Triple Point Launches Commodity Trading Software

August 23, 2001( - Triple Point Technology, Inc. a provider of commodity trading software and services has launched Tempest XL risk and trade management software.

The trading system streamlines the transaction processing, from analysis and deal capture to physical scheduling, inventory management, and financial settlement in the back-office.

Tempest XL, the successor product to the company’s TEMPEST 2000 system, offers:

  • processing of extremely large transaction volumes,
  • XML messaging for open access and easy integration,
  • advanced risk management and analytical processes,
  • Internet connectivity, and
  • multi-commodity support.

The system also enables traders to measure, monitor and control their physical and paper trade activity in the commodity markets with tools for stress testing, portfolio sensitivity analysis and dollar shift.