In one of our previous Blogs we wrote that operating in an environment where flexibility at a lower cost is required, this means a different type of technology solution and implementation is a necessary change for the future of C/ETRM. Next generation C/ETRM solutions from pioneering vendors can deliver on those requirements where legacy system and
What an exciting start to the new year! Goals and resolutions are being pursued in order to do things better or differently. At Pioneer Solutions, one goal never changes, and that’s our commitment to approach every engagement with our existing and prospective customers with one objective in mind; ensuring their success and satisfaction. We want
GDPR is the new General Data Protection Regulation from the European Union (EU) which comes into effect in May 2018.Its intention is to strengthen and unify data protection in an increasingly digitalized world for all individuals within the EU. Personal information is defined as an ‘identifiable natural person’, whether it relates to private of professional
We don’t need to dwell on how we are living in an increasingly competitive and fast-paced world. Conditions that put pressure on companies to change. Not just their markets, operations, and organizations but also their beliefs. Those willing to take risk, step out of their comfort zone and into the discomfort of uncertainty will be
For the 9th year, Energy Trading Operations & Technology Summit (ETOT), held in London on 7-9 November, provided an opportunity to discuss best practices and solution to the most pressing challenges around operational and technology issues. Pioneer Solutions joined them as proud sponsor and as a true Pioneer staying ahead of developments in the energy
The past years have seen an emergence of renewable electricity generation which caused a shift to short-term and intraday trading. Traders use the intraday market to optimize their position to reduce risks associated with unexpected imbalance prices charged by the TSOs, while others see the Intraday Market as an important tool for their portfolio management.
Digitization is the process of converting information from analog into a digital (i.e. computer-readable) format. It increases the efficiency of business processes. In the field of commodity/energy trading, C/ETRM systems provide a solution to accomplish this. To further improve the efficiency and speed of those work flows, Robotic Process Automation (RPA) is being introduced to
Most market participants will not have missed the activities around upcoming changes on the regulatory and accounting side. While most are aware, are most also ready? Time is running out with the first change as soon as November 1, and significant other changes effective by January 2018. Revisions to EMIR will be up first. For