Triple Point Technology buys Rome Corporation

Triple Point Technology, a global supplier of energy and commodity risk management and transaction processing software, has announced it has acquired Rome Corporation, a provider of enterprise credit risk management software. The acquisition broadens and deepens Triple Point’s product portfolio, enabling it to offer enterprise risk management solutions covering the four key contributors of corporate financial exposure: market risk, governance and regulatory compliance risk, operational risk and counterparty credit risk. "The recent volatility in the global credit markets – resulting in the need to place greater corporate oversight and emphasis on counterparty exposure management, liquidity obligations, margin cash management, regulatory compliance and risk analytics – highlights the criticality of implementing enterprise... [read full story]