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 […]

A UtiliPoint IssueAlert
By Patrick Reames, VP of Trading and Risk Management, andDr. Gary M. Vasey, General Manager of UtiliPoint Europe
Energy trading, transaction and risk management (ETRM) software solutions are the highly specialized systems used by companies engaged in the production, buying, selling, moving and managing of energy commodities. According to UtiliPoint’s Directory of […]

UtiliPoint Europe will be conducting a series of webinars through the summer in conjunction with PGSEnergy Training.
The schedule is as follows;
May 29th 10:00 am to 11:00 am (U.S. Eastern Daylight Savings Time) 4:00 pm to 5:00 pm (Central European Time) - Market Sentiment as the New Risk Factor in Commodity Markets - How Energy & […]

Coming out of a record year in 2007 for ETRM product sales, we’ve observed a not unexpectedly slow first quarter 2008. The first quarter for any new year is historically the slowest, as budget dollars are being spent at the end of the year and vendors are pushing prospects to get signed up in […]