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BP Amoco Selects Triple Point Technology's Risk Management System.


Business & High Tech Editors

WESTPORT, Conn.--(BUSINESS WIRE)--Aug. 2, 2000

TEMPEST Trader(TM) risk management software to provide

real-time, global access to trading data.

Triple Point Technology, Inc. (www.tpt.com), the leading provider of enterprise-wide commodity trading business systems, today announced an agreement to provide risk management software to BP Amoco (NYSE NYSE

See: New York Stock Exchange
: BP) for its Oil Trading business division.

About Triple Point Technology, Inc.

Triple Point Technology, Inc. (www.tpt.com) provides fully-integrated commodities trading business systems to major oil companies, investment banks The following is a list of investment banks Financial conglomerates
Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance.
, utilities, metal producers, and other global trading organizations. The company leverages technical, business, and trading expertise to help customers reengineer their business processes and develop efficient commodities trading business systems.

Founded in 1993, Triple Point is headquartered in Westport, Connecticut and operates satellite offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, Houston, London, and Singapore. The company has more than 60 multi-commodity trading clients including: ARCO Aluminum, Koch Industries, Morgan Stanley, Weyerhaeuser, Petronas, Glencore, Emirates National Oil Company (ENOC ENOC Emirates National Oil Company
ENOC Enterprise Network Operations Center
), Transammonia, Amerada Hess, Noranda Aluminum, DSM 1. DSM - Data Structure Manager.

An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output.
 Hydrocarbons, Trafigura, Williams Energy, and Rudolf Wolff.
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Publication:Business Wire
Date:Aug 2, 2000
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