Page 1

CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Trading & Risk Management Ancillary Vendors and Products Version 3 2012

Copyright 2012 UtiliPoint International, Inc.

1


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Table of Contents Introduction to the CommodityPoint TRM Ancillary Software Sourcebook ..................................... 4 Important Disclaimer ........................................................................................................................ 5 How CommodityPoint Can Help Your Selection Process ................................................................... 6 Product and Vendor Listing .............................................................................................................. 7 Ascend Analytics PowerSimm .................................................................................................................................. 8 Aspect Enterprise Solutions Aspect DSC.................................................................................................................................... 9 Brady PLC Brady Version 2012..................................................................................................................... 11 Contigo enPrice........................................................................................................................................ 13 enVoy ......................................................................................................................................... 15 DataGenic Genic DataManager ................................................................................................................... 17 Derivative Trading Systems Ltd ExPDA ......................................................................................................................................... 19 Horizon/Open Horizon/Horizon Direct ........................................................................................ 21 e-Opt Solutions PriceHub ..................................................................................................................................... 23 Fundamental Analytics Fundamental Analytics ............................................................................................................... 25 GlobalView MarketView Solutions ................................................................................................................ 27 Hartigen PowerOptix™ 2.1 ........................................................................................................................ 29 Innotap RealDeal® Dashboard 1.0 ........................................................................................................... 31 IRM (An OpenLink Company) iOpt, Version 6 ............................................................................................................................ 33 Lacima Lacima Analytics ......................................................................................................................... 35 Morningstar Commodity Data Commodity Data Management .................................................................................................. 37 NRGSTREAM NRGSTREAM TRADER ................................................................................................................. 39 OATI webRisk ...................................................................................................................................... 41 webTrader Power ....................................................................................................................... 43 OpenLink Endur .......................................................................................................................................... 45 RightAngle,dbcSmartSoft,OASES ................................................................................................ 47 Power Settlements Consulting and Software, LLC SettleCore ................................................................................................................................... 49 QT Information Systems QT Market Center ....................................................................................................................... 51

Copyright 2012 UtiliPoint International, Inc.

2


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook SoftSmiths Inc. SoftSmiths TMS .......................................................................................................................... 53 SunGard Financial Systems MarketMap Energy .................................................................................................................... 55 Telvent DTN ProphetX 3.12 ............................................................................................................................. 57 Transgraph Consulting Pvt. Ltd. TransRisk .................................................................................................................................... 59 Triple Point Technology Commodity XL ............................................................................................................................ 61 Ventyx EPM Suite ................................................................................................................................... 63 ZE PowerGroup, Inc. ZEMA Suite ................................................................................................................................. 65 References & Other Useful Resources ............................................................................................ 67 References .................................................................................................................................. 67 Useful Resources ......................................................................................................................... 67 About CommodityPoint .................................................................................................................. 68 About UtiliPoint速 International, Inc. .............................................................................................. 69

Copyright 2012 UtiliPoint International, Inc.

3


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Introduction to the CommodityPoint Trading & Risk Management Ancillary Software SourceBook The CommodityPoint TRM Ancillary Software SourceBook is designed to be a useful and usable resource to help those seeking software solutions that support or enhance the functional capabilities of their trading infrastructures, including their core commodity trading and risk management systems. This document should be viewed as a starting point in that selection process, providing a high-level guide to allow you to select a long list of vendors for inclusion in an RFI and/or RFP process. It is NOT designed to be a replacement for your selection process. TRM Ancillary software is simply often too complex to be selected properly without a reliable and complete selection process. We anticipate that the CommodityPoint TRM Ancillary Software SourceBook will allow you to compile a list of vendors that may include some you might otherwise not have considered or may even not previously been aware of. In that way, we believe it can make your selection process more complete. We have developed a readily consumable format for each vendor and product listing that has summary information about each vendor and product that includes:

• • • • • •

Functional and commodity coverage Contact details Product and vendor information Representative clients Geographical and industry segment distribution of users Website details

The product functionality and other information are presented using charts which are easily readable providing information about the vendor’s functional coverage. CommodityPoint’s methodology for constructing the Sourcebook was to develop a spreadsheet and questionnaire for each vendor. The spreadsheet was completed by the vendor in which they identified by commodity and function or feature whether their software had capabilities in that area. These were inspected by CommodityPoint and some adjustments made before final collation of the information. The questionnaire was used, in part, to complete the vendor/product listing along with information collected in other CommodityPoint surveys and research. The listings are compiled by CommodityPoint analysts. If you are aware of a product that should be considered for inclusion in this TRM Ancillary Software SourceBook, please let us know. We are dedicated to making this and every SourceBook by CommodityPoint the ultimate resource for industry participants seeking data and information on software products and their vendors.

Copyright 2012 UtiliPoint International, Inc.

4


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Important Disclaimer

It should be noted that CommodityPoint cannot guarantee the accuracy of the Vendor listings although we have attempted to match vendor claims against our knowledge of the market. In fact, given the complexity of the TRM Ancillary Software space generally, we cannot guarantee that the vendors have interpreted the terminology we used accurately in preparing their responses nor that each vendor has applied the same approach and/or interpretation in answering our questions. Rather, the material is presented on the basis that it is indicative of the broad capabilities of vendor’s products at the time of its printing. CommodityPoint strongly advises users of this document to verify with the vendors and undertake requisite due diligence when selecting software. Additionally, CommodityPoint analysts are available to assist or provide additional input on a consulting basis.

Copyright 2012 UtiliPoint International, Inc.

5


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

How CommodityPoint Can Help Your Selection Process CommodityPoint is well known for its analysis capabilities in the CTRM and related software area but we also offer services of tremendous value to those seeking to select and implement CTRM and related software that are designed to reduce costs, timescales and risks. CTRM and related software selection and implementation projects can be fraught with risk, slippage and cost over runs and for that reason, CommodityPoint offers advisory and audit services into those types of projects. We deliver our advisory and audit services as a part of your extended project team coming in at specific points along the project to provide external audit services while being on call in an advisory capacity to help guide the project at any particular moment. Our audit function is usually geared to match up with project checkpoints where we can examine project deliverables. These might include: •

RFI review – we examine your RFI for omissions and oversights while helping ensure that the vendors that it is sent to are the ones that can in fact meet the requirements of the project

RFP review – we examine the RFP for omissions and oversights while helping ensure that the vendors it is sent to are the ones that have the best chance of meeting the requirement

Vendor response analysis and scoring – we help in reviewing vendor responses and developing scoring mechanisms for the project

Project plan reviews – we examine the project plan and scope and advise on omissions, timescales and costs

Pre-selection workshop – CommodityPoint educates the core selection team on the market, vendors, implementation experience and more to better prepare you for the experience

Final Selection – review of project deliverables and advice on the contracts process as well as starting to review proposed implementation teams, costs, and timescales

Implementation Assistance – Checkpoint and milestone reviews of the project

CommodityPoint has delivered such services on numerous occasions and has been credited with saving money, reducing timescales and project risks by our clients. Please contact us for more details on how we can assist you by emailing us at mtredway@utilipoint.com.

Copyright 2012 UtiliPoint International, Inc.

6


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Product and Vendor Listing Each Vendor and Product listing is arranged according to the same format for clarity and ease of use. The listings comprise: • • • • • • •

The name of the vendor and product A graph showing the distribution by geography and industry segment of the product’s installed base Company and product information comprised from a variety of sources including vendor’s website, collateral and CommodityPoint material A graphical matrix providing an overview of the product's capabilities Vendor’s office locations A representative list of users of the product – where provided by the vendor The vendor’s website address

The listing allows rapid comparisons between vendor products as well as a pulse check in terms of whether that product is one utilized in your geography of operation and/or industry segment. The functionality matrix shows the area of functionalities or system features. This is indicated via color coding to make the graphic rapidly consumable and easy to read or compare and contrast with other listed products. Overall, the listings provide sufficient compact detail to identify vendors and products that may meet your requirements and should therefore be candidates for your long list at the start of a selection exercise. Those thinking about a software selection exercise may wish to consult our book – Selecting & Implementing Energy Trading, Transaction & Risk Management Software – A Primer (Reames & Vasey, 2008) published by Booksurge Publishing, for additional best practices and guidance.

Copyright 2012 UtiliPoint International, Inc.

7


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Power Simm

Ascend Analytic s

1877 Broadway Street, Suite 706 Boulder, CO, 80302 USA

Aspect DSC – Decisio

Copyright 2012 UtiliPoint International, Inc.

8


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

AspectDSC - Decision Support Center Aspect Enterprise Solutions

Castlewood House 77-91 New Oxford Street London WC1A 1DG

Markets / Geographies Served

Company / Product Information Aspect Enterprise Solutions was founded in 1999, as OILspace, to leverage unique industry knowledge, modern technology and years of experience. Building upon a flexible infrastructure and technology platform, with an innovative development methodology, Aspect’s development team has produced a range of web-based applications, customization services and enterprise integration solutions. With more than a decade of experience dealing with the world’s largest energy corporations, OILspace became Aspect Enterprise Solutions to mark the company’s expansion into broader commodities markets including metals, softs, and emissions. After meeting the needs of major players in extremely difficult industries, Aspect Enterprise Solutions now continues to take that expertise onto a broader stage outside of oil and energy. Real-time data and historical analysis are essential tools for all trading companies operating in today’s energy and commodity markets. AspectDSC is a Decision Support Center providing market data, real-time and

historical futures, spot prices and the latest market news from multiple exchanges and information providers such as CME, CBOT, NYMEX, COMEX, LME, Platts, Dow Jones and BBC. The solution is configurable to the needs of each individual user and features fully customizable panels to filter and display only the data required. Delivered via the Web as Software-as-a-Service in the Cloud, the platform is easily accessible from any pc or mobile device with an internet connection, including iPhone, iPad, Android and BlackBerry. There is no software to install or maintain and no lengthy training so users can be active right away - total cost of ownership is low and ROI is high. The system integrates easily with AspectCTRM

Copyright 2012 UtiliPoint International, Inc.

9


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook and other commodity trading and risk management solutions for seamless data management, trade capture, risk management, and operations and financials, and features a number of powerful tools. Real-time futures panels provide live and delayed prices for each product on the ICE, NYMEX, CME, CBOT, COMEX, DME, LME and Bursa Malaysia exchanges along with live Forex data. Customizable Price Tables allow traders to view live, delayed and end-of-day prices for multiple instruments delivered by different exchanges, shown in side-by-side columns and filtered by the end-user. DSCharts offers advanced charting capability and is globally recognized for ease of use. New features allow for up to five instruments to be tracked in one chart to show price correlations for multiple contracts, and charts can be filtered to show either local time or exchange time. Time and Sales panels provide an in-depth view into the market in real-time, showing live trades, bids and offers as well as allowing users to create historical searches for trades within specific date and price ranges. This new functionality presents greater visibility of market liquidity and trade volume at a particular time.

Main Office Castlewood House 77-91 New Oxford Street London WC1A 1DG +44 20 7632 0170 (Office hours) +44 20 7632 0180 (After hours) Fax: +44 20 7836 8030 Other Locations New York 1-347-328-0396 Moscow +7 495 925 7245 Singapore +65 6738 6525 Kuala Lumpur +603 2300 3129 Representative Clients ChevronBP ExxonMobil Vitol Trafigura Lukoil World Fuel Services Oil Brokerage Metal Agencies Agri-Chemicals Itochu Glencore Website www.aspectenterprise.com

Copyright 2012 UtiliPoint International, Inc.

