Empresas y finanzas

Triple Point Announces Commodity XL 6.0



    Triple Point Technology, Inc., the leading global supplier of
    cross-industry software platforms for the supply, trading, marketing,
    and movement of commodities, announced today the general availability
    of Commodity XL(TM) 6.0. In independent lab testing Commodity XL,
    already the highest performing ETRM system, demonstrated a 5X leap
    forward in performance.

    This record setting performance level enables the Triple Point
    solution to provide enterprise-wide functionality and granular
    decision support that is not available in competitive systems. The
    ability to handle much more data faster enables Commodity XL 6.0 to
    capture, make available and manage every detail of a trade, schedule,
    counter-party contract, etc. at the lowest level of granularity.

    "This is not an incremental improvement the engineering team has
    achieved with Commodity XL 6.0. We have set the bar for how systems
    will have to perform in the coming years," said Karan Renjen, vice
    president, engineering, Triple Point. "The huge amount of data
    required to manage a global operation and provide the best decision
    support will continue to grow exponentially over the years and the
    technical break-through we made in Commodity XL 6.0 will serve our
    customers well."

    The ability to "crunch" through larger sets of data create large
    business intelligence competitive advantages which can be seen in new
    functionality such as P&L attribution, risk coasters, hourly scalars
    and user defined forward price curve blocks. Also, the more granular
    processing of data supports our customers need for more and more
    complex deal structures; Commodity XL 6.0 includes new functionality
    for complex pricing formulas, the ability to view pricing details
    based on component details and custom payment events. In addition,
    advantages can be seen in the new globalization functionality in 6.0
    including real-time FX exposure for all trade types, normalization of
    price curves for different currencies and the ability to view the P&L
    in single or multiple currencies.

    "Trade volumes continue to grow at an astounding pace. Both NYMEX
    and ICE set records in 2006, and in January NYMEX passed, for the
    first time ever, 2 million contracts traded in a day," noted Mike
    Ravo, vice president, industry solutions, Triple Point. "With the
    rapid growth of volumes, performance becomes even more important. A
    major energy company recently tested Commodity XL 6.0 in its lab and
    was astounded by the performance. They haven't seen another system in
    the market that comes close to these performance levels."

    Commodity XL 6.0 has over 300 new functionality items across all
    areas of the system. For example, the power scheduling solution has an
    "intelligent" bookout wizard that analyzes open power positions and
    suggests bookouts. Commodity XL 6.0 enhances its leading edge support
    for compliance and control by adding data level security that enables
    the securing of data down to the lowest level.

    Commodity XL has been adopted by leading financial institutions,
    energy companies, softs organizations and commodity trading houses. It
    is the only true next-generation solution built specifically from the
    ground up for high-volume, complex transaction management
    organizations. Commodity XL meets all the requirements for trading in
    today's highly volatile environment: multi-commodity capabilities,
    real-time integration of physical and financial positions,
    comprehensive risk management and scalability. Comprised of a family
    of commodity-specific products that can be deployed alone or in
    seamless combination with each other, Commodity XL manages every
    aspect of global cross-industry supply, trading, marketing and
    logistics operations.

    About Triple Point Technology, Inc.

    Triple Point Technology is the leader in trading, risk management,
    scheduling and logistics solutions for commodities including power,
    oil, gas, coal, metals, agricultural products and freight. Triple
    Point Commodity XL profitably manages the complex, ever-changing
    requirements of physical and financial markets. Commodity XL
    integrates front-to-back office and delivers best-of-breed
    functionality for the supply, trading, marketing and movement of
    commodities on a single next-generation platform. Triple Point's
    real-time system helps customers of all sizes streamline trade
    processing, reduce transaction costs, maximize supply chain
    efficiencies, precisely measure and manage market risk, evaluate
    performance, and ensure regulatory and accounting compliance.