Case Studies

COFCO International Selects Quantifi to Support Global Commodities Operations

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COFCO International is the overseas agriculture business platform for COFCO Corporation, China's largest food and agriculture company. COFCO International is focused on being a leader in the global grains, oilseeds and sugar supply chains, with assets across the Americas, Europe and Asia-Pacific. COFCO International trades with more than 50 nations, handling over 100 million tonnes of related commodities with revenues of $31bn (figures from 2019).

Requirements

To support its growth strategy, COFCO International sought a fully integrated, scalable, flexible and functionally rich solution that would enable it to better manage counterparty risk and enhance process efficiencies across its  global operations. Rather than build a solution, senior management decided that investing in an external solution would be more suitable to support their growth plans and more cost-effective.

Selection Process

COFCO International conducted an extensive review to select the right system. The process involved a detailed request for proposal and workshops. Following months of due diligence, COFCO International selected Quantifi as its enterprise credit risk solution based on its comprehensive functionality and advanced technology.


 

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"With the seamless implementation of Quantifi, COFCO International is able to manage its risk with more accuracy and realise meaningful operational efficiencies . With Quantifi, COFCO International is better equipped to mitigate and manage risk."

 


 

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