10


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook

Brady Version 2012 Brady PLC

281 Cambridge Science Park Milton Road Cambridge CB4 0WE

Markets / Geographies Served

Company / Product Information Brady has more than 25 years of history in serving commodity markets including Base, Precious Metals & Raw Materials, Energy including Oil, Coal and Gas and Softs. It currently has 244 customers worldwide. Brady is a publicly traded company and had revenues of just over 19.2 million GBP for the 2011 financial year. Brady has acquired a number of other providers in the last 2-3 years including VIZ Risk Management, Viveo Switzerland, ComSoft, and most recently Navita and Syseca, expanding its commodities and industry sector footprints as well as its global client base. Brady offers a choice of trading and risk management solutions designed to help companies manage all of their commodity transactions in an integrated solution - including pre-deal analysis, trade capture, risk management, foreign exchange, credit risk, logistics, cash management, physical operations, back office financials and treasury settlement. Brady’s solutions include: Trinity Trinity is a single integrated supply chain and risk management solution. It has a comprehensive range of features across derivatives, physicals and treasury

and is capable of handling all stages of a transaction from front to back office. Opval Opval is a fast and flexible option pricing and risk management system. It provides a fully integrated suite of front to middle office functions from quick and efficient pricing of various types of options, through deal entry and portfolio management, to risk analysis and reporting. Aquarius Developed in a live mining, trading and smelting organization, Aquarius provides a single solution to companies looking to manage their metal assets from raw materials at the mine through trading and smelting along with associated hedging and risk management.

Copyright 2012 UtiliPoint International, Inc.

11


CommodityPoint, a division of UtiliPoint International Inc.

TRM Ancillary Software Vendor and Product SourceBook Fintrade Fintrade is a powerful software solution for organizations trading physical softs, oil, gas & coal that provides the facility for simple and swift manipulation of typical trading transactions. The workflow in Fintrade follows the lifecycle of a deal closely, starting with the contractual phase, followed by the execution phase and finally linking the data to the accounting and financial reporting. Elviz Brady Elviz is the specialist integrated ETRM system for energy, with over a decade of dedicated development and focus on the energy market, particularly the electricity, gas, oil, coal and emission markets. Brady Elviz combines sophisticated trade and risk management functionality with flexible, state of the art reporting, data warehousing and integration technology. Brady Elviz is easy to install, with clearly defined customization and integration interfaces giving it a fast ROI and low total cost of ownership.

Main Office 281 Cambridge Science Park Milton Road Cambridge CB4 0WE +44 (0) 1223 479479 Other Locations London Philadelphia Paris Singapore Geneva

+44 (0) 20 7002 1619 1-610-941-2780 +33 1 4526 5937 +65 6725 6503 +41 22 869 1000

Representative Clients • Aleris • HSBC • Malteurop

• • •

Standard Bank Trafigura Xstrata Copper

Website www.bradyplc.com

Copyright 2012 UtiliPoint International, Inc.

12


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

enPrice Contigo

Blythe Valley Innovation Centre Blythe Valley Business Park Solihull, United Kingdom B90 8AJ

Markets / Geographies Served

Company / Product Information Contigo is a leading provider of trading and logistics software products for the energy industry. Based in the United Kingdom, it has developed the innovative and flexible enTrader family of products that deliver significant business value to its customers. It utilises delivery methods and state of the art technologies to deliver and implement those solutions both rapidly and cost effectively. Contigo’s latest product, enPrice, is a comprehensive costing and pricing engine designed for the electricity, gas and dual fuel retail markets. enPrice is a purpose built pricing engine for the power and gas market. enPrice is fully automated and consists of two principal parts – system maintenance and quote production.

enPrice will mirror settlements, by detailed and accurate use of Market Domain Data. enPrice will correctly determine all relevant costs to supply by mirroring the relationship between the customer’s supply number, MDD and the settlements system. enPrice will determine third party charges with maximum granularity by correctly modeling the charging systems used by all parties in the supply chain. All individual charging elements are accurately duplicated within enPrice, irrespective of the level of detail required.

Copyright 2012 UtiliPoint International, Inc.

13


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Any cost element, either in level or structure, is both rapid and simple to implement. In addition to the duplication of third party charging structures the system provides for the flexible application of user specific price related issues such as margins, risk, price escalation factors and overheads. This is configurable, and customer specific costs can be instantly updated to reflect market reality and maintain anticipated profits.

Functions • Full cost reflective pricing, using accurate industry costing structures. • Management of price forecasts for fixed/flexible contracts. • Budgetary control facilities by alarms and triggers. • Breakdown of all component costs or assumptions. • Multiple versions of input cost. • Transaction audit with extensive version control.

Main Office Blythe Valley Innovation Centre Blythe Valley Business Park Solihull, United Kingdom B90 8AJ +44 121.506.9115

Cost Reflective Pricing • Validate and produce quotes. • Accurate basis for supplier negotiation. • Updates for frequently revised industry costs.

Timely updates for new charging structures.

Management of Electricity and Gas Costs • Forecast future costs against available market information. • Update future price projections for budgeting purposes. Alarms may be set by account. • Advise pass through clients of any impact to their budgets.

Other Locations None Provided Representative Clients RWE E.ON Centrica Website www.contigoenergy.com

Copyright 2012 UtiliPoint International, Inc.

14


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

enVoy Contigo

Blythe Valley Innovation Centre Blythe Valley Business Park Solihull, United Kingdom B90 8AJ

Markets / Geographies Served

Company / Product Information Contigo is a leading provider of trading and logistics software products for the energy industry. Based in the United Kingdom, it has developed the innovative and flexible enTrader family of products that deliver significant business value to its customers. It utilises delivery methods and state of the art technologies to deliver and implement those solutions both rapidly and cost effectively. Contigo is a software solutions provider for many energy companies who seek expert knowledge of their business in a supplier. Within the enTrader suite which was launched in 2009, the software solution enVoy simplifies the process of sending and receiving energy industry data flows, linking your energy trading function directly to external data agents.

enVoy significantly reduces the time and resources consumed by notification and dispute investigations. For notification, enVoy reduces risks and eliminates manual tasks by collecting data from your trading system automatically, monitoring your notifications and trading positions in real time, and raising user defined alerts. To facilitate dispute investigation and resolution, enVoy’s fully audited infrastructure means notification files can be located and

Copyright 2012 UtiliPoint International, Inc.

15


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

viewed in seconds with drill downs directly from individual trade records. enVoy's management by exception operation increases confidence in your ability to limit imbalances which enables additional profit opportunities by trading right up to the last available time period. By maintaining a realtime view of notification and submission status and automatically reconciling back to the trading and scheduling systems, there is less need to “operate� the system. Issues and alerts are only raised when they require management or user attention. enVoy allows detailed definition of alert thresholds and priorities allowing a range of alert conditions to be properly managed. Alerts are automatically generated when these conditions are met.

Main Office Blythe Valley Innovation Centre Blythe Valley Business Park Solihull, United Kingdom B90 8AJ +44 121.506.9115 Other Locations None Provided Representative Clients RWE E.ON Centrica Website www.contigoenergy.com

Copyright 2012 UtiliPoint International, Inc.

16


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Genic DataManager DataGenic

46 New Broad Street London EC2 1JH

Markets / Geographies Served

Company / Product Information Since its creation in 2002, DataGenic has steadily received increased recognition as an international specialist in the delivery of data management solutions. DataGenic has developed a wealth of experience in the areas of interval data, market pricing and reference data required by the industry, the complex usage of this data in analysis, trading, decision support, risk management, portfolio optimization, operations and sales, and the technology needed to deliver and integrate information across the enterprise. DataGenic Solutions meet the complex data management requirements for companies that provide services in Finance, Utilities, Oil & Gas and the Public Sector. It’s software solution Genic DataManager encompasses end-to-end data management processes and workflow, offering comprehensive data management capabilities

including data acquisition, normalisation, validation, source consolidation, cleansing, enhancement and distribution, and ensuring maximum automation while allowing manual intervention. Genic DataManager provides the tools and framework to inspect data for anomalies, cleanse and standardize information, and integrate data across sources to enhance the critical information. With unified views of key shared data that are reliable, timely and complete, companies can greatly benefit from

Copyright 2012 UtiliPoint International, Inc.

17


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

all of their data assets within operational business processes. Additional solution options include: Genic CurveBuilder - a purpose-built application providing the flexibility and controlled framework for the automated generation and management of forward curves for any asset class. Genic WorkFlow - a business process management (BPM) platform for creating and automating business processes that coordinate between people, applications, and services.

Genic LiveConnect – a change data capture (CDC) technology module that provides low latency continuous capture and delivery of the high volume, high frequency transactional or time series based data. Genic DataGrid / Excel Add-in -a charting and analytical application designed for energy market analysts, traders and researchers, accessible with an internet connection and a web browser.

Genic QualityManager - enterprise-strength rules-based application for the automation of simple to complex data validations and data derivations.

Flexible Deployment Options: DataGenic supports a range of implementation options to meet a company's business needs including high availability, remotely hosted software, the ability to offer hybrid solutions that combine elements of software-only, business process outsourcing, and 24/7 managed services.

Genic DataHub - facilitates the organisation and consolidation of fragmented data sources that exist in the marketplace and distributes via multiple channels and platforms.

Main Office 46 New Broad Street London EC2 1JH +44 7884 263002 Other Locations Bangalore, India

+91 802 662 2607

Representative Clients None Provided Website www.datagenicgroup.com

Copyright 2012 UtiliPoint International, Inc.

18


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

ExPDA

Derivative Trading Systems Ltd. First Floor Unit, 1, Bastwick Street, London EC1V 3NU

Markets / Geographies Served

Company / Product Information Derivative Trading Systems Ltd. (DTS) is a privately owned business that has been trading since 1992. With their head office in London, the company services the UK and European financial markets. DTS also has a sales office in Sydney to cover the expanding Asia Pacific markets. The Company's global presence now encompasses sixteen countries. Customers range from the largest, best known investment and commercial banks to more recently, a wide variety of hedge funds. The company's flagship product is the Horizon application developed and sold to financial institutions worldwide. From its inception, Horizon brought together a sophisticated database of market data and a range of analysis not previously available in a single software solution. Through on-going development of the

analytical software and expansion of the database that supports Horizon, it still continues to boast features that many other third party and home grown applications are unable to reproduce. DTS's underlying data is captured at a consistent point in time three times a day from multiple sources to coincide with the closing of each of the major world financial centers. Careful collection and screening procedures ensure that the high quality of the Horizon database is maintained. Yield curve data goes

Copyright 2012 UtiliPoint International, Inc.

19


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

back to 1986 for major currencies. Spot FX and other selected data goes back to 1980.

DTS's latest development is ExPDA (Excel Publish & Display Application) which allows an organization to take in real time data, add value, then publish it to authorized users either internally or externally using an Excel interface.

