Tag Archives: Energy Trading and Risk Management-ETRM

A Soft(s) Spot? – Easy insight into certified Counterparties and their Products

Post by admin on July 24, 2017

While recognizing its importance to an efficient and effective trading process, for many trading firms it still takes a laborious and manual effort to know who their approved counterparties are, which products they can trade, and to access certification and compliance paperwork. The quality of products delivered as well as increasing food safety legislation, require proper controls to protect reputations and comply with regulatory rules. At the same time, when those controls are inefficient they will impact the business. In an age of digitalization, the successful commodity trading firms have automated this. Do you have your trading partners’ information and offering at your fingertips, or is this a Soft Spot for you?

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Three Challenges in Turbulent Power Markets

Post by admin on July 18, 2016

Power Markets Blog Post

Wholesale energy markets have never been easy and when global deregulation started over 20 years ago, energy trading became more complex giving rise to information technology solutions to address the risks with energy trading: Energy Trading and Risk Management (ETRM) systems.

It was essentially the first message that the use of ETRM systems was the prudent way to help market participants manage complex risk scenarios and effectively trade and manage energy transactions from trade capture to delivery and settlement. Following several years of economic hardship due to the 2008 global financial crises, market participants now face an environment of ever-emerging rules, the effects of renewable energy and competitive pressures.

It is with an effective ETRM system that market participants can respond to three main challenges: Increasing complexity and workload, contain operating cost, and regulatory requirements.

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Top 10 Energy & Risk News Highlights | July 2013

Post by admin on July 31, 2013

bookWelcome to July’s Top 10 energy and risk news highlights.
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.

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Business Intelligence for ETRM – Improved
Company Performance Metrics

Post by admin on April 25, 2012

most improved

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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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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Pioneer Announces ETRM System Enhanced Front office and Deal Capture

Post by admin on November 28, 2011

Pioneer has made significant improvements to its premier, Top-rated Commodity, Energy Trading & Risk Management – C/Etrm enterprise software solution called “TRMTracker” :

Know Risk. Know RewardTRMTracker is a comprehensive, enterprise C/Etrm software solution for companies with physical and financial commodity exposure.  TRMTracker’s advanced, all web-based architecture is ideal for companies that are looking to upgrade their trading and risk systems with the latest C/Etrm technology.
The recently enhanced front-office is designed to improve the user, trader experience, including the ability to move, hide and rename input fields for a more personalized user experience. “This improvement greatly enhances the trader experience allowing them to easily customize the already easy-to-use deal entry templates,” said Bill Molnar, Pioneer’s Director of ETRM & EMIS Solutions for the America’s.
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Energy & Commodity Trading and Risk Management C/ETRM Software

Post by admin on November 14, 2011

Pioneer Solutions “TRMTracker”- Advanced Technology for C/ETRM

Pioneer Solutions’ Mission is to provide leading-edge, enterprise-wide, energy and commodity risk management and trading C/ETRM software solutions to our clients. Serving the largest utilities in the US and in Europe, our new enterprise C/ETRM technology platform is designed to easily configure to the way you manage and report your trading business. Our state-of-the-art, formula and template-driven technology platform fully supports straight-through of any and all derivatives and commodities both physical and financial. TRMTracker is a cost-effective solution that can be hosted or installed on internal servers.
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Is your Derivative Hedge Accounting-Fas 133 process fully automated?

Post by admin on October 3, 2011

Is your Derivative Hedge Accounting-Fas 133-157 process fully automated? Making a Case for Automating your Derivative Hedge Accounting Processes -Fas 133, 157 and IAS39 automation

FASTrackerDerivative hedge accounting standards such as FAS133, FAS157 and IAS39 along with disclosure requirements are here to stay although discussions on convergence and simplification continue to occur. Anybody who has implemented a derivative accounting process can vouch that compliance can be a daunting, complex and laborious task.

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Part 1 “A Business Case for a New Ctrm-Etrm System”- Dodd-Frank Req.

Post by admin on September 19, 2011

Part 1 “Building a Business Case for a New Ctrm-Etrm System”- Meeting Dodd-Frank Requirments

Pioneer BannerSo you’re frustrated with or you need to make some tough decisions about your current commodity energy trading and risk management Ctrm-Etrm system and/or you’re trying to build an internal business case for a system upgrade or replacement of your C-Etrm software.

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