Nearshore Americas
FacebookXRedditPinterestEmailLinkedIn
News Briefs

Triple Point Opens Latin America Office in Rio

Narayan Ammachchi
February 22, 2013
Add comment

BY STAFF REPORT

Commodity management software vendor Triple Point Technology has opened an office in Rio de Janeiro, Brazil.

Triple Point already has several customers in the region and most of them are industry giants. Its clientele includes Petrobras (Brazil), Vale (Brazil), NORSUL (Brazil), Navieras Ultragas Limitada (Chile), Anglo American PLC (Brazil), Mercon Coffee Group (Guatemala), Peñoles (Mexico), and Samarco (Brazil).

“Latin America has always been an important market to Triple Point, with Petrobras first becoming a customer back in 2000,” said Peter F. Armstrong, chief executive officer of the software company.

The vendor’s arrival in Latin America was overdue, as the region has become a major supplier of commodities to China.

“More and more companies across Latin America are realizing that today’s volatile business environment can only be managed effectively with an advanced commodity management solution,”Armstrong said.

Sign up for our Nearshore Americas newsletter:

Triple Point stated in a press release that its solutions help companies manage all aspects of commodity supply chains: trading, procurement, enterprise risk management, logistics, scheduling, storage/inventory, processing, settlement, and accounting.

Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.

View all posts

Add comment

You may also like

LatAm property prices

LatAm Property Prices Surge Led by Colombia and Mexico

Property prices are rising steadily in most Latin American countries, with Colombia and Mexico showing strong growth over the past 12 months. According to Knight Frank’s Global House Price Index, this growth isRead more

Dominican Republic

Dominican Republic Richer than Brazil and Mexico

The Dominican Republic (DR) has risen to become the seventh wealthiest nation in Latin America and the Caribbean, overtaking larger economies like Brazil and Mexico. The country’s GDP per capita, measured inRead more

Belize Considering Ending Income Tax

The government of Belize is considering the possibility of eliminating income tax as a means of attracting foreign investment. This announcement follows the government’s recent decision to raise the income taxRead more

Topics