• •

• Key features of the ExPDA Data Distribution Network: • •

Share data between Excel users in real time Effortlessly navigate a Data Selection Tool to make the selection of the Published data and 3rd party data feeds as manageable as possible Reliable, cost-effective publishing solutions built on high performance real time data distribution technology A highly flexible solution that is very manageable to install and manage

Low latency solution with the ability to automatically change protocols depending on the network architecture Publish, in an uncomplicated manner, real time data from spreadsheets to web pages Share real time data between multiple users and multiple sites in a managed, efficient manner Configurable and controllable data loss in times of high throughput traffic Costs for the ExPDA solution can be as low as $110 (USD) per user/month which includes ongoing upgrades and technical support

Main Office First Floor Unit, 1, Bastwick Street, London EC1V 3NU +44 (0)207 689 6688 Other Locations Sydney +61 (0)2 9980 8770 Representative Clients None Provided Website www.derivs.com

Copyright 2012 UtiliPoint International, Inc.

20


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Horizon/Open Horizon/Horizon Direct Derivative Trading Systems Ltd. First Floor Unit, 1, Bastwick Street, London EC1V 3NU

Markets / Geographies Served

Company / Product Information Derivative Trading Systems Ltd. (DTS) is a privately owned business that has been trading since 1992. With their head office in London, the company services the UK and European financial markets. DTS also has a sales office in Sydney to cover the expanding Asia Pacific markets. The Company's global presence now encompasses sixteen countries. Customers range from the largest, best known investment and commercial banks to more recently, a wide variety of hedge funds. The company's flagship product is the Horizon application developed and sold to financial institutions worldwide. From its inception, Horizon brought together a sophisticated database of market data and a range of analysis

not previously available in a single software solution. Through on-going development of the analytical software and expansion of the database that supports Horizon, it still continues to boast features that many other third party and home grown applications are unable to reproduce. DTS's underlying data is captured at a consistent point in time three times a day from multiple sources to coincide with the closing of each of the major world financial centers. Careful collection and screening procedures ensure that the high quality of the Horizon

Copyright 2012 UtiliPoint International, Inc.

21


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

database is maintained. Yield curve data goes back to 1986 for major currencies. Past spot FX and other selected data extends to 1980.

Matlab©, Excel and other financial applications) using programming languages such as Visual Basic, C and C++.

Horizon Main Features:

Horizon Direct is a Web version of Horizon Premium aimed at sole traders or users who are out of the office, working at home, or who need remote access for presentations / demonstrations access via the internet to the Horizon database. The data is not stored locally on the user's PC or network but is accessed via the internet to one of the data servers maintained by DTS.

• Extensive historical database of rates extending over the past 30 years • A broad range of asset classes are covered as well as commodities, These include derivatives, fixed income, f/x, money market, and equities • All analysis in Horizon is created with a clear, intuitive graphical navigation tool • The data is always up to date and accurate. The accuracy of the data helps to ensure that analysis errors are minimized Horizon Premium is a powerful financial data charting and analysis tool providing access to an extensive database of proprietary market data owned by DTS. Open Horizon gives users a manageable way to extract data from the Horizon database without writing code. This data can then be loaded into their own Excel © (and other) applications to be manipulated. Horizon COM (Component Object Model) is an API version of Horizon Premium allowing users to make calls to the Horizon database and its functionality from their own applications (e.g.

DTS offers access to the high quality historical Horizon database via the Internet using SOAP and REST functionality. Registered users can now specify and download the data they require and so only pay for the data they use. Main Office First Floor Unit, 1, Bastwick Street, London EC1V 3NU +44 (0)207 689 6688 Other Locations Sydney +61 (0)2 9980 8770 Representative Clients None Provided Website www.derivs.com

Copyright 2012 UtiliPoint International, Inc.

22


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

PriceHub

e-Opt Solutions

Storchenstrasse 24 68259 Mannheim Germany

Markets / Geographies Served

Company / Product Information PriceHub is built on the .NET 2.0 Framework, using C# and VB.NET. The applications run on Oracle 10g and above. PriceHub exposes critical functionality and data as Webservices, and can hence be integrated into a SOA Infrastructure Landscape. PriceHub is designed as a modular framework of applications that provide solutions to complex business challenges in the Energy Trading domain. The main modules include: e路Curve: This is a Price Forward Curve engine for Power, Gas, Oils, etc. It is an engine that models the impact of increasing share of Photovoltaics in the generation mix, as per a precise analytical algorithm. It allows traders to include products such as 0-6, 6-22, 20-24, WE, etc., while generating Power Curves. Along with e路spot, which is a Day-Ahead Spot Price

Forecasting application, the trader has the tools to react quickly to changing market conditions. e路Pool: With over a hundred price data sources preconfigured, this is an Enterprise wide Price repository and distribution platform. It can be tightly integrated to downstream systems for providing just-in-time price information. Live price feeds from popular platforms can be fed to off-floor users like Risk Managers, Portfolio Managers, etc. e路VaR: This is a Risk Measurement and Evaluation module specifically built for the

Copyright 2012 UtiliPoint International, Inc.

23


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Energy vertical. It allows different commodities with different maturities and currencies to be evaluated and Stress Tested on a common platform. e路Price: An Incremental VaR based approach towards pricing energy contracts. It allows Portfolio Managers to generate offers quickly and with real time prices. A web interface allows customers to directly generate and receive price quotations. e路Link: This is a market interfacing module, that allows direct feed of trades made on Broker/Trading Platforms linked to Trayport or exchanges such as ICE, EPEX, etc., into the users ETRM systems. e路Report: This is a cross-system Reporting Solution that offers great flexibility across different systems, sources and data types. It allows Reports and corresponding Filters to be defined and built by users directly. Reports can be scheduled to run on time or event.

e路Flow: This is the latest addition to the PriceHub suite, and gives our users the ability to offer Scheduling and Nomination Services to Third Party Clients. Presently it can handle European Power, and plans are underway for extending the coverage. Main Office Storchenstrasse 24 68259 Mannheim Germany +49 (0621) 728 7123 Other Locations Gotenstrasse 13 68259 Mannheim Germany +49 (0621) 319 56789 +49 (0621) 319 55030 Representative Clients Eneco Energy Trade BV RheinEnergie AG Syneco Trading GmbH Website www.eopt.org

Copyright 2012 UtiliPoint International, Inc.

24


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Fundamental Analytics Fundamental Analytics

200 West Monroe, Suite 1625 Chicago, IL 60606 USA

Markets / Geographies Served

Company / Product Information Dr. Joel Fingerman founded Fundamental Analytics in 1985, with a focus on the quantitative analysis of supply and demand as an indicator of price and volatility in the Crude Oil and Natural Gas markets. He launched the first company website in 2003. A new highly advanced site was introduced in the second quarter of 2008, and enhancements integrated in March of 2012. Fundamental Analytics is a web-based software tool for managers, traders, and analysts in the commodities of energy, grains, and foods. Combining fundamental supply/demand data with extensive price data, the website allows the user to view and manipulate fundamental and price data in a large variety of ways to better understand commodity price direction and volatility, as well the forces that impact it.

We combine an easy-to-use website with robust fundamental data and a broad array of analytic tools to create a unique and powerful service for commodity professionals. Up to 10 years of data is available. Website Overview: •

Markets - CBOT Grains, including rough rice and ethanol, plus Minneapolis and KC Wheat; NYMEX Oil, Gasoline and Heating Oil as well as ICE Brent and Gasoil; NYMEX Natural Gas

Copyright 2012 UtiliPoint International, Inc.

25


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Fundamental Data - USDA grains information including basis; DOE Oil statistics; EIA Natural Gas data. CFTC Commitment of Traders information available for all US futures products Tools - Fundamental Data in both charts and tables, Price charts for continuation futures, standard calendar spreads, and user-defined custom spreads (including complex spreads such as Soybean Crush and Gasoil Cracks)

Advanced Analytical tools, scatter plot regression analysis and customized Price verses Fundamental charts

Product Features – the ability to export most data directly to Excel®. Create and Store custom spreads

Main Office 200 West Monroe, Suite 1625 Chicago, IL 60606 USA 1-312-348-7518 Other Locations None Provided Representative Clients None Provided Website www.fundamentalanalytics.com

Copyright 2012 UtiliPoint International, Inc.

26


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

MarketView Solutions GlobalView

100 South Wacker, Suite 210 Chicago, IL 60606 USA

Markets / Geographies Served

Company / Product Information MarketView® include:

Front

Office™

components

Desktop™ Access a collection of global energy and commodity market data in one easy-to-use platform. Desktop provides a variety of ways to display, track, and analyze real-time energy market data and historical prices as well as news headlines, stories, graphical and proprietary data. MATLAB™ MATLAB allows users to perform deep statistical analysis of real-time and historical time series data. MATLAB® users can directly access any of the numerous energy market data sources available in MarketView® for analysis and manipulation, including client proprietary data.

ExcelTools Import both real time and historical energy market data into Excel spreadsheets for further individual analysis and integration. It offers data management technology with a wide breadth of real time and historical information.

Electronic Wall Display Solutions Equip an electronic wall display with the critical information and decision support tools from MarketView®. This solution provides a cost effective, yet powerful alternative for delivering

Copyright 2012 UtiliPoint International, Inc.

27


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

real time or delayed data, charts, news, and more into electronic wall displays to visually present market conditions on a trading floor directly from MarketView® applications. This solution provides the flexibility to design one’s own current market data presentation to be the reference point for community areas. Mobile™ Take the power of MarketView Desktop on any mobile device. MarketView® BackOffice™ components include: DataExtract™ DataExtract provides a convenient source for a variety of pricing data delivered in a consistent format. Select the pricing data required, the format desired, and the time of delivery. The application extracts the specified symbol code information from the GlobalView data server and delivers the data in a structured file via FTP. DataConnection™ This XML web service open standards and transport protocols to exchange data and integrate applications. Access real time price data over the Internet using standard description language for efficient data integration.

DataImport™ With DataImport, end users store their proprietary data in a single, central data repository with access via the MarketView suite of tools. Internally and externally sourced data are automatically combined allowing for comprehensive analysis. Accessing all internal and external data from a single source means comprehensive integration that provides efficiency and consistency. Main Office 100 South Wacker, Suite 210 Chicago, IL 60606 USA 1-312-628-2900 Other Locations London Singapore Latin America

+44 (0) 207 405 9400 +65 6339 6650 +52 55 3601 0774

Representative Clients None Provided Website www.gvsi.com

Copyright 2012 UtiliPoint International, Inc.

28


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

PowerOptix™ 2.1 Hartigen

3100 South Gessner, Suite 329 Houston, TX 77063 USA

Markets / Geographies Served

Company / Product Information Hartigen is a Houston-based technology solutions and services company that delivers performance-centric software technology for North American ISO/RTO market participants. Each member of Hartigen’s leadership team has a minimum of 10 years of experience in the areas of ISO/RTO business process design and evolution, as well as in management, design and development, quality assurance, implementation, and testing of ISO/RTO transaction systems and complementary applications. Hartigen’s resources are able to implement and integrate both packaged and custom software solutions in the areas of ETRM, CIM, GMS/EMS, and ISO Transaction Management and Communications.

They are able to provide turn-key solutions or work with client resources to rapidly design, develop, test, and deploy custom solutions. Hartigen can deploy software on its Cloud Platform and provide advisory services for architecting Cloud Application Delivery. They are able to design, develop and deploy integration solutions using middle-ware or point-to-point. PowerOptix™ is a bid-to-bill, ISO Transaction management system designed to provide out of the box performance, integration with existing

Copyright 2012 UtiliPoint International, Inc.

