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April 2010

CommodityPoint (Gary Vasey) visits IRM in Vienna

Three years after our company was acquired by OpenLink, Gary Vasey, director of CommodityPoint and opinion leader in the USA in the area of commodity trading and risk management, visited IRM to get a clear picture of the development of the company and its products.

He describes his very positive impressions in the CTRM Blog, published by CommodityPoint.

See the complete report of the industry insider at http://www.ctrmblog.com/2010/04/irm-revisited/.

April 2010

Energy Trading Central & South Eastern Europe

As already announced in February, IRM will be represented at the Energy Trading Central & South Eastern Europe 2010 conference on June 9 to 10, 2010 together with OpenLink Berlin.

This important meeting for energy traders will take place at the “Hilton Warsaw Hotel and Convention Centre“. You will find us in the „Warsaw Hall“, booth no. 21. Catch up on the latest developments of our “iOPT“, “Endur“, and “Findur“ product groups and get to know our experts. For further information on this event go to www.ernergyreadingcsee.com.

March 2010

Web Demo 01/2010

This year's first web demo introduced the new iOPT functionality “M2F evaluation, portfolio decomposition and optimization“ from Release 4.5.
Please contact Silvia Hammerschmiedt to order a description of the business case (silvia.hammerschmiedt@olf.com).

March 2010

IRM Website in Russian

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In connection with our business activities in Russia we are pleased to announce that our website is now also available in Russian. Together with our local partner StinComan we have created additional information material in Russian, which is available on the website. Visit us at www.irm.at, a short video clip provides information about our company.

February 2010
E-world energy and water 2010
We were happy to once again welcome many guests at the tenth anniversary of the E-world. We appreciate your visit!
Our team of Open Link Region Central Europe, represented by our offices in Berlin and IRM Vienna, introduced the latest product developments of our leading systems solutions, namely endur – findur – iOPT.
This diversified range of products covers all requirements in the area of trading/risk management, portfolio management, forecast, optimization, operation/logistics for multi-commodity energy markets and the financial market in top- and middle-segments.
Our visitors were updated on the state of development at the 4 demo-stations. The outstanding collaboration of our software vendors and our newly gained referees within the past year was praised on more than one occasion.
We would also like to invite you to view the television spot about us exhibiting at the E-world 2010 which will be broadcasted on n-tv on March 25, 2010 at 20:56. Alternatively, you may want to visit our homepage at www.irm.at accordingly, where you will also find a short spot about us.
Get to know us! We would be happy to welcome you this year at the following events:

Energy Trading Central & South Eastern Europe, June 9 – 10, 2010 in Warsaw
E-Mart, November 24 – 25, 2010 in Amsterdam

In addition, we are offering our clients the following event:

