Monthly Archives: February 2012

Top Risks in Enterprise Risk Mgmt. ERM, ETRM Software Implementations

Post by admin on February 29, 2012

What are the Top Risks associated with Enterprise Risk Management -ERM & Commodity Energy Trading and Risk Management CTRM-ETRM software implementations and how can they be avoided:

Pioneering

1. Will the software easily meet your unique requirements. In the ERM and/or CTRM-ETRM world this is probably the toughest challenge that vendors and their clients face, why is that? Because every client does C-Etrm and ERM differently presenting a huge challenge for the vendors; in most cases the vendor will require coding changes to meet unique requirements, this is where the risk of delivery starts. HINT: Look for formula-driven C-ETRM software that is  “configurable” with “no coding expertise needed” for change mgmt. and implementation this drastically lowers the delivery risk and time to deliver. Products that require coding changes are risky and expensive and this is where implementations start to go rogue.

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Part 3 ETRM Request Proposal RFI, RFP Back-office Settlement Software

Post by admin on February 26, 2012

Part 3 of 3 Blog Series

Request for Proposal -RFI RFP Considerations for Commodity Energy Trading & Risk Management C-ETRM Back-office, Energy Billing & Energy Contract Settlement Software

In today’s competitive C-ETRM software system vendor space vendors are accustomed to responding to a variety of Requests for Information-RFI and/or Request for Proposals -RFPs for enterprise risk management and commodity trading risk systems. That being the case, it is important to define certain criteria that should be included along with important features and benefits that are sometimes overlooked when entities are soliciting quality back-office features of commodity trading systems.   With a host of options, features, functions and architectures available in the energy billing and settlement  software space there remains some important back-office high-level features, benefits and functional areas that one should consider in a RFI- RFP proposal for a quality enterprise energy billing and contract settlement software solution:

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Part 2 Request for Proposal- RFI RFP for Middle-office Risk Software

Post by admin on February 21, 2012

Part 2 of 3 Blog Series

 Part 2 Middle-office Enterprise Risk Mgmt. ERM Etrm Software Request for Information- RFI & Request for Proposal-RFP Considerations:

In today’s competitive commodity energy trading and risk management C-ETRM software system vendor space vendors are accustomed to responding to a variety of Requests for Information-RFI and/or Request for Proposals -RFPs for enterprise risk management and commodity trading risk systems. That being the case, it is important to define certain criteria that should be included along with important features and benefits that are sometimes overlooked when entities are soliciting quality risk management systems.   With a host of options, features, functions and architectures available in the risk system software space there remains some important technical, middle-office high-level features, benefits and functional areas that one should consider in a RFI- RFP proposal for a quality enterprise risk management ERM software system:

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Part 1 Request for Information/Proposal- RFI RFP for Etrm Software

Post by admin on February 13, 2012

Part 1 of 3 Blog Series

 Request for Information- RFI & Request for Proposal-RFP Process Defined for Ctrm-Etrm (C-ETRM) Software: Technical, Security & Front-office Considerations -Part 1

In today’s competitive commodity energy trading and risk management C-ETRM software system vendor space vendors are accustomed to responding to a variety of Requests for Information-RFI and/or Request for Proposals -RFPs for enterprise risk management and commodity trading systems. That being the case, it is important to define certain criteria that should be included and important features and benefits that are sometimes overlooked when entities are soliciting quality C-Etrm products.
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Top Considerations for Commodity Trading
Software

Post by admin on February 7, 2012

Know Risk. Know RewardLooking for the latest in Commodity Trading Software Platform Architectures that require no coding to implement and manage? Like the Iphone was to the cell phone industry, new template and formula-driven commodity trading and risk managment- CTRM architectures are blazing a new path in the commodity trading space  ….These systems are so easy-to-use and configure, you can implement them yourself?

Run your hedge fund like a professional with straight-through processing from commodity, equity, finanical and physical deal capture to advanced risk measure and metrics to billing and invoice with automated accounting journal entries- all in a snap- At Pioneer Solutions we make Commodity Trading and Risk Management -CTRM Easy!

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Etrm Software Architecture Review Formula based Vs. Hard Coded

Post by admin on February 3, 2012

FARRMS ArchitechtureFormula-driven Vs. Hard Coded ETRM Architectures- Differences & Benefits
With a host of options, features, functions, benefits and architectures available in the C/ETRM software space there remains some important differences to consider when embarking on a C/Etrm software system purchase. First, let’s distinguish the difference between hard coded software (Traditional Etrm Software) and new template-based and/or formula-driven architectures.

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