After the collapse of the merchants, credit risk was the bogeyman of the energy sector. The collapse of Enron and other merchants really had the industry focused on credit and credit risk and looking for solutions. Around that time, a couple of vendors emerged in the form of...
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I had a briefing this week with InstaNext, a US-based provider of tech solutions for companies that trade, procure, produce or transform commodities. The company, in business about 3 years, has grown relatively quickly and includes in among their client roster a number of oil and gas producers,...
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TRADESPARENT Risk Management Solutions is a new software application created by the specialist consulting firm – Commodity Services & Solutions (CSS)- and based upon its experiences in commodity trading and financial markets. . In essence, TRADESPARENT comprises a set of data aggregation, risk integration, management and analysis software...
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TRADESPARENT Risk Management Solutions is a new software application created by the specialist consulting firm – Commodity Services & Solutions (CSS)- and based upon its experiences in commodity trading and financial markets. . In essence, TRADESPARENT comprises a set of data aggregation, risk integration, management and analysis software...
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While no press announcements have been forthcoming from either Triple Point or Ion, the acquisition of Triple Point by Ion Investments has been consummated. The Westport CT (home of Triple Point) newspaper says the deal was announced last Saturday (though you’d be hard pressed to find that announcement...
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EKA Software Solutions, with the recent announcement of their investment in Australia-based Matrix Group, has now built a base of products, personnel and revenues that has separated the company from the mid-tier physical-capable CTRM vendor pack and moved them into a select group of vendors – those with...
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Moody’s released their rating of the new debt being taken on in Ion’s acquisition of Triple Point…pretty much sealing this transaction as a done deal, even if not officially announced yet. Some interesting tid bits from the rating narrative: “The Caa1 Corporate Family Rating reflects Moody’s expectations for...
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Its being widely reported, both in the press and through the grapevine, that the buyer for Triple Point is ION Trading. ION is a Dublin-based software vendor whose products have been primarily focused on the financial services space. They have been an active buyer of solutions in the...
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As many know, there was a recent article in the press that said Triple Point’s owners, Welsh Carson, had put the company on the block, seeking to leverage the solid success the company has had over the last few years (20-30% year over year growth) into a very...
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