Triple Point launches Commodity XL for Biofuels and Commodity XL Xchange

Triple Point Technology, a supplier of software platforms for the supply, trading, marketing and movement of commodities, has released Commodity XL for Biofuels. The platform is intended to address the rapidly escalating global market for renewable energy fuels and their feedstocks.

Commodity XL for Biofuels enables clients to profitably hedge biofuel inputs and outputs, aggregate risk across multiple commodities, handle new, complex trade types and derivative instruments, and combine physical and financial reporting.

Users can view multiple commodity positions in real-time and monitor ancillary costs of commodity movements. Commodity XL for Biofuels uses straight-through processing, integrating trading with scheduling and settlement, and manages all commodities in standard

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