The Information Technology landscape has been transformative for many industries for the past five years, especially for the finance and commodity markets. For the Insurance and Reinsurance industry, IT infrastructure and data-driven decision-making tools need to catch up. Multiple factors, such as a rapidly expanding data universe, cloud, and distributed technologies, and highly granular and […]
Organizational silos are problematic because they can lead to informational discrepancies between business departments which operate independently of one another. Data silos are extremely detrimental for two main reasons: their inflexible composition limits the amount of sharable resources, and they induce high operating costs due to a need for additional management personnel and large amounts […]
Traditional methods of extracting oil and fossil fuels eventually face a limit. We can only return to the same well so many times before the well runs dry, and we must look elsewhere. In the case of oil and fossil fuels, we have begun to look deeper and deeper beneath the surface of the planet […]
The New York Independent System Operator (NYISO) was founded in 1999, a period of high electricity prices, in hopes that a more competitive marketplace would help bring the cost of electricity down (NYISO). Currently, the NYISO is responsible for the reliability of power generation and transmission in the state of New York. For over a […]
After eight years in the works, a sod-turning ceremony was held September 13, 2013 to celebrate the beginning of a new project that will result in a $5.7 billion refinery in Redwater, Alberta (about 50 km north of Edmonton) (The Globe and Mail). The Sturgeon Refinery is the first large-scale refinery to be built in […]
With the data universe ever expanding at a rapid rate, it’s important that business analysts and market traders are aware of how the latest data information could impact their decision-making. At ZE, we’re always striving to provide a superior and innovative data management solution to our clients worldwide. One of the ways we do this is […]
I work for the company that develops data management software solutions and I’m frequently asked what kind of companies use ZEMA, and how much time and money it saves them. Although I won’t give you the exact dollar values, I will describe one of our most frequent user cases – energy traders. Let’s take a […]
ZE PowerGroup® provides robust data management and analysis software tools that help corporations with their trade and risk related activities. These tools have been developed across a wide range of customer types as related to energy and commodities. The ZEMA software tools enable superior decision support for corporations by providing powerful management and analysis capabilities […]
FYI: Energy and Commodities Enterprise Data Management Conference is bringing together friends in the energy and commodities industries for two days of a valuable information exchange and networking. If you are coming, do not miss a workshop “Developing the Corporate Trade and Risk Infrastructure from the Front Office to the Back Office”, on Tuesday October […]