The leading global supplier of cross-industry commodity and energy trading, risk management and logistics software solutions, Triple Point Technology®, announced that to manage its commodities trading and risk operations, the eminent food processing and ocean transportation company, Seaboard Overseas Ltd, has selected Commodity XL for Agriculture™.

Employing more than 10,000 people worldwide, Seaboard Corporation has been in business for over 90 years. It is a Fortune 1000 company with net sales exceeding $2.6 billion annually. Seaboard is publicly traded on the American Stock Exchange under the symbol SEB.

Seaboard required, in an increasingly volatile agriculture market, better visibility into operations and a real-time view of risk. Enabling it to fully monitor, assess and mitigate operational and price risk, Commodity XL™ provides Seaboard with a single, integrated profile of all its physical and derivative transactions. Seaboard will use Commodity XL to track, measure and value, in real-time, the hedging, selling, buying, physical delivery, inventory tracking and invoicing of its agricultural commodities in Argentina, the Caribbean, South Africa and other major operational centers.

Executive vice president at Seaboard Overseas Ltd., Gail Cummings, stated: "We considered a number of options to provide us with the trading and risk management capability that we required.” He addeD: “Commodity XL has all the functionality to manage our operations and risk and in addition, we were impressed with the Triple Point team’s deep understanding of the agriculture market. In the end, this was an easy decision; Triple Point was the only company and solution that met our needs.”

Commodity XL meets all the requirements for trading in today's highly volatile environment: real-time integration of physical and financial positions, multi-commodity capabilities, comprehensive risk management and the most advanced architecture. Commodity XL, comprised of a family of commodity-specific products that can be deployed alone or in seamless combination with each other, manages every aspect of global cross-industry supply, trading, marketing and logistics operations.