Acalpo Chooses JustCommodity to Manage Edible Oil Trading

Dec. 21, 2011 - PRLog -- JustCommodity Software Solutions, the leading solution provider of Commodity Trading and Risk Management (“CTRM”) software solutions, announced today that Acalpo Pte Ltd has selected ContraXcentral™ to manage its trading and risk operations.

“We were extremely pleased with the capabilities of the system,” said Acalpo’s Managing Director, Gautam Rampuria, “JustCommodity’s deep domain knowledge of the edible oil space is both impressive and encouraging. I am confident they will meet all our present and future needs.”

The Singapore based soft commodity trading company, which does a bulk of its trades with India, has experienced growing trade volumes as the market moves from years of oversupply to the current tight supply and demand environment. The implementation of a CTRM solution will allow management of increased price volatility and risks.

“We are always looking to improve our delivery processes and the system is continuously evolving as we incorporate the best practices adopted by our customers worldwide,” said JustCommodity’s EVP Operations and Client Services, Ong Lay Kian, “With a projected implementation of 40 days, we expect this to be our fastest implementation to date.”

JustCommodity has been rapidly growing its client base across the Asia Pacific and has won numerous awards, most recently winning recognition in Deloitte’s Technology Fast 500 Asia Pacific awards. While it has largely been focused on the edible oil market, the company has also begun targeting and rolling out its solution to companies trading in grains and energy.

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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 Fortune 500 and Forbes Global 2000 companies. JustCommodity is a privately held company and is headquartered in Singapore.

For more information, visit www.justcommodity.com