Leading international aluminium trader, Tempo Global Resources, has gone live with Quor’s Fintrade Fast Start commodity management platform to help drive trading business growth.
LONDON – March 2023 – Quor Group (“Quor”), a leading provider of commodities, risk, and logistics management software, announces that Tempo Global Resources (TGR), a leading international aluminium trader, has gone live with its Fintrade Fast Start solution.
Tempo Global Resources (TGR) is an international leader in the trade of aluminium products, with business operations spanning sourcing and supply, risk management and supply chain management. Headquartered in Illinois, USA, the company sought a solution to drive efficiencies in its physical metal trading, logistics processes, and risk management implementation.
Quor’s ‘Fintrade Fast Start’ implementation methodology was implemented, which enables TGR to be up and running quickly with an ‘out of the box’ package of core functionalities, utilising pre-configured templates and pre-set data. Quor’s ‘Fintrade Fast Start’ approach does not require development work and offers much lower implementation costs to typical front-to-back commodity management platform deployments.
The initial phase of the project was scoping, which saw Quor’s team executing a deep dive into the needs of Tempo, gathering crucial information to ensure a clear understanding of the requirements were established for the implementation phase. During the implementation phase, testing was done before the go-live which made sure the phase was a success. The strong partnership and clear communication between Tempo and Quor’s teams was a key factor that contributed to the overall success of the project.
Ted Lehmann, Chief Financial Officer of Tempo Global Resources, says “The TGR team is excited to be a part of the Fintrade customer base. We look forward to the benefits of improved visibility into our P&L including logistics, warehouse, and inventory costs. The implementation of the Fintrade system was a great achievement and we look forward to growing our partnership with Quor”.
Tasja Botha, CEO of Quor Group, says, “We are absolutely delighted to now have Tempo join our group of long-standing Fintrade customers. Fintrade offers amongst the richest commodity management functionality in the market, especially in the areas of P&L management and cost-control, logistics and inventory management. We are currently speaking to several international physical metal traders, who are reassessing their IT landscape, driven by the macroeconomic climate and the increasing importance of ESG to support more efficient business practices. We are pleased that the project was a success, and I am looking forward to our ongoing partnership with Tempo”.