Triple Point to Showcase SAP Endorsed Commodity Management Solution at SAPPHIRE®
Only commodity trading and risk management software solution endorsed by SAP
Triple Point Technology, the leading global supplier of cross-industry commodity trading, risk management and logistics software platforms, will showcase Commodity Management, the only trading and risk management software solution endorsed by SAP AG, during the SAPPHIRE® 2008 Berlin conference - SAP`s premier business technology event.
Commodity Management utilizes best-of-breed components from both Triple Point and SAP - Triple Point`s SAP-endorsed Commodity SL™ and the SAP® ERP application - and optimizes profits across the commodities supply chain. The tightly integrated software is fully tested by SAP, eliminating the need for custom integration. It also delivers a common maintenance program and a common technology platform, providing the highest value at the least risk.
``While there are thousands of solutions available that have achieved Powered by SAP NetWeaver® status, Triple Point Commodity SL is one of 22 SAP-endorsed business solutions worldwide,`` stated Angie L. Halderman, senior director, SAP Global Ecosystem and Partner Group. ``More importantly, Triple Point Commodity SL represents the only such solution in the commodity trading and risk management software area.``
Since Triple Point Commodity SL became an SAP-endorsed business solution in the fourth quarter of 2007, five market-leading commodity companies, including ABB Grain, Engen Petroleum and CITGO Petroleum, have licensed Commodity Management.
``A growing number of global commodity and energy firms are realizing the uniqueness of the co-developed offering,`` said Peter F. Armstrong, president and CEO, Triple Point Technology. ``The market now expects a pre-integrated SAP solution that provides both the best functionality and business value - and we have the distinction of being the one company to meet this criterion.``
Where to find Triple Point at SAPPHIRE 2008 Berlin: Booth PI 2.7.
About Triple Point Technology, Inc.
Triple Point Technology is the leader in commodity and energy trading, risk management, scheduling and logistics software solutions. Triple Point Commodity XL profitably integrates physical and financial markets from the front-to-back office on a real-time, next-generation platform for all commodities, including power, oil, gas, coal, base and precious metals, agricultural products, biofuels and freight. Triple Point`s award-winning solutions are used by more than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies. Founded in 1993 and headquartered in Westport, Connecticut, USA, Triple Point serves clients from five development and support centers located around the globe. More information is available at www.tpt.com. |