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Jan 29 2014

Sapient Global Markets and Energy Data Hub Launch Benchmarking Service for Energy Market Participants

 

Delivers Transparency and Enhanced Analysis of Energy Market Transactions

 

January 29, 2014 — Boston, USA — Sapient Global Markets, a division of Sapient (NASDAQ: SAPE), and The Energy Data Hub (EDH), an independent energy data processing entity, today announced the launch of an energy markets benchmarking service, available to EDH platform users. This service delivers valuable insight into global energy transactions in order to support risk management and trade strategy.
 
EDM Benchmarking allows users to measure company performance against the broader market and identify contrasts in market region or location, as well as transaction type or class. The service will also provide energy market participants with the first ever set of relative market metrics, including market size, volume rankings, volatility rankings, most liquid markets, and most liquid transactions data. Sapient Global Markets advised on its development and will support EDH with the ongoing management of the service.
 
“With help from our partners, Sapient Global Markets, International Securities Exchange, and OTC Online, we are aggressively working to rapidly expand the information resources and functionality we offer to the EDH community,” said Robert Anderson, president and chief executive officer of Energy Data Hub. “The addition of benchmarking services is an important next step to delivering the energy market participants with never before seen transparency and intelligence on the markets within which they operate.”
 
Arun Karur, vice president at Sapient Global Markets, said: “EDH is much more than a price reporting utility promoting transparency in the energy markets. It is also a market analysis platform providing a rich set of data and analytics capabilities that users can leverage to drive their transaction decisions in the market. We look forward to our continued work with our partners on the EDH project to drive innovation and deeper insight into the energy markets.”   
 
The EDH was designed to provide energy market participants with characterizations of all energy market activities regardless of the nature or type of company transacting. Currently, the platform handles voluntary, anonymous transactional, and market data in gas, power and oil for all types of trades from several of the largest energy merchants in the world. The EDH validates, standardizes, and processes the data and delivers it to subscribers via online portals, offline feeds and specific reporting schemes as required by the participants.
 
The Energy Data Hub (EDH), an independent energy data processing entity created to support development of an energy industry initiative to improve market information for the purpose of helping energy companies to operate assets, trade commodities, ensure compliance and manage risk. EDH has partnered with Sapient Global Markets, International Securities Exchange (ISE), and OTC Online to launch and enhance the platform for energy market participants.
 
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About Sapient Global Markets:
Sapient Global Markets, a division of Sapient® (NASDAQ: SAPE), is a leading provider of services to today’s evolving financial and commodity markets. We provide a full range of capabilities to help our clients grow and enhance their businesses, create robust and transparent infrastructure, manage operating costs, and foster innovation throughout their organizations. We offer services across Advisory, Analytics, Technology, and Process, as well as unique methodologies in program management, technology development, and process outsourcing. Sapient Global Markets operates in key financial and commodity centers worldwide, including Boston, Calgary, Chicago, Dusseldorf, Frankfurt, Houston, London, Los Angeles, Milan, New York, Singapore, Washington D.C. and Zurich, as well as in large technology development and operations outsourcing centers in Bangalore, Delhi, and Noida, India. For more information, visit www.sapientglobalmarkets.com.
 
About EDH Resources, Inc.
EDH Resource, Inc. (EDH) is a Texas-based company created to support development of an important energy industry initiative. This initiative is focused on bringing more robust and complete market information for the purpose of helping energy companies to operate assets, trade commodities, ensure compliance and manage risk. EDH offers the potential to unveil as yet unseen market information, reduce compliance costs, strengthen financial reporting and bring new, competitive market services to all of its participants. For more information, visit www.energydatahub.com.
 
For information on Energy Data Hub, please contact:
Bob Anderson
Energy Data Hub
bob.anderson@energydatahub.com
 
Safe Harbor Statement
This press release contains forward-looking statements — in particular, those related to the development of software and related services and potential sales to clients — that involve a number of risks and uncertainties. All forward looking statements are based upon current expectations and beliefs and various assumptions. Actual results could differ materially from management's expectations and the forward-looking statements contained in this release. A number of factors could cause actual events to differ materially from those indicated, including, without limitation: a reduction in the demand for the company's services in light of the current or future economic environment; the company's ability to accurately set fees for and complete projects on a timely basis; the acceptance of the company's services; changes in Federal government spending priorities, and other risks and uncertainties as set forth in the company's filings with the SEC, including without limitation the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements for any reason, including to reflect events or circumstances after the date on which such statements are made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.
 
Sapient is a registered service mark of Sapient Corporation.

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