The goal of this series is to provide a brief list of the top news stories each month for the energy and commodities trading and risk management industries. These stories come from some of the industry’s top sources spanning from Bloomberg Businessweek to Oilprice.com.
6 C/ETRM System Downfalls to Avoid: Part One
Commodity and Energy Trading Risk Management, C/ETRM, systems are vital for any organization needing to minimize operational risks, keep up with industry regulations and standards, and increase process efficiency. As most in the industry can attest, however, C/ETRM systems vary greatly in capabilities and selecting the right one for your business can be a daunting task. Many times, these problems don’t surface until after the contract is signed and implementation has begun.
Therefore, it is of the utmost importance that key factors in choosing a system are addressed prior to selecting and attempting implementation. These days, companies are getting better at screening vendors beforehand, during the RFI and RFP process. The following are reasons one through three of the two-part series titled “6 C/ETRM Downfalls to Avoid.” This list is not exhaustive, but highlights commonly overlooked issues you should look for. Continue reading
Our representatives have been busy recently. Following our recent attendance at the OPIS National Supply Summit just a couple of weeks ago is one of our biggest European events: EMART. Join us there at EMART Energy 2013 November 26-27 in Berlin, Germany for one of Europe’s most established premiere energy trading events.
The theme for this year’s event is “Recharging the wholesale markets – a new identity for energy traders?” In its 15th year, EMART 2013 will bring together more than 850 energy trading professionals (50% of which are traders) and over 60 exhibitors for two days of information and networking. The conference will follow three separate streams and feature more than 70 industry speakers. Continue reading