Commodity XL for Precious Metals - Triple Point Technology

TRIPLE POINT TECHNOLOGY, INC. | 301 RIVERSIDE AVENUE | WESTPORT, CT 06880 USA | 1.203.291.7979 | 1.203.291.7977 FAX | TPT.COM

enterprise and retail precious Metals ManageMent

Commodity XL for Precious Metals™ is Triple Point’s integrated, real-time solution for effectively managing both the enterprise and retail precious metals markets on a single platform.

Key Business Benefits

Leverage Integration ■■

Presents an integrated approach to physicals, forwards and loans and provides seamless integration between supplier trades and retail bank operations

Sophisticated Inventory Management ■■

Manage inventory from central consignment to point-of-sale, tracking sales and performance

Reduce Financial Risk ■■

Commodity XL for Precious Metals improves strategic decision making and monitors exposure and margins in real-time providing an enterprise-wide view of exposure

Increase Transparency ■■

Deliver accurate and timely reporting to regulators and agencies

Key Features

enterprise

Commodity XL for Precious Metals caters to the treasury bullion business and presents an inte-grated approach to physicals, forwards and loans. It monitors client exposure and margins in real-time and supports a robust risk management and regu-latory compliance program.

Support forwards trading with customers / supplier■■ including tracking individual trade confirmation, SWAPS, trade cancellation and P&L settlement

THE ENTERPRISE AND RETAIL PRECIOUS METALS SOLUTION

commodity Xl for precious Metals

“As the global demand for precious metals increases, organizations are well-served to employ a system that operates in real-time, integrates trading and logistics and supports robust risk management and compliance. Triple Point’s Commodity XL for Precious Metals™ provides such a solution for both the enterprise and retail precious metals markets.”

—Mike Ravo, vice president, industry solutions, Triple Point Technology

TRIPLE POINT FACT SHEET

Commodity XL for Precious Metals is based on “METAGRID”— mature, market-proven technology obtained in Triple Point's acquisition of CoralGrid


Commodity XL for Precious Metals fully supports ■■

the bullion business allowing you to procure bullion stock on a consignment basis from international suppliers and manage inventory. In addition, you may manage bullion deliveries to customers on unfix, loan or outright basis and for domestic or export purposes. Provide 2-way pricing of bullion (sale/purchase) for pricing or repayment of unfix, loans or outright pricing.

Manage all positions■■ (NTP as well as forward mismatches) in various currencies XAU, XAG, INR, etc.

Support NTP and FX gap limit monitoring■■ to help manage the risk associated with trading and forward positions

Model comprehensive Mark-to-Market exposure■■ including loans, unfix, forwards, export performance margins, deliveries against pay orders, etc.

Manage credit risk■■ resulting from various exposures: unfix, loans, forwards, etc.

Generate transaction & regulatory compliance ■■

documentation including consignment clearance documents and regulatory returns

Configure profile / role management■■ of users and access privileges

RETAIL

Commodity XL is the only software solution that provides seamless integration between supplier trading and retail bank operations, sophisticated inventory management from central consignment to point-of-sale, tracking sales and sales performance.

Retail Metal Logistics ■■

Manage consignment functions through treasury module, utilize multiple transfer methods including retail, branch-to-branch and interstate and view granularity of stock holding by category and supplier

Retail Branch Management ■■

Clearly segregate responsibility and control between treasury and retail, maintain distinct pool accounts with treasury for routing transactions in coins and no recovery of sales tax/VAT from internal retail branches from treasury

“Commodity XL for Precious Metals™ covers to a large extent the entire spectrum of bullion operations including order management, deals and deliveries, loans, stock management and regulatory reports. Functionality and information flow provided by Commodity XL for Precious Metals adds operational efficiency to our business.” — Narendra Gupta, head, commodities trading, ICICI Bank

Commodity XL for Precious Metals manages all aspects of precious metals trading for both retail and enterprise


Pricing ■■

Treasury quotes are all-India pre-sales tax/VAT price, retail specifies mark-up percent applicable for retail branches and discount structures for each branch, customer type and volume specifications for an applicable date range

Retail Interface ■■

Allow discounts by customer type, support transactions with current clients and new clients, capture data at branch level including client particulars, metal type and discount percent, assign authorization levels based on transaction and discount percent, offers flexibility to book sale and deliver later pending customer check clearance, freeze treasury transfer price for each sale or cancellation

Accounting for Retail Sales ■■

Provide comprehensive accounting entries across multiple accounts for each branch transaction including customer/internal office account, inter-branch account (as per treasury quote), retail commission account (defined at branch level) and sales tax account (defined at branch level)

about triple point technology, inc.

Triple Point Technology® is the established leader in trading, risk management, scheduling and logistics solutions for commodities including power, oil, natural gas, coal, metals, agriculture, biofuels and freight. Triple Point Commodity XL profitably manages the complex, ever-changing requirements of physical and financial markets. Commodity XL integrates front- to back-office and delivers best-of-breed functionality for the supply, trading, marketing and movement of commodities on a single, next-generation platform. Triple Point’s real-time system helps customers of all sizes streamline trade processing, reduce transaction costs, maximize supply chain efficiencies, precisely measure and manage market risk, evaluate performance and ensure regulatory and accounting compliance.

Named Software House of the Year by Energy Risk, Triple Point’s award winning solutions are used by more than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies including Hess, HETCO, Morgan Stanley, Preem, Valero, OMV, BPCL, ConocoPhillips, Petronas, Oxy, CITGO, Commerce Energy, ITOCHU and Glencore. Founded in 1993 and headquartered in Westport, Connecticut, USA, Triple Point serves clients in Asia, Africa, Australia, Europe, North America and South America from its seven development and support centers strategically located around the world. More information is available at www.tpt.com.

“Commodity XL for Precious Metals™ is the only software solution that provides sophisticated inventory management from central consignment to point-of-sale, detailed regulatory reporting and an integrated approach to physicals, forwards and loans.”

— Michael Schwartz, chief marketing officer, Triple Point Technology

Documents

Commodity XL for Precious Metals - Triple Point Technology