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Triple Point Announces Commodity XL Management Dashboard

email this aricle - Triple Point Announces Commodity XL Management Dashboard - Westport, Connecticut, USA - 12 July 2007 print this article - Triple Point Announces Commodity XL Management Dashboard - Westport, Connecticut, USA - 12 July 2007
Business Intelligence Module Mines Trading, Risk and Supply Chain Data to Provide Unique, Insightful Analysis for Better Management Decision Making

Triple Point Technology, Inc., the leading global supplier of cross-industry software platforms for the supply, trading, marketing, and movement of commodities, today announced the release of Commodity XL Management Dashboard™, an add-on module to Commodity XL™, Triple Point’s flagship product. Management Dashboard is a business intelligence solution for executives that aggregates data from a variety of functions, providing sophisticated analytic tools and creating a real-time graphical depiction of the business. It drives intelligent decision-making by supplying management with key performance indicators (KPIs) and real-time business insight.

“The complexities of dealing in the commodity markets require systems capable of amalgamating large amounts of data,” said Carlos Lebrija, vice president, product management, Triple Point Technology. “Management Dashboard not only synthesizes vast sums of data, but integrates information from across the business to provide a valuable tool for measuring and monitoring key metrics, in real-time. It mines data to provide unique, insightful analysis not available elsewhere and displays the information via high-impact visuals. With timely and accurate information supplied in an easy-to-comprehend format, executives are better equipped to make intelligent business decisions, which have an enormous impact on the bottom line.”

“Commodity trading, risk management and supply chain software has traditionally centered on mastering the intricacies of transaction management. But at Triple Point, in addition to developing the best transaction processing system, we are focused on helping our clients turn transaction data into useful decision making information,” stated Peter F. Armstrong, president and CEO of Triple Point Technology. “Building on previous business intelligence break-throughs such as P&L Attribution, a root-cause analysis tool recently announced in Commodity XL 6.0, Management Dashboard identifies trends, analyzes information in new ways, and ultimately, provides an important tool for strategic decision-making. By giving clients insight into their businesses never before available, we are breaking new ground in the commodity trading and risk management space and Management Dashboard clients will enjoy a distinct competitive advantage.”

Triple Point Commodity XL is the only true next-generation solution built specifically from the ground up for high-volume, complex transaction management organizations. It meets all the requirements for trading in today's highly volatile environment: multi-commodity capabilities, real-time integration of physical and financial positions, comprehensive risk management, and scalability. Comprised of a family of commodity-specific products that can be deployed alone or in seamless combination with each other, Commodity XL manages every aspect of global cross-industry supply, trading, marketing, and logistics operations.

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