Entero Corporation Announces New Risk Functionality To Proactively Manage Physical and Financial Positions
CALGARY, Alberta–(BUSINESS WIRE)–#E1—Entero
Corporation, a trusted leader in energy software solutions for the
upstream and midstream sectors, is excited to announce new risk
functionality in Entero®
ONE™ (E1). These enhancements allow midstream companies to easily
set up their workflows and rapidly access the daily information required
to maximize trading decisions and mitigate risk from both physical and
financial perspectives.
“A critical industry challenge is the ability to report volumetric and
cash flow positions of current inventory, balance of month, and forward
deals in past, current, and future states,” says Dave Romanzin, Vice
President, E1 Product Development at Entero. “The enhancements available
in E1’s 2018.04 release address this challenge by allowing users to
report cash flow results, opening inventory, and both realized and
unrealized price exposures—all in one place. Results are reported in
real-time and can be reviewed immediately as deals are entered.”
Some key features of E1’s new risk functionality include:
-
Calculation of opening inventory balance and all physical actuals
valued at market; - Display of multiple currency exposures in a single valuation currency;
-
Capture books at physical and financial deal entry for simplified
hedge management; - Ability to enter curves directly on deals;
-
Futures pricing to support Calendar Month Average (CMA), Trading Month
Average (TMA), Cash and Prompt+ pricing with dynamic averages; -
Reporting on all exposed market positions with intuitive searching;
and, - Pivot functionality for customizable views of data.
“We actively listened to our clients and partners and received valuable
input for E1’s risk functionality. The innovations we added really
deliver on our commitment to create more time and insight for our
clients,” said Steve Remmington, President and CEO of Entero. “This
functionality further helps our clients make informed decisions based on
data they can trust and opportunities they can see.”
Click
here to find out more about E1’s risk functionality, or contact [email protected]
for more information.
About Entero Corporation
Entero helps companies effectively plan, execute, and settle complex
multi-commodity midstream transactions. Entero ONE is a focused solution
for companies dealing with gas, crude, NGLs, biofuels, and refined
products. The system can support all full cycle functions associated
with the entire hydrocarbon supply chain, including production,
processing, trading, logistics, and accounting. Learn
more today!
Contacts
Entero Corporation
Tammy Cho
Director of Marketing
[email protected]