Will host ‘The Insider’s Guide to ETRM Solutions in Volatile Energy Markets’ on Thursday, February 5, 2015
Eka Software Solutions said it will host ‘The Insider’s Guide to ETRM Solutions in Volatile Energy Markets’ on Thursday, February 5, 2015.
The webinar features industry expert Patrick Reames, Founder and Managing Partner of Commodity Technology Advisory, who will describe today’s challenges in energy trading and risk management (ETRM). Mitch Law, Energy Consultant at Eka, will discuss the ETRM software solutions required to compete and win in today’s volatile energy and commodity markets.
The energy market is in a state of flux; oil prices plunged nearly 50% in 2014, while US natural gas production hit record highs over the last year. The impact of these changes are significant for energy companies whose success depends on profitably managing trading, risk, and the physical movement of products.
“The global energy markets are undergoing an unprecedented period of near unrelenting change, as technology innovations, regulation, and geopolitical upheaval are shifting the fulcrum under the energy supply and demand balance,” said Patrick Reames, Founder and Managing Partner of Commodity Technology Advisory. “For energy commodity producers, traders, and consumers, the implication of these changes is a prolonged period of market uncertainty.”
Energy companies need greater transparency into data coupled with better decision making tools to stay ahead of competitors. Without the appropriate energy trading and risk management (ETRM) software, companies risk making uninformed decisions which negatively impact the bottom line.
