Dynegy Selects Updata Analytics for Natural Gas and Power Trading

New York - 11 May 2012

Dynegy, a leading US power generator, has chosen to use Updata Professional, a suite of advanced analytics, on their power and natural gas trading desks. Updata Professional helps energy traders optimize trading decisions and increase profits by providing advanced technical analysis, strategy backtesting, and the ability to link multiple external and internal data sources.

Dynegy selected Updata Professional to improve trading performance by using state-of-the-art technical analysis and to back-test trading strategies prior to use in live trading.

Rob Garfield, Senior Vice President of Business Development at Updata, said, “Updata is rapidly growing in the US because our platform adds significant value to energy traders. Dynegy has recognized this value and we are pleased to add them to our expanding client list.”

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