CubeLogic announces first live site for Release 2 at Mercuria

London - 4 October 2011

CubeLogic announced today that it has gone live at Mercuria on Release 2 of the RiskCube its industry leading Risk Management software. David Priestley CEO said “ We are particularly pleased with this announcement, the risk management software sector has been dogged for years by difficult upgrades that take longer than expected and introduce new problems. The fact that release 2 has gone into production at Mercuria within two weeks of its release is a testament to the quality of our development process and quality assurance programme”. Release 2 includes a whole host of new features for the the credit and market risk cube-based application suite.

Chris Mudry – Chief Risk Officer at Mercuria commented “We are always very nervous about software upgrades but this one went into production within a week of CubeLogic arriving on site. It gives us the confidence to stay closely aligned with their ambitious development programme.”

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