<p>Energy trading, transaction and risk management (ETRM) software solutions are the highly specialized systems used by companies engaged in the production, buying, selling, moving and managing of energy commodities. With more than 70 firms offering ETRM solutions, from established companies servicing the entirety of the energy value chain, to smaller and sometimes upstart companies offering focused solutions for specialized links in that chain, selecting the right product and bringing that solutions on board can be a daunting task. This book, the second installment of the UtiliPoint Expert Series, follows Trends in Energy Trading, Transaction and Risk Management Software - A Primer and provides valuable insights into the process of selecting, implementing and maintaining these critical systems. It is intended to create a more complete understanding of those critical activities that will be the ultimate determinate of success for any company seeking to improve their ability to compete in a complex and dynamic energy commodities market. In addition to providing information about the specific activities involved in ETRM system selection, implementation, and maintenance, this book also provides in-depth discussions of critical tasks and decision points within those activities, including the importance of testing and the management of historical transactional information. Other topics will assist clients to better understand the business models of their ETRM solutions providers, as the strategies and decisions made by those vendors can have significant implications for the users of their systems.</p>

Selecting and Implementing Energy Trading, Transaction and Risk Management Software - a Primer

Business & Money

Patrick Reames

G Michael Vasey

Insurance

BookSurge Publishing

<p>Energy trading, transaction and risk management (ETRM) software is that category of software applications, architectures and tools that support the business processes associated with trading energy and broader commodities. In the broadest sense, energy trading means both the buying and selling of energy commodities such as crude oil, coal, natural gas, electric power, emissions and refined products, the management of the movement and delivery of the energy commodities, and associated risk management activities. Recently, with the emergence of energy and commodities as an asset class for financial traders such as hedge funds and banks, the boundary between ETRM and CTRM (Commodity Trading &amp; Risk Management) has become increasingly blurred. UtiliPoint research indicates that few, if any trading firms, now trade a single commodity and even what constitutes 'energy' is less distinct than it once was. These days, commodities such as freight rates, ethanol and emissions might be traded by energy trading firms in addition to crude oil, natural gas and so forth; and ETRM software is increasingly likely to cater to commodity trading generally and not just energy commodities. In this new edition of the UtiliPoint Expert Series, UtiliPoint's CommodityPoint experts, drawing on the company's industry leading library of research, review the latest developments in the energy and commodity trading space and provide the reader an in-depth look at the impacts these changes have had on the vendors of mission critical trading and risk management systems, and on the users whose companies operate in this volatile marketplace.</p>

Trends in Energy Trading, Transaction and Risk Management Software 2009 - 2010

Gary M. Vasey

CreateSpace Independent Publishing Platform

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