Reports Vendor Perception Study

2014 ETRM / CTRM Vendor Perception Study Commodity Technology Advisory llc Figure 15: Leader - Natural Gas Trading Natural Gas Trading Don't Know Allegro OpenLink None SunGard Triple Point Trayport Contigo Calvus EKA SAP SolArc Lacima Murex In the natural gas space, Allegro edged out OpenLink as the leader in the category, driven particularly by their strength in the North American market. Others noted included SunGard with 5%, Triple Point with 3% and Trayport Contigo with 2%. All other vendors listed in Figure 15 were noted only once. 0% 10% 20% Asia-Pacific Europe NAM 30% 40% Middle East SAM Figure 16: Leader - Oil and Oil Products Trading Don't Know OpenLink Allegro None Triple Point SolArc Amphora Calvus SunGard ComFin Oil and Oil Products Trading In Oil and Oil Products Trading, OpenLink (18%) was again the most noted vendors, again followed by Allegro (9%). Triple Point, though trailing those that felt there was no leader in the space, received notice by 7% of the respondents and was followed by Solarc (which was acquired by OpenLink more than 2 years ago) with 5%. Amphora, with 3% was the only other vendor to receive more than a single response. Coal Trading 0% 10% 20% Asia-Pacific Europe NAM 30% 40% 50% Middle East SAM Coal trading is not a large market for ETRM/CTRM vendors, and the responses we received bear that out. The two companies most often cited, Allegro and OpenLink, each were noted by less than 10% of our respondents, with the combination of “Don’t Know” and “None” making up about 70% of the total responses. SunGard (5%), Triple Point (4%), Solarc (2%) and Trayport Contigo (2%) were the only other companies to be noted more than once by our respondents. Figure 17: Leader - Coal Trading Don't Know None Allegro OpenLink SunGard Triple Point SolArc Trayport Contigo EKA Calvus Amphora ICE 0% 20% Asia-Pacific Europe NAM 40% 60% Middle East SAM © 2014 Commodity Technology Advisory, llc 12

Reports Vendor Perception Study | Page 12