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Pioneer Solutions Launches Energy Trading Software

Monday, March 23, 2009 5:16:00 AM PDT | VentureDeal Staff

Denver, Colorado  --  Software company Pioneer Solutions said that it has launched a new energy trading and risk management software application.

Called TRMTracker, the system is designed to serve midsize commodity firms in their efforts to capture deals, keep track of their positions as well as contract administration, settlement, hedge accounting and treasury and corporate compliance.

“Few risk-management products offer a true end-to-end trading platform, and those that do are usually out of the price range of mid-range firms,” said David Leevan, vice president of Pioneer Solutions. “TRMTracker is a superior product at a fraction of the cost of comparable offerings. With TRMTracker, smaller commodity and energy-trading firms can compete with the big boys.”

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