29


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

functionality and applications, and ISO/RTO change management and enhancement. PowerOptix provides complete separation of the core architectural components and the business or proprietary functionality. New functionality can be delivered immediately, without the traditional months or sometimes years of design iterations that are typical with other ISO transaction management solutions. PowerOptix can be delivered on premises or as a secure, web-based service in the cloud.

Key Aspects:

• • • • •

Single platform with a centralized data repository for 9 ISO/RTO areas. Supports the download and storage of all ISO/RTO transactions and market data Proactive ISO/RTO monitoring and change management Ability to customize or extend PowerOptix without impacting maintenance agreement Existing integration can be mapped to PowerOptix without modifying the interfaces Provides data pivot and robust reporting capabilities as part of the core solution

• • • •

Commercial and software deployment flexibility (SaaS or on-premise) Ability to “hot-deploy” software updates to minimize application down-time PowerOptix facilitates high availability, cluster throttling ad disaster recovery Superior application performance that can scale mid-tier Provides advanced features such as fuel management, P&L and Position, ISO/RTO credit monitoring and automated bid/offer creation Utilizes a forward LMP price forecast, resource parameters, resource costs and fuel costs to project resource output, fuel burn and emissions

Main Office 3100 South Gessner, Suite 329 Houston, TX 77063 USA 1-281-661-8397 Other Locations None Provided Representative Clients None Provided Website www.hartigen.org

Copyright 2012 UtiliPoint International, Inc.

30


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

RealDeal® Dashboard 1.0 Innotap

1018 West 8th Avenue, Suite H King of Prussia, PA 19406 USA

Markets / Geographies Served

Company / Product Information A relatively new entrant into the CTRM marketplace, Innotap’s principle management team brings in excess of a combined 100 years of successful development and industry specific experience to the company. Innotap is an exceptionally experienced provider of Realtime Decision Support Software as a Service (SaaS) for Energy Trading. Their goal is to increase your profitability and reduce risk by quickly identifying and responding effectively to significant business conditions. Their customers consist of multiple Fortune 200 companies and smaller trading organizations alike that have been using their products for several years. Innotap’s software solutions have become integrated into their users real time trading decision processes. The Innotap® RealDeal® Dashboards provide enhanced ISO/RTO data and information required for real time power trading. Current Dashboards include Power PJM Realtime,

Power MISO Realtime, and Power ERCOT Realtime. These tools are designed specifically for the real time trader who requires ‘SPEED’ to always have the fastest data updates, easy access to necessary information, and market alerts for critical conditions that could impact the users trading strategy. Real Time Decision Lifecycle Mangement – Innotap envisions taking the collective knowledge of a trader or trading organization and incorporating it into one application that then collects and analyzes the information, alerts you to potential trades, and concurrently automatically logs the processes for observation in real time or later review.

Copyright 2012 UtiliPoint International, Inc.

31


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook RealDeal Decision Lifecycle:

Define/Organize Specify data sources and event streams, trader defined rules, recommended actions and strategies for immediate processing of complex events, and organize in a trading knowledge base. Collect/Detect Collect data and continuous event streams for real time, automatic detection and valuation of significant opportunities and threats in accordance with trader defined rules and strategies. Monitor/Alert Monitor incoming data for visualization and ad hoc analysis of market conditions, and provide alerts to detected opportunities and threats with recommended responses and supporting data. Decide/Act Process alerts by facilitating quick decision process with clear, timely, relevant information and access to previous instances of similar alerts; and initiating appropriate actions based on the trader’s experience.

Record/Share Record alerts and actions in the knowledge base and share as allowed by the trader, department and organization policies, to serve as reference for subsequent handling of the same alert conditions as well as assessment and adjustment of rules. Appraise/Evaluate Appraise actual value as compared to projected value of actions taken in response to alerts as part of a predetermined evaluation schedule (e.g. monthly, weekly, daily) for individual, group or enterprise review. Report/Improve Utilize reports to present evaluation findings and to add/edit/reinforce rules in order to evolve the knowledge base and improve the trading organizations collective intelligence and increase competitive advantage. Main Office 1018 West 8th Avenue, Suite H King of Prussia, PA 19406 USA 1-610-783-0312 Other Locations None Provided Representative Clients None Provided Website www.innotap.com

Copyright 2012 UtiliPoint International, Inc.

32


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

iOpt, Version 6

IRM (An OpenLink Company) IRM Integriertes Ressourcen Management GmbH Wienerbergstr. 31-39 A-1120 Vienna, Austria

Markets / Geographies Served

Company / Product Information IRM began commercial operations in 1999 with 11 employees. The company quickly established itself as a leading solution provider in Europe with more than 60 clients and a staff of over 120. It was acquired by OLF in 2007. It markets the iOPT Suite which includes iOPT_COMMONS, iOPT_PRO, iOPT_OPT and iOPT_TRADE as well as iOPT_SALES. iOPT_COMMONS combines a set of functionalities available in each of the four large system applications. The business connector is the basis on which all business process fundamentals are parameterized. iOPT_COMMONS controls and supports: • •

Central management of master data and business model information Process automation, monitoring and alarms

• • •

Flexible time series management and formula management Sophisticated reporting system Standardized interfaces for smooth integration into the enterprise infrastructure

Companies trading in energy or producing / converting energy can use iOPT_OPT’s optimization models to maximize revenues and minimize costs. •

The main emphases are put on efficient utilization planning and optimum use of physical and financial portfolio assets,

Copyright 2012 UtiliPoint International, Inc.

33


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

•

hedging against investment risks and maintenance scheduling, profitability analyses of portfolios as well as sensitivity analyses for system parameters such as market prices. iOPT's OPTIMIZATION SCENARIO MANAGEMENT (OSM) offers an integrated system framework to handle several scenarios of input data including their comparison. It is used for what-if analyses, stress testing, and price simulations.

The iOPT_PRO forecasting application enables the estimation of developments of the (gross) load, price and inflow forecasting parameters with different models and methods support planning horizons from the next few hours up to several years. iOPT_SALES provides optimal support for wholesale distribution and the handling of complex multi-commodity requests. iOPT_SALES covers process support in sales trading and transfer pricing, contract management for multi-commodity structures and scenario comparison and contribution margin accounting.

iOPT_TRADE is the trading and portfolio management system of the iOPT family. By fully supporting all front-, middle-, and back-office functions, it covers the complete value chain of enterprises. iOPT_TRADE includes contract registration and handling in different markets. Integrated interfaces to information services and power exchanges permit prompt and secure trading, fully supported by a powerful portfolio and cross-commodity risk management system. Back-office and schedule management functions prepare and provide any necessary reports in accordance with international standards and applicable regulations. Main Office IRM Integriertes Ressourcen Management GmbH Wienerbergstr. 31-39 A-1120 Vienna, Austria +43 1 811 30 – 400 Other Locations Please See the OpenLink Financial Listing Representative Clients AXPO EDF Belgium Eni Power BS Energy Stadtwerke Leipzig Website www.irm.at

Copyright 2012 UtiliPoint International, Inc.

34


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Lacima Analytics Lacima

1 Berkeley Street London, W1J 8DJ United Kingdom

Markets / Geographies Served

Company / Product Information Lacima is a specialist provider of software dedicated to valuation, optimisation and risk management for global energy and commodities markets. Its solutions help organisations to maximise their profit potential and make more informed decisions by providing tools that yield more accurate valuations, hedging analysis and risk exposure analysis for portfolios of financial contracts and physical assets. Lacima’s flagship application “Lacima Analytics” features flexible architecture to afford scalability of functionality to meet the evolving risk and valuation needs of organizations that deal in energy. It handles the full range of simple to sophisticated models and asset types. The application is developed and implemented by peer-recognised experts in energy analytics, offering an unparalleled level of expertise and personalized support. While other systems utilize risk measures to handle basic valuations and position reporting, clients with more complex portfolios (including those with financial contracts and physical assets) and risk needs, turn to Lacima Analytics. It is designed to work seamlessly with other systems, resulting in quick implementation without the need to replace

deal capture systems and databases and can incorporate in-house developed models. Key benefits: • • • • •

Comprehensive functionality for risk management, valuation and optimisation in a single application Modular configuration to pick and choose functionality tailored to your specific needs Works seamlessly with ETRM and other key operational systems Flexible database structure enables changes to input data and hence quick updates to results Quick and cost effective implementation no need to replace any existing deal capture systems

Copyright 2012 UtiliPoint International, Inc.

35


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook • • • • •

Developed and implemented by peer recognised experts in energy analytics Full transparency on risk models, algorithms and valuation methodologies provided Fully auditable for regulatory compliance Scalable to adapt to evolving business needs Unparalleled level of personalised support

Lacima Analytics three primary suites offer a full range of valuation, optimisation and risk management capabilities in a single consistent environment: Valuation and Optimisation Suite Structure, value and hedge portfolios that include standard financial contracts as well as swing, storage, pipeline and generation assets, taking into account their operational flexibility and wide-ranging constraints, with the ability to jointly optimize financial contracts and physical assets. Risk Management Suite Calculate and report a comprehensive range of portfolio risk metrics, taking into consideration the unique behavior of energy prices, the complexities of financial hedge contracts as well as the operational constraints of physical assets. The Risk Suite offers all the key market value and cashflow and creditbased metrics available, including: mark-to-market, delta value-at-risk, historic simulation value-at-risk, monte-carlo value-at-risk, potential future exposure, revenue-at-risk, earnings-at-risk, and cashflow-atrisk.

Portfolio Management Suite Combine complex portfolios of physical assets and financial contracts to enhance value and profit potential. The Portfolio Management Suite offers solutions for portfolio hedge optimisation, gas network optimisation, hydro dispatch, hybrid modeling and cargo shipping. Main Office

1 Berkeley Street London, W1J 8DJ United Kingdom +44 (0) 20 3402 2173

Other Locations Houston +1 713 353 3949 Sydney +61 (2) 9275 8818 Representative Clients • Centrica • Gazprom • National Grid • Noble • Puget Sound • SSE Website www.lacimagroup.com

Copyright 2012 UtiliPoint International, Inc.

36


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Commodity Data Management Morningstar Commodity Data 22 West Washington Street Chicago, IL 60602 USA

Markets / Geographies Served

Company / Product Information Morningstar Commodity Data (formerly LIM) is a provider of data, analytics and research using patented technology and data management solutions to provide its customers with actionable information primarily in the energy, commodities and financial sectors. Morningstars clients are among the world's largest energy concerns, utilities, hedge funds, mutual funds, and banks. Morningstar offers a data warehouse which gathers and distributes data from over 200 separate feeds in the power, oil, gas, commodities, equities, futures and weather markets. Sources include all the major exchanges, independent electricity system operators (ISOs), price providers, major commodity brokers, weather vendors, and other key data services. In addition to gathering, processing, checking, and distributing more than 125 million data records every week, Morningstar provides data management tools that rapidly store and serve up the data.

Morningstar delivers a comprehensive, nearreal time solution for data management. The patented time-series database enables accelerated data storage and retrieval. It provides daily, intraday and tick data values from over 200 sources available in a centralized location. Data is accessed through a wide array of applications and application programmable interfaces (APIs). Tools & APIs Morningstar's complete set of analytics tools and APIs make it possible to provide a company’s entire staff access to the important

Copyright 2012 UtiliPoint International, Inc.

