ARB Midstream selects TRMTracker.com for energy trading and risk management

Pioneer Solutions LLC announced today that ARB Midstream (ARB) has selected TRMTracker.com, Pioneer’s award-winning cloud-based Trading & Risk Management Software-as-a-Service (SaaS) offering, to support the growth of ARB’s midstream marketing and logistics business. ARB is taking advantage of TRMTracker.com’s web-based environment, which helps to simplify implementation, accelerate time-to-market, and gain ongoing processing efficiencies, while requiring minimal IT support. ARB Midstream is a private-equity backed, growth-oriented company providing crude oil and gas liquids midstream and marketing/logistics solutions in North America.  ARB operates a portfolio of crude oil gathering and transportation assets in Colorado, Oklahoma, Texas, and North Dakota. In addition to its gathering and transportation business, ARB provides marketing and logistics solutions to producers and refinery customers. “ARB Midstream needed a modern, flexible and robust ETRM system to support the growth of its marketing and trading activities”, said Rogan McGillis, Chief Financial Officer at ARB Midstream. “We believe that TRMTracker.com will increase the efficiency of the business and improve our trading, risk management and operational processes.” Delivered via www.TRMTracker.com, Pioneer SaaS offers a compelling value proposition to companies that do not require customized enterprise-level solutions for deal capture, position management, and standard reporting for mark-to-market, P&L, risk management, and settlement. TRMTracker.comaccommodates growing businesses who need a modern, agile… continue reading

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Source: CTRM Center

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