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CTRM Acquisition Activity is Red Hot

Filed under: Software, Energy, Commodities, Infrastructure, General, Risk ManagementPatrick Reames | January 19, 2010 @ 12:40 pm (Views: 451)

The landscape of CTRM vendors is changing rapidly. Within minutes of each other this morning, Triple Point and OpenLink both announced new acquisitions that expand their functionality and product footprints. A quick overview of each…

Triple Point, following their acquisition of Softmar last week, just announced that it has acquired Enerbility Software GmbH. According to Triple Point’s new release, “the acquisition extends Triple Point's straight-through processing capability to connect European energy traders with suppliers and customers from trade execution to cash settlement.” Enerbility was founded in 2004 and is focused on automating what are primarily back-office processes in the energy trading industry. Enerbility, based in Vienna Austria, brings with it a number of high-profile clients including Alpiq AG, E.ON, Statkraft, Verbund APT, BKW FMB, and Vattenfall Energy Trading Netherlands NV (formerly N.V. Nuon).

Within minutes of the Triple Point announcment, OpenLink announced their acquisition of dbc SMARTsoftware, Inc., (”dbc”), a global provider of software solutions for the agricultural, biofuel and soft commodity industries.

With this acquisition, Open Link expands their capabilities in the agricultural commodity and products space, in addition to chemicals, softs and fuels, as dbc develops and markets SMARTsoft, a software solution suite for producers, processors, manufacturers and traders who buy, sell, hedge, warehouse, merchandise, export, and transform commodities into value-added products and by-products for distribution. According to the company’s press release, the dbc brings “hundreds of installations in sixteen countries”.

CommodityPoint will be examining the impact of these acquisitions on the broader CTRM markets in the coming weeks. However, at first blush, we believe these types of announcements will continue throughout the year. The leading vendors in this space are well funded and are seeking market advantage, particularly in Europe and the emerging markets in the Asia-Pac region, as the commodity markets begin their recovery from the disastrous period of late 2008 and early 2009.

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