Tag Archives: best Etrm system

C/ETRM Automation Increasing Productivity and ROI

Post by admin on July 5, 2017

Next Generation C/ETRM Solutions

When C/ETRM systems were introduced 20 years ago, the goal was to automate the complex and routine tasks and business processes of commodity trading, eliminating manual processes, reducing costly errors, minimizing operational risk and increasing efficiency. Today we live in an age of digital transformation, artificial intelligence, virtual reality, blockchain, and much more, with the goal to be agile, streamlined, efficient and harness the ability to leverage opportunities. While some of those cutting-edge technologies certainly cross the path of C/ETRM systems, industry surveys tell us that even the original automation goals have not been realized by the legacy solutions. Next-generation C/ETRM systems take advantage of the latest technology and deliver functionality to do more with less.

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Gas Pipeline EBB Automated Scheduling Solutions – ETRM Software

Post by admin on September 24, 2012

logoTwo basic approaches exist for automating gas scheduling and nominations to interstate pipeline electronic bulletin boards, or EBB’s: 1. A flat-file upload which typically requires a scheduler to login to the EBB and then upload a file. Or 2. EDI adapters that are designed to fully automate the scheduling process with a two-way EBB communication featuring no manual intervention. Note: For no manual intervention, a company’s energy trading & risk management, or ETRM system must be integrated with the scheduling EDI adapter; this can be a tough task for older technologies.

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Intro. to New Utility Enterprise Risk Management
– ERM Software

Post by admin on April 29, 2012

most improved

The Current State of ERM Software & Introduction to the Next Generation Utility Enterprise Risk Management- ERM Software Solutions  

The interdependencies and intricacies of today’s utility enterprise risk management- ERM have never been so complex and all-encompassing. The risks for utilities fall into several related yet often disparately treated risk buckets. The main risks a utility must manage include but are not limited to market risk, credit risk, operations/operational risk and compliance risk that include many facets of compliance like Emissions, RECs and regulatory risk (FERC, NERC, EPA and more). While utilities are often thought of as risk adverse these risks are real and eminent and often managed disparately in silo systems and spreadsheets.

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Business Intelligence for ETRM – Improved
Company Performance Metrics

Post by admin on April 25, 2012

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Business Intelligence -BI for ETRM- Improve Your Companies Performance Metrics

Chances are your ETRM system provides inadequate reporting? Chances are that your company has had to build a “data warehouse” on top of your ETRM to support management and additional reporting needs. Chances are that this step has required significant IT investments.

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Pioneer Recognized “Most Improved ETRM Vendor” -Energy Risk Rankings 2012

Post by admin on April 11, 2012

Pioneer Solutions LLC of Denver, CO. Recognized “Most Improved ETRM Vendor” -Energy Risk ETRM Software Rankings 2012 by an independent client and peer survey.

Pioneering

Ranked in 7 Categories: Awards Include Front Office & Trade Capture, Portfolio Management,Best Customer Service, Ease of Integrating with other Systems, Best Knowledge of the Market, Customer & Support Services, Overall ease of using the System.

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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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Top Ten Things to Consider When Purchasing an Etrm Software System

Post by admin on December 5, 2011

Know Risk. Know Reward1. Total Cost of Ownership- If you don’t consider this in your evaluation you are in for a real shocker. Change management in an ever evolving regulatory landscape means that your Ctrm-Etrm system will have to be constantly evolving as well, this is where the hidden costs will get you. Remedy, consider newer technologies that require “No Coding Needed” (no consulting needed) for change mgmt. this will save your budgets in the long run and your IT department will thank for you for not stretching their resources.

 

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