Gateway Energy Corporation chooses FASTracker to manage hedge accounting and FASB compliance
Denver, CO, USA, October 2, 2009 – Pioneer Solutions LLC is pleased to announce that Gateway Energy Corp. has chosen FASTracker to manage hedge accounting and FASB compliance activities.
FASTracker provides an integrated hedge accounting software package designed to conform to all FASB accounting standards. FASTracker automates end-to-end hedge accounting processes from documenting accounting policy and hedging relationships to generating journal entries. FASTracker supports both Hedge and MTM accounting and
netting of assets and liabilities.
About Pioneer Solutions LLC
Pioneer Solutions is a leading provider of software products, powered by the Financial and Regulatory Risk Management System (FARRMS). FARRMS is an integrated platform providing straight through processing for specific Front Office, Middle Office and Back Office functions. The FARRMS solutions allow organizations to realize new efficiencies as data and processes are managed across multiple groups. In addition to the FARRMS software products, Pioneer Solutions provides consulting, implementation and environmental reporting services.