The Mabanaft Group Uses FAMEs PAWS system for Decision Support Analysis

NEW YORK CITY and LONDON (PRWEB) August 3, 2003 -- The Mabanaft Group, one of the largest independent petroleum wholesalers and importers in the European Union has replaced its incumbent system with FAME Information Services leading historical price and fundamental analysis tool, PAWS, in multiple locations worldwide.

The organized database of energy prices, derivatives and fundamentals available in PAWS makes it easy to analyze exposure to price volatility over different periods, research and evaluate current market trends, deal modeling, identify arbitrage opportunities and netback calculations.

Stefan Herde, The Mabanaft Groups Business Development Manager, explained why Mabanaft chose FAME for their decision support analysis software, FAME have a reputation in the marketplace for high quality energy market data, providing the industry with the leading decision support software and an experienced first class support team. After a demonstration of PAWS, it became apparent that the powerful time-series manipulation capabilities, fast analytic performance and easy to use interface of PAWS was a perfect match for our business requirements."

About PAWS

PAWS is an integrated data management and analysis system for use in energy trading, market analysis and risk management. PAWS captures daily market information from up to 75 different sources via FAME 's Energy Data Service, integrates it with data from other sources, stores it in a single, well-organized database and makes it available for historical market analysis. Designed for the oil and gas markets, PAWS automatically handles energy-specific data manipulations like spread calculations and unit conversions, and presents information, graphs and reports the way that oil and gas traders need them. Renowned for its ease of use, PAWS is the leading historical market data analysis system in the energy industry, used daily throughout the world on the desktops of traders, analysts, risk managers and back-office staff for access to key market data.

About Mabanaft

Mabanaft, Marquard & Bahls trading subsidiary, is a leading importer and wholesale distributor in northwestern Europe. Internationally Mabanaft is a cargo trader supported by its firm anchor in the northwest European market. Through its subsidiary, Matrix Marine Fuels, Mabanaft provides first-class bunker service in the Gulf of Mexico.

About FAME Information Services

FAME Information Services Inc. (www.fame.com) is a leading provider of data management technology software and consulting solutions to the world's financial, public sector and energy markets. The readers of Waters magazine recently voted FAME the Best Data Management Vendor.

FAME is headquartered in New York City, with its European offices located in London. FAME's clients include top tier institutions in the areas of investment banking, asset management, public sector banks and energy trading firms in over 40 countries.

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