SNCF-Energie is a subsidiary of SNCF Voyageurs, France’s national state-owned railway company. It supplies electricity exclusively to SNCF Group and its subsidiaries.
SNCF-Energie identified a need to replace its legacy risk management system. The business required a system that could be operational ‘out of the box’ but also easily enhanced and customised, and the software needed to be fully hosted in the cloud.
SNCF-Energie approached Contigo in 2020, and following a competitive process, Contigo’s enTrader ETRM solution was selected to accommodate SNCF-Energie’s requirements for managing its energy portfolio and trading activities.
Being a robust, extensible and flexible solution, enTrader truly met the brief. The two companies joined forces in a strong and agile collaborative partnership, which has served the companies well in the face of challenges created by the global pandemic.
Following a detailed and collaborative scoping phase, the core implementation of enTrader for SNCF-Energie was delivered in three months, on time, on budget and entirely remotely.
Contigo prides itself on delivering fast implementation timescales, and supported SNCF-Energie to rapidly realise the benefits of the software. This was possible due to advanced system design and out-of-the-box functionality, and Contigo’s experienced, dedicated and French speaking project team.
A fully-hosted SaaS solution was imperative to SNCF-Energie. Thankfully, enTrader is developed using modern architecture and technology, hosted on Microsoft Azure’s infrastructure (IaaS), which is accessed through an internet browser where connectivity is designed to be highly available, highly redundant and secure.
Built and designed for the web, enTrader’s modern architecture has resulted in powerful system performance delivered as an efficient cloud service. Support and maintenance are managed by the Contigo team, ensuring a knowledgeable and timely response, which means SNCF-Energie has one less thing to worry about.
Now, SNCF-Energie is enjoying the benefits of using a smart solution that meets their business needs.
Berryl Collon, Customer and Digital Director at SNCF-Energie, comments: “We are very pleased with the ETRM solution that Contigo provides. The system is user-friendly, flexible and gives us great confidence in the data. It is accurate, and middle office operations are faster and easier, thanks to automated processes that were previously undertaken manually.
“We are particularly pleased with the work Contigo is doing to support the generation of PPAs for renewable energy within enTrader. This is a new concept for SNCF-Energie, as our first plant is just starting to produce. This capability was designed jointly with Contigo from the start, so that together we could find the best way for it to be performant.
“Working with Contigo has led to a strong partnership. We wanted a collaborative and agile software provider, and Contigo is a great example of this. Communication is frequent and the entire process is fluid. We are flexible with our requirements, and similarly, Contigo is very flexible to adapt. We seek value and confidence, and Contigo delivers that.”
Contigo CEO, Simon Wheeler, adds: “We are delighted to be supporting SNCF-Energie with our ETRM software. What our relationship with SNCF-Energie demonstrates is the power of teamwork. Open, frequent and honest communication is fundamental to a project’s success, and despite the restrictions generated by the pandemic, we leverage every opportunity to communicate jointly. The success of the implementation is testament to that collaboration.”
Contigo’s award-winning enTrader ETRM solution is a multi-commodity, multi-user, time-series based system that supports the full trade lifecycle from deal capture and risk management through to settlement processes. It delivers automated trade capture, position management, risk management, credit management and regulatory reporting capabilities, and is increasingly recognised for its ability to support clients in managing both current and future challenges of European energy markets.
Contigo Software is delighted to be supporting SNCF-Energie with its energy trading solutions. The software provider has successfully implemented its enTrader® ETRM solution for the French company entirely virtually, proving the importance of collaborative and agile working practices.
Case study highlights
- enTrader ETRM solution implemented entirely virtually
- Implementation delivered on time and on budget
- SaaS solution offers efficiency
- Contigo delivers value and confidence