Triple Point Technology®, the provider of multi-market commodity and enterprise risk management software solutions, announced that Regency Gas has selected Triple Point’s counterparty credit risk and credit scoring software to manage credit risk processes for its growing natural gas and natural gas liquids (NGLs) business.
Regency Gas Services is a midstream natural gas services provider that specialises in the gathering and processing, contract compression, and transportation of natural gas and NGLs. Regency Gas focuses on servicing the most prolific natural gas producing regions in the United States.
“Triple Point’s credit risk management software provides Regency Gas with a platform that effectively manages counterparty credit risk for energy commodities and delivers an accurate perspective of enterprise-wide credit exposure and liquidity obligations,” said Dan Reid, VP, credit risk division, Triple Point. “We are proud to welcome Regency Gas into our growing community of world-class energy and commodity clients.”**
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Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
With this Spring 2010 Edition of the Phone System Comparison Chart quickly see differences between brands like Avaya, Mitel, Cisco, ShoreTel, 8x8, Panasonic, etc and compare over 94 phone systems by 52 brands for small to big business.