RAPAPORT... YES Bank licensed Triple Point Technology's Commodity XL for Precious Metals(TM) software to manage its gold and silver bullion wholesale and retail distribution operations in India. YES Bank serves corporate and retail customers at more than 380 branches in 275 cities.
The software provides an enterprise solution to seamlessly manage all aspects of the precious metals supply chain at YES Bank, while supporting regulatory compliance, according to the companies. Commodity XL provides a real-time, enterprise-wide view of exposure and automatically generating compliance documentation for national or international trade.
Triple Point provides cloud and on-premise software and serves Diamond India, HDFC Bank, ICICI Bank, Karur Vysya Bank, Kotak Mahindra Bank, State Bank of India, Su-Raj Diamonds and the Indian Bullion Market Association (IBMA).