From changes in the energy industry, where assets got into the hands of financial traders to become asset-backed traders, or where renewable energy has caused an increase in short-term and cross-border trading, to growth in physical trading across non-energy commodities to meet global demands, it has given rise to a need for integrated functionality to
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 them to know how our C/ETRM solutions will benefit their operations through increasing process efficiency, reducing cost, minimizing operational risks while maximizing
With so much coming at you – from market volatility to digitization to accounting practices to regulations – it is understandable that one may try to avoid facing those realities and, as they say, bury one’s head in the sand. However, as many of those realities are affecting critical areas of your business, such a
No this is not about hyped technologies like microservices or blockchain. This is about modern yet proven technologies, for those of you whose C/ETRM system can’t perform transaction valuation and position visibility in real time. For those of you, whose C/ETRM architecture must rely on 3rd party emulation software to deliver a cloud solution. For
They say that data is the world’s new currency or the new oil. Ongoing digitization has created vast streams of data, considered as corporate assets that enterprises try to leverage in a ‘Data Economy’ to improve efficiencies and drive revenue growth. In the field of commodity/energy trading, a next-generation and integrated C/ETRM system can capture
In this new world of digital transformation, forward looking energy/commodity trading companies are leveraging automation to accomplish what their competitors are still doing manually. At the same time, driven by tech-savvy users who grew up on digital, they are looking for new ways of implementation, innovative delivery methods, and quick service. Combined with market demands
CTRM is a term you are familiar with as a reader of our Blogs: Commodity Trading and Risk Management Systems. They are purpose-built software systems to automate complex and routine tasks and business processes around supply/sourcing management thereby eliminating manual processes and reducing costly errors. CTRM systems have been commercially available for almost two decades,
Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), and of course digitization has been and still are hot buzzwords. AI has been around for some time, while the term Machine Learning is a more recent term, often opportunistically used to rebrand AI. Machine Learning can be considered a current application of AI based