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Pioneer Solutions Named in Automated Energy Trading Market Study

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Pioneer Solutions, a leading global provider of energy portfolio and risk management software solutions, announced today that it was named in the final results of a market study on "standard software for automated energy trading" conducted by The Advisory House, a consultancy firm focused on the European energy trading sector.

DENVER (PRWEB) July 31, 2018

Pioneer Solutions, a leading global provider of energy portfolio and risk management software solutions, announced today that it was named in the final results of a market study on "standard software for automated energy trading" conducted by The Advisory House, a consultancy firm focused on the European energy trading sector.

Considering a market where wholesale prices are stable at low levels, increasing renewable capacities result in increasing short-term volumes, and where intraday trading margins are shrinking, market participants have been looking at automated trading solutions. With these challenges, and questions on what market to be in and what strategy, this study sets out to identify the level of automation and which software to use.

The survey focuses on the European power market, and considers functions to be supported from strategy development to trade execution, as well as the market position and strategic development path of the participating vendors.

"As a broad ETRM solutions vendor, rather than a specialist, and true to its name, Pioneer Solutions with its next-generation C/ETRM platform was well positioned to directly participate in this first edition," says Hugo Stappers, Director of Sales and Marketing EMEA at Pioneer Solutions. "TRMTracker is a "live" ETRM system, and provides the real-time processing capability to deliver the automation that reduces the burden on traders, portfolio managers, forecasters, settlement staff, and business leaders".

For the original version on PRWeb visit: https://www.prweb.com/releases/pioneer_solutions_named_in_automated_energy_trading_market_study/prweb15661013.htm

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