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TradeCapture Wins Coveted Software House of the Year Award for Excellence in Energy Trading and Risk Management Technology.


STAMFORD, Conn. -- TradeCapture, Inc., the premier global developer of cutting edge trading and risk management software solutions announced today that Energy Risk Magazine (www.energyrisk.com) has named the company as the winner of the 2007 "Software House of the Year" Award. TradeCapture executives received the honor at the 11th Annual Energy Risk Awards ceremony in Houston, on May 15, 2007. This is the second award TradeCapture has received this year from independent parties, and establishes continued industry recognition of TradeCapture's leadership in energy trading and risk management technology.

"We are extremely pleased to receive this prestigious award from Energy Risk Magazine," said David Newton, Chief Executive Officer, TradeCapture, Inc. "Innovation is what drives our industry. Designing creative and cost effective energy trading and risk management software solutions to meet the rapid changes sweeping through our industry, as a result of the success of electronic trading This article or section is in need of attention from an expert on the subject.
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, is what TradeCapture has done better than any of its competitors in the past year," added Mr. Newton.

One of the biggest problems trading companies have been faced with over the past year, in addition to the extreme price volatility of the markets, has been the ability to correctly allocate the increasing volume of trades which often number in the thousands each day (due to the emergence of electronic trading) to the proper portfolios in real-time, and to provide the trader with his/her P&L and risk in real-time. Consequently, trading companies needed a way for their traders to receive electronic trade confirmation data and also place orders electronically in an extremely fast and robust manner.

Over the past year, TradeCapture developed core modules that received the electronic feeds from these exchanges and allocated the trades in real-time to the proper portfolios, while at the same time equipped traders with the ability to route orders electronically to the various exchanges. TradeCapture's trading and risk management software solutions have been designed to accommodate these extremely high trading volumes, and provide the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 of order routing to exchanges, real-time P&L and effective risk management.

The front ends of these new application modules offer a comprehensive and dynamic view of positions and risk while streamlining electronic order entry and confirmations. Trade, position and price data are presented in an integrated way, with an easy-to-use GUI (Graphical User Interface) A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. , with all of the relevant information at a user's finger tips Finger Tips is a television programme by The Foundation for CITV, first broadcast in 2000. Presented by Stephen Mulhern and Fearne Cotton (later replaced by Naomi Wilkinson). The show is about creating models out of household items and aimed at a child audience. .

TradeCapture, Inc. is a leading global provider of innovative energy trading and risk management software solutions designed to enable clients to streamline operations, reduce transaction costs Transaction Costs

Costs incurred when buying or selling securities. These include brokers' commissions and spreads (the difference between the price the dealer paid for a security and the price they can sell it).
, and manage their Futures, Exchange Traded Options, OTC Options OTC Options

Exotic options traded on the over-the-counter market, where participants can choose the characteristics of the options traded.

Notes:
The flexibility of these options is attractive to many.
, Swaps and Physicals in a single platform. TradeCapture's flagship product is the integrated commodity trading system, ICTS ICTS Integrated Commodity Trading System
ICTS Inter-Cell Time Sharing
ICTS Interpersonal Communication Transferable Skills
 Symphony, for straight-through-processing of commodities transactions. TradeCapture's TC Maestro product provides real-time P&L, real-time Risk Analytics and What-If Analysis. TradeCapture provides unmatched trading solutions to multinational clients such as Chevron, Koch Supply & Trading, UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
, Marathon Petroleum Company Marathon Petroleum Company (MPC) is a fully owned, American subsidiary of the Marathon Oil Corporation. The subsidiary was formed on September 1, 2005, from the former Marathon Ashland Petroleum, LLC, and is based in Findlay, Ohio.  LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Petroplus, PetroChina, Eni, Enel, Mitsui and many others. TradeCapture is headquartered in Stamford, Connecticut, and has development and support centers strategically located around the world. For more information please visit www.tradecapture.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 2007
Words:516
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