OpenLink, Triple Point sign more bank clients

Rival US-based energy trading software suppliers OpenLink and Triple Point Technology (TPT) both signed big new clients this year, increasing their dominance of the energy software market for the banking sector.

Lehman Brothers signed up in November to implement TPT’s energy trading and risk management system, Commodity XL, following fellow bank UBS’s move earlier this year to license the product. TPT also numbers Morgan Stanley among its customers.

OpenLink’s new customers include Citigroup and CSFB. Citi agreed in February to implement both Endur and Findur, OpenLink’s energy- and financial-trading systems respectively, and is due to complete the implementation next year, a source told Energy Risk

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

AI wide open

The Risk Technology Awards 2018 have highlighted how new technologies are bringing recognition for vendors

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here