CubeLogic excels across all fronts in H1 2020

  60% increase in revenue from H1 2019 to H1 2020 Eight new client wins Eight successful go lives Version 7.2 released with version 7.3 imminent CubeWatch PL Launched   London, Bangalore, Houston, Berlin. Friday 3rd July 2020 – CubeLogic, the market leading provider of enterprise risk management solutions for the energy, commodities, and financial markets, today announces a record start to 2020. Despite uncertain economic circumstances the business has rapidly gained momentum in the first half of this year. Revenues have increased approximately 60% compared to H1 2019, primarily due to the new client wins mentioned but also combined with existing client upgrades and other upsells. CubeLogic has signed eight new client contracts from January to June including; two major international commodity trading firms, one of the largest Canadian energy companies, a major UK focused energy provider, a global trading firm, a leading Swiss energy producer, a US-based independent system operator responsible for managing the electricity grid across several large states and finally a Spanish multinational electricity utility. The impact of the COVID pandemic and ever greater regulatory scrutiny of abusive trading practices have driven these firms to procure the market leading credit risk management and transaction surveillance capabilities… continue reading

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