SOURCE: Triple Point Technology

Triple Point Technology

March 18, 2010 10:00 ET

Triple Point Senior Executive Leads Energy Risk Roundtable on System Requirements for Optimizing Risk Management

Examines Emerging Market Hazards, Critical New Requirements, and Integration Best Practices for Top-Tier Enterprise Risk Management Platforms

WESTPORT, CT--(Marketwire - March 18, 2010) - Triple Point Technology®, the leading provider of multi-market commodity and enterprise risk management software solutions, announced today that Douglas Daugherty, the company's vice president of gas technical services, will moderate a roundtable discussion of senior risk executives at Energy Risk Priorities 2010 in The Woodlands, Texas, March 23-24. Energy Risk Priorities 2010 is produced in cooperation with The Committee of Chief Risk Officers (CCRO), news publisher SNL Energy, and Energy Metro Desk magazine.

Daugherty's panel, "Optimizing Your Risk Management Backbone: System Priorities for 2010 and Beyond," will examine the critical new requirements and integration best practices for comprehensive enterprise risk management systems in today's increasingly volatile global energy and commodities markets.

Today's complex market conditions, including tighter credit, greater price volatility and exposure, and more stringent regulatory oversight, require market leaders to deploy comprehensive software solutions to manage all four areas of financial exposure -- market risk, operational risk, credit risk, and regulatory risk -- on a real-time, integrated platform.

"Attempting to manage enterprise risk with disparate systems and manual spreadsheets is a recipe for disaster for senior risk executives," said Daugherty. "Triple Point is pleased to advance the discussion about how sophisticated enterprise platforms like Commodity XL provide executives with the actionable business intelligence they require to make proactive decisions and gain competitive advantage in today's volatile markets."

Energy Risk Priorities 2010 is a unique forum of free-flowing roundtable discussions on current issues and solutions to evolving energy risk policy. Attendees include senior risk, credit, and compliance executives from key energy companies and counterparties such as Calpine, NRG Energy, WPS Energy, Constellation, ConocoPhillips, BP Energy, Amerex Brokers, Shell, J.P. Morgan, Midwest ISO, and ISO New England.

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, emissions, base and precious metals, agricultural products, chemicals, 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. Triple Point, headquartered in Westport, Connecticut, USA, was founded in 1993 and serves clients from eleven development and support centers located around the globe.

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