Communicating With Clients
New Informative Webinar Series for 2006
Triple Point kicked off a schedule of
informative Webinars in 2006. Starting in
February and ending in October, a variety of
timely, informative topics were presented.
February 2006 kicked off the series with "The Good, The Bad and The Ugly of
Regulatory Matters," featuring industry
expert Gary M. Vasey, Ph.D., vice president,
Europe, UtiliPoint International and Triple
Point experts.
New regulations such as Sarbanes-Oxley
and FAS 133 necessitate increased emphasis
on credit and risk management procedures.
Many companies are now reviewing their
current practices and controls.
This informative session concentrated on
the requirements of current regulations and
presented solutions and systems for
efficiently running a business in this
environment. Attendees gained a practical
understanding of each regulation, key
problems, potential consequences for noncompliance
and real-world solutions.
Topics discussed in-depth included
Sarbanes-Oxley, FAS133, S&P Risk and the
various costs of non-compliance. |
| |
March 2006 continued the series with "Risk
Management is the Key to Success: Assess,
Manage and Mitigate Better than
Competitors," which again featured Gary M.
Vasey, Ph.D., UtiliPoint
International and Triple
Point's Michael
Schwartz, chief
marketing officer. |
|
Risk is a part of
almost every single
business segment:
price, supply, liquidity,
credit, regulatory and
operations.
At the heart of risk
management is the
need for real-time
information and transparency across all
business departments. For most companies
this is more like a dream than a reality.
Companies need to implement a solution
that assesses, manages and mitigates risk.
Enterprise risk management is a process that
identifies, quantifies and controls the risks it
faces across the enterprise within an
established risk tolerance—the solution that doesn't have to be a dream. |
| |
"An ETRM System is the Key to Trading &
Risk Management" was presented in April by
guest speaker Josh Gray, Ph.D., vice
president, FEA and Ted
Kainer, sales engineer,
Triple Point.
Energy volatility, global
increase in demand and
stringent regulations
have created the need
for implementing better
business practices.
To thrive in today's
fast-paced commodity
markets, companies
need access to real-time
information on an
integrated ETRM platform that eliminates data
silos, facilitates risk management across
departments and provides immediate access
to the information required for informed
decision making. |
|
| |
In September, "Natural Gas - The Solution
You Need to Trade, Manage Risk and Operate
Better Than Competitors" was presented by
Patrick Reames, vice president, energy
trading & risk
management, UtiliPoint
International and Doug
Daugherty, vice
president, engineering,
Triple Point. |
 |
The challenges for
trading and physical
movement of natural
gas—the complex deal
structures, unique
pipeline requirements,
multiple regulatory
bodies and acute
volatility were
discussed.
Companies need systems that allow for a
single point of data entry, a single point of
information, a portfolio view of business,
clear control and execution, reduced risk,
centralized reporting and reduced costs.
These factors are key to gain the competitive
advantage.
The Webinar then outlined the "must
haves" to look for in an ETRM system. Finally,
participants were able to see a live demo of
Triple Point's Gas Scheduling 'Visual
Cockpit'™—the industry's leading solution. |
|
|
