TriOptima announces that it won the Energy Risk 2014 ”Technology House of the Year" in recognition of the significant take-up of its triReduce (portfolio compression) and triResolve (portfolio reconciliation and dispute resolution) services in the energy sector. In addition to major financial institutions, TriOptima’s clients include a wide range of utilities, oil majors and commodity trading houses globally.
The increasing popularity of triReduce and triResolve in the energy community has continued in 2014 with TriOptima completing the largest triReduce energy compression cycle to date, eliminating 5000 transactions with a notional outstanding value of EUR 8.4 billion ($11.6 billion). By early April, triResolve energy and commodity market subscribers was over 110.
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