ETRM Solutions - Primetech Systems Inc.

Primetech Systems, Inc.
Company Profile
October 2014
Vijay Shah, President
Rick Fozard, Principal
Primetech Systems, Inc.,
60 Abele Road, Suite 1105
Pittsburgh, PA 15017, USA
Phone: (412) 221 7600
Fax: (412) 221 7642
VS@psiamerica.com
RFozard@psiamerica.com
Strictly Confidential © Primetech Systems, Inc.
Notice

THIS DOCUMENT IS PROPRIETARY AND CONFIDENTIAL

This document is the property of, and is proprietary to, PRIMETECH SYSTEMS, Inc.,
and it is protected under the copyright, trade secret and confidentiality laws of the
United States and under international treaties. Please be aware that no part of this
document may be reproduced in any form or by any means, electronic or
mechanical, whether now known or later invented, including, without limitation by
photocopying and recording, for any purpose without the express written consent of
PRIMETECH SYSTEMS, Inc. In addition, due to the proprietary nature of
PRIMETECH SYSTEMS's methodologies and other information contained herein,
this document and any derivative content may not be shown or otherwise disclosed
to any third-party without the prior written consent of PRIMETECH SYSTEMS, Inc.
Strictly Confidential © Primetech Systems, Inc.
2
Today’s Energy Industry
The energy industry remains in a state of change and evolution. New types of commodities
products, markets, and trading strategies are continuing to emerge. Energy clients continually
get bombarded with new regulation requirements. Ongoing readiness to support Dodd-Frank
Act reporting remains a high focus and a challenge for many energy clients.
The art of managing risks is more challenging than ever. Traders and Risk Managers need to
respond to multiple demands on many fronts. They require technology solutions that manage
risks, monitor FAS compliance, provide real-time reporting and analytics, and tackle the
massive Dodd-Frank Act Regulations.
Our approach to ETRM solutions combines the use of proprietary methodologies, trading
data, third-party software solutions and technology into one solution to help clients manage
their energy-trading risks.
The information that follows will provide an overview of Primetech, our core focus areas,
capabilities, solutions and what we have done for some of our clients.
Strictly Confidential © Primetech Systems, Inc.
3
About Primetech
•
•
•
•
•
•
•
•
•
Privately held, Pittsburgh, PA. based IT professional services organization; established
in 1996
Certified Woman owned & Minority Business Enterprise (WMBE)
Core industry focus: Energy / Utilities
Specializing in Energy Trading & Risk Management (ETRM) IT solutions
Business Process and Technology savvy
Independent insight on technology; vendor agnostic
15 years experience with leading ETRM software vendors
Primetech developed IP to enhance ETRM compliance & reporting
National client base
Strictly Confidential © Primetech Systems, Inc.
4
Core Focus Areas
Utilities / Financial Services
All industries


Trading and Risk Management



Custom application development
for Front, Middle and Back Office
Regulatory Compliance




System selection, Implementation
and Integration
Custom application development
and integration for Commodity
Futures Trading Commission
(CFTC) Dodd-Frank compliance,

Client Server (N-tier applications)

Business Intelligence

Data Warehouse

Web based initiatives
Vendor Technologies & Products:
Derivative Accounting for
Financial Accounting Standards
Board (FASB 133)
Federal Energy Regulatory
Commission (FERC) EQR
reporting
Securities and Portfolio Mgmt.
Strictly Confidential © Primetech Systems, Inc.
Custom application development
solutions
5

MS .NET, Oracle, SAP, HP

SunGard, OpenLink, Allegro, Triple
Point, SolArc, SAS
Trading and Risk Management

TRM System implementation,
Upgrades & System Integration
 SunGard AligneTRM (Zainet)
 Allegro Development

Interface design:
 SunGard AligneTRM (Zainet)
 OpenLink
 Triple Point
 OATI (Open Access
Technology International)
 ICE (Intercontinental
Exchange)
 ISO’s
 Spreadsheets

Risk process analysis, risk
analytics and risk reporting
 Zainet Analytics (ZNA)
 SAS Risk Dimensions
Commodity Trading
Risk Management
Risk Reporting &
Analytics
Systems Integration
Strictly Confidential © Primetech Systems, Inc.
6
Risk & Compliance
PrimeFAS – FASB 133/138/149 compliance solution
PrimeDFRE – Dodd-Frank compliance solution

PrimeFAS (SM)
 A comprehensive and highly
cost effective software solution
designed to improve and
automate derivative accounting
and reporting efforts.

PrimeDFRE (SM)
 An audit trailable integrated
solution to automate eConfirmation and Dodd-Frank
compliance for financial
transaction reporting to the
CFTC approved Swap Dealer
Repositories (SDR)
PrimeFAS (SM)
Application
(Proprietary)
PrimeDFRE (SM)
Application
(Proprietary)
Strictly Confidential © Primetech Systems, Inc.
7
Custom Software Development & Solutions

Lifecycle Development
– Concept to Solution
Business Analytics &
Reporting
IT Assessments &
Audits
Product Enhancement
Migrations, Upgrades,
Integrations
Strictly Confidential © Primetech Systems, Inc.
8
Sample Solutions / Projects
 Deal Capture
 Retail customer aggregation
 Market Data Capture
 Curve management /
Interpolation
 ERP financials interface
 Manage Performance
Testing & Automation
 Web based Reverse
Auction application
 Online HR Leadership
Assessment application
 Dynamic Content
Management solution
 Cold Fusion to MS.NET
migration / Intranet site
consolidation
 Enhancements to Specialty
Pharmacy software product
ETRM Solutions – Implementations & Integrations
Utility in Washington: Re-implementation and customization of ETRMS for
middle and back office, FERC EQR reporting and Data warehouse reporting
Utility in Alberta Canada : ETRMS restructuring of configurational data to house
Primary Economic Terms for CFTC Dodd-Frank reporting to SDR (TradeVault)
Diversified Utility Group in NorthEast: Credit Risk Implementation in ETRMS and
development of reports – credit risk, market risk, position, P&L reports, audit
reports, business process analysis
Utilities in NJ : ETRMS Trade migration project from OpenLink to SunGard.
Included application migration, DB optimization, and data uploads / interface
Utility in Central US: Development of Zainet – GMS interface utility
Leading energy player in Texas: Middle Office Implementation
Canadian Corporation: ETRMS – Power & Gas - implementation, modeling
generation; modeling FX
Strictly Confidential © Primetech Systems, Inc.
9
ETRM Solutions – Risk Analytics and Reporting
Utility in Texas: Development of a custom Risk Management System, that
tracks risk exposure for retail (Large C&I)
Utility in Texas: Implementation of Siebel Energy SFA
Regional Utility in NY: NYISO interface development for regional utility in New
York
Demand Aggregator in PA: Net-2-Business (N2B) system feasibility
assessment and development, including electronic payment functionality, for
an online energy services demand aggregator
Largest midstream energy network in Texas: Integration & automation of trade
upload for FASB 133 solution.
Utility in Texas: EEC Transaction modeling (Retail load aggregation and
upload into ETRMS).
Strictly Confidential © Primetech Systems, Inc.
10
Partial Client List

Energy / Utilities

Healthcare,
Financial, Insurance

Calpine Corporation

Duke Energy

Creehan & Company

Exelon

First Niagra Bank

First Choice Power

Northwestern Mutual

