JustCommodity Ranked 130th Fastest Growing Technology Company in Deloitte Technology Fast 500 APAC

Dec. 1, 2011 - PRLog -- JustCommodity Software Solutions Pte Ltd today announced that it ranked Number 130 on the Deloitte Technology Fast 500 Asia Pacific 2011, a ranking of the 500 fastest growing technology companies in Asia Pacific.  Rankings are based on percentage revenue growth over three years. JustCommodity grew 358.767 percent during this period.

JustCommodity’s CEO, Mr. Joel Lou, credits expansion in to new commodity assets classes and the maturity of the commodity trading and risk management industry with the company’s 358.767% revenue growth over the past three years. He said, "We occupy a very lucrative niche in the software industry. And we have been buoyed by the commodity boom of the last decade, as the prices and demand for commodities continue to grow, so does the need to employ sophisticated systems to manage the various risk exposures of our present and future customers."

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Deloitte Technology Fast 500 Asia Pacific selection and qualifications
The Technology Fast 500 list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500, and public company database research. To qualify for the Technology Fast 500, entrants must have had base-year operating revenues of at least US$ 50,000.

Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology-related product; or devotes a high percentage of effort to the research and development of technology.  Using other companies' technology in a unique way does not qualify.


About JustCommodity
JustCommodity is an award winning Commodity Trading and Risk Management (“CTRM”) software solution provider serving the agricultural commodity and energy markets. Its CTRM solution, ContraXcentral™, is a premium web-based software suite specially designed to support the needs of commodity trading houses – providing information security, simplifying complex processes and reports for every echelon of an organisation.

Established since 2002, the Asian market leader has offices in 4 countries with over 70 employees and has clients spanning the globe, including Forbes Global 2000 and Fortune 500 companies. JustCommodity is a privately held company and is headquartered in Singapore.

For more information, visit www.justcommodity.com


About the Technology Fast 500 Asia Pacific Program
The Deloitte Technology Fast 500 Asia Pacific program recognizes technology companies
that have achieved the fastest rates of revenue growth in Asia Pacific during the past three years. The program is supported by the Deloitte Technology Fast 50 initiatives, which rank high growth technology companies by location or specifically defined geographic area and is run by Deloitte Touche Tohmatsu Limited’s Technology, Media & Telecommunications (TMT) global industry group.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and deep local expertise to help clients succeed wherever they operate. Deloitte's approximately 182,000 professionals are committed to becoming the standard of excellence.


"Making the Deloitte Technology Fast 500 is commendable in today’s highly competitive technology industry," said Yoshitaka Asaeda, Deloitte Japan partner in charge of the Deloitte Technology Fast 500 Asia Pacific program. "We congratulate JustCommodity on being one of the 500 fastest growing technology companies in the region."

JustCommodity previously ranked 106th in the 2010 Deloitte Technology Fast 500 rankings, making it the 2nd fastest growing company ranked in Singapore that year. And in 2011, it is still among the top 5 fastest growing technology companies in Singapore according to the Fast 500 Asia Pacific ranking.

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Just Commodity is the leading Commodity Trading and Risk Management (CTRM) solution provider in Asia, offering the best in technology and industry practices to the Edible Oils, Rubber, Other Softs and Energy industries.