Louis Dreyfus -Kencana Agri Joint Venture Firm Chooses JustCommodity to Manage Trading

Jan. 17, 2012 - PRLog -- Singapore (December 23, 2011) – JustCommodity Software Solutions, the leading solution provider of Commodity Trading and Risk Management (“CTRM”) software solutions, announced today that PT Dermaga Kencana Indonesia (“DKI”) has selected ContraXcentral™ to manage its trading and risk operations.

DKI is a joint venture between Louis Dreyfus Commodities Asia Pte Ltd., a subsidiary of commodity giant Louis Dreyfus Commodities Group (“LDCG”), and Singapore Exchange listed Kencana Agri Limited (SGX: F9M). Initially, the deal was entered into to allow Kencana Agri to leverage on LDCG’s substantial experience in commodities as well as its expertise as one of the top commodity port operators in the world – whilst LDCG was able to secure the land required and enjoy cost savings through the shared construction cost of the port facilities.

The company is witnessing growing trade volumes and the associated complexity of trades that follow. DKI also expects to commission a new refinery facility in Balikpapan by the end of 2012 which will also utilize JustCommodity’s ContraXcentral™ solution.

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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