Triple Point
Success Stories

CITGO

"As an existing SAP customer, it makes absolute business sense for us to adopt the only oil trading and risk management software solution endorsed by SAP. In addition to the solution having best-of-breed functional components from both SAP and Triple Point, the integration effort, cost and ownership, both now and in the future, is moved from CITGO to SAP and Triple Point - so we have a much lower risk and lifecycle cost."

Bharat Petroleum

"With Triple Point's solution, we now have a single, real-time system accessible to all key business groups involved in the transaction cycle."  
"We were particularly impressed with Triple Point's design, development and testing of the complex SAP and market data interfaces, which were completed according to plan."

BG Group

"Rapid deployment and ease of integration were very important to BG Energy Merchants (BGEM). Triple Point's advanced, open architecture gives us the flexibility and scalability we needed to enter the northeast power markets now, while giving us plenty of room for future growth."

ArcLight Energy Marketing

"ArcLight Energy Marketing searched the market for a complete end-to-end, physical and financial solution for multiple commodities on a single platform, and after a thorough review of competing systems, Triple Point clearly proved itself the number one choice. In addition, Triple Point's Quick Start™ program enables us to deploy the solution in eight weeks and begin capitalizing on market opportunities in the shortest time possible."

Engen Petroleum

"As a SAP customer, the SAP-endorsed Commodity Management solution by Triple Point Technology is truly unique and the only one that makes sense for our business. It has all the functionality we require, moves the integration risk from Engen to the partnership and is the lowest cost alternative."

OMV

"OMV wanted to unite its physical and financial operations across all its global offices on a single, fully integrated, front-to-back office platform…After an exhaustive review of available alternatives, we determined Triple Point offered a solution successfully proven in the global marketplace that best matched our requirements, including those for tight corporate accounting and controls."

Westar Energy

"We needed a fully functional trading and risk management solution to automate our manual, spreadsheet-based business processes and to improve real-time controls and centralized reporting…We performed an exhaustive search of the software market, and Triple Point rose to the top."

Commerce Energy Group

"We found that Triple Point's scalable architecture and advanced power and gas functionality were the best fit for our requirements."

City of Anaheim

"Given Triple Point's impressive history of providing leading-edge solutions to the energy industry, the ability to deploy Commodity XL for Power solutions, and our RFP process, we concluded that only Triple Point was able to meet our requirements; this made our decision to use Triple Point easy."


Commodity and Energy Trading and Risk Management Worldwide

Triple Point serves clients in Asia, Africa, Australia, Europe, North America and South America and is used by 3,000 traders to manage more than $3.5 trillion in risk. Clients are supported from Triple Point's development and support centers in Westport, Houston, Parsippany, Singapore, London, Surrey, Pune and Chennai.


Triple Point and SAP

Market leaders across commodities and continents selected the joint Triple Point and SAP solution:

• ABB Grain
• CITGO
• Engen Petroleum
• Evonik Industries
• Imperium Renewables
• Van der Sluijs Groep



Clients in Every Commodity Group

The biggest and best commodity companies representing all asset classes – power, oil, gas, coal, base and precious metals, agriculture products, biofuels and freight – have chosen Triple Point. More than 25 percent of both Global 500 commodity trading companies and Global 500 energy companies use Triple Point.

Client Industries Served
Agriculture Base Metals Biofuels Chemicals Coal Credit Risk Fair Value Disclosure Financial Freight Hedge Accounting Natural Gas Oil and Products Power Precious Metals

Agriculture

ABB Grain Limited
AFGRI
Agroetanol
ARCIM Advisors, LLC
IFFCO
Imperium Renewables

Nidera
Ronald A. Chisholm Ltd.
Seaboard Overseas Ltd
Vertical
UBS

Base Metals

ARCIM Advisors LLC
ARCO Aluminum
Klesch & Company
Mitsui & Co.
Morgan Stanley

Noranda Aluminum
Ocean Partners
Oxbow
Trafigura
UBS

Base Metals

Agroetanol
Global Renewable Resources (GRR)

Imperium Renewables
Vertical

Chemicals

Borealis
Kolmar
Sabic

SJB Group
Vinmar International, Ltd.

