Home » In The Media

Agiboo in the media

Agiblocks is gaining more and more attention from general and specialized media, industry analysts and reviewers. This page links to a variety of publications, showing what is being said and written about our product and our company. We will also be increasing our exposure through sponsorships of relevant events and through partnerships with leading publications in the commodity industry.

EY publishes the new Commodity Trading and Risk Management Systems Overview

Posted by Jan van den Brom
Comments Off on EY publishes the new Commodity Trading and Risk Management Systems Overview

CTRM systems are crucial when it comes to handling the life cycle of a physical commodity transaction that carries all manner of risk with it. A transaction needs to be overseen and managed from its initial execution through to its final settlement. CTRM systems have been at the forefront of front, middle and back-office desks. They assist and enable market participants to follow up and hedge against market price movements, monitor their credit risks and obtain an overall view of the numerous other factors that affect their trading portfolio. The choice of a CTRM system should be an informed and practical one. EY is at the forefront of the latest developments in the commodity and technology industries, and EY has dedicated commodity centers of excellence worldwide supporting CTRM projects.
 
Today EY has published the latest Commodity Trading and Risk Management Systems Overview. Agiboo is proud to be listed as well as supportive to the initiative. Please feel free to download it directly from the EY website. Download.
 
 

AGIBOO participates in software development partner Xplicity

Posted by Jan van den Brom
Comments Off on AGIBOO participates in software development partner Xplicity

AGIBOO participates in software development partner Xplicity
 
Kaunas, Almere – March 1, 2019
 
For immediate release
 
AGIBOO, the provider of AGIBLOCKS Commodity Trade and Risk Management (CTRM), today announced that it has confirmed the strategic partnership with Xplicity, a leading Lithuanian software development company, by acquiring a 50 % ownership.
 
“AGIBOO’s unique value is the combination of state-of-the-art technology with agricultural trade and supply chain domain knowledge. We experience significant growth and appreciation for our CTRM solution and services.” said Bart Kroon, CEO of AGIBOO. “The AGIBLOCKS CTRM software is a strategic asset for our customers which enables their growth and profitability. We aim to enhance the functionality and quality of our product continuously supporting our clients in their pace to digitalize their trade management, risk management and supply chain”. Our enthusiasm to work with Xplicity is driven by their ability to provide the right development qualifications, domain knowledge and experience.
 
“Xplicity has proven to be a reliable software development partner for many clients. We have a co-creation attitude and our employees and client retention history confirms that we create valuable co-development relationships” said Gerhard van der Zwan, co-founder of Xplicity. “It is our aim to further leverage on the domain knowledge we have gained over the last 14 years to the benefit of both our clients and our employees. We believe the Agri business domain is on the forefront of a digitalization revolution and Xplicity can contribute and bring long term value to multiple clients in different parts of the trade and supply chains. We are excited to team up with AGIBOO to leverage the vision, experience and relationships to strengthen our knowledge base and to accelerate our growth.
 
About Xplicity:
Xplicity, headquartered in Kaunas Lithuania, is a Dutch-Lithuanian Software Development Company. For more than 14 years we help numerous small to medium-sized companies around the world to bring their visions to life. Our proposition is to leverage the combination of technology and business domain knowledge. We engage with our clients throughout the full development and/or product lifecycle. The software development expertise and capacity we deliver is committed to our client’s long-term success. Xplicity gained significant domain expertise in amongst others Virtual Desktop Management, Logistics, Trade Technologies & Agri Supply Chain.
 
About Agiboo:
AGIBOO, headquartered in Almere the Netherlands, provides commodity trade / purchase and risk management solutions for the soft- and agricultural commodity market. AGIBLOCKS, the CTRM software provided by AGIBOO enables business to successfully manage commodity trade and risk management. It is a truly revolutionary CTRM solution for commodity purchasers, brokers, traders and commodity industries. The unique value proposition of AGIBLOCKS is the functional diversification (modularity, configurability), the scalability, the flexible integration possibilities (with third party accounting, ERP and/or trade systems), the user friendliness and the versatility in availability (regular and mobile platforms).
 
 

 

CTRMCenter: Agiboo enjoying good demand for Agiblocks amidst industry

Posted by Jan van den Brom
Comments Off on CTRMCenter: Agiboo enjoying good demand for Agiblocks amidst industry

Article by Gary Vasey – CTRMCenter: https://www.ctrmcenter.com/blog/ags/agiboo-enjoying-good-demand-for-agiblocks-amidst-industry-change/

 
Just before heading to Essen for E-World last week, I had a briefing call with co-founder and Managing Partner, Mr. Jan van den Brom, and CEO, Mr. Bart Kroon, of Agiboo. It had been quite a while since we had last spoken, and it seems that Agiboo has been extraordinarily busy during that period. We started by going through a number of new wins that included,
Currently implementing at a German Cocoa company where Agiboo is replacing a legacy solution. The customer required some specific functionality which was developed in coordination with the customer,
Implementing initially for Cocoa for a US-headquartered trader of rice, grains, by-products, and other agricultural products worldwide again replacing another poorly implemented commercial solution in the process,
 
Implementing for Coffee at a UK Coffee company where Agiboo is replacing another solution that was incompletely implemented and Excel,
Implementing for Cocoa at one of the larger independent Cocoa traders in the world,
Recently signed a Dutch Cocoa company and will start implementation next month,
Recently signed a major grains and oilseed cooperative in South Africa, among several others.
 
Agiboo decided to focus in on Coffee, Cocoa and Sugar a couple of years ago and believes they have now developed very specific and fully functional targeted solutions for these commodities. “Most CTRM’s are very broad-based and don’t cover the specifics,” Mr. Kroon told me. “We are seeing a high failure rate for these general CTRM’s and many are moving to replace.”
 
Mr. Kroon sees a lot of semi-implemented solutions in the space where the detailed fit to requirements is lacking and there is still a reliance on supplemental spreadsheets. Yet another trend is the replacement of legacy solutions built and implemented years ago, he told me, and in this instance, it is often driven by changed banking requirements. The changing needs of stakeholders driving CTRM turnover and replacement are something that ComTech has pointed to over the past couple of years in particular. However, Mr. Kroon emphasized that the banking environment has changed, and today’s banks’ risk profile has changed considerably. However, put simply, banks don’t trust Excel.