IRM User Group Meeting, September 15 – 17, 2010 in Vienna

January
Portfolio-Management Gas in Leverkusen
iOPT has been in use at CURRENTA GmbH & Co. OHG for Portfolio-Management Electricity since 2001. At the beginning of 2010, the integration of business processes for Portfolio-Management Gas has also been initiated. The project objective is to set the course for the increased utilization of the gas market in the future and to optimally unleash the market potentials with the support of the system. During the realization (of the project), particular attention is being paid to contract management, nominations via trading partners, balancing of exposures as well as an increased automation of processes and workflows.
December 2009
An end-of-year retrospective for 2009
2009 has proven to be yet another successful year for IRM. During the past 12 months, not only were we able to implement numerous iOPT projects in various areas of the multi-commodity sector, but we also successfully launched the integrated iOPT-ENDUR-solution at two further internationally operating market participants in Europe and the US.
At the same time, we worked intensively on the extension of our product range on the one hand, on the other, the number of IRM employees was increased to 115, thus providing the basis for our continuing attentive client care in the future.
In this vein and against all odds of the economic crisis, IRM managed to record a double-digit company growth.
November 2009
WEB-demo 05/2009
During 2009’s last WEB-demo, the new iOPT-functionality called “TopologyEditor and ModelingDesktop“ from Release 4.5 was introduced.
For further details, please contact Silvia Hammerschmiedt (silvia.hammerschmiedt@olf.com).
November 2009
E-MART, Barcelona, November 18 – 19, 2009
IRM and OpenLink Berlin joined in as one of the 45 exhibitors at the conference which attracted approximately 800 participants.
Dr. Markus Seiser’s (Managing Director Central Europe, OpenLink Berlin and IRM Vienna) presentation “Multi-Commodity Risk and ScenarioManagment – Risk Assessment of Complex Contracts and Asset Portfolios“ has met exceptional interest.
October 2009
OpenLink User Conference, Barcelona, October 14 – 16, 2009
In the course of this year’s OpenLink User Conference in Barcelona, existing clients as well as prospective OpenLink clients were given the opportunity to obtain information on the newest trends in the energy sector and on selected product areas. During the 3-day conference which took place in Europe for the first time this year, approximately 180 representatives from the finance and energy sector and from more than 15 countries (in Europe, the US, Canada, the Americas and Australia), had the possibility to learn about new product updates on the one hand, and specific solutions from the extended portfolio on the part of IRM, on the other.
IRM-solutions in the range of forecast, optimization and TimeSeriesManagement as well as interfaces and integration between iOPT and ENDUR, were presented in the form of speeches, hands-on-sessions and one-on-one discussions that had been directly fixed with prospective clients. Dr. Markus Seiser’s presentation (General Manager IRM/OpenLink Central & Eastern Europe) on “Decision Support for Traders & Planners“ produced particularly strong interest.
October 2009
The 8th User Group Meeting, Vienna, October 7 – 9, 2009
Our successful client meeting took place in Vienna in October 2009 and this year we welcomed exceptionally many visitors to our yearly exchange of ideas. The topics that dominated the discussions were the novelties in Release iOPT R4.5 in particular, as well as the feed-back by those clients who are already successfully using this version of our product. During our “hands-on-session-day“, our product managers introduced a number of new approaches and directly answered detailed questions.
In addition, the synergy of our mother company OpenLink’s product ENDUR with our product was presented this year.
Our next UGM is scheduled for September 15 – 17, 2010 and we kindly ask you to make a note of this date.
September 2009
Energy Conference Moscow, Moskau, September 23 – 24, 2009
IRM joined forces with renowned partners such as StinsComan and SIV AG and participated successfully in this year’s energy symposium in Moscow. High-ranking representatives of the energy business and of political institutions shared their perspective on current issues of Russia’s energy business. The discussion occasionally turned into a debate and treated subjects such as the state of affairs in the energy business, the liberalization of the market, existing solutions for the management of crises as well as future aspects.
“The participation in well-chosen, industry-specific events in Russia provides excellent opportunities for a continuous exchange of ideas on current issues with prospective buyers, partners and our clients.“ (Wolfgang Riedl – International Sales Manager, IRM)
September 2009
WEB-demo 04/2009
The new iOPT functionality in Release 4.5 „M2M+ - The new M2M Assessments“ was introduced during the first WEB-demo after the summer break.
For further details, please contact Silvia Hammerschmiedt (silvia.hammerschmiedt@olf.com).
August 2009
Going live of iOPT R4.5
Only 2 months after iOPT R4.5 has been released, it is already being used productively by 5 of our clients. Particularly our novelties in risk management and invoicing were met with excitement.
July 2009
Announcement of the 8th UGM, October 7 – 10, 2009 in Vienna
Again in 2009, we are looking forward to another client meeting in Vienna. There will be a series of talks dealing with the following subjects:

• Further Commodities Portfoliomanagement (coal physical, wood)
• New Multi-Commodity Mark-to-Market
• Optimization: ModelingDesktop and Topology Editor
• ScenarioManagement
• CurveManager Redesign
• Flexible Invoicing

Our meeting commences on Wednesday with our tried and true “hands-on-session“. In the course of Thursday’s and Friday’s various presentations, our clients will be informed on innovations in our iOPT product range and other developments within our company.
We would be pleased to welcome many of our clients as our guests.

