Amphora Selected as 2011 “Software House of the Year” by Energy Risk Magazine

HOUSTON--(BUSINESS WIRE)-- Amphora®, the industry-leading developer of global energy trading and risk management systems for the liquid hydrocarbons industry, announced today that they have been awarded the coveted “Software House of the Year” award by Energy Risk Magazine for 2011.

Amphora was selected among global energy risk management software houses based not only on a strong performance in 2010, but also for a strong client focus since their inception. Amphora has never lost a client nor had a failed implementation in its history. “We have very, very strong support services and work hard to fulfill our promises,” said Amphora Chief Executive Officer and President David Newton. “Instead of putting money into big marketing campaigns, we focus on investing in product functionality for current and new customers and their needs.”

The 14-year-old company says its success also springs from the decision to specialize in one market – liquid hydrocarbons – in the design of its flagship ETRM software, Symphony. “We narrow our focus to oil rather than trying to be all commodities to all people,” said Newton, who held a number of roles at BP and Shell before joining Amphora. “Concentrating specifically on the liquid hydrocarbons market, our engineers create software that allows traders to get the numbers right — every time. Critical in today’s energy market supply conditions, our approach helps energy traders get closer to the asset and stay ahead of the industry.”

Symphony™, Amphora’s flagship ETRM solution, is a fully integrated trading and risk management system designed to support the entire life cycle of all physical and financial transactions for oil and other energy commodities. With unmatched accuracy and the deepest level of P&L attribution possible, Symphony pinpoints the value of a position in real-time and precisely tracks the total risk position under any given set of transaction variables. Now in the third major release of its new architecture, Symphony features a highly intuitive, efficient and user-configurable interface; faster back-end performance; and substantially improved visualization capabilities.

About Amphora: Founded as TradeCapture, Inc. in 1997, Amphora is the premier software and services provider for energy trading, logistics and risk management solutions in the global crude oil, refined products and energy derivatives marketplace. Headquartered in Houston, Texas, Amphora also has offices in Zug, Switzerland; Singapore; and Hyderabad, India. Clients include significant physical players in the liquid hydrocarbon markets such as integrated oil companies, merchant traders, refiners and marketers, utilities and financial players such as banks. For more information please visit www.amphorainc.com.

Amphora, Inc.
AmericasMike Laprocido, +1 713.339.5600
[email protected]
or
Europe/Middle East/AfricaMartin Bechtold, +41 41 710 92 24
[email protected]
or
Asia-PacificDavid Good, +65 6533 8763
[email protected]

Source: Amphora, Inc.