Armajaro Trading licenses Triple Point software
Posted: 28 August 2012
Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that Armajaro Trading has licensed its software for commodity procurement, trading, logistics, and credit risk management.
Armajaro is a global soft commodity trading house and supply chain manager with origination and export operations in all major cocoa, coffee, and sugar-growing countries. Armajaro's customers include the world's leading chocolate and coffee manufacturers.
Armajaro selected Commodity XL, Triple Point's flagship Commodity Management solution, because it is the only system capable of addressing Armajaro's complex supply chain requirements including measuring and accounting for qualities such as protein, moisture, grade, and foreign material.
Triple Point is the proven leader in delivering solutions that manage price volatility and optimize supply chain operations for agribusiness companies. Other global agribusiness customers that have chosen Triple Point include Cargill, Bunge Limited, Nidera, and Seaboard Overseas.
Commodity XL is the only software solution for commodity and risk management that works across multiple commodities in real-time from the front- through the back-office. Commodity XL manages the complete agriculture supply chain including farm procurement, origination, aggregation, storage, processing, trading, import/export, and local distribution on a single platform.