I spoke to Joel Lou this morning, CEO of Singapore-based JustCommodity. JustCommodity has been in business around 10-years and has a strong track record for delivering its ContraXcentral CTRM solutions in particularly Asian markets in for commodities such as edible oils, grains and other soft commodities like rubber....
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With the recent acquisition by ION, it appears that the management team at Triple Point is quickly evolving. Peter Armstrong, the company’s founder and CEO, left when the deal with ION was done; soon after, Oni Chukwu, SVP and CFO was gone. Now it appears that Greg Taylor,...
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I had the chance to drop in on a SAS event this week and get a view of their latest technology around data visualization. Most of the market has been aware for some time of SAS’s ability to aggregate massive amounts of data from large number of sources,...
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While no press announcements have been forthcoming from either Triple Point or Ion, the acquisition of Triple Point by Ion Investments has been consummated. The Westport CT (home of Triple Point) newspaper says the deal was announced last Saturday (though you’d be hard pressed to find that announcement...
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EKA Software Solutions, with the recent announcement of their investment in Australia-based Matrix Group, has now built a base of products, personnel and revenues that has separated the company from the mid-tier physical-capable CTRM vendor pack and moved them into a select group of vendors – those with...
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The Securities and Exchange Commission voted today to allow hedge funds and other private investment firms to start publicly advertising for investor dollars, something that has been strictly off-limits since the 1930’s. With this change, firms will no longer have to limit their fund raising to direct contacts...
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While doing a bit of research for an upcoming ComTechAlert article, I was reviewing oil production stats for the US and was a bit surprised by the numbers. Much of the attention paid to the increasing crude production in the US is focused on the Bakken field in...
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Moody’s released their rating of the new debt being taken on in Ion’s acquisition of Triple Point…pretty much sealing this transaction as a done deal, even if not officially announced yet. Some interesting tid bits from the rating narrative: “The Caa1 Corporate Family Rating reflects Moody’s expectations for...
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A Commodity Technology Advisory ComTechAlert Article June 26, 2013 ComTech Advisory is beginning to pull together the granular analysis that is the foundation of our E/CTRM Technology Market Sizing Report due out in the next several weeks. In determining an estimate for market size, we examine not only...
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A Commodity Technology Advisory ComTechAlert Article June 26, 2013 ComTech Advisory is beginning to pull together the granular analysis that is the foundation of our E/CTRM Technology Market Sizing Report due out in the next several weeks. In determining an estimate for market size, we examine not only...
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