Product Overview
TriplePoint provides a unified solution for managing physical and financial trading, allowing businesses to centralize and consolidate multiple commodity lines and gain visibility into their global positions. Previously Commodity XL before it was acquired by ION Investment Group, this software supports the full trade lifecycle, including real-time P&L reporting, inventory production level monitoring, and contract conversion into cash. The software also features robust risk reporting, integrated procurement, and advanced forecasting and reporting tools.
TriplePoint automates deal creation and price feeds with its Xchange and Market Data Hub. It also offers Integration Services to centralize workflows and lower total cost of ownership.
Pros
- Configurable for multi-commodity trading
- Offers global position visibility
Cons
- Pricing information unavailable without a quote
Target Market
Large companies that require comprehensive management of trading, physical operations, and risk across multiple commodities. It is ideal for businesses needing to centralize, consolidate, and manage complex and diverse commodity portfolios and workflows.About TriplePoint
The Commodity XL suite by Triple Point Technology is the only commodity trading and risk management system capable of handling multiple commodities, all in real time from the front- to back-office.
As the leading multi-market commodity and enterprise risk management solution, Commodity XL meets all of the requirements for supply, trading, marketing, logistics, scheduling, shipping, risk management, and accounting in today’s volatile and complex market environment.
Video Overview
Features of Commodity XL
- Operates across multiple markets worldwide
- Integrates seamlessly with personal productivity tools (e.g. Excel), enterprise systems, and market feeds
- Provides unique functionality for each commodity while delivering aggregated risk management and back office efficiencies
- Delivers a true, proven next-generation technology architecture for future growth (n-tiered, J2EE 2.0-compliant, Web-enabled, extremely flexible & scalable).
User Reviews of TriplePoint
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