The eCOPS project upgrades and greatly expands the capabilities of the Commodity Operation and Processing System that has been used by the NYBOT business community for the last twelve years to control coffee and cocoa deliveries. The new system of electronic documentation is being designed for both cash and future market deliveries. The transformation to eCOPS has already brought important upgrades and new features to current COPS users.
"TRADEPAQ brings significant experience with coffee and cocoa delivery systems to their role as official eCOPS system integrators," said Paul Fisher, Special Consultant on eCOPS. "Working together, eCOPS and TRADEPAQ are offering a simple way for coffee and cocoa supply chain operators to save time and money by using standard industry XML documents on the Internet. The goal is to make eCOPS the most efficient and lowest cost provider of title registry and inventory management for the industry," he added.
TRADEPAQ is the leading provider of the supply chain execution, trade and risk management software required for global commerce. The company offers an innovative framework of solutions including contract management, compliance, exposure and risk analysis, logistics, document preparation, financial settlement, and trade chain collaboration. TRADEPAQ focuses on the needs of Global 2000 Enterprises, Logistics Service Providers, International Trade Banks, and Commodity Trading Organizations. TRADEPAQ is part of a twenty-five year old, three-company software group (CSI Complex Systems, ResQNet.com and TRADEPAQ). For more information, visit www.tradepaq.com and www.tradepaqtrm.com.
The New York Board of Trade (NYBOT) is the parent company of the Coffee, Sugar and Cocoa Exchange, Inc. (CSCE) and the New York Cotton Exchange (NYCE). Through its two exchanges and their subsidiaries and divisions, NYBOT offers an expanding range of agricultural, currency and index products. Information about the New York Board of Trade can be found at www.nybot.com.