37


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

information they need to make better business decisions. • • • • • •

• • •

Model and evaluate trade opportunities in near-English query language Conduct cross-market analysis Back-test your trading strategies Create charts for energy trading and market research Perform in-depth queries to model market movements Access thousands of pre-defined events and patterns to analyze market movements Build seasonality studies Create comprehensive relationship studies and forward curves Model energy contracts

Commodity Charts - Creates graphs and tables of any data series stored in the Commodity DataServer via point-and-click interfaces allowing a user to easily generate forward curves and model energy contracts and prices. Commodity DataServer Add-in (Microsoft Excel®) - Provides an convenient way to retrieve data from the Commodity DataServer database for use in Excel® spreadsheets.

Commodity Query - analytical software for modeling and evaluating time-series data. With a menu-driven interface that enables creation of near-English queries, Commodity Query is a tool designed to help with a wide variety of tasks related to analyzing data for decisionmaking intelligence. S-PLUS/MATLAB - The Commodity DataServer connects to both S-PLUS® and MATLAB® mathematical tools for creating algorithms, analysis, software simulations, reports and graphs. Application Programming Interfaces - Connect to the Commodity DataServer using Web Services, C/C++, Java, .NET (.NET flavors include C#, J# and VB.NET) and the proprietary BMIM scripting language. Main Office 22 West Washington Street Chicago, IL 60602 USA 1-512-697-3000 Other Locations London Austin, Texas

+44 20 3194 1455 1-512-697-3000

Representative Clients None Provided Website www.morningstarcommodity.com

Copyright 2012 UtiliPoint International, Inc.

38


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

NRGSTREAM TRADER NRGSTREAM

926 5th Avenue S.W., Suite 410 Calgary, Alberta, T2P 0N7

Markets / Geographies Served

Company / Product Information TYMEWARE / NRGSTREAM was founded in 1998. The primary goal was to develop solutions to deliver the vast array of data that Power traders needed into a useable interface. As such, NRGSTREAM developed solutions to transform hundreds of documents published on the internet into normalized data streams. All in real time. NRGSTREAM’s solutions are leveraged by many of the largest banks, utilities and energy companies in the world.

Key Features:

Dynamic customized charting data with push technology, fully interactive ranging, settings and data exposure Advanced data analysis features with views for peak and off-peak, hours strips and different time intervals Instant min/max and rate of change alerts on any stream sent with delivery to audio

• •

and visual pop-ups or any internet destination Advanced data manipulation with customized spreads, ratios and aggregate representations Scheduled and on-demand data extract capabilities to your local database Instant access to our entire portfolio of energy information Create detailed real time charts to monitor indicators such as unit generation, demand, pricing and weather

Copyright 2012 UtiliPoint International, Inc.

39


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook •

• • •

Explore the relationships between critical market drivers like transmission flows, regional constraints and ancillary services Provides active alert capabilities of notification when pre-defined limits are breached in custom spreads or rates of change Monitor information from different regions and commodities with a consistent interface Charts can be created from any combination of available streams including supply, demand, price, transmission and weather in neighboring regions One’s charts will always represent the most current view of real-time market activity Overlays can include historic periods for any streams Explore the relationships between critical market drivers like transmission flows, regional constraints and ancillary services Active alert capabilities to notify one when pre-defined limits are breached in custom spreads or rates of change

Trader utilizes the Panel feature to quickly and efficiently create real-time panels to represent any combination of streams. The Trader interface extends our alerting capabilities with dynamic visual and auditory alerts. Create detailed real-time charts to monitor indicators like unit generation, demand, pricing and weather. As with all of NRGSTREAM’s services, Trader is offered on a subscription basis. This means no initial investment and no implementation time lag. Main Office 926 5th Avenue S.W., Suite 410 Calgary, Alberta, T2P 0N7 1-403-276-1398 Other Locations None Provided Representative Clients None Provided Website www.nrgstream.com

Copyright 2012 UtiliPoint International, Inc.

40


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

webRisk OATI

3660 Technology Drive NE Minneapolis, MN 55418 USA

Markets / Geographies Served

Company / Product Information OATI has been providing system critical and trade-related solutions to the energy industry for more than sixteen years. OATI is currently one of the leading software providers to the energy industry with more than 1,200 customers across numerous functional areas and throughout North America. OATI continues to provide innovative solutions to the energy industry to meet challenges in energy scheduling, trading, risk management, transmission and congestion management, Smart Grid, and compliance monitoring. OATI webTrader, webRisk, and webSettlementPro comprise the OATI CTRM solution which provides a complete and integrated commodity trading and risk management solution. It offers a single point of entry for data and fully integrated interfaces to support the transaction management process

for energy markets, including strategy assessment, e-Tagging, scheduling, OASIS management, deal management, mid-office confirmations, risk analytics, credit analysis, market settlements, hedge effectiveness, and reporting. webRisk, the OATI Risk Solution, is a fully integrated market and credit risk system built on a common platform that approaches risk from an energy perspective. webRisk offers a price mean reverting model with a seasonality function while using actual forward market quotes to build accurate energy based forward price curves. The system will support a wide

Copyright 2012 UtiliPoint International, Inc.

41


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

variety of user defined time buckets, including daily, weekly, monthly, quarterly, and annual periods. System users will receive real time limit warnings from the market and credit risk monitoring system which will provide increase response for violations and greater system transparency. OATI's webRisk solution provides visibility into a company's market risk hot spots. OATI webRisk provides a forward price curve builder that generates daily energy prices for both liquid and non-liquid markets. This seasonallyadjusted price builder combined with the system's flexible time bucket structure provides for accurate and dependable mark-to-market and value-at-risk calculations. The Credit Risk functionality is designed to provide tools that facilitate the daily tasks of credit managers and analysts on the trading floor from establishing credit limits to calculating credit exposures. webRisk also provides the calculation of potential future exposure combine with current exposure which gives credit professionals a total picture of the counterparties credit exposure. Through flexible report writer and drill-down capabilities, the company's employees can effectively monitor compliance with established

risk limits. Regulatory and financial report (FASB) are also covered by the solution. webRisk provides users with an effective tool to monitor the credit risk exposure and the potential future credit exposure for counterparties. The solution delivers a comprehensive credit scoring and credit rating model that provides users with an effective means to monitor the credit worthiness of its business counterparties. webRisk Enterprise Risk Assessment module provides earnings-at-risk and cash-flow-at-risk calculations for trading, asset and structured product portfolios and by combing the portfolios to yield enterprise wide view. Main Office 3660 Technology Drive NE Minneapolis, MN 55418 USA 1-763-201-2000 Other Locations None Provided Representative Clients None Provided Website www.oati.com

Copyright 2012 UtiliPoint International, Inc.

42


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

webTrader Power OATI

3660 Technology Drive NE Minneapolis, MN 55418 USA

Markets / Geographies Served

Company / Product Information OATI has been providing system critical and trade-related solutions to the energy industry for more than sixteen years. OATI is currently one of the leading software providers to the energy industry with more than 1,200 customers across numerous functional areas and throughout North America. OATI continues to provide innovative solutions to the energy industry to meet challenges in energy scheduling, trading, risk management, transmission and congestion management, Smart Grid, and compliance monitoring. OATI webTrader, webRisk, and webSettlementPro comprise the OATI CTRM solution which provides a complete and integrated commodity trading and risk management solution. It offers a single point of entry for data and fully integrated interfaces to support the transaction management process for energy markets, including strategy assessment, e-Tagging, scheduling, OASIS management, deal management, mid-office

confirmations, risk analytics, credit analysis, market settlements, hedge effectiveness, and reporting. The OATI webTrader Power solution provides a comprehensive physical trade capture, scheduling, and settlement solution for the power markets within North America. OATI webTrader Power supports all North American ISO/RTO Markets for transactions, shadow settlements, and a communications infrastructure to serve both Front and Back Office operations. The solution's modular design allows all user actions to be made within a unified OATI system that will act as the primary trading platform for the various external markets.

Copyright 2012 UtiliPoint International, Inc.

43


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

OATI webTrader Power integrates with the necessary physical scheudling systems including OATI's e-Tagging service and the various OASIS nodes. This allows a single solution to provide all physical trading, scheduling, and settlement within any bi-lateral or RTO market. As part of the ongoing service to customers, OATI assumes responsibility to ensure that the proposed solution is compliant with changing market rules and industry standards by providing regular updates and to the various interfaces with the external markets. The webTrader Gas solution provides trading in RTO/ISO markets, financial markets and EDI connectivity to gas pipelines. The CTRM solution maintains Real-Time positions via reports and displays, as well as back-office settlements for both counterparty settlements, RTO/ISO, ICE, and Gas Settlements. OATI solutions have a complete audit trail that captures user entries within the system.

webTrader Gas provides reporting capabilities for all aspects of the CTRM solution, including risk, scheduling, accounting, checkouts, and user configurable reports. webTrader Gas is a NAESB-compliant system that manages the operations of gas transportation and trading operations. The solution also supports gas pools and storage, and includes configurable rate matrixes. The solution provides a real-time assessment of physical and financial positions, as well as generation of invoices and remittance letters electronically that can be sent directly to counterparties from the system. Main Office 3660 Technology Drive NE Minneapolis, MN 55418 USA 1-763-201-2000 Other Locations None Provided Representative Clients None Provided Website www.oati.com

Copyright 2012 UtiliPoint International, Inc.

44


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Endur

OpenLink

1502 RXR Plaza , 15th Floor – West Tower Uniondale, NY 11556-1502 USA

Markets / Geographies Served

Company / Product Information Founded in 1992, OpenLink is a global provider of cross-asset trading, risk management, related operations processing and portfolio management software solutions for the commodity, energy and financial services markets. OpenLink's client base of more than 350+ customers worldwide includes 12 of the top 25 largest commodity and energy companies by market capitalization, eight of the largest financial institutions and 11 of the largest central banks, as well as major hedge funds, commodities companies and public utilities. Headquartered on Long Island, New York and with offices in New York City, Houston, London, Berlin, Vienna, São Paulo, Sydney, Singapore, Moscow and Toronto, OpenLink has more than 1,000 employees worldwide. Endur is the primary product line that covers both the Energy and Commodity trading and risk management areas. The Endur product line provides a full featured integrated end-to-end solution for

companies engaged in financial and physical trading, and physical movement and management of commodities. Endur’s cross-asset coverage supports a range of markets including: Electricity, Natural Gas & Natural Gas Liquids (NGLs), Crude Oil, Refined Products, Coal, Emissions, Precious/Base Metals, Agricultural, Pulp and Paper, Soft Commodities and Weather. Endur also supports the composition hybrid commodity-energy-finance products via its Hybrid Toolset. Although the primary usage of Endur is related to physical and financial commodities, Endur also natively supports financial products from other asset classes, including rates, currencies, credit, equities, and fixed income. Most Endur clients are using some portion of these asset classes, and it significantly enhances the value proposition by having the option to use these natively, without the need for costly integration projects and separate

Copyright 2012 UtiliPoint International, Inc.

