The award, presented at the Emart Energy Conference in Paris, France, recognizes overall excellence in business operations management. The recipient of this award is the company that has done the most to improve the business function of operations within the overall energy business market.
"OM has demonstrated a consistently solid approach to developing their business model; it has diversified into new areas of operation and expertise and shown resilience in the face of difficult market conditions," said Guy Isherwood, editor, Commodities Now and sponsor of the awards. "OM has set the standard for operational excellence, not only in the energy markets, but financial markets generally. Proven expertise, a solid financial base and a willingness to adapt and cut costs has enabled the company to expand its franchise."
Today, 83 percent of all exchange traded power in Western Europe is run through techno-logy from OM. OM's technology portfolio comprises solutions that provide energy marketplaces with the ability to develop markets - regardless of instruments, delivery type, assets, geography or maturity of the market.
"OM is gratified to be recognized for the outstanding transaction processing services we provide to energy industry marketplaces and participants," said Ulf Lidman, President Energy Market Solutions, OM. OM has solid and long-term experience in running large and complex projects on a global scale with a client roster of more than 100 financial market participants globally, including 25 exchanges and clearing organizations. Through owning, operating and maintaining exchanges, OM possesses a unique insight into the demands and requirements necessary for smooth and trouble free trading.
