We had the opportunity to catch-up with iRely recently, visiting with Meetesh Shah, iRely’s president, and Greg Taylor, an experienced and well-respected CTRM executive serving on the company’s board of advisors. For those that may not be familiar with the company, iRely was founded in the early 2000’s as the technology provider for a global provider of tea and coffee. Though still owned by the founders, they have been an independent operation for many years and have grown into other asset classes and expanded their functional coverage both organically and via acquisition to cover virtually all ags/softs and some energy commodities as well, including fuels and propane. Functionally, the company’s flagship product, a relatively new and fully web-based application called i21, addresses virtually the entirety of the value chain in those covered commodities, including origination, processing, transportation, storage, trading, procurement, risk, contract management, CRM and accounting. Though founded in the US, with headquarters in Fort Wayne Indiana, their operations now span the globe with more than 130 employees in Europe and Asia/Pac from which they can provide their global customers 24×7 support. With more than 400 customers, including six new customers signed in the last 60 days, the company is… continue reading
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Source: CTRM Center