Bord Gais marks first product hat-trick for ContigoCompany News, 23/May/2012 - James Weavin
Contigo, the Birmingham-based developer of specialist software for the energy industry is celebrating a landmark sales success.
The company has secured the sale of its full enTrader suite of products – designed to enhance and streamline the essential trading of commodities while reducing risk – to Irish energy provider Bord Gáis (BGE).
The sale marks the first purchase of all three components of the integrated suite, enTrader, enPrice and enVoy, by a company at the same time.
Jon Yeomans, director, Contigo, said: “The various elements of the enTrader suite are designed to work either independently or as an integrated product. Therefore a company may take one or two of our products before deciding whether or not to buy the others, however this is the first time that a company has taken all three components at the same time which represents a significant landmark for Contigo.
“Contigo also provides valuable assistance to organisations like BGE in passing the Elexon accreditation which ensures they are accredited as quickly as possible which is a requirement for them to trade and supply electricity to the UK market. We believe this is a key factor in companies selecting both enVoy as a product and Contigo as a collaboration partner”.
BGE has already implemented the enTrader and enVoy products, with enPrice set to undergo separate testing.
Andrew Bevan, Head of Portfolio Optimisation, BGE, said: “While Contigo’s products are built with customisation in mind, we will use enTrader and enVoy ‘off the shelf’. We really like the way that Contigo works with a great understanding of the products and customer requirements and the team’s positive, collaborative approach to working with their clients.”
Contigo’s flagship enTrader product suite has been designed from the ground-up to provide a competitive edge in today’s complex energy markets. With an emphasis on ease-of-use, ease-of-implementation and cost effectiveness, the enTrader products deliver the information and functionality needed across all trading business functions, providing a powerful and highly flexible solution to managing today’s complex and changing trading environments.
This marks the second time that Contigo has used its extensive industry expertise to assist a foreign power supplier in entering the UK market, having provided the same service to French energy producer CNR last year.
For more information on Contigo, their services or the enTrader suite of products, visit www.contigoenergy.com
You can also read the article as featured in Bobsguide.com
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.