BES Utilities (BES) future proofs its energy trading with our award winning software suite

We are delighted that UK Energy supplier BES has selected our award winning energy trading and risk management (ETRM) system enTrader®, coupled with our nomination and scheduling platform, enVoy, to increase data accuracy and efficiency across its UK energy trading platform. Our integrated suite of software will provide BES with access to key management information … Continue reading “BES Utilities (BES) future proofs its energy trading with our award winning software suite”

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Fuelling your business growth – Supporting day ahead and intraday on EPEX Spot

We are delighted to announce the launch of our new enTrader® interface for all EPEX SPOT European markets on the day ahead auction market. The newly launched interface enables straight-through processing of trade capture for the day ahead auction market. We are now an Independent Software Vendor (ISV) with EPEX SPOT. This new capability means … Continue reading “Fuelling your business growth – Supporting day ahead and intraday on EPEX Spot”

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ETRM in the cloud

In the last two years the majority of new customers implementing Contigo’s Energy Trading Risk Management (ETRM) system have chosen a hosted service rather than physically deploying software. Operating software applications in a cloud environment removes CAPEX costs and provides lower total cost of ownership. However there are still many organisations that are reluctant to move to this new approach of working.

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Co-operative Energy chooses Contigo’s cloud-hosted ETRM solution

We are delighted to announce the UK’s largest customer-owned energy supplier, Co-op Energy, has chosen our cloud-hosted Energy Trading and Risk Management (ETRM) solution enTrader® to improve efficiency and flexibility in their energy trading.

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Contigo voted number one for ease of implementation

The results are out for this year’s prestigious Energy Risk software rankings and Contigo are winners! Named number one for ease of implementation. Our winning streak has not ended here; we have also been awarded number two for best cloud based CTRM/ETRM solution and have been voted in the top five globally across ten other categories.

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Real-time position data – an essential tool in a challenging energy market

Managing Director of Contigo, Adrian Bullock, comments on why real-time position data is essential to your business success and how best to achieve this through your ETRM systems.

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Contigo works with Lacima

We are excited to announce our successful work with award-winning energy and commodity analytics specialist, Lacima, to offer a new risk engine embedded in its enTrader® ETRM system.

Lacima is a widely recognised energy and commodity analytics software provider, and this is the first time that the company has embedded part of its risk functionality into an ETRM system. Our new enTrader® Analytics Module calculates Value at Risk (VaR) at any given time, giving risk mangers the information they need to put into place appropriate risk management strategies.

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Responding To Energy Market Change

The European power and gas industry is currently going through a period of very rapid change that has potentially far reaching consequences. While change is certainly no stranger to the industry, it requires players in the industry to constantly re-evaluate their business process and technology infrastructures in order to adapt and thrive. This whitepaper explores how…

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Risk Associated with Older Technology

Adrian Bullock, Contigo managing director warns that many energy businesses are operating with a higher level of risk than is necessary, because important systems do not use the latest technology.

He likens the situation in some to “driving a Heavy Goods Vehicle down the motorway and only looking out at the road ahead every few hours” and has released a simple check-list to help businesses judge whether their ETRM system is based on modern technology.

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Meeting your REMIT Obligations

Under the new REMIT regulation, which came into force on October 7th 2015, energy trading companies and large energy consumers will need to report all standard trades and orders to trade in the European wholesale power and gas markets to ACER, via a RRM (Registered Reporting Mechanism). There are various RRMs available, such as Trayport, EFETNet and RegisTR. “Standard” trades cover those executed on exchanges such as EEX and ICE, and the majority of trades executed electronically through brokers.

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Major Growth as New Clients Choose Contigo

Contigo has grown its client base significantly, since it launched enTrader® in 2009, and is also moving more clients onto its Cloud based service. Its clients are energy businesses across Europe, including; Ecotricity, NGF Nature Energy, Energy Team, Extra Energy & Centrica. In the last 12 months the company has won 12 new clients, all with major system deployments, in the UK, Switzerland, Denmark and Germany, including NGF and MET International.

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