Triple Point acquires ROME

Risk management software provider Triple Point has acquired credit risk management provider ROME.

According to Triple Point, the purchase broadens the firm’s portfolio, enabling it to now cover financial exposure, market risk, governance and regulatory compliance risk, operational risk and counterparty credit risk.

“Our customers, and the energy/commodity markets at large, demand the capability of managing all aspects of corporate financial exposure from their transaction and risk management solutions provider,” says Peter Armstrong, president and CEO of Triple Point.

The move is the firm’s

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