The established leader in cross-industry commodity and energy trading, risk management, scheduling and logistics software solutions, Triple Point Technology®, announced that in order to gain greater visibility into operations, take advantage of fast moving commercial opportunities and maintain regulatory compliance, Vertical, ethanol and biofuels company, has chosen Triple Point Commodity XL for Biofuels™.

With operations in Rio de Janeiro, London, Houston, and Singapore, Vertical is based in Geneva. It is a partnership of the largest Brazilian independent ethanol and sugar producer and the world’s largest grower and processor of sugarcane, Cosan S.A. Indústria e Comércio. Delivering timely financial solutions to its suppliers and customers, vertical possesses specialist knowledge in cross-border funding structures and the management of financial risks in the context of emerging markets.

Along with energy companies, financial institutions and commodity trading houses, Commodity XL for Biofuels has been adopted by leading agriculture organizations and biofuel groups. Commodity XL for Biofuels enables clients to easily handle new complex trade types and derivative instruments, aggregate risk across multiple commodities, profitably hedge biofuel inputs and outputs, and combine physical and financial reporting. Users can view multiple commodity positions in real-time and monitor ancillary costs of commodity movements. By utilizing straight-through processing eliminating data re-entry and associated errors, integrating trading with scheduling and settlement, and managing all commodities in standard formats, Commodity XL for Biofuels streamlines operations.

Vertical, in addition to Commodity XL for Biofuels, selected Commodity XL PhysOps ‘Visual Cockpit’™ to manage its logistical operations. The product is a next-generation software solution for managing the logistical and financial complexities of waterborne and overland commodity shipments of bulk and packaged commodities. PhysOps ‘Visual Cockpit’ enables commodity manufacturers, refiners, producers, exporters, importers, distributors and global traders to move bulk and packaged commodities by sea-going truck, barge, vessel, railcar and pipeline. With PhysOps ‘Visual Cockpit’, global commodity traders can plan, conduct and optimize complex shipments, including those involving multiple cargos, suppliers and receivers, delivery points and border crossings.