Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Triple Point Technology Inc. : YES Bank Selects Triple Point to Manage Bullion Business

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/19/2012 | 12:06pm CET
India's Fastest Growing Bank Chooses Commodity XL for Precious Metals

Pune, India (19 December, 2012) - Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that YES Bank has licensed its Commodity XL for Precious Metals™ software to manage gold and silver bullion wholesale and retail distribution operations.

YES Bank is one of the top five largest private sector banks in India, and has been recognized as India's fastest growing bank by several sources including Bloomberg UTV and Businessworld. The bank serves corporate and retail customers at over 380 branches in 275 cities.

YES Bank required a state-of-the-art enterprise solution to seamlessly manage all aspects of the precious metals supply chain while supporting extensive regulatory compliance requirements. The company selected Commodity XL for Precious Metals because it is the only end-to-end solution providing integrated management for supplier trading, inventory and consignment control, sales administration, and retail bank operations while delivering unparalleled compliance functionality. Commodity XL will help YES Bank meet domestic and international regulatory requirements by providing a real-time, enterprise-wide view of exposure and automatically generating compliance documentation.

Commodity XL for Precious Metals is the leading solution for the treasury bullion business, with more than 60 percent of all gold imported to India transacted through the solution. Triple Point bullion customers include Diamond India, HDFC Bank, ICICI Bank, Karur Vysya Bank, Kotak Mahindra Bank, State Bank of India, Su-Raj Diamonds, and the Indian Bullion Market Association (IBMA). For more information, visit tpt.com/precious-metals.

About Triple Point Technology
Triple Point Technology® is the leading global provider of cloud and on-premise Commodity Management software that delivers advanced analytics for optimizing end-to-end commodity and energy value chains. The company provides innovative solutions for managing all aspects of volatile commodity supply chains: trading, procurement, enterprise risk management, logistics, scheduling, storage/inventory, processing, settlement, and accounting. Over 400 customers in 35+ countries across industries including energy, metals, minerals, chemicals, agriculture, shipping, consumer products, food and beverage, retail, and manufacturing depend on Triple Point solutions. Triple Point was named a "Leader" in Gartner's ETRM Magic Quadrant in 2009, 2010, 2011, and 2012. The company employs over 800 staff in 14 offices and support centers worldwide. www.tpt.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
12:08aDJOil Search Revenue Lifted by Stronger Prices
12:07a GLANCY PRONGAY & MURRAY LLP : Files Securities Class Action Lawsuit Against Banc of California, Inc.
12:06a LG Display reports record fourth-quarter profits; panel prices seen rising further
12:06a Donald Trump in first full week as U.S. president
12:05a ENTERGY : Employees, Shareholders Raise $2.6 Million to Help Strengthen Communities through United Way
12:05a ITA INTERNATIONAL TRADE ADMINISTRATION : press release archive section
12:05a 1 PAGE : Final Director's Interest Notice - Mr. Bosch
12:05a 1 PAGE : Final Director's Interest Notice - Mr. Rueff
12:05a MICROMEM : Financing
12:05a Veritas Pharma Advances Fifth of Six Equal Payments to Cannevert Therapeutics Ltd.
Latest news
Advertisement
Hot News 
-2.72%AETNA : Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds
-3.10%PADDY POWER BETFAIR : to meet FY guidance on underlying strength
4.78%SILGAN : buys WestRock's speciality closures business
-2.17%U.S. auto parts sellers skid after report on Amazon's entry
3.94%Italy's Generali Buys Voting Rights Worth 3% of Intesa Sanpaolo Share Capital
Most Read News
06:06p LG Display reports record fourth-quarter profits; panel prices seen rising further
06:00p SIGMA PHARMACEUTICAL : Daily share buy-back notice - Appendix 3E
06:01p SUNCOKE ENERGY PARTNERS, L.P. : Declares Distribution Of $0.5940 Per Unit
06:00p AVISTA : Fourth Quarter 2016 Earnings Conference Call and Webcast Announced
06:01p ROWAN : Schedules 4th Quarter and Full Year 2016 Earnings Release Date and Conference Call
Most recommended articles
01/17DJS&P 500, Nasdaq Futures -- Technical Analysis
06:06p LG Display reports record fourth-quarter profits; panel prices seen rising further
05:55pDJU.S. Dollar Fell to More Than Two-Month Low
05:51pDJLIBERTY MEDIA : Chase Carey Replaces Formula One's Bernie Ecclestone as CEO
05:41pDJGRAIN HIGHLIGHTS : Top Stories of the Day