Triple Point Technology
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| Triple Point Technology | |
|---|---|
| Type | Private |
| Founded | 1993 |
| Headquarters | Westport, CT, USA |
| Key people | Peter Armstrong, CEO Paul D’Amico, COO |
| Industry | Commodity and Energy Trading and Risk Management Software Expertise |
| Website | www.tpt.com |
Triple Point Technology is a provider of commodity and energy trading and risk management software. Their software helps organizations manage the complex physical and financial market requirements for multiple commodities, including power, oil, gas, coal, metals, agricultural products, freight and biofuels.
Triple Point's solutions are used by the world’s leading commodity trading and energy companies including Hess Corporation, HETCO, Morgan Stanley, Preem, Valero, OMV, BPCL, ConocoPhillips, Petronas, Oxy, ITOCHU, Tennessee Valley Authority, ABB Grain and Glencore.
Founded in 1993, the company is privately held and is headquartered in Westport, Connecticut. Triple Point serves clients in Asia, Africa, Australia, Europe, North America and South America from development and support centers located in Houston, Texas; Westport, Connecticut; Miami, Florida; London, UK; Pune, India; Chennai, India; and Singapore.
[edit] Overview
Commodity and Energy Trading and Risk Management Software Leader
Our mission from Day One has been to provide the most advanced systems, tools and models to help clients profitably trade, manage risk, move and store commodities. Clients tell me that the commitment of Triple Point people is a major reason for doing business with us.
-Peter F. Armstrong, president and CEO, Triple Point Technology
Triple Point Technology is the leader in trading and risk management solutions for commodities including power, oil, gas, coal, metals, agricultural products, freight and biofuels. 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.
[edit] External links
- [1] Triple Point Technology website
[edit] References
- [2] Vasey, Gary M., Ph.D. UtiliPoint International 2007. "Changing Energy and Commodity Markets Create New ETRM Software Requirements"(PDF).
