Pioneer Solutions Enhances TRMTracker’s Risk Engine to Include Enterprise Risk Metrics
DENVER, September 23, 2010 –
Pioneer Solutions LLC, a regulatory compliance and risk management software provider, has announced significant enhancements to its comprehensive energy trading and risk management – ETRM solution called “TRMTracker.” TRMTracker is an affordable and comprehensive ETRM-CTRM software solution for companies with commodity exposure. TRMTracker manages the complexities of trading, hedge compliance-FAS 133, physicals management and financial risk. TRMTracker’s advanced architecture easily integrates with existing systems and processes transactions straight-through from deal capture to journal entry; a necessity for true enterprise risk management. “This is a significant improvement. We can now offer companies the ability to truly see all encompassing enterprise risk metrics like Cash Flow at Risk (CFaR) and more,” said Bill Molnar, Pioneer’s Director of ETRM & EMIS Solutions for the America’s.
The ability to view risk measures such as Credit Value at Risk (CVaR), Cash Flow at Risk (CFaR), Collateral at Risk (CaR), Earnings at Risk (EaR), Potential Future Exposure (PFE), and Total Potential Exposure (TPE) will significantly help companies that need the ability to better manage, measure and predict enterprise risk. “The driver behind this enhancement is the industry’s need to better track cash as more companies are margining trades to lower counterparty credit risk exposure,” said Uday Baral -Pioneer’s Principal Consultant.