Coal

Cinergy
Coal and Oil Company (CNO)
Duke Energy

Evonik Industries
Lehman Brothers
Oxbow

Credit Risk

Atel
BG Group
ConocoPhillips
Deriwatt
Dynegy
Electrabel
Enbridge
Energy Transfer

ERCOT
FirstEnergy
Iberdrola Renewables
NYISO
Smartest Energy
Southern California Edison
Tesoro
The Energy Authority

Fair Value Disclosure

Ameren
Copano Energy
Dominion
Enterprise Products Partners LP
Exco Rescouces, Inc.
Legacy Reserves

Parallel Petroleum
Petroleum Development
Plains Exploration & Production (PXP)
Puget Energy
Range Resources

Financial

ABN AMRO
ARCIM Advisors, LLC
Bank of Nova Scotia
Bear Stearns
Centurion Bank of Punjab
Fortis Bank
HDFC Bank
ICICI Bank
Kotak Mahindra Bank

Lehman Brothers
Macquarie Bank
Morgan Stanley
Old Lane
Scotia Mocatta
State Bank of India
UBS
UTI Bank

Freight

General Maritime
Glencore
Nidera

 
Hedge Accounting

Ameren
APS Energy Services
Atmos Energy Corporation
Brookfield Power
Campbell Soup Company
Copano Energy
Dominion
DTE Energy Trading
Empire District Electric Co.
Energy XXI
Enterprise Products Partners LP
Equitable Resources
Madison Gas & Electric
Meridian Resources Corporation
Michael Foods
Mohawk Industries
Newfield Exploration Company
Nexen, Inc.
NRG

ONEOK
Pacificorp
Plains Exploration & Production
Pogo Producing Company
Pennsylvania Power and Light (PPL)
Plains Exploration & Development (PXP)
Puget Energy
Range Resources
RWE Systems
Scottish Power
Southwestern Energy Company
Suez Energy North America
Targa Resources
The J.M. Smucker Company
The Southern Company
TransAlta
TransCanada
TXU Energy
Unit Corporation

Natural Gas

Alliant Energy
Anadarko Petroleum
ARCIM Advisors, LLC
ArcLight Energy Marketing
Bear Energy
BG Group
Bunge Global Markets
Cinergy
Commerce Energy
ConocoPhillips
Duke Energy
Fortis Bank
Glencore
Hess Corporation

HETCO
Highland Energy
Kerr-McGee
Lehman Brothers
Macquarie Bank
Morgan Stanley
Old Lane
Oxy
SHV
Sumitomo
Tennessee Valley Authority (TVA)
UBS
WINGAS

Oil & Products

Addax Petroleum
Anadarko Petroleum
ARCIM Advisors, LLC
Berkshire Asset Management
Bharat Petroleum
Borealis
Bunge Global Markets
CITGO
Coal and Oil Company (CNO)
Duke Energy
Engen Petroleum
Fortis Bank
Glencore
Hess Corporation
HETCO
Irving Oil
ITOCHU
Kolmar Petrochemicals
Lehman Brothers

MIECO
Morgan Stanley
Oando Petroleum
Old Lane
OMV
Petrobras
PETRONAS
Pilot Travel Centers
Preem Petroleum
Reliance
Sheetz
Shipley Energy
SHV
SJB Group
State Oil Company of Azerbaijan Republic (SOCAR)
Tesoro
Valero Energy Corporation
Van der Sluijs Groep
Vinmar International

Power

Alliant Energy
ARCIM Advisors, LLC
ArcLight Energy Marketing
Bear Energy
BG Group
Bunge Global Markets
Cinergy
City of Anaheim
Commerce Energy
Duke Energy
Fortis Bank
GUVNL

Highland Energy
Integrys Energy Services
Irving
Lehman Brothers
Macquarie Bank
Old Lane
Oxy
PTC India Ltd.
Tennessee Valley Authority (TVA)
UBS
Westar Energy

Precious Metals

ABN Amro
ALMAZ USA
BankMuscat (SAOG)
Bank of Nova Scotia
Canara Bank
Centurion Bank of Punjab
HDFC Bank

Kotak Mahindra Bank
Ocean Partners
State Bank of India
UBS
UTI Bank
ICICI Bank

   Resource Center
    Useful information on valuable solutions
 
Home Contact Us Privacy Supportpoint Sitemap email