Top Analyst Firm Names Triple Point to Leaders Quadrant for Energy Trading and Risk Management
Market Wire, June, 2009
Triple Point Technology ®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today it was named by Gartner, Inc., the world's leading information technology research and advisory company, to the leaders quadrant in its Magic Quadrant report for 'Energy Trading and Risk Management.' Additionally, Gartner named Triple Point to the leaders quadrant in 'Financial Services Commodity Trading and Risk Management.' Triple Point was one of only two other vendors that scored in the leaders quadrant in both Magic Quadrants.
Please visit http://mediaproducts.gartner.com/reprints/triplepoint/166103.html to read the full Magic Quadrant report for Energy Trading and Risk Management.
"Since our founding in 1993, Triple Point has invested heavily in our product innovation, people and training to provide the leading software solutions for energy and commodity trading and enterprise risk management," said Michael Schwartz, chief marketing officer, Triple Point. "It provides great satisfaction that Gartner recognizes the value we provide for our customers."
Triple Point's ranking as a leader within the Magic Quadrant was based on its Ability to Execute; the quality and efficiency of the vendor's processes, systems, methods or procedures that enable its performance to be competitive, efficient and effective and to positively affect revenue, retention and reputation; and Completeness of Vision; the vendor's understanding of current and future market direction, innovation, customer needs and competitive forces.
About the Magic Quadrant
The Magic Quadrant is copyrighted March 25, 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Triple Point Technology
Triple Point Technology® is the leading global provider of multi-market commodity and enterprise risk management software solutions. Triple Point's Commodity XL profitably integrates physical and financial markets on a real-time, service-oriented architecture (SOA) platform for commodities including agriculture, emissions, biofuels, freight, metals, power, coal, gas and oil. Headquartered in Westport, Connecticut, USA, Triple Point was founded in 1993 and serves clients from nine development and support centers located around the globe. More information is available at www.tpt.com .
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