul as well—this will provide easier access to historical trade data and provide even greater insights for future transactions.

These are only some of the changes in the pipeline. If you have any questions about this update or around any of the other new features we've released recently, please drop us a line.


Back to News and Media

In other news

  • OneDairy partners with Nui to create online trading platform
    Published on 20 April 2023

    OneDairy is a global dairy supplier united under industry-leading producer and supply chain standards to support health and prosperity in all corners of the world. Read more

  • Nui Markets at ADPI 2023
    Published on 12 April 2023

    On April 23-25, Nui Markets will attend the American Dairy Products Institute (ADPI) 2023 Joint Annual Conference in Chicago. Read more

  • Pivotal new appointment signals exponential growth of Nui trading platform
    Published on 15 March 2023

    Nui is proud to announce the appointment of Ashwini Law as Head of Region. Ashwini, a titan in the international dairy market, brings with him over 25 years of proven success in commercial investments, strategic sourcing, and supply chain management to drive P&L in the agri-commodity sector. Read more

  • FrieslandCampina begins online trading with Nui
    Published on 16 February 2023

    FrieslandCampina has a long history with milk, dating back to 1871 when farmers formed the precursor to its current cooperative. Read more

  • Price discovery in an uncertain world
    Published on 09 February 2023

    If there’s one thing that markets hate, it’s uncertainty. Whether you are buying, selling or trading or even just trying to pick market trends for arbitrage opportunities, uncertainty and unpredictable volatility makes it all harder. Read more