Large US-Based Global Trading Company Selects Symphony, Amphora’s Energy Trading and Risk Management (ETRM) Platform, for Crude, NGLs, Refined Products and Derivatives Trading

HOUSTON--(BUSINESS WIRE)-- Amphora, the foremost developer of global energy trading and risk management systems for the liquid hydrocarbons industry, announced today that a large US-based global trading entity selected Symphony, Amphora’s ETRM solution, to manage their global crude, NGL, refined products, bio-fuels and derivatives trading.

“We are very pleased that another significant industry player has selected Amphora as its energy trading and risk management software partner,” said John Beaty, president of Amphora Americas. “Amphora has been recognized in the marketplace as a leader in providing oil trading solutions as well as fulfilling their client commitments. Their confidence in us as the best solution and partner for oil trading further enhances our leading position in the liquid hydrocarbons market and demonstrates our commitment to develop and deploy high value, state-of-the-art solutions for our clients in these markets.”

Symphony^TM, 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.

Amphora is headquartered in Houston, Texas and has offices and staff in Houston; 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, large consumer industries such as utilities; and financial players, such as hedge funds and banks. For more information please visit www.amphorainc.com.

Amphora, Inc.Mike Laprocido, 713-339-5600
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Media Contact:
Design At WorkLindsey Reaves, 832-200-8228
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Source: Amphora