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Pioneer Solutions Voted #1 in Four Categories in 2016 Energy Risk Software Rankings

Pioneer Solutions, a leading global provider of energy portfolio and risk management solutions, announced today that it has been ranked first in four categories in Energy Risk Magazine´s 2016 ETRM software survey.

Pioneer Solutions ranked first for Overall Ease of Using the System, Customer Support Services, Best for Project Delivery on Time and Within Budget for the second year in a row and Carbon Emissions Trading.

The Energy Risk Software Rankings are compiled from the votes of Energy Risk readers and corporations that use the vendor systems. The awards identify the best ETRM systems, systems integrators, data providers and data management firms in a wide range of categories. Energy Risk magazine received voting forms from ETRM end users in utility/ power generation firms, power/ supply trading companies, banks, brokers, traders and consultants worldwide.

In addition to the four No. 1 rankings, Pioneer was again in the Top 5 of 22 different categories.

"Pioneer operates with one objective in mind, the success and satisfaction of our customers and our top rankings this year are clear reflection of our dedication, commitment and investment to deliver a world-class customer experience," said Uday Baral, President of Pioneer Solutions. "Our consistent ranking in the Top 5 for 22 different categories demonstrates that Pioneer offers a fresh and agile alternative to legacy ETRM systems."

Pioneer Solutions delivers commodities trading, portfolio and risk management solutions designed for commodity trading & supply companies. With an innovative approach to business applications, its C/ETRM platform, TRMTracker, offers clients both a rapid, easy implementation and a lower total cost of ownership.

Commodity trading companies choose TRMTracker because of its ability to model their most complex scenarios using a template-based and formula-driven approach that´s user-configurable – a factor that enables them to operate in the most efficient and cost-effective way possible.

The Energy Risk survey assesses software vendors based on the functionality, usability, performance, and reliability of solutions. Pioneer Solutions Top 5 rankings included the following categories:

Best overall ETRM platform, Best knowledge of market in which software operates, Best for project delivery on time and within budget, Best front-office system, Best middle office system, Best back-office system, Access to multiple OTC & cleared energy markets, Post-trade services, Market risk: gas, Credit risk, Gas trading, Power trading, Emissions Trading, Portfolio Management, Integration of different data sets, Degree of straight-through processing, Physical and financial integration, Widest product coverage, Overall ease of using system, Customer support services, Best customer service (data management), and Governance, risk and compliance.

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.