In the News
 
Tuesday, 17 October 2017
Pioneer Solutions Sponsor ETOT London 2017  [more]
 
Friday, 06 October 2017
Pioneer Solutions C/ETRM readies Market Participants for EU MIFID  [more]
 
Friday, 28 July 2017
ACWA Power Selects Pioneer Solutions Trading and Risk Management  [more]
 
 
 
 
Pioneer Solutions Streamlines Energy Trading & Risk Management for East Coast Corporation

DENVER, CO USA- Pioneer Solutions, a leading global provider of commodity trading and risk management solutions, has been selected by a corporation that provides energy to multiple municipal utilities in the East Coast. Pioneer Solutions’ TRMTracker Energy Trading and Risk Management (ETRM) system automates and supports their Market Management and Planning Business Unit, ISO Settlement Market Data Process and related functions.

This corporation was looking for a top-notch provider of ETRM software with a proven record of successful execution. This includes the skills, capabilities, experience and commitment to work with as partners, to achieve its short-term and long-term goals. Pioneer Solutions was selected after a thorough evaluation process by having the most cost-effective approach for the corporations’ top priority functional requirements. By implementing a best of breed, commercial off-the-shelf solution, the corporation is able to streamline its business processes throughout the front, middle and back offices.

Pioneer's flagship C/ETRM platform, TRMTracker, provides an integrated solution from planning to deal capture, forecasting, position reporting, portfolio management, risk analysis and settlement. TRMTracker provides a high degree of user configurability where no coding expertise is needed and therefore designed for rapid delivery.

""Corporations that serve multiple municipal utilities seek next generation systems that are scalable in size and complexity, while being flexible enough to navigate the ever-changing energy market", said Uday Baral, Managing Principal at Pioneer Solutions. "We are extremely pleased to be selected as a partner and help them to properly and effectively manage the exposure to these changes.""

TRMTracker allows straight-through-processing for power and gas trading and risk management functions, including what-if scenarios to assist sales offerings, gas storage management, and visibility to commodity risk, credit risk and compliance. It further delivers robust reporting capability based on a configurable book structure that allows to meet the unique needs of the corporations’ operations.

About Pioneer Solutions 

Pioneer Solutions is a global provider of C/ETRM, environmental management and financial and regulatory compliance solutions. Serving utilities and trading companies across the globe, Pioneer’s Suite of flexible software applications deliver easy-to-use and integrated functionality for Trade Capture, Position Analysis, Portfolio Management, Risk Reporting and Settlement, thereby providing the insight and granularity to manage operations optimally. Our pioneering and award-winning software offers a user-configurable environment and designed for rapid deployment resulting in a lower total cost of ownership and enhanced customer satisfaction.