Asian Agri chooses Just Commodity’s CTRM System to streamline and seamlessly integrate their business processes and manage operational risk
This entry was posted on Tuesday, September 1st, 2009 at 1:45 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.Singapore (September 1, 2009) – Just Commodity Software Solutions, the leading solution provider of Commodity Trading and Risk Management software solutions, announced today that Asian Agri, has selected ContraXcentral™ to manage its commodity operations. In addition, JustCommodity, through its partnership with Transgraph, will provide a comprehensive coverage on both market and operational risk.
Asian Agri is one of the major operators of palm oil plantations in Southeast Asia. Its downstream activities include refining and manufacturing of edible oil products.
Ranked as one of Asia’s largest primary producers of crude palm oil (CPO), Asian Agri manages a total of 160,000 hectares of oil palm plantations in Sumatra, Indonesia (including 60,000 ha in partnership with smallholders under the Plasma/KKPA schemes) and 19 palm oil mills with a production capacity of more than one million tonnes of CPO annually. Downstream, Asian Agri operates four refineries processing CPO into end-products.
Believing that production and use of palm oil must be done in a sustainable manner based on economic, social and environmental viability, PT Inti Indosawit Subur, a member of the Asian Agri family, is a member of the Roundtable on Sustainable Palm Oil (RSPO), a global multi-stakeholder initiative that promotes growth and use of sustainable palm oil.
“ The complete solution will benefit Asian Agri through better control and decision support centering around Operational and Market Risk Management as the primary focus.” Says Mr Joel Lou, EVP, Business Development and Director of Just Commodity.
ContraXcentral™ is developed to improve efficiency, allowing users to focus on their core competencies. By identifying areas which require the consolidation of information, ContraXcentral™ intelligently creates reports and alerts based on information. Data is thus communicated accurately, keeping mistakes and eliminating time-consuming errors.
By supporting all back-end functions that influence communications and updating all contracts and information for internal and external review, ContraXcentral™ enables users’ trading flow to be smoother This would enable your organization to answer quickly to market changes.
ContraXcentral™ reduces risk and errors with an adept and stable platform for businesses to exercise greater control and capitalize on real-time data for maximum returns.
About Just Commodity Software Solutions
JustCommodity is by far the leading provider of business solutions and professional services focused in the commodities sector, with particular emphasis on soft and agricultural commodities.
JustCommodity has the expertise and the software solution to help you make the right decisions. With its keen understanding of commodity trading needs, JustCommodity’s core product, ContraXcentral™, offers a full suite of modules, which can be effectively implemented into many of your key workflow processes.
