CHISHOLM Taps Triple Point to Manage Global Food Trading.Business Editors WESTPORT, Conn.--(BUSINESS WIRE)--April 25, 2001 Cross-Commodity Trading Technology to Be Deployed by Leading Agrifood Dealer of Meat, Dairy, and Food Ingredients Triple Point Technology, Inc. (www.tpt.com), the leading provider of enterprise-wide commodity trading software, has been selected by Ronald A. Chisholm Limited (CHISHOLM), international food merchants since 1938, to develop and deploy a software solution to manage global food trading. CHISHOLM, one of the world's leading independent agrifood dealers, provides a marketplace for both buyers and sellers of meat, dairy, and food ingredients worldwide. The Triple Point solution will allow CHISHOLM to capture its purchase and sale activities, automate its core business processes in finance, logistics and administration, and provide integration between its trading floor and back-office systems. The system will be deployed at CHISHOLM's Toronto headquarters and at regional trading centers around the globe. "CHISHOLM is the market maker for its clients. We take on all the risk inherent in the purchase and sale transactions with our suppliers and customers and provide logistics, finance and currency options, market opinion, research and information, " said Ronald M. Jones, CFO See Chief Financial Officer. , Ronald A. Chisholm Ltd. "The Triple Point trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. will put us at the forefront of technology usage to produce exceptional supply chain efficiencies for both our customers and suppliers, greatly enhance our delivery of customer service, and support our return on investment objectives in our global marketplace." Improving Efficiencies, Streamlining Operations TEMPEST 2000, Triple Point's industry-proven Windows-based commodities trading software, will be the core of the CHISHOLM food trading system. TEMPEST 2000 is an Internet-enabled, integrated front-to-back office trading system for the physical and derivative commodity markets. The system provides trade processing, real-time position management, profit/loss reporting, contract administration, physical scheduling, traffic and logistics support, automatic trade settlement, invoicing and financial operations, and customer credit analysis. "The winners in today's fiercely competitive global commodity trading markets will be those that adopt technology to streamline operations and improve efficiencies for themselves and their customers," said Peter F. Armstrong, president, Triple Point Technology, Inc. "We are proud of our ability to provide leaders like CHISHOLM with the tools to help their clients better manage the risks that directly affect their bottom lines." Triple Point's core trading technology has been adopted by leaders in global commodity markets as diverse as crude oil, refined products, electricity, energy derivatives Also known as energy trade, oil trade, gas trade, power trade. Major players include: Mitsui & Co. Energy Risk Management, major trading houses, oil companies, utilities, financial institutions. , lumber, oriented strand board Oriented strand board, or OSB, or waferboard, or Sterling board (UK), is an engineered wood product formed by layering strands (flakes) of wood in specific orientations. , aluminum, steel, grain, fertilizer, and chemicals. For CHISHOLM, the TEMPEST 2000 system will be enhanced to meet some of the specific requirements of CHISHOLM's trade in meat (including fresh chilled and frozen beef, pork, and poultry products), dairy and related products (including cheese, milk powders and blends, milk fats, functional milk proteins and nutraceutical nu·tra·ceu·ti·cal n. A food or naturally occurring food supplement thought to have a beneficial effect on human health. nutraceutical ingredients, whey whey liquid residue from milk after the removal of cheese curds in the manufacture of cheese. An excellent protein supplement but difficult to handle in the liquid form, except to pigs maintained close to the cheese factory. Dried whey is easy to handle but processing costs are high. derivatives, ice cream, and egg products), and food ingredient raw material markets. About Ronald A. Chisholm Limited Ronald A. Chisholm Limited (www.rachisholm.com), established in 1938, is one of the world's leading independent agrifood dealers, known in all of its global markets as both a superior supplier and customer. Its client base includes all major meat, dairy, and food ingredient producers, manufacturers, exporters, importers, and distributors located in all major markets around the world. Headquartered in Toronto, CHISHOLM has offices in Ottawa, Montreal, Washington D.C., Brussels, Moscow, and Seoul. CHISHOLM continues to explore and open new trade lanes to consistently offer the most international raw material purchase options to its customers and the most international sales opportunities to its suppliers. About Triple Point Technology, Inc. Triple Point Technology, Inc. provides fully-integrated commodities trading business systems to major oil companies, investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , utilities, power traders, metals traders, and other global commodity trading organizations. The company leverages technical, business, and trading expertise to help customers reengineer their business processes and develop efficient commodities trading solutions. Founded in 1993, Triple Point is headquartered in Westport, Connecticut Westport is a coastal town in Fairfield County, Connecticut, in the United States. The 2004 population estimate was 26,644. The town is as affluent as other expensive Fairfield County towns, boasting a per capita income of more than $70,000. and operates sales, support, and software development offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Houston, London, Louisville, and Singapore. Its clients include such leading worldwide trading enterprises as ARCO ar·co adv. & adj. Music With a bow. Used chiefly as a direction to indicate the resumption of bowing after a pizzicato passage. Adj. 1. Aluminum, Cinergy, Duke Energy Merchants, Koch Industries Koch Industries, Inc. (pronounced "koke") is a private corporation based in Wichita, Kansas. According to Forbes Magazine, it is the largest privately owned company in the world by revenue (surpassing Cargill in 2005 with the acquisition of Georgia-Pacific), with subsidiaries , Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. , Weyerhaeuser, Petrobras, Glencore, Noranda Aluminum, DSM 1. DSM - Data Structure Manager.An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. Hydrocarbons, Trafigura, and Williams Energy. |
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