Contigo expands enTrader product suite with Retail Portfolio Management moduleCompany News, 05/Jul/2012 - James Weavin
Energy software developer Contigo has expanded its flagship enTrader product suite with the launch of a new retail management module.
This latest addition to the suite – which includes the enPrice, enTrader and enVoy products - provides the capabilities for both small and large-scale retail energy suppliers to manage their energy portfolio more effectively, by optimising trading activities for one or more commodities, such as coal, oil, or natural gas.
Created by the company for retail energy suppliers such, enTrader RPM includes a number of innovative functions, including sophisticated hedging strategies, automated trade generation and detailed reporting to ensure a smooth and reliable portfolio management process.
The system also maintains a real-time view of a company’s complete portfolio, enabling users to easily see the firm and non-firm positions, current demand and hedging effectiveness – all of which is available at the push of a button.
Jon Yeomans, Director, Contigo, said: “This latest addition to our suite of products allows retail energy suppliers to more effectively and accurately manage complex and changing demand. Users are able to generate visualisations of how the portfolio has changed over time by using the product’s built-in Snapshot capability, which can be hugely beneficial in terms of streamlining the reporting process.
“With in-built pricing and valuation tools, a flexible retail contract management system and automated trade generation, enTrader RPM represents a clear step forward in the development of specialist ETRM/CTRM software for the energy industry.”
Contigo provides its products to a number of extremely high-profile clients, including Drax Power, Centrica and RWE nPower.
Contigo has had an outstanding year, securing a place on the prestigious Deloitte Fast 50 list of the UK’s fastest-growing companies alongside a number of new contract wins. Contigo has also made a number of additions to its product base and recently recruited a number of new employees to support the Company's growth.
For more information about enTrader Retail, please click here.
Alternatively please contact David Calmonson mailto:David.Calmonson@contigo.co.uk
Alternatively for more information on the enTrader suite, please visit the Contigo products page by clicking here.
Notes to Editors
Based in Solihull in the UK, Contigo is a leading provider of trading and logistics software products to the energy industry and is becoming the provider of choice for many energy companies who seek expert knowledge of their business in a supplier. Contigo’s enTrader product suite launched in March 2009 and is emerging as a market leader in addressing both energy retail portfolio management and fuel logistics as well as establishing itself as a serious contender in the Energy Trading and Risk Management (ETRM) space. For more information on Contigo, please visit www.contigoenergy.com.