Award winning ETRM vendor, Contigo, will be showcasing its forward thinking Energy Trading and Risk Management software suite at E-World (Essen, Germany, February 6-8 2018)
A business unit of Trayport Limited, Contigo boasts a portfolio of customers throughout Europe across the Energy value chain, including generation, wholesale traders and retail suppliers. Contigo reported the greatest uptake of its Energy Trading and Risk Management software suite in 2017, with over 80% of new customers opting for cloud based solutions. The company believes this increase in cloud adoption results from the wide acceptance of SaaS advantages, particularly in terms of security and cost of ownership, and a rapidly changing energy landscape, bringing an increased need for successful businesses to adapt and update their existing trading platforms and systems.
At E-World, Contigo will be demonstrating how organisations can future-proof by implementing its cloud based energy software suite. Contigo’s enTrader ® introduces automation to business processes, provides STP access to intraday and day ahead market platforms whilst delivering position and portfolio management data in near real-time. Customers benefit from faster, more efficient processes and capitalise on an ability to react swiftly to commercial opportunities whilst reducing operational costs.
Contigo has led the way with cloud hosted ETRM systems, having introduced its secure SaaS offering in 2013. This cloud service includes the provision and maintenance of both infrastructure and software within a single tenanted environment. Bespoke customer adaptations are supported, while software upgrades are scheduled by customers and administered efficiently by Contigo experts with minimal disruption to the organisation. By adopting Contigo’s cloud service CAPEX is eliminated and in-house technical experts freed to be deployed to more valuable work.
Head of Sales and Business development, Tim Rogers comments; “Contigo is a forward thinking organisation with a strong interest in cutting edge technology. We see a huge shift in digital innovation from aggregation of renewable generation, storage and emerging supply businesses that will significantly impact energy trading. It’s essential that Contigo’s software continues to adapt and innovate so that customers can benefit from these new technologies.”