The only real-time, straight-through processing, multi-commodity solution

By Julie Preuss, Director, Marketing – Triple Point Technology, Inc.

Commodity XLTM is Triple Point's flagship solution and is the only commodity trading and risk management system that works across multiple commodities, in real-time from front-to-back office. It is an integrated solution that profitably manages the complex, ever-changing requirements of physical and financial markets.

Commodity XL is a real-time system that helps customers of all sizes gain business intelligence for better decision making, streamline trade processing, reduce transaction costs, maximize supply chain efficiencies, precisely measure and manage market risk, evaluate performance, and ensure regulatory and accounting compliance. It was built specifically for high volume, complex transaction management organizations. Commodity XL utilizes a component architecture that provides what you need today with the ability to plug-in additional functional components in the future to grow and adapt with your business.

Multiple commodities, globally

Commodity XL delivers unique functionality for each commodity you trade including oil, metals, power, natural gas, coal, freight and softs. Each module has been specifically designed to fully support the particular requirements of that asset class.

Figure 1

At the same time Commodity XL is a common platform that enables aggregated risk management and consolidated back office efficiencies. Commodity XL encompasses global and regional requirements to support your entire enterprise.

Operational and management benefits

Commodity XL delivers business intelligence for better decision making, streamlines operations, and provides reporting and audit trails for compliance and control allowing you to turn day-to-day operations into better business results.

Business intelligence

Reporting – with Commodity XL, every screen is a report showing information in real-time. Sort, filter and group all data according to the needs of each business area. Drill down or across to the lowest level of detail or roll up to view data in aggregation. 

Analysis – Commodity XL provides real-time analysis models at multiple points in the life cycle of a transaction, including P&L attribution, margin analysis, VaR and "what if" scenarios. It also has seamless import/export integration with Excel for additional analysis.

Figure 2

Value-at-Risk is one of many comprehensive risk management tools in the Commodity XL solution.

Streamlined operations

With straight-through processing, your organization eliminates data re-entry and resulting errors. In addition, delays in data reaching each person in the transaction chain are eliminated resulting in faster decision making in markets where every second counts. The reduction in data errors coupled with integrated processing results in lower transaction costs.

Compliance and control

Commodity XL provides one version of the "numbers" across divisions, products and geographies. All documents are stored automatically for audit purposes and all reports required by regulations are generated. Every change to the system is captured and documented for a detailed audit trail to ensure accountability for SOX, FAS 133, IAS 39, and S&P risk.

Integrated real-time transaction management

Commodity XL is designed to deliver all the required functionality and support every role throughout the life cycle of both physical and financial commodity transactions. From executive to trader to risk manager to scheduler to accountant, Commodity XL provides the right information, presented in the proper format and delivers the results you require.

Next-generation platform

The Commodity XL solution suite is built on the most advanced platform in use today. It is standards based and enables you to plug-in the solutions you need now with the flexibility to easily add functions later. The Commodity XL platform seamlessly integrates with your overall IT environment and does not require complicated or non-standard maintenance. We invest significantly in research and development to ensure that Commodity XL uses the most advanced technology that delivers database, middleware and operating system independence along with unparalleled scalability.

Unmatched people and services

No one knows more about the commodities trading industry, better understands your needs, or possesses more experience than Triple Point. Triple Point has an unbroken record of successful implementations of its solutions. Clients appreciate the knowledge and enthusiasm that Triple Point professionals bring to the process. From installation to ongoing support, you can count on Triple Point to deliver.

Figure 3: Key function

Figure 4

Right solution today

The market environment is one of high commodity prices combined with sharp volatility and it is here to stay for the foreseeable future. Triple Point's Commodity XL provides the software solution to operate and win in these demanding business times.

About the company

Triple Point Technology is the leader in trading, risk management, scheduling and logistics solutions for commodity companies. Triple Point serves customers located on all continents and its solutions are used by more than 25% of both Global 500 commodity trading companies and Global 500 energy companies. Triple Point's large investment in research and development, over 25% of revenue each year, has paid off with numerous company and product awards including being named "Software House of the Year," voted the "Top Trading and Portfolio Management" solution, selected for the "Gold Innovation" prize and being named nine straight times to the "Deloitte Technology Fast 50."


Triple Point Technology, Inc.
301 Riverside Avenue
Westport, CT 06880

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