The Knowledge Group
The Knowledge Group

Triple Point Technology’s Elie Zabal to Speak at KC’s Event on Statement 157 Implementation Issues on 06/02/2009

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Elie Zabal, Senior Vice President, Treasury and Regulatory Compliance Division, Triple Point Technology, will speak at the Knowledge Congress’ upcoming webcast entitled: “Statement 157 Implementation Issues.” This 2-hour event is scheduled for June 2, 2009, Tuesday, at 3:00 PM - 5:00 PM ET.

Jersey City, NJ, March 13, 2009 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Elie Zabal, Senior Vice President, Treasury and Regulatory Compliance Division, Triple Point Technology, will speak at the Knowledge Congress’ upcoming webcast entitled: “Statement 157 Implementation Issues.” This 2-hour event is scheduled for June 2, 2009, Tuesday, at 3:00 PM - 5:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://knowledgecongress.org/event_2009_S157_updated.html)

Event Synopsis:

Since its introduction, FAS No. 157 companies have struggled with implementation and compliance issues. Companies have been grappling with accounting and valuation issues related to Fair Value. Many have seen market value melt away particularly which has been exacerbated by the current economic free fall. Although there is much uncertainty surrounding this issue – one thing remains clear Fair Value is here to stay at least for the time being and companies must learn to deal with this most pressing issue.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to help understand Statement No. 157 and its impact on your firm and the broader market. The speakers will present their expert opinions in a two-hour Live Webcast.

About Elie Zabal

Mr. Elie Zabal serves as Senior Vice President of the Treasury and Regulatory Compliance Division for Triple Point Technology. He is responsible for addressing the treasury management, corporate governance and regulatory compliance requirements of organizations in Triple Point's core markets through a comprehensive solution set centered on commodity hedge accounting and fair value level setting. Before joining Triple Point, Mr. Zabal was the founder and CEO of Investment Support Systems, Inc. (INSSINC). Under his direction, INSSINC successfully developed a full line of integrated Risk Management and Derivatives software solutions, making the company a global industry leader with solutions implemented worldwide. He was instrumental in developing all of INSSINC's risk management, accounting and compliance systems.

Prior to INSSINC, Mr. Zabal was Vice President at Societé Generale New York, where he was responsible for the automation of the bank's U.S. dealing operations. He began his banking career at Security Pacific International Bank (Bank of America) and specialized in foreign exchange and money market dealing operations. Mr. Zabal has spent his entire career designing complex trading systems for the areas of derivatives, finance and accounting. His software systems have been implemented in over two hundred banks, sixty energy companies and fifteen commodity houses.

Mr. Zabal has been invited to speak at numerous conferences on the subjects of risk management, hedge accounting and fair value standards.

About Triple Point Technology

Triple Point Technology® is the leading global provider of multi-market commodity and enterprise risk management software solutions. Triple Point's Commodity XL™ profitably integrates physical and financial markets on a real-time, service-oriented architecture (SOA) platform for commodities including power, oil, gas, coal, base and precious metals, agricultural products, biofuels and freight. In addition to Triple Point's award-winning commodity and energy trading software being used by more than 25 percent of both Global 500 commodity trading and Global 500 energy companies, other organizations with large raw material and energy exposure, including consumer products (CP), discrete manufacturers and big box retailers, are quickly adopting the Triple Point solution. Named to the Deloitte Technology Fast 50 for ten straight years, Triple Point added to its record-breaking organic growth in 2008 with the acquisitions of INSSINC, the leading provider of hedge accounting and fair value level software and ROME Corporation, the industry leader in credit risk software solutions. Triple Point, headquartered in Westport, Connecticut, USA, was founded in 1993 and serves clients from nine development and support centers located around the globe. More information is available at www.tpt.com.

About The Knowledge Congress

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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