UK energy supplier BES selected Contigo’s award winning energy trading and risk management (ETRM) system enTrader, coupled with Contigo’s nomination and scheduling platform, enVoy, to increase data accuracy and efficiency across its UK energy trading platform. Contigo’s integrated suite of software will provide BES with access to key management information in near-real time. enTrader® will introduce straight-through-processing, enabling automation and increased efficiencies to BES’s energy trading and nominations. enVoy will provide transparency to its traded positions for UK power, ensuring nominations are submitted correctly to Elexon. The move from manual processes to Contigo’s sophisticated software suite will support further business growth and deliver control, resilience and integrity to BES’s business processes. David Ballantyne BES’ Commercial Director commented: “Having viewed a number of potential software options to both enhance and protect our energy trading activities, Contigo’s suite of products was undoubtedly the solution most suitable for our specific business needs. BES is delighted to be working with Contigo’s highly professional and innovative team.” Contigo’s head of business development, Tim Rogers, commented: “We are delighted to be working with BES. This is further proof that Contigo’s integrated suite of energy trading software provides a seamless platform for businesses to automate financial processes
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Source: CTRM Center