Wednesday, June 16th, 2010
Commodity Trader Chooses Robust, Scalable Application to Give Control Back to Users

IRVINE, CA--(Marketwire) - Thunderhead, recognized innovators in multi-channel communications solutions, today announced that Trafigura has selected the Thunderhead NOW platform to streamline the creation and delivery of trade confirmations, invoicing and other documentation.

With a 2009 turnover of US $47.3 billion, Trafigura is a leading independent commodity trader, and has diversified into asset management. In the oil sector, the company has access to over 45 million barrels of storage facilities. Trafigura owns and operates mines in Peru and various concentrate storage facilities in Africa, China and South America. Trafigura also owns LME approved warehouse facilities in Asia, Europe and America.

Trafigura selected Thunderhead NOW to return control to business users in the critical area of trade documentation generation. The company will be able to improve its documentation generation process, while retaining consistency and speed and, crucially, reducing dependence on IT.

"We needed rigid control over confirmations and invoicing and chose Thunderhead because it would give control back to our users. Thunderhead NOW does one thing, and does it extremely well. It's a proven, highly regarded product in the finance industry," said Dr. Mike Davies (CIO) Trafigura.

"We are delighted that Trafigura chose Thunderhead," said Thunderhead CEO Glen Manchester. "Thunderhead NOW will not only give Trafigura essential control over its trade confirmation and invoicing, but also enable it to scale its business without having to scale IT, ramping up efficiencies to achieve significant cost savings."

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Trafigura is one of the world's leading international commodity traders, specializing in the oil, minerals and metals market, with 67 offices in 44 countries in Europe, Africa, Asia, Australia, and North, Central and South America. Its principal corporate offices are in Amsterdam, London and Lucerne.

Trafigura's primary trading businesses are the supply and transport of crude oil, petroleum products, renewable energies, non-ferrous concentrates and refined metals.

It is the world's second largest independent non-ferrous trading company and the third largest independent oil trader.

Founded in 1993, the company is owned by its founding shareholders and senior management. It has achieved substantial growth in the last five years, growing turnover from US $18 billion in 2004 to US $47 billion in 2009.
LEWIS PR Brittney Wolff / Katie Eakins
P: 619-677-2700


Thunderhead's innovative software platform, Thunderhead NOW, enables companies to transform their client communications, improving efficiency and reducing risk.

Thunderhead NOW empowers business users to own the end-to-end process of creating and maintaining customer communications and delivers significant efficiencies and cost savings.

Due to its unique combination of business user control, open standards-based architecture and broad enterprise capabilities, Thunderhead has quickly become established as a clear market leader and is one of the fastest-growing software companies in the world. The company counts many of the world's leading private and public sector organizations as customers, and services its global customer base from offices in North America, Europe and Asia Pacific.

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Thunderhead NOW platform to streamline the creation and delivery of trade confirmations, invoicing and other documentation.



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