Reports 2016 Vendor Perception Report

2016 CTRM Vendor Perceptions Study Natural Gas More than 40% of the respondents do not know if there is a market leader for natural gas. Of those that do perceive a market leader, about 22% each identify Allegro and OpenLink. Only around 8% think that there is no market leader. Other vendors named include FIS/SunGard, Triple Point, Contigo, EKA and SolArc (now OpenLink) (Figures 12 & 12a). Figure 12 - Natural Gas Leadership As Received Figure 12a - Natural Gas Leadership Consolidated Don't Know Don't Know Allegro OpenLink (w/Solarc) OpenLink Allegro None None FIS/SunGard FIS/SunGard Triple Point Triple Point Brady Contigo Brady EKA Contigo SolArc EKA 0% 10% 20% 30% 40% 50% 0% 10% 20% 30% 40% 50% Crude Oil and Refined Products Perceived market leadership in the crude oil ETRM space is more difficult to ascertain as almost 45% said that they did not know. OpenLink and Allegro were mentioned by about 14% of the respondents each and ‘None’ by 9% of the respondents. SolArc (now OpenLink), Amphora, Aspect, Triple Point, Brady, Contigo, Veson and Murex all also received mentions (Figures 13 & 13a). Figure 13 - Oil & Refined Products Leadership As Received Figure 13a - Oil & Refined Products Leadership Consolidated Don't Know Don't Know OpenLink Allegro OpenLink (w/Solarc) None Allegro SolArc None Amphora Amphora Aspect Aspect Triple Point Triple Point Brady Brady Contigo Contigo Quorum Quorum Veson Veson Murex Murex 0% 10% 20% 30% © 2016 Commodity Technology Advisory LLC 40% 50% 0% 10% 20% 30% 40% 50% 13

Reports 2016 Vendor Perception Report | Page 13