45


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

systems. Endur is a scripted application and some of the features of the solution include: Front Office – Supports deal capture and includes Prospective Analysis which simulates trades to better view positions in the marketplace, manage contracts and report the full range of risk and positions from execution through closing, Custom Calculations allowing users to script their own custom risk calculations so that they can become fully embedded into all functionalities of the system and Curve Building, which allows users to build their own pricing curves and set up defaults without restrictions. Middle Office – Allows users to base risk evaluations, including VaR, on full valuations. Computations are performed at the instrument level capturing all market-specific and structuring related activities enabling accurate calculation of exposures, sensitivities, and “what if” risks analytics. Back Office - Offers full security and audit ability to what has changed, when, and why. One database enables drill-downs from anywhere in the system. Real-time cash management, exception and rulebased processing, interest rate fixing, sub-ledger posting and messaging with open interaction to external and internal systems. Logistics – OpenLink offers pMotion for power, gMotion for natural gas, and cMotion for bulk commodities as embedded options products.

All "Motion" applications deliver logistics environments developed to meet current and future markets. Main Office 1502 RXR Plaza , 15th Floor – West Tower Uniondale, NY 11556-1502 USA 1-516-227-6600 Other Locations New York Houston London Berlin Vienna Singapore Sydney Sao Paulo Moscow Toronto Dubai

1-212-641-8787 1-713-655-9600 44 20 7382 1920 49 30 2233 1150 43 1 811 30-0 65 6593 0800 61 2 9229 8300 55 11 3085 8500 7 (495) 644 0941 1-800-361-2114 971 (0) 4 401 9578

Representative Clients Apache BP Hess Corp. Shell Petronas Website www.OpenLink.com

Copyright 2012 UtiliPoint International, Inc.

46


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

RightAngle,dbcSmartSoft,OASES OpenLink

1502 RXR Plaza , 15th Floor – West Tower Uniondale, NY 11556-1502 USA

Markets / Geographies Served

Company / Product Information Founded in 1992, OpenLink is a global provider of cross-asset trading, risk management, related operations processing and portfolio management software solutions for the commodity, energy and financial services markets. OpenLink's client base of more than 350+ customers worldwide includes 12 of the top 25 largest commodity and energy companies by market capitalization, eight of the largest financial institutions and 11 of the largest central banks, as well as major hedge funds, commodities companies and public utilities. Headquartered on Long Island, New York and with offices in New York City, Houston, London, Berlin, Vienna, São Paulo, Sydney, Singapore, Moscow and Toronto, OpenLink has more than 1,000 employees worldwide.

OpenLink Financial acquired Solarc and its product RightAngle in Nov. 2011. SolArc was founded in 1991 launching its RightAngle product in 1994. RightAngle is an integrated software solution for commodity procurement, tracking and risk management across a range of industries including energy, food and beverage, investment banking and transportation. Solarc’s primary clients dealt in petroleum, NGLs, natural gas and coal to investment banking, transportation, and food and beverages.

Note: Displayed on this page and the next, are Matrices detailing Functionality for three business units owned by OpenLink Financial.

Copyright 2012 UtiliPoint International, Inc.

47


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

OpenLink Financial acquire dbc SMARTSoftware and its product SmartSoft in 2010. SmartSoft specializes in providing a complete CTRM solution for companies engaged in trading and physical movement and management of agricultural products and Biofuels.

OASES combines the SMARTsoft solution, for deep physical commodity management, with Endur / RiskPak, for complex derivatives, risk management and global position reporting, to provide a single solution for local commodity management, particularly at the physical facility, as well as global corporate management and oversight.

The solution can be either used fully integrated with OpenLink Endur (end-to-end agricultural trading, movement and risk management) or as a standalone solution for purely agricultural clients.

Copyright 2012 UtiliPoint International, Inc.

48


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

SettleCore

Power Settlements Consulting and Software, LLC 250 West First Street, Suite #256 Claremont, CA 91711 USA

Markets / Geographies Served

Company / Product Information Power Settlements was in founded in 2007. The company is comprised of software developers and business consultants who specialize in assisting energy companies with analyzing and automating the settlements process by providing products to end users that participate in the ISO and RTO physical power markets. Power Settlements software solutions seek to provide settlement analysts the tools and knowledge to simplify the complexities of calculating settlements and to automate manual processes, which provide these professionals more time to focus on analysis and other value added functions for their company. The SettleCore system is a modular-based system which allows customers to select only the desired modules. The software is a fully

integrated solution that is a single application with a single user-login. SettleCore includes security roles and has full audit trail functionality. It includes built-in business intelligence and analytics functionality for performing on-demand visual analysis of the large quantity of ISO data. SettleCore includes a comprehensive set of reporting features and includes built-in pivot tables to allow the users to quickly analyze their data. Functionality required for ISO interaction includes scheduling, downloading dispatches, awards, prices, settlement files, performing

Copyright 2012 UtiliPoint International, Inc.

49


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

shadown settlements and allocations, and tracking ISO disputes.

All future ISO initiated market changes that affect existing SettleCore functionality are updated at no additional cost to the customer.

SettleCore Shadow Settlement System: • •

• • •

The software solution is installed at the clients site Includes the ISO Downloader for automated API downloads of the clients CAISO data, including ADS, BAPI SFTP, CMRI, OASIS, OMAR, PIRP Forecast, and SLIC Includes screens to view the data downloaded by the ISO Downloader Includes more than 20 standard reports Includes a shadow settlement routine that can estimate the CAISO charge code after the close of the day Includes a validation routine that validates all charge codes that cannot be shadow calculated on T + 1 Includes dispute functionality that flags the potentially disputable CAISO transactions. The users are then able to generate an Excel® workbook with the supporting data for the dispute, as well as track the dispute by CAISO dispute number

SettleCore is utilized by independent generators, hedge funds, investor owned utilities and municipalities. Main Office 250 West First Street, Suite #256 Claremont, CA 91711 USA 1-909-447-5900 Other Locations None Provided Representative Clients City of Anaheim City of Azusa City of Pasadena City of Riverside Comisión Federal de Electricidad (CFE) Complete Energy Holdings Entegra Power Sacramento Municipal Utility District Shell Energy North America Southern California Edison Website www.powersettlements.com

Copyright 2012 UtiliPoint International, Inc.

50


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

QT Market Center

QT Information Systems

141 W. Jackson Blvd., Suite 1255A Chicago, IL 60604 USA

Markets / Geographies Served

Company / Product Information QT Information Systems was founded nine years ago with a mission to fill a void in the marketplace for accurate and timely commodity news and information. The goal was to provide tools and services for industry-related professionals in an intuitive and easily navigable format. Since it launched its first quote and charting platform in 2003, QT Info has evolved into a one-stop source for commodity information, providing everything from quotes and government reports to weather updates, market analysis, radio commentary, and mass calling services. Offering a complete database of news, analysis and statistics, QT has grown into a viable and complete agricultural commodities software solutions provider, servicing large corporations and Fortune 500 companies in North America, and abroad.

Located in the 12th floor atrium of the Chicago Board of Trade, QT is in constant contact with numerous sources in exchanges and trading floors across the country and around the world. Working with a diversified network of seasoned analysts and market experts, it is able to collect the critical current and accurate information required in the marketplace and deliver it directly to the end users PC. QT Information Systems offers sophisticated quote and charting platforms complete with all the tools necessary to accommodate the active trader. Get real time quotes, critical commodity

Copyright 2012 UtiliPoint International, Inc.

51


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

news, government reports, and advanced charting capabilities with multiple tools and studies. Additional Features: Messaging • Upload multiple contact lists • Send a text message, an email or an instant message -- or send all three, all at once • Notify contacts of grain bids, market comments or other critical information Resource Center • Archived USDA data and government reports • View private research reports on a variety of markets • See daily market data • View audio and video presentations MC Audio • White label customers can provide their own audio clips to clients via MC Audio

• •

Commentators record updates throughout the day; clips are broadcast to clients on the MC Supplement in-house commentary with market weather updates from two leading meteorologists to provide clients with a custom stream of news and analysis

FuturesLine Audio (Add-on Feature) • Streaming and archived audio market commentary • Technical and fundamental analysis • Cash grain information • Full market coverage • Access to professional traders, economists, meteorologists, CTAs, three different technical chartists, and fundamental experts Special Feature Add-ons • Order entry • FuturesLine • Mobile website access • Exchange fees for live data • QT Weather Map Alerts Main Office 141 W. Jackson Blvd., Suite 1255A Chicago, IL 60604 USA 1-800-240-8761 Other Locations None Provided Representative Clients None Provided Website www.qtinfo.com

Copyright 2012 UtiliPoint International, Inc.

52


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

SoftSmiths TMS SoftSmiths, Inc.

10696 Haddington Drive, Suite 102 Houston, Texas 77043 USA

Markets / Geographies Served

Company / Product Information Founded in 1997, SoftSmiths offers enterpriseclass, subscription-based Software-as-a-Service (SaaS) solutions for energy businesses, combining a lower cost of ownership with an innovative approach to business applications. SoftSmiths delivers energy trading, operations, and settlement solutions designed for today's energy marketing and load serving organizations and the way they conduct their business. Delivered in The Cloud, SoftSmiths offers an alternative to legacy ETRM systems. SoftSmiths TMS provides a single platform integrating front to back office and substantial functionality for energy trading, scheduling and accounting. It is composed of a set of components and tools used to build transaction-based applications, especially those that involve time-sequenced data, such as energy trading and scheduling, with multi-tiered business logic layers including web services,

XML data adapters and enterprise application services. SoftSmiths TMS is an integrated, scalable, and adaptable solution that provides ready-todeploy, out-of-the box functionality that is highly configurable and customizable to meet a company’s unique requirements. As a result they eliminate redundancies and increase business visibility across the enterprise to allow faster decision-making and more informed decisions, thereby improving trading cost, operational efficiencies and cash flow, and increase asset value.

Copyright 2012 UtiliPoint International, Inc.

53


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

SoftSmiths TMS suite provides the following functionality: Front Office • Load Forecasting • Resource Management • Real-Time and Term Trading • Multi-Commodity Deal Capture • Net Position, ‘What-If’ Impact Analysis • Volume and Mark-to-Market Reporting • Power & Gas Scheduling • ISO/RTO bid/scheduled submission • Transmission Reservation Management • NERC Electronic Tagging • Gas storage management • Transport management • Risk management Middle Office • Operational and resource constraints • Calculated Cost Associated with Noncompliance • Controls and Monitoring • NAESB Compliant • Nominations • Pipeline Imbalances

Back Office • Settlement (including ISO/RTO) • Invoicing (including ISO/RTO) • Payment Tracking • Reporting • Contract Management • Confirmations SoftSmiths utilizes a “Subscribe and Publish” architecture in a multi-tiered client server environment to allow users to request information and receive updates dynamically. It utilizes the Oracle DBMS. Main Office 10696 Haddington Drive, Suite 102 Houston, Texas 77043 USA 1-713-626-9184 Other Locations Austin, TX Portland, OR Representative Clients BP Alternative Energy ElectiCities Anaheim Public Utilities Indianapolis Power & Light New Brunswick Power Website www.softsmiths.com

Copyright 2012 UtiliPoint International, Inc.

