Tags: Best Ctrm Software, Best Risk management software, C/ETRM, Cloud, cloud software, commodity trading & risk management-CTRM, CTRM, energy industry, Energy News, Pioneer Solutions
Cloud-based Software-as-a-Service has quickly become a compelling and credible delivery model for business applications. If you aren’t converted yet, then realize how you already take part in on-line banking, share your medical records with healthcare providers, and access your retirement investments.
All very personal information that you may think should be equally or more sensitive than the production database of commodity trading companies. Further consider how much your business relies on communicating via the internet.
On-premise installed C/ETRM software would be as equally ‘out-of-service’ as a cloud-based solution when the internet isn’t available. Therefore, for the educated trading professional looking for proven solutions that lower cost and improve operations, there is something Between Heaven and Earth: The Cloud.
Tags: C/ETRM, Commodity Trading, CTRM, ERP Systems, Pioneer Solutions, risk management, softs commodity, software, TRMTracker
There are several definitions but commonly an Enterprise Resource Planning (ERP) system automates and integrates core business processes such as taking customer orders, scheduling operations and keeping inventory records and financial data. ERP systems have been around and made popular by companies such as SAP, Oracle, Microsoft, NetSuite and a slew of lesser-known vendors.
A fully integrated solution promises to deliver operational efficiencies and improve business results. What’s not to like?
It’s no surprise that softs commodity traders were sold on such an established solution. However, when trading is surrounded by risks and volatility, index pricing and non-standard contract invoicing, they may wonder: Is it Nuts to use ERP instead of CTRM?
Tags: CTRM, ETRM, regulatory compliance, risk management, software, total ownership cost
Wishful Thinking is an attitude or belief that something you want to happen will happen even though it is not likely or possible instead of by appealing to evidence, rationality, or reality.
Not Invented Here (NIH) is a state of mind or philosophy that stems from a belief that in-house systems are inherently more suited to one’s organization than third party solutions. This results in a tendency to attempt to “reinvent the C/ETRM wheel.”
Tags: C/ETRM, CTRM, ETRM, Mobile App, Pioneer Solutions
Earlier this month, Pioneer released a new mobile app that enables our customers and their users of our C/ETRM and environmental software solutions to securely and easily perform critical processes anywhere, via their mobile device. The mobile app supports various features of our industry-recognized Pioneer Solutions C/ETRM software applications in order to allow users to continue normal workflow managements outside of the office and on-the-go.
Tags: business logic, C/ETRM, CTRM, ETRM, etrm architecture, etrm implementation; etrm technology, hard vs soft coded etrm, Pioneer Solutions, user defined fields, work-flow driven Etrm
Despite a multitude of options, features, functions and benefits being offered in the C/ETRM software marketplace, many lack a number of key, desirable elements. Of the many important decisions to consider when embarking on a C/ETRM system purchase (read our blog “6 C/ETRM System Downfalls to Avoid”), one of the most crucial things to take into consideration is how the software architecture has been developed and coded.
Tags: back office, Best Ctrm Software, Best ERM software system, Commodity Energy Trading and Risk Management -Etrm, CTRM, Ctrm-Etrm decision support software solution, energy events, Energy Risk, energy risk policy & procedure, Energy Risk USA- Houston, energy-risk usa, Pioneer announcment news and events, Pioneer announcments news and events, Pioneer News, Pioneer Solutions, TRMTracker
It is that time of year again—Energy Risk USA 2013 is rapidly approaching and associate sponsor, Pioneer Solutions, is eagerly preparing for what is expected to be a great event. The 17th annual Energy Risk USA will take place May 14-15th at the Hilton Houston Post Oak in Houston, Texas. Preand post-conference workshops will take place May 13th and 16th, respectively.
This year, representatives from Pioneer will be on-site to answer questions and discuss their next generation C/ETRM solutions.
Tags: 2013, compliance tracker, CTRM, Dodd-Frank Compliance, EMIR, Energy Risk, energy risk rankings, energy risk software survey, Environmental Compliance Solutions, etrm budgets, Pioneer Solutions, regulatory compliance, REMIT
Energy Risk recently released the results of their 2013 Software Survey and Rankings. In these results, ETRM software vendors were ranked in several different categories on a variety of capabilities. (For Pioneer’s results, click here.)
In addition to surveying participants on vendor capabilities, the survey also gathered information from respondents about their plans and preparedness on certain issues. This year, the big topics were budget and regulatory compliance.
Tags: 2013, CTRM, energy industry, ETRM, NBU, New Braunfels Utilities, new client, Pioneer announcments news and events, Pioneer Solutions, TRMTracker, work-flow driven Etrm
Pioneer Solutions is pleased to announce that New Braunfels Utilities (NBU) of Texas has purchased the TRMTracker C/ETRM software solution. Pioneer Solutions will provide the TRMTracker, facilitating NBU’s total management of all of their energy trading business processes, reporting and risk management. In addition, the software will be used to automate bilateral and ERCOT settlements and accounting.
“We have chosen Pioneer because of their ability to offer a flexible solution with rapid delivery, which NBU requires to support our unique energy trading and risk management operations.”
TRMTracker is a comprehensive next generation end-to-end energy/commodity trading and risk management solution that supports the entire lifecycle of trading. The system will allow NBU to manage all facets of their business by providing front to back management of energy trading.said Paula DiFonzo, CEO of New Braunfels Utilities.
For the Complete Press Release, including contact information, visit our Newsroom.
About Pioneer Solutions
Pioneer Solutions is a global software provider of next generation Commodities and Energy Trading and Risk Management (C/ETRM) Environmental Management Information Systems (EMIS) & Enterprise Compliance Solutions. Pioneer’s comprehensive suite of products are designed specifically for utility and energy companies and offer a single seamlessly integrated platform that can handle all commodity types, risk exposures and compliance needs.
Offering the latest in business processing capability, Pioneer’s products offer the user a configurable environment that allows for customizable templates for workflow and user-defined custom formula entry. Serving some of the largest utilities and energy companies across the globe, Pioneer’s flexible solutions are designed for rapid deployment and easily adapt to clients’ unique business processes, model complex trading scenarios and automate business processes.
Tags: CTRM, Energy Risk USA- Houston, ETRM, Pioneer announcment news and events, Pioneer News, Pioneer Solutions
This past year has been an eventful one for Pioneer Solutions and we would like to quickly recap on a few of the highlights and accomplishments of the past year and talk about our goals and expectations for 2013. From new development releases on our product to great turn outs at events, there is much to talk about for 2012. As we enter into 2013, Pioneer Solutions is very busy preparing for what we hope will be an even busier year than the one before.
Let’s take a look back at what has happened:
Product Development and Growth
This year we have added several new clients to our growing customer base and hit a growth spurt that allowed us to add some new key personnel to our team. Since our inception now 10 years ago in 2002, we have grown internally 600%! We are excited about this milestone and hope that it marks only the beginning of what is to come.
Tags: Best Ctrm Software, Commodity Trading and Risk Management-Ctrm, CTRM, Ctrm vendor, Ctrm- Etrm software selection guide, ETRM, etrm implementation
CommodityPoint has released a new whitepaper, “5 Critical Success Factors in Selecting and Implementing CTRM Solutions.” In it, discover the factors you should consider when making important decisions about CTRM solutions for your company.
To download, click here.