Greenchoice Selects Pioneer Solutions Energy Trading and Risk Management System

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Dutch energy supplier Greenchoice has selected Pioneer Solutions as software provider.

We selected TRMTracker because it delivered this functionality best and provides the flexibility and scalability necessary to accommodate the company's vision for growth.

Pioneer Solutions, a leading, global provider of energy portfolio and risk management solutions, announced today that Greenchoice, a Dutch energy supplier, has selected Pioneer Solutions' TRMTracker platform to manage its deal registration, position management, portfolio and risk management, and support its role as an active Program Responsible Party.

Headquartered in Rotterdam, Greenchoice focuses on supplying sustainable energy to over 360,000 Dutch residential and commercial electric and gas customers, including 25% of Dutch municipalities. The Dutch consumers' association, Consumentenbond, recently rated Greenchoice as the best energy supplier in the Netherlands. Greenchoice also directly owns a wind park with 24 MW of power generation.

"In order to get us to the next level, Greenchoice recognized it needed a robust and proven solution to streamline its operations, improve visibility and tighten controls around the wholesale sourcing processes," said Edgar Frijters, Portfolio and Sourcing Manager at Greenchoice. "We selected TRMTracker because it delivered this functionality best and provides the flexibility and scalability necessary to accommodate the company's vision for growth. Moreover, we have found Pioneer engages as a partner and came with a great reputation."

Pioneer's flagship C/ETRM platform, TRMTracker, delivers energy portfolio and risk management capabilities designed to meet the needs of today's energy trading & supply companies. TRMTracker offers an integrated solution providing Front-Office deal capture and position management, Middle Office compliance and risk analysis, Back Office settlement and invoicing as well as data and regulatory reporting.

Competing against other established ETRM vendors, the depth of functionality, the user-configurability and its experience in the Dutch market, contributed to the selection of TRMTracker after a thorough evaluation process.

"We are extremely pleased to welcome Greenchoice to our growing family of energy supplying customers." said Hugo Stappers, Director of Sales & Marketing EMEA at Pioneer Solutions. "With TRMTracker, Greenchoice achieves straight-through-processing thereby optimizing the information, process flow and business efficiency, which in turn lowers the cost of doing business and creates a competitive advantage.

About Pioneer Solutions: Pioneer Solutions is a global provider of C/ETRM, environmental management and financial and regulatory compliance solutions. Serving utilities and trading companies across the globe, Pioneer’s Suite of flexible software applications deliver easy-to-use and integrated functionality for Trade Capture, Position Analysis, Portfolio Management, Risk Reporting and Settlement, thereby providing the insight and granularity to manage operations optimally. Our pioneering and award-winning software offers a user-configurable environment and designed for rapid deployment resulting in a lower total cost of ownership and enhanced customer satisfaction.

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Carl Fuller
@Pioneer_ETRM
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