FIS Targets Energy Retailers with XDM

One area of growth for ETRM seems to be where there are competitive retail environments. Smaller, disruptive new entrants into these competitive retail markets might initially start out with Excel for managing their portfolios but quickly realize that they do need an effective and proper trading and risk management tool. FIS have also noted this trend and Ms. Irina Reitgruber told us recently that “we observe more and more small retail/sales-oriented businesses looking for portfolio management solutions. They would like to use their energy data for making better offers to their customers, to utilize the market more effectively and to value their customer deals using risk management techniques, to benchmark their retail business. We need XDM as a solution for these requirements.” XDM, readers might recall, was the solution from Energeya that FIS acquired in 2015 and which FIS is successfully positioning for smaller energy businesses across the space but particularly in retail where it had its roots as a software product. The software product has been updated by FIS to include the latest technologies, she told us, to provide things like containers to ease implementation, monitoring and scalability, a web portal capability, and stronger security. During 2019, Ms. Reitgruber… continue reading

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Source: CTRM Center

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