Some recent news releases from the ETRM/CTRM world:
Allegro Allegro has opened a new office in Rotterdam in The Netherlands Allegro kicks off its new Alliance Program by signing up Spanish consulting firm Indra Allegro closes deal with Spanish LNG player Union Fenosa Gas
Triple Point Triple Point closes deal with Vertical UK LLC for Global biofuels management Triple Point closes deal […]

A UtiliPoint IssueAlertPatrick ReamesVice President, Trading & Risk Management
The first attempt to bring forth cap and trade legislation to limit greenhouse gas (GHG) emissions died earlier this month when the Lieberman-Warner-Boxer Climate Change Bill failed in the Senate on procedural grounds. While the bill received more support than previous attempts at climate legislation, much […]

It appears that Triple Point is continuing their acquisition streak and expanding their product reach. Despite numerous “no comments” from various places, all indications are that they will soon announce the acquisition of Rome Corp, the makers of Rome Energy, the leading credit risk management application in the energy space.
Should this rumor be correct, […]

OpenLink announced this morning that it had signed Apache Corp., one of North America’s largest independent oil and gas producers.
One of the most interesting notes in the announcement was this…
“Apache, in addition to implementing OpenLink’s Endur for end-to-end management of physical crude oil, natural gas, and natural gas liquid transactions, will also be working with […]

In 2007 UtiliPoint engaged in a survey of European trading firms to benchmark the software used around typical ETRM software (billing, gas storage, hedge accounting, scheduling, asset optimization, etc.) and the IT environment on which solutions are based and supported. The survey found that European markets are somewhat immature with many different solutions being used […]

Coinciding with the Energy Risk event in Houston this week, SunGard announced a couple of new additions to their existing product families.
For ZaiNet, their flagship deal capture and risk management product, they’ve announced the release of the Real Time Dashboard, which the company describes as follows…
The Real-Time Dashboard builds on real-time operational business intelligence (BI) […]

Triple Point announced late yesterday that they have acquired Investment Support Systems Inc. (Innsinc), a treasury management and regulatory compliance solution provider. As described in Triple Point’s press release, Innsinc “develops and markets treasury and risk management software solutions, including products to enable companies engaged in the procurement, processing or marketing of commodities or […]

In looking at Open Link Financial’s (OLF’s) pending IPO, it’s interesting, if not necessarily informative, to look back at the last company that did an IPO in the ETRM space and see what ultimately became of that company - Caminus.
For those that don’t remember Caminus, the company started out as a “strategic consulting” firm based […]

Rome recently announced that they scored a big win with the NYISO. As Rome mentions in their press release…
NYISO operates New York State's bulk electricity grid and administers their wholesale electricity markets. Recent growth in the wholesale electricity market and evolving market design requirements resulted in increasingly complex credit data and processes as […]

OpenLink Financial filed their S-1 yesterday, indicating that they intend to make a public offering of their stock from which they expect to raise $200 million.
By being first out of the gate, OpenLink is well positioned for success with this offering. Having been the first of the major ETRM software houses to […]