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Energy
 

The energy industry in the midst of change. A number of factors have contributed to the changed business environment. The industry is seeing, among other things:

Deregulation in the gas and electricity markets: 24 out of the 50 US states have opened up or in the process of opening up their electricity markets.


Mergers among utilities and oil companies

New internet based competition: Emergence of demand aggregators, exchanges and retail services providers.

Changes in customer expectations: e.g. shop around for lower cost generating companies The Enron Fiasco


These factors have led to companies to re-orient their strategies and find space in the emerging energy industry landscape – i.e. Dis-aggregation of business units in a traditional vertically integrated industry.
Companies are increasingly facing "newer" kinds of risks and ways to manage them. Primetech Systems, Inc. understands the challenges a company faces while managing these risks. Primetech Systems is geared to help companies effectively implement such systems.The art of managing risks is more challenging than ever. In the energy market, instruments, products and strategies are getting more complicated. Traders and Risk Managers need to respond to multiple demands, such as technology solutions that manage risks, monitor FAS compliance to working with ever changing economic and industry variables. The Enron incident highlights the need for robust risk monitoring and FAS compliance.

Primetech Systems can help you in that endeavor. Our approach to Risk Management Technology solutions combines methodologies, trading data, third-party software solutions and technology into one solution to help you manage your energy-trading risks. We offer following technology solutions:

Risk Management Solutions
FAS 133 Solutions
Integration/ Interface Design & Development
Custom System Design & Development.

 

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60 Abele Road, Suite 1105, Bridgeville, PA 15017 ***Phone: 866-678-7600/412-221-7600 ***Fax: 412-221-7642
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