Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that Chartis Research has identified Triple Point as Category Leader in its 2012 RiskTech Quadrant™ for energy trading and risk management (ETRM).
Chartis is the leading research and advisory services firm focused exclusively on the risk management technology market. The RiskTech Quadrant ranks risk management technology vendors with a significant market presence. Chartis evaluated ten ETRM platform providers using a proprietary methodology encompassing risk management technology user surveys, comprehensive analyst evaluations, interviews with subject matter experts, and customer reference checks.
Triple Point is identified as Category Leader based on factors such as market penetration, innovation, customer satisfaction, thought leadership, financial strength, and the depth and breadth of its solution. This recognition follows on the heels of analyst firm Gartner, Inc. naming Triple Point a Leader in its Magic Quadrant for ETRM Platforms for the fourth consecutive year. In addition, Triple Point was ranked the #1 Credit Risk Software Vendor in Energy Risk's 2012 annual software survey, which is the largest industry survey to poll users of energy risk management and trading software.
“It’s rewarding when the top analyst firms continually recognize Triple Point as the leading Commodity Management software solution provider,” said Michael Schwartz, senior vice president, chief marketing officer, Triple Point. “Receiving this prestigious ranking demonstrates that Triple Point is delivering on its commitment to energy and commodity customers to provide the most innovative and comprehensive risk management solutions.”