New York (Vocus/PRWEB) February 01, 2011
Parkland Industries Ltd., one of Canada’s largest independent fuel distributors and marketers, has selected SunGard’s Fame Energy to help support its investment, research and operational activities. SunGard’s Fame Energy provides quality-checked, fully-managed data feeds, decision support analysis, and enterprise data management
Parkland chose SunGard’s Fame Energy to help increase the speed, accuracy and accessibility of energy data for decision making. It also selected Fame Energy for its connectivity to OPIS, the Oil Price Information Service, a comprehensive global source for valuing petroleum positions. Fame Energy will help Parkland eliminate manual processes and reduce the risk of data errors by streamlining data collection and data quality checks. Fame Energy will provide Parkland with fast access to refined products prices, interest rates and fundamental data such as weather data.
William DeJong, supply analyst at Parkland, said, “Fame Energy provides us with the ability to efficiently access and analyze energy markets, and it helps us reduce costs and resolve many of the time-consuming challenges associated with data management, which will help us make better strategic decisions.”
Leslie Barbagallo, chief operating officer of SunGard’s Fame Energy business unit, said, “Fame Energy delivers timely data capabilities to Parkland to help it perform market analysis using accurate and clean data. This helps Parkland make better informed decisions when negotiating new and existing contracts, which often has long-term implications.”
About SunGard’s Fame Energy
Fame Energy provides enterprise data management, decision support, and quality-checked managed data services to support energy traders, research analysts, data and risk managers at energy companies and financial institutions. Used by oil, power and gas companies, and financial institutions, Fame Energy provides Web-based, desktop charting and analysis capabilities for energy trading, market analysis and risk management; hosted or on-site data management for managing, manipulating and distributing energy information across the enterprise. For more information visit http://www.sungard.com/fameenergy
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company.
Trademark Information: SunGard, the SunGard logo, and Fame Energy are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.