54


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

MarketMap Energy

SunGard Financial Systems

340 Madison Avenue, Floors 6,7 & 8 New York, NY 10173 USA

Markets / Geographies Served

Company / Product Information SunGard Financial Systems is a division of SunGard, a company with a 25+ year history of providing software solutions. This division provides a variety of software solutions to institutions in virtually every segment of the financial services industry, including energy and commodities. SunGard Financial Systems provides three software solutions to the energy and commodities markets. Two of the three, Aligne and Kiodex, have been detailed in CommodityPoints CTRM SourceBook. The third is a software solution named MarketMap Energy. The MarketMap Energy family includes MarketMap Feed Energy, MarketMap Analytic Server (Energy), and MarketMap Energy. With MarketMap Energy one has all the tools required to manage, manipulate, and analyze energy and commodity data. MarketMap Energy is a web-based interface designed to help clients of all technical levels easily navigate, chart, and analyze energy market data. The modular “plug and play” design allows organizations to purchase and use only those tools and functionality needed, simplifying deployment and controlling costs. Each tool is developed to be highly

customizable and configurable without the need for custom consulting work, saving both time and money. The power of MarketMap Energy comes from a collection of eight Modules. Modules For Data Analysis: Analysis Module - this module gives the end user the ability to execute standard and proprietary analysis. Additionally, it supports keyword searches and data charting. Any analysis can be saved and reused, quickly refreshed with new data as it is available. The powerful charting and data visualization capabilities further enhance analysis, helping users quickly identify anomalies. The module’s enhanced chart options include: • •

Standard column and line graphs Ability for users to change charts by simply clicking on an image

Copyright 2012 UtiliPoint International, Inc.

55


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook • • •

3D charting with zoom, rotate, and data subtraction for unique views Pie, Donut, Bar, Area, and Combination Charts Plimsoll and Candlestick Charting

Formulas Module - this module makes building formulas easy with drop and drag capabilities. End users can create new formulas with saved expressions or by leveraging any of the 100-plus time series functions that are included. Formulas can be saved and reused or even shared across the enterprise. • •

• •

Saved Expressions – save and reuse with other formulas. Create one’s own variables in addition to application-defined variables Function Wizard – more than 75 powerful functions available to perform complex calculations on any time series data, without programming Nested Formula – drag and drop formulas to create nested formulas Series – drag and drop series into expressions for calculations

Advanced Formulas Module: This module takes formulas to the next level with a powerful rule definition tool that lets the end user apply specific rules to existing formulas for deeper analysis.

Modules For Data Management: Export Module - this module enables users to export market data or their own proprietary data for use in downstream systems, without the need for technical skills. Import Module - this module makes the importation of a user’s time-series data into Energy Server 4 easy, requiring virtually no technical skills. Reporting Module - this module is a new addition to MarketMap Energy. It provides usage reporting across a number of criteria, such as users, groups, and locations, all of which helps with compliance and transparency. Validation Module - this module offers a way for users to validate market data, or their own data, stored within MarketMap Energy Server 4. It looks for spikes, gaps or repeats in data, alerting the user of any anomalies. Permissioning Module - this module controls access to data. Permissions can be set controlling users and data access. Examples of permissions that can be set include individuals or groups, data types, data vendors, or even data series. Main Offices 340 Madison Avenue, Floors 6,7 & 8 New York, NY 10173 USA 1-800-825-2518 Other Locations Switzerland EMEA Singapore Hong Kong

+41 44 560 8530 +44 20 8081 3110 +65 6308 8000 +852 3719 0800

Representative Clients None Provided Website www.sungard.com

Copyright 2012 UtiliPoint International, Inc.

56


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

ProphetX 3.12 Telvent DTN

9110 West Dodge Road Omaha, NE 68114 USA

Markets / Geographies Served

Company / Product Information Telvent is a global IT solutions and information services provider in several key industries including the energy, transportation, agriculture and environment sectors. Telvent is a dominant information systems provider in several key industries which include: •

Every energy company in the Fortune 100 relies on Telvent systems to manage their businesses. Telvent systems now manage more than 60 percent of the total hydrocarbon movements in North American and Latin American pipelines. Around the world, Telvents intelligent transportation systems control traffic at 9,000 intersections used by 195 million drivers per day; they manage the journey of over 2.5 billion passengers per year on train and metro networks; and ensure efficient departure and arrival of more than 700 million airline passengers annually. Their systems control the transmission and distribution of over 140,000 GWh through electrical grids serving millions of people in large and small markets all over the world.

• • •

The government of Spain uses Telvent systems to control the entrance of more than 50 million people a year. They manage water distribution to millions of people in Europe, Northern Europe, North America, Latin America, and the Middle East. In agriculture, Telvent provides customized, business-critical marketing, production and management information to 700,000 customers across the North American grains and livestock complex. In Europe and South America, Telvent manages IT infrastructure for more than 350 companies through state-of-the art data centers network.

Copyright 2012 UtiliPoint International, Inc.

57


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Telvent currently has over 6,000 professionals working in 17 corporate offices worldwide, all dedicated to advanced solutions that improve security, efficiency and sustainability for people throughout the world. ProphetX is Telvent DTN's flagship market information services workstation that serves more than 650,000 subscribers for reliable and accurate market intelligence services. Features and Functionality: Complete Views ProphetX conveniently allows one to link together information, simply by dragging and dropping it into a Microsoft Excel® spreadsheet or within the ProphetX client itself for up-close monitoring, charting history, and full details. Pricing information updates in real-time. Order Execution Through their partner CQG’s ultra-fast, stable exchange connectivity, a user can execute futures orders while viewing charts, quote sheets, and options. Processing is fast and accurate with both a DOM trader and an Order Ticket user interface. Trade and manage multiple accounts across multiple FCMs with a single login. Robust Reliability ProphetX accesses market data through their own state-of-the-art, multi-redundant ticker plants and quote servers. Specific new enhancements include improved redundancy and fail over capabilities, a proprietary tick-scrubbing process, faster quote data, and news processing systems.

Advanced tools and analytics The “linked display” found within ProphetX means traders have tools that filter data to create a strong contextual relationship between quote displays, charts, and industry news. ProphetX provides calculated spreads in both bar chart and market profile displays. An Excel add-in allows one to create Excel spreadsheets with live market data directly from tool bars and widgets within Excel. Get oneclick access to charts of Greeks, Implied Volatility, Volume and Open Interest for options to help one analyze positions and strategies, and determine fair value pricing. Forward Curves charting provides an over the horizon look at where prices are trending and at the seasonal impact on prices to help a user make long term pricing decisions. Subscribe to all U.S. futures and U.S. equity exchanges, major European futures exchanges, and FX from Barclays, Tenfore or FXCM. New exchanges are being added regularly, and Telvent is quick to respond to your specific data requirements. Main Offices 9110 West Dodge Road Omaha, NE 68114 USA 1-402-390-2328

11400 Rupp Dr. Burnsville, MN 55337 1-800-328-2278

Other Locations Houston, TX France Singapore Brazil Germany Russia Switzerland United Kingdom

1-281-589-3234 +33 9 6133 2828 +65 9299 5077 +55 11 3816 4211 +49 607 173 7791 +7 916 635 6300 +41 78 879 4454 +44 845 324 5276

Representative Clients None Provided Website www.telvent.com

Copyright 2012 UtiliPoint International, Inc.

58


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

TransRisk

TransGraph Consulting Pvt. Ltd.

6-3-655/2/1, AP Civil Supplies Bhavan Lane, Somajiguda Hyderabad, Andhra Pradesh - 500082, India

Markets / Geographies Served

Company / Product Information TransRisk, a web-based market risk management solution, provides manufacturing, processing and trading companies with a customizable commodity and currency risk management solution. It derives net exposures based on the business process and allows users to have single accurate, view of exposures, market-to-market P&L and Value-at-Risk (VaR) across the organization, thereby bettering the synchronization of business strategies.

• Simulates risk using stress testing and whatif scenario by editing necessary volatilities and correlations

• It calculates risk by VaR based risk engine using different methodologies like MonteCarlo, Historical & Parametric.

• Generates pre-configured risk and compliance reports using OLAP (online analytical processing) tool

• Uses Conditional (EWMA) and Unconditional Volatility and Correlations

• Technical analysis is done on TransGraph's proprietary data

• Analyses risk by commodity / portfolio / trader / market / instrument / asset types and drills down into portfolio to find the cause of significant change in the risk

• Custom commodity / risk management policy/region exposure / trader / M2M / P&L limits can be set to get automated alerts

Copyright 2012 UtiliPoint International, Inc.

59


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

• Built on distributed n-tier application using web-based AJAX technology • User and menu level security is provided using .NET advanced security level features, keeping track of complete audit log of all users Main Features of TransRisk v3.0: • SaaS (Software-as-a-Service) based model for delivery of the product and pricing • Risk return analysis • Options & Swaps analytics • Back testing • Data loader Management (price, excel, position) • Reports : Static & OLAP • Measuring risk using VaR methodology (Monte-Carlo Simulation, Parametric and Historical Simulation. • Alerts & Limits • Simulation module for simulating position data & risk measurement covering user requirements of Stress-testing, Scenario Analysis and What-if Analysis

• Risk Decomposition • Volatility and Correlation Estimations using EWMA (Exponentially Weighted Moving Average) and Unconditional Methodologies • Mapping & prioritizing positions for Securities Main Office 6-3-655/2/1, AP Civil Supplies Bhavan Lane, Somajiguda Hyderabad, Andhra Pradesh - 500082, India +91 40 3068 5000 Other Locations None Provided Representative Clients None Provided Website www.transgraph.com

Copyright 2012 UtiliPoint International, Inc.

60


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Commodity XL

Triple Point Technology 301 Riverside Avenue Westport, CT 06880 USA

Markets / Geographies Served

Company / Product Information Triple Point Technology is a provider of software to manage commodities and enterprise risk. The company provides solutions to address the complex commodities value chain: mining, buying, selling, trading, and procurement; enterprise risk management; scheduling and logistics; storage; processing; and settlement and accounting. Triple Point’s Commodity Management platform enables over 300 customers in over 35 countries to profitably manage exposure to energy and raw materials across industries, including energy, metals, minerals, agriculture, transportation, shipping, consumer products (CP), discrete manufacturers, and big box retailers. Founded in 1993, the company employs over 800 staff in 14 offices and support centers around the globe. Triple Point’s flagship commodity management platform, Commodity XL™, is the leading multimarket commodity trading and enterprise risk management solution. It meets all requirements for supply, trading, marketing, procurement, logistics, freight operations, scheduling, risk management, and accounting in today’s volatile and complex

environment; manages the four key areas of risk: market, counterparty credit, operational, and regulatory; delivers a multi-commodity platform; provides advanced business intelligence for proactive decision-making; provides market-based supply chain solutions to profitably schedule and move commodities; handles commercial vessel operations and freight risk management; supplies straight-through processing and integrates physical and financial operations; ensures compliance, control, and audit-ability; and delivers scalability with an advanced service oriented architecture (SOA).

Copyright 2012 UtiliPoint International, Inc.

61


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Commodity trading, sourcing, and risk management Commodity XL™ integrates physical and financial markets on a real-time platform for commodities including power, oil, gas, coal, emissions, metals, agricultural products, biofuels and freight. Commodity XL meets all requirements for supply, trading, marketing, procurement, logistics, scheduling, risk management, and accounting in today’s complex markets.

Mining supply chain Triple Point's mining supply chain solutions manage the tonnage, quality, and value of coal and mineral supply chains from "pit" to the point of export, import, or consumption. They optimize all aspects of the mining supply chain including mine planning and scheduling, material tracking, logistical movements, 3D stockpile modeling, grade control, and blend management for coal and other minerals.

Notably, in August 2012 Triple Point announced several Mobile Commodity Management applications for the iPhone and iPad. These are: Mobile Commodity Trader; Mobile Voyage Estimator; Mobile Inventory Navigator; Mobile Management Dashboard; and Mobile System Console.

