Tags: best trading back-office software, bi-lateral contract management software, Commodity Trading and Risk Management-Ctrm, energy retail billing, Energy Settlement software, energy wholesale billing, ETRM back office defintion, ETRM Software back-office, SAP Energy back office, Shadow settlement software
Built from the back-office forward by industry professionals, Pioneer Solutions offers a top-in-class energy trading back-office software (stand-alone) module called “SettlementTracker.” The product features a flexible and malleable no coding needed formula-driven architecture for management of all energy wholesale and retail contracts including shadow settlement, bi-laterals and more!
Some the largest Utilities in the world rely on Pioneer’s “SettlementTracker” as a stand-alone billing engine to manage their complex array of contracts both wholesale and retail. SettlementTracker is the back-office settlement engine module of Pioneer’s enterprise C/Etrm software system called “TRMTracker.” It can easily stand-alone and integrate with existing legacy ETRM systems or ETRM vendor products.
Tags: commodity trading & risk management-CTRM, derivative hedge accounting software, Energy Trading and Risk Management-ETRM, ETRM back office defintion, ETRM software, hedge accounting software, Hedging strategy, Pioneer Solutions, Trading Risk Blog
So why would a company enter into a hedge that becomes a cash burden? Remember entering into a hedge position is a way to lock in potential future exposure to a commodities volatility, however just because you think prices are going up in the future does not necessarily mean that they will. Should prices slide and not rise, for example the mentioned Utility “buy position” becomes a loss margin call cash exposure. The position now has a loss associated with it.
Tags: commodity trading & risk management-CTRM, CTRM, CTRM defined, CTRM definition, Energy Trading and Risk Management-ETRM, ETRM back office defintion, ETRM defined, ETRM software, Pioneer Solutions
Back-Office ETRM-CTRM definition
Back-office ETRM-CTRM Defined
The back-office ETRM-CTRM processes involve the settlement, hedge compliance-FAS 133 &157 reporting, invoicing and accounting of all ETRM-CTRM trading activities.
These activities are complex in nature and require unique skills to manage the complexities associated with derivative hedge accounting compliance, settlement and GL (AR/AP) management.