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UtiliPoint Broadens Its Commodity Markets and Technologies Focus With the Launch of CommodityPoint
Albuquerque, New Mexico—January 3rd, 2009—UtiliPoint® International, Inc. (UtiliPoint) today announced the launch of CommodityPoint, a new global division focused on providing Commodity Trading & Risk Management (CTRM) research, analysis and consulting services. CommodityPoint‘s services are designed to provide insight into business issues, trends, processes and technology; enabling energy companies, banks, brokers, funds, investors, utilities, and vendors to enhance their competitive position and support critical business decisions. More details about CommodityPoint’s offerings, including research programs, capabilities, and sevices, may be found on its website at www.commodity-point.com.
The new CommodityPoint division will be headed by two seasoned analysts in the field in Dr. Gary M. Vasey (Europe) and Patrick Reames (North America) and supported by a research and marketing staff based in its Brno, Czech Republic office, with additional support from UtiliPoint's experts accross the US. CommodityPoint will consolidate the UtiliPoint Trading & Risk Management and Commodity Markets practices and will be well positioned to provide global perspectives and reach from its Houston, Texas and Czech Republic locatons.
“As we have grown the UtiliPoint presence in Trading & Risk Management both in North America and in Europe, our clients have asked us to entertain the broader commodity markets as many times the research and analysis we are doing applies to both, not just the utility or energy aspect of the industry,“ said Jon Brock, President & COO of UtiliPoint International. “Combining the seasoned experience of both Dr. Vasey and Mr. Reames to be focused on Commodity Trading & Risk Management is a welcomed move not only for our clients, but also for the market as a whole.“
CommodityPoint will continue to conduct market leading proprietary research, covering not only energy, but also the wider commodities markets; the results of which will be leveraged by the group's analysts in the provision of expertise market analysis and other services.
“Energy trading has merged with other commodities over the last year or so and we believe that our focus should now be on the broader commodity trading arena albeit with a strong continuing energy emphasis,“ said Dr. Gary M. Vasey. “ComodityPoint will afford us the ability to be more focused on global commodity trading and risk management issues as we seek to build a world class brand for premier analyst and consulting services for our current and future clients.“
"CommodityPoint is a reponse to our customers', and the market's, need for a more holostic view of wholesale commodity trading. Energy trading and risk management has, for many, evolved into commodity trading and risk management," said Patrick Reames. "Combining the skills and assests of our two practice areas will afford Gary and I the opportunity to better service our exisiting clients and meet the needs of those in the market seeking to better understand the trends and issues they're facing as they move forward in a very dynamic, and increasingly globalized, market."
About CommodityPoint
CommodityPoint is a division of leading energy and utilities analyst and consulting firm, UtiliPoint International, Inc. CommodityPoint provides Commodity Trading & Risk Management (CTRM) research, analysis and consulting services. Our services bring insight into business issues, trends, processes and technology, to energy companies, utilities, banks, brokers, funds, investors and vendors, enhancing their competitive position and supporting critical business decisions. CommodityPoint has been formed to bring focus and clarity to the broad array of issues surrounding the wholesale trading of commodities. Our team provides expert analysis of market trends and, in particular, the technologies and applications supporting those that participate in regional or global commodity markets. Our principal analysts, Dr. Gary Vasey and Patrick Reames, bring years of practical experience to their roles. With offices in Europe and the US, and backed by an experienced research team, our organization provides an unparalleled view of the marketplace.
About UtiliPoint® International, Inc.
UtiliPoint is a leader in providing analysis and consulting services to the energy and utility industry. Our 76-year history and over 500 clients worldwide have led us to currently operate as an energy and utility consulting and issues analysis firm. Our staff is comprised of leading utility and energy experts with diverse backgrounds in utility generation, transmission & distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs, and international issues.