July 2009
Business Breakfast, Moscow, July 28, 2009
The Energy Business Breakfast in Moscow with our local partner StinsComan attracted wide interest.
The main objective of our meeting was to convey the core area of expertise of both of our companies to a selected circle of prospective clients in the energy business. Presentations were given by Boris Granovsky (Vice President StinsComan) and Martin Bechtold (Sales Director IRM).
“Based on IRM’s long-standing experience in new energy markets and our successful project implementation, we were quickly able to customize our systems solution in collaboration with our partner StinsComan and adapt it to the local conditions of the Russian market“ (Martin Bechtold – Sales Director IRM).
The brisk interest in this event affirmed our decision to continue this discussion in a similar way in 2010.
July 2009
NEW – Account Management IRM
In order for IRM to be able to guarantee a continuous and more comprehensive client support – beyond the scope of individual projects – a self-contained division referred to as the Account Management has been created.
The primary objective of this division is serving as a long-term contact point for all client matters with the exception of support queries. The Account Management is responsible for all existing clients currently receiving maintenance services.
The team is supervised and managed by Michaela Sommer and reports directly to the Managing Director.
June 2009
WEB-demo 03/2009
In the course of our third WEB-demo, we introduced to our clients the new iOPT functionality called “Flexible Invoicing“ made available in Release R4.5.
For further details, please contact Silvia Hammerschmiedt (silvia.hammerschmiedt@olf.com).
June 2009
Completion of Release R 4.5
The new iOPT version R4.5 is available to our clients since the end of June.
The most significant new additions and further developments in this Release are i.e. the flexible and multi-client capable invoicing, an entirely novel M2M approach as well as the new ModelingDesktop including the TopologyEditor for optimization.
May 2009
Energy Risk Management Conference, Moscow, May 19, 2009
For the first time this year, IRM participated in the Energy Risk Management Conference in Moscow. We collaborated with our Russian partner StinsComan and gave a brief presentation of our existing iOPT Portfolio that has been adapted for the specific needs of the Russian market.
The initial talk given by Dr. Markus Seiser emphasized the internationally appreciated capacity and effectiveness of the iOPT product range with regard to the particularities of the Russian market.
April 2009
WEB-demo 02/2009
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The positive feedback that we received after our first WEB-demo inspired us to present the “Market Price Adapter” as a functionality available in Release 4.4.
For further details, please contact Silvia Hammerschmiedt (silvia.hammerschmiedt@olf.com).
April 2009
IRM gets a makeover
You may have already noticed our new corporate design when visiting our website, which we chose in order to demonstrate the strong cohesion between IRM and OpenLink. The spherical shape of IRM’s logo is red, grey and white, while the colors of OpenLink, our mother company, are blue, grey and white.
We would like to point out to you again, that client infos such as newsletters, iOPT documentations as well as information on our client events etc. can be found in the Customer-LogIn-Section of our website. Clients will obtain their User-ID promptly via e-mail after requesting it (silvia.hammerschmiedt@olf.com).
February 2009
E-world energy and water 2009
Many thanks for your visit!
Our team of Open Link Region Central Europe, represented by our Berlin office and IRM Vienna, introduced to many clients and interested visitors the tried and true features but also the new properties of our leading systems solutions, namely iOPT, ENDUR and FINDUR.
This range of products professionally and competently covers all requirements within the realms of trading/risk management, portfolio management, forecasting, optimization, operation/logistics for multi-commodity energy markets and the financial market in the top- and middle-tier segments.
Our visitors were updated on the further development of our range of products at 4 demo-stations. The outstanding collaboration between us, our partners and our newly gained referees within the past year impressed many.

Come visit us at one of the following events this year:

• Energy Risk Russia, May 19, 2009 in Moscow
• Energy Trading Central & South Eastern Europe, June 3 – 4, 2009 in Budapest
• E-Mart, November 18 -19, 2009 in Barcelona
• Oldenburger Gastage, Dezember 1 – 3, 2009 in Oldenburg

In addition, we are organizing the following events for our clients:

• IRM User Group Meeting, October 7 – 10, 2009 in Vienna
• OpenLink Worldwide User Conference, October 14 – 16, 2009 in Barcelona

For further details, please contact Silvia Hammerschmiedt (silvia.hammerschmiedt@olf.com).

February 2009
WEB-demo 01/2009

Due to the increased interest in our WEB-demos at the E-World 2009, IRM is now offering them as part of its services. This technology lends itself perfectly to presenting new functions of our products in a fast and informative way. Our first WEB-demo treated the subject:
“Support for Intra-Day and Day-Ahead-Business“

The following functions were presented:
• graphical illustration
• pricing of spot bids
• generating PX-bids

The presentations were conducted by our experts Irina Reitgruber and Michaela Sommer.

For further details, please contact Silvia Hammerschmiedt silvia.hammerschmiedt@olf.com).
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