SOURCE: Triple Point

Triple Point

February 25, 2009 12:07 ET

Triple Point Announces Commodity XL Management Dashboard 2.0

Business Intelligence Module Helps the C-Suite Quickly Measure Business Against Key Performance Indicators and Provides Strategic Decision Support

WESTPORT, CT--(Marketwire - February 25, 2009) - Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today the release of Commodity XL Management Dashboard™ 2.0.

Current market conditions including price volatility, tightening credit and increased regulatory oversight make it imperative that executives have reliable and real-time commodity management information at their fingertips to proactively govern operations and optimize decision-making.

"Commodity market participants recently ranked 'Reporting' and 'Data Management' as top critical business issues in our survey," said Patrick Reames, vice president, trading & risk management at CommodityPoint, a division of UtiliPoint International Inc. "With its farsighted development of Management Dashboard, Triple Point continually impresses with its ability to introduce new products and functionality that proactively address the evolving needs of its market and clients."

Triple Point's Commodity XL Management Dashboard provides decision makers with the ability to read the pulse of the organization across customizable, key performance indicators (KPIs). In addition to supplying up-to-the-minute information on portfolio values, cash flow trends and trading positions and performance, Management Dashboard 2.0 helps executives manage key areas of enterprise exposure: market risk, counterparty credit risk, operational risk and regulatory risk. Even complex areas including exposure by credit rating, regulatory requirements for hedge accounting and fair value disclosure are easily managed with Management Dashboard's elegant and visual presentation of KPIs.

Key Benefits:

-- Improve bottom-line results

-- Gain real-time visibility into KPIs for enhanced decision-making

-- Streamline critical business intelligence to a single screen

"When we show Management Dashboard to executives, they see the value instantly," said Carlos Lebrija, VP, solution development, Triple Point. "It presents a clear view of the company's position, risk and performance through easily-measured KPIs and provides executives with the critical decision support they need to improve the bottom line."

Management Dashboard is an add-on module of Triple Point's, Commodity XL™, the leading multi-market commodity and enterprise risk management solution that meets all of the requirements for supply, trading, marketing, logistics, scheduling, risk management and accounting in today's volatile and complex environment: multi-commodity management, business intelligence and analysis tools for proactive decision-making, real-time integration of physical and financial positions, advanced service-oriented architecture (SOA) and comprehensive enterprise risk management covering the four key areas of corporate financial exposure: operational risk, market/price risk, counterparty credit risk and corporate governance and regulatory compliance risk (FAS 133/IAS 39 and FAS 157/IFRS 7).

About Triple Point Technology

Triple Point Technology® is the leading global provider of multi-market commodity and enterprise risk management software solutions. Triple Point's Commodity XL profitably integrates physical and financial markets on a real-time, service-oriented architecture (SOA) platform for commodities including power, oil, gas, coal, base and precious metals, agricultural products, biofuels and freight. In addition to Triple Point's award-winning commodity and energy trading software being used by more than 25 percent of both Global 500 commodity trading and Global 500 energy companies, other organizations with large raw material and energy exposure, including consumer products (CP), discrete manufacturers and big box retailers, are quickly adopting the Triple Point solution. Named to the Deloitte Technology Fast 50 for ten straight years, Triple Point added to its record-breaking organic growth in 2008 with the acquisitions of INSSINC, the leading provider of hedge accounting and fair value level software and ROME Corporation, the industry leader in credit risk software solutions. Triple Point, headquartered in Westport, Connecticut, USA, was founded in 1993 and serves clients from nine development and support centers located around the globe. More information is available at

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