Find out about our latest news and developments.
Contigo are delighted to announce that we are now part of the Energy One group, a leading ETRM software house based in Australia, following a recent acquisition. Energy One is an Australian stock-exchange listed company and its software is used to manage nearly 50% of the wholesale energy trading in that market. Established for more … Continue reading “Contigo Joins Energy One Group”
It is more important than ever for businesses to be using systems and processes that provide efficiencies and help maintain competitive advantage. Earlier this year we conducted a Digital Innovation Survey Results and found that 69% believe spread sheets are not sufficient to manage the demands of the energy sector. Instead a modern energy trading and risk … Continue reading “What you need to do and ask to achieve a faster, more cost effective ETRM Implementation”
We conducted research at the start of the year to identify the views of energy traders, senior managers, Consultants and IT managers working in organisations including energy retailers, energy wholesalers, consultancies and energy generators in Europe and the UK. 71% of people we surveyed agree changes in the energy sector create exciting opportunities while 73% … Continue reading “Energy Trading – Maximising Profit and Minimising Risk in the age of Change”
A rapidly changing industry has resulted in a new generation of energy trading and risk management (ETRM) systems. This white paper, The New Generation of ETRM Systems, covers key components that successful energy trading organisations should expect in a modern system. Trading firms are discovering spread sheets and legacy solutions no longer provide the capabilities … Continue reading “The New Generation of Energy Trading and Risk Management Systems”
Come and meet us at E-world, we have moved to Hall 3 Booth 242. Our team will be available to meet with you at E-world and discuss how to future proof your business, access intraday markets and increase efficiencies by working in the cloud. Learn more on industry best practises to support you in achieving … Continue reading “Meet us at E-World”
Further growth in the Nordics for Contigo as HOFOR select Contigo’s ETRM system enTrader.
We are proud to announce the launch of our new National Grid accredited software solution for UK power generators. This new enVoy module simplifies the real-time management of EDL (Electronic Dispatch and Logging) communications with National Grid. Power generators and energy traders currently use our existing enVoy software to send and receive energy industry data … Continue reading “Contigo simplifies EDL communications with National Grid”
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”
We are delighted that UK Energy supplier BES has selected Contigo 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 Contigo integrated suite of software will provide access to key management information in … Continue reading “BES Utilities future proofs its energy trading with Contigo award winning software suite”
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.
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.
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.
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.
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.
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…
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.
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.
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.
