July 18th, 2019. Pioneer Solutions, a leading provider of commodity/energy trading and risk management solutions, announced today the successful delivery and go-live of a complete upgrade of Essent’s energy sourcing, position management, and settlement system with the latest version of TRMTracker, Pioneer’s flagship C/ETRM system. Backed by Pioneer’s award-winning implementation methodology, the upgrade enables one of the Netherlands largest energy retail companies to support its supply and hedging operations with greater transparency, improved reporting, increased automation and efficiency. A Pioneer customer since 2008, Essent benefits from full transaction lifecycle support for physical and financial power and gas transactions, position management, (complex) settlement, and derivative hedge accounting. “Pioneer’s has impressed us from the start, and the latest version brings us state-of-the-art technology and functionality that is critical to our business”, said Ron Hilkes, Teamlead Wholesale Markets at Essent. “Upgrading was the next natural step in order to enhance our capabilities at the local level and be able to optimize the interactions at the innogy Retail Energy Management group level.” Voted “Preferred C/ETRM System” by clients and peers, TRMTracker offers a comprehensive and scalable software solution for commodity trading and risk management, supporting your entire trading cycle from trade capture and contract… continue reading
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Source: CTRM Center