"Triple Point’s solution integrates physical positions to show freight dependencies with freight hedges, enabling shipping companies to more profitably hedge tanker positions and enter the global freight forward market. Among its many other capabilities, the Triple Point system’s sophisticated risk management capabilities identify areas of risk involving physical freight routes."

Catch the Wave in Freight Derivatives Growth with Software that Smoothes the Ride, The Baltic

Click here to read the article.

Commodity and Energy Trading and Risk Management News Room - 2007

20 December 2007 Triple Point Wins Fourth Consecutive Quality & Innovation Prize for Trading and Risk Management Software Recognition tied to groundbreaking advancements in business intelligence and decision support through newly released Commodity XL 6.0 and Management Dashboard™

11 December 2007 Triple Point Technology's Commodity Trading and Risk Software System Becomes a SAP-Endorsed Business Solution Commodity Management solution - which includes tightly integrated, best-of-breed software applications from Triple Point and SAP - selected by three market leaders in last two months

30 November 2007 Tennessee Valley Authority Licenses Triple Point Commodity Trading Software Nation's largest public power company chooses Triple Point's power and gas trading and risk management software

21 November 2007 Engen Petroleum Selects SAP-Endorsed Commodity Management Solution by Triple Point Technology Third market leader to license co-developed solution in the last two months

6 November 2007 Structure and Triple Point Team Up at ArcLight Energy Management for Rapid ETRM Deployment Cooperative efforts of energy trading company, consulting organization, and software vendor result in major energy trading and risk system deployment in less than nine weeks

5 November 2007 ArcLight Energy Marketing Selects Triple Point for Gas and Power Trading, Risk Management and Scheduling Triple Point's unique, multi-commodity solution is the only one that can handle all gas and power requirements on a common platform

22 October 2007 Triple Point Technology Named to Deloitte's Technology Fast 50 Leading commodity trading and risk management software provider wins for 10th year in a row

18 October 2007 BG Group Deploys Triple Point for Power and Gas Trading and Risk Management Proprietary Triple Point Quick Start program enabled deployment in less than 8 weeks

10 September 2007 Triple Point Technology Acquires CoralGrid Software Expands global footprint by adding leading precious metals software provider

7 September 2007 Triple Point Executive to Present at Asia's Leading Energy Forum Triple Point chief marketing officer, Michael Schwartz, to speak at Asia-Pacific Petroleum Conference (APPEC 2007) on September 13 in Singapore

7 August 2007 Highland Energy Selects Triple Point for Power and Gas Trading, Risk Management and Power Scheduling Capitalizes on Triple Point's Quick Start program to go from contract signing to full deployment in twelve weeks

12 July 2007 Triple Point Announces Commodity XL Management Dashboard Business intelligence module mines trading, risk and supply chain data to provide unique, insightful analysis for better management decision making

2 July 2007 Triple Point Announces General Availability of Commodity XL for Biofuels Biofuel organizations rapidly adopting system due to Triple Point's incomparable experience and leadership position in both agricultural and energy trading solutions

28 June 2007 Triple Point Announces Commodity XL Xchange Seamlessly integrates trade execution with leading commodity exchanges, optimizing straight-through processing

8 May 2007 K. Oni Chukwu Named as Chief Financial Officer Addition of seasoned CFO rounds out experienced Triple Point management team committed to rapid, sustained worldwide growth

10 April 2007 Triple Point Wins Gold Award for 'Excellence in Energy Technology' Joined by fellow category winners Morgan Stanley, Gaselys and BNP Paribas in earning top recognition from industry voters

4 April 2007 Triple Point Names Anand Veerkar as President, Asia Operations Hired to support continued rapid growth throughout Asia

29 March 2007 Triple Point and SAP Showcase Joint Trading, Risk Management and Scheduling Solutions for European Prospects More than 40 major European energy and commodity market participants join the London event

28 March 2007 Triple Point Highlights Expansion of European Solutions, Resources to World-Class Client Base at Annual User's Conference Triple Point engages clients in interactive, cutting edge sessions and demos

7 February 2007 Triple Point Announces Commodity XL 6.0 Achieves unprecedented record setting 5X performance improvement

Click Here for Prior Year