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Pioneer Solutions Launches New Energy-Trading Risk Management Software
Denver -

DENVER--Pioneer Solutions LLC, a software provider for the financial, environmental and regulatory compliance marketplace, announced today the launch of its new energy-trading risk management (ETRM) software, TRMTracker, to serve mid-sized commodity and energy firms.

Until TRMTracker, few trading systems designed for energy markets delivered comprehensive trade management at reasonable prices. Pioneer Solutions' TRMTracker software supports the entire trading life cycle, from deal capture to scheduling, from risk management to settlement, at a fraction of the cost of comparable products. TRMTracker allows companies to manage their entire workflow in one IT-friendly, auditable system.

“Few risk-management products offer a true end-to-end trading platform, and those that do are usually out of the price range of mid-range firms,” said David Leevan, vice president of Pioneer Solutions. “TRMTracker is a superior product at a fraction of the cost of comparable offerings. With TRMTracker, smaller commodity and energy-trading firms can compete with the big boys.”

TRMTracker's functionality includes deal capture, price curve management, position reporting, scheduling, confirmation, risk reporting, credit risk tools, limits management, contract administration, settlement, billing, hedge accounting, treasury and corporate compliance — all in a single, integrated ETRM platform.

About Pioneer Solutions LLC

Pioneer Solutions LLC is a leading provider of enterprise-wide financial and regulatory risk software to the utility sector. The company focuses on front/middle/back office and environmental workflow management across multiple departments, streamlining complex processes, creating new efficiencies. Visit www.PioneerSolutions.us for more information.

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Friday, March 20, 2009 11:03 PM
 
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