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 solution for companies with commodity exposure and are looking to manage the complexities of hedge compliance, physicals and 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 enterprise risk metrics like Cash Flow at Risk (CFaR) and more,” said Bill Molnar, Pioneers Director of ETRM Solutions. 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,” said Uday Baral VP of Global Sales.

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. Our leading edge, formula and template-driven technology (no coding) can easily adapt to unique business requirements and easily interface with other applications. Serving some of the world’s largest energy players, Pioneer’s advanced FARRMS technology platform allows organizations to realize new efficiencies as data and processes are managed across multiple groups. In addition to the FARRMS software product solutions Pioneer provides consulting, implementation and environmental reporting services.

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