Main Office 301 Riverside Avenue Westport, CT 06880 USA 1-203-291-7979

Treasury and regulatory compliance Triple Point’s treasury solution ensures compliance with hedge accounting and fair value disclosure standards ASC 815 (FAS 133), IAS 39 (IFRS 9), CICA 3865, AASB 139, SAS 133, ASC 815-10 (FAS 161), ASC 820 (FAS 157) and IFRS 7. Counterparty credit risk management Triple Point’s credit risk system manages the "Five C’s" of credit risk (counterparty management; collateral optimization; contract management; concentrations; and credit analytics) within a single, transparent platform. The system provides real-time visibility into credit exposure and captures a 360 degree view of counterparty relationships. Chartering and vessel operations Triple Point provides software to manage commercial vessel operations, including all chartering, post-fixture activities and freight risk management. Confirmation management Commodity XL has extended straight-through processing to include electronic confirmation matching for both EFET eCM and ICE eConfirm standards.

Other Locations Cape Town Johannesburg Parsippany Houston Geneva São Paulo Singapore Belo Horizonte Chennai Pune London Newcastle Vienna Quebec City

+27 21 883 8060 +27 (0)11 021 3883 1-973-244-1661 1-713-334-9339 +41 (0)21 825 5656 +55 11 3568 2422 +65 6238 6221 +55 31 2519 8644 +91 44 43 40 2900 +91 20 30 20 6000 +44 (0)20 7065 7650 +61 (0)2 4908 2222 +43 18 9030 4090 1-418-687-6385

Representative Clients • UBS • General Mills • Hess Corp. • Tenessee Valley Authority • Olendorff • Peabody Website www.tpt.com

Copyright 2012 UtiliPoint International, Inc.

62


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

EPM Suite Ventyx

400 Perimeter Center Terrace, Suite 500 Atlanta, GA 30346 USA

Markets / Geographies Served

Company / Product Information Ventyx, an ABB company, delivers asset management, mobile workforce management, energy portfolio management, and customer care solutions to energy, utility and communications firms around the world, as well as to asset-intensive customers in select commercial markets. Ventyx’s Energy Portfolio Management (EPM) supports the commercial operations of power and gas companies from strategic planning through operations to settlement and billing including: Market Intelligence Ventyx Velocity Suite provides analysts with the ability to quickly evaluate the activities of market participants and industry dynamics across commodities using a single integrated solution. Using Ventyx Velocity Suite, analysts may concurrently look at coal production, daily gas prices, plant capacity factors, weather normalized loads and transmission.

Fundamental Market Analysis Ventyx PROMOD IV is a Fundamental Electric Market Simulation solution which incorporates extensive details in generating unit operating characteristics, transmission grid topology and constraints, and market system operations to support economic transmission planning. A generator and portfolio modeling system, Ventyx PROMOD IV provides nodal Locational Marginal Price (LMP) forecasting and transmission analysis by producing algorithms that align with the decision focus of management.

Copyright 2012 UtiliPoint International, Inc.

63


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Market Forecasting Nostradamus is a neural network, short-term demand and price forecasting system, designed for electric and gas utilities, system operators and power pools, cooperatives, energy marketers, and gas pipelines. Portfolio Optimization Ventyx Planning and Risk is a portfolio management solution that enables electric utilities, generation companies, retailers, and trading organizations to consistently analyze and review all of their existing and potential assets within one tool. With Ventyx Planning and Risk, organizations can analyze, report, and actively manage all assets, including power plants, customer loads, fuels, and contracts. By combining generation asset evaluation, contract evaluation (both physical and financial), and customer loads in one module, organizations can dramatically improve the efficiency and consistency of budgeting, planning, and reporting analysis.

Ventyx Generation Operations optimizes a portfolio’s operation by modeling detailed unit operating constraints and market conditions to provide a generation schedule for energy and ancillary services, fuel nominations, support the evaluation and pricing of potential short-term transactions, and facilitate the analysis and simulation of deterministic scenarios. Market Communications and Settlements The nMarket Suite offers a seamlessly integrated, bid-to-bill transaction management platform for bidding, position management, nomination/scheduling, dispatch, settlement and reporting. As a result of seamless front to back-office integration, users get all the efficiency, accuracy and superior audit trail of straight-through processing. nMarket’s modular design and standard APIs make it easy to integrate with legacy or third-party energy trading and risk management products while allowing one to deploy front and/or back-office functionality when and where required. Main Office 400 Perimeter Center Terrace, Suite 500 Atlanta, GA 30346 USA 1-678-830-1000 Other Locations UK France Japan South Africa

+44 1483 722777 +33 13930 1717 +81 3 5275 2634 +27 12 665 3600

Representative Clients None Provided Website www.ventyx.com

Copyright 2012 UtiliPoint International, Inc.

64


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

ZEMA Suite

ZE PowerGroup, Inc.

130 – 590 No. Two Road Richmond, British Columbia V7C 4R9

Markets / Geographies Served

Company / Product Information Established in 1995, ZE Power Group, Inc. is a company with global presence, international offices and a continuously growing list of international clients that range in size from small companies to multi-commodity global-scale organizations. Their clients are diverse and span small hedge funds to members of the Fortune Global 500, Global 500 and the Forbes 2000 lists. ZEMA is an enterprise data management suite designed for collecting data and performing complex analysis. ZEMA replaces fragmented data collection and analysis processes with a sophisticated, unified and automated data management system. It is comprised of the following suites: Data Manager • Industry standard platforms • Flexible Scheduling • Execute jobs programmatically • Open Architecture Site Licensed Database • Import data from subscription, public and data sources • Logging, notifications and messaging support • Optional development API available • Data agnostic data collection – time series and non-time series

• • •

Multi-threaded for concurrent downloading Service based application Metadata layer for organizing information

Data Validation • Reports on completeness, correctness and timeliness • Customizable validation routines • Works on external and internal datasets • Create custom watch lists • View data profiles • Validates in real time or as scheduled jobs • Main screen dashboard to give details of data status • Ability to filter and sort on multiple conditions

Copyright 2012 UtiliPoint International, Inc.

65


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

Market Analyzer • Create interactive graphs and tables • Perform multiple data source alignment of differing types • Create forward curves • Apply complex formulas and pre-defined analytics • Save, share and retrieve analysis for future use • Aggregate, interpolate and extrapolate data • Create scenarios, case statements and alerts • Export results to multiple formats Curve Manager • Create simple or complex curves with an intuitive interface • Validate and edit curves • Create versions of data points and curve logic for auditing • Apply customizable data properties and mapping to curves • Fully automate integration with third party systems • Create curve templates for curves with identical business logic • Apply permissions to curves with identical business logic • View dependencies for each curve Dashboard • Set dynamic refresh rates • Embed different forms of content • Create multiple, shareable Dashboards • Create visual and audible alerts for tables and graphs • Embed different content types within the same window • Link or copy other users Dashboards to one’s Dashboard

DataDirect • Set embedded data to refresh on workbook open, manually or automatically • Import real time and historical data • Write back Excel® results to ZEMA • Change dates and refresh rates • Retain referential integrity • Reduce your organizations data management manual processes Development Tools • Client Connect: Use one’s internal data within the ZEMA SUITE of products • DMAPI: Build interfaces using the Data Manager framework • Service Layer: Leverage our pre-existing business layer to your own custom development and integration • Task Scheduling: Push data and generate data to different locations Main Office 130 – 590 No. Two Road Richmond, British Columbia V7C 4R9 1-604-244-1469 Other Locations Raleigh, NC Houston, TX London Singapore

1-919-386-2332 1-713-376-3787 +44 792 011 4851 +65 6521 2903

Representative Clients None Provided Website www.ze.com

Copyright 2012 UtiliPoint International, Inc.

66


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

References & Other Useful Resources References

CommodityPoint – CTRM SourceBook 2012 CommodityPoint – Industry Views - Next Generation CTRM, 2012 CommodityPoint – Service Provider Study Report, North America, 2012 CommodityPoint – Dodd-Frank Market Survey and Report, 2012 CommodityPoint – E/CTRM Vendor Perception Study Report, April 2012 CommodityPoint – CTRM Market Sizing Report, 2011 CommodityPoint research and reports can be downloaded free of charge from www.commodity-point.com

Useful Resources

Vasey, Gary M and Patrick Reames: Trends in Energy Trading, Transaction and Risk Management Software 2010-2011 – A Primer, Booksurge Publishing, 2010 Reames, Patrick and Vasey, Gary M: Selecting and Implementing Energy Trading, Transaction and Risk Management Software – A Primer, Booksurge Publishing, 2008 CommodityPoint website– http://www.commodity-point.com The TRM Directory – http://www.trmdirectory.com The CTRM Blog – http://www.ctrmblog.com CommodityAlert Archives – CommodityAlert is our weekly free newsletter. You can find the archive for back issues at http://www.commodity-point.com/commodityalert/ and subscribe at http://www.commodity-point.com/subscribe/

Copyright 2012 UtiliPoint International, Inc.

67


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

About CommodityPoint CommodityPoint provides Commodity Trading & Risk Management (CTRM) research, analysis and consulting services. Our services bring insight into business issues, trends, processes and technology, to utilities, energy companies, banks, brokers, funds, investors and vendors that enhance their competitive position and support critical business decisions. CommodityPoint has been formed to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets. Our principal analyst Patrick Reames, brings a great wealth of practical experience to his role. With offices in Europe and the US, and backed by an experienced research team, our organization provides an unparalleled view of the marketplace. CommodityPoint is a division of leading energy and utilities analyst and consulting firm, UtiliPoint International, Inc. CONTACTS CommodityPoint - A Division of UtiliPoint International, Inc. www.commodity-point.com Mark Tredway, Director of Business Development International Business Center Prikop 4 602 00 Brno Czech Republic Tel: +44 203 588 0088 mtredway@commodity-point.com Patrick Reames - Managing Director 19901 Southwest Freeway, Suite 121 Sugar Land, Texas 77479 Tel: 1-281-207-5440 preames@utilipoint.com James Sanders – CTRM Market Analyst 19901 Southwest Freeway, Suite 121 Sugar Land, Texas 77479 Tel: 1-281-207-5443 jsanders@utilipoint.com

Copyright 2012 UtiliPoint International, Inc.

68


CommodityPoint, a division of UtiliPoint International Inc.

CTRM Vendor and Product Sourcebook

About UtiliPoint速 International, Inc. For more than 75 years, UtiliPoint International速, has been a trusted source of insight into the energy and utilities industry. With more than 500 clients worldwide, we are the leading provider of research and advisory services for the energy sector. Our company is comprised of industry experts from around the world with diverse backgrounds in utility generation, transmission and distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs and international issues. UtiliPoint International, Inc. is a wholly owned subsidiary of Midas Medici Group Holdings, Inc. (OTCBB:MMED). UtiliPoint is headquartered in Albuquerque, New Mexico, USA and can be found on the Web at http://www.utilipoint.com/.

Copyright 2012 UtiliPoint International, Inc.

69

CommodityPoint SourceBook - Ancillary CTRM Products 2012  

CommodityPoint is well known for its analysis capabilities in the CTRM and related software area but we also offer services of tremendous va...

Read more
Read more
Similar to
Popular now
Just for you