Unimills B.V Awards Commodity Trading and Risk Management Solution Offering to Just Commodity’s ContraXcentral™

Netherlands, EU, (February 26, 2009) – Just Commodity Software Solutions, the leading solution provider of Commodity Trading and Risk Management software solutions, announced today that Unimills B.V., a leading edge European supplier of tailor-made vegetable oils producing more than 450,000 tonnes of products per year, has selected ContraXcentral™ to manage its commodity and risk operations.
 The strength of Unimills is its diversity of processes, ranging from hydrogenated to fractionated, double-fractionated, and interesterified oils, and the possibilities that the unique infrastructure offers. Flexibility and reliability are natural for our people supported by a streamlined internal organisation based on transparency, short communication lines and mutual respect inspired by a committed management.
 
Innovation, and the rate at which new products are developed, are key for success in today’s market. Therefore, Unimills adopted the open innovation model, and formed a creative new product development team with an extensive knowledge of oils and fats physics, chemistry and processing.

“In this day and age of the volatile commodities trading industry, it is essential for companies to ensure greater transparency and Risk management practices are adhered to during the entire contract execution Life-Cycle. Just Commodity’s ContraXcentral ™ Product suite will fit perfectly in meeting the objectives and requirements of Unimills. Our Primary focus is in the Agri Commodities Markets today, Unimills and the Veg –oil business falls right down our alley” said Joel Lou, Vice-President of Business Development, Just Commodity Software Solutions.

About JustCommodity Software Solutions

JustCommodity has been successfully delivering Commodity Trading and Risk Management (CTRM) solutions to the Edible Oils, Grains, Softs, Energy and Metals industries for over a decade. Our client list represents some of the largest and most successful corporations globally.

Our solution, ContraXcentral™, is a web based solution which improves the efficiency of trade lifecycle by seamlessly integrating front, middle and back office processes – all within a single and automated information platform.

ContraXcentral™ solution is complemented with our team of expert consultants with many years of industry experience behind them and our excellent support infrastructure.

ContraXcentral™ is developed to reduce paper-based records and to improve efficiency, freeing up more time to focus on your core competencies. Identifying areas which require the consolidation of information, creating reports and alerts based on these data, ContraXcentral™ communicates accurate data easily and keeps mistakes and time-consuming errors to a minimum.

By supporting all back-end functions that influence communications and update all contracts and information for internal and external review, ContraXcentral™ enables your trading flow to be smoother and enables your organization to answer quickly to market changes.

Reducing risk and errors with an adept and stable platform for businesses to exercise greater control and capitalize on real-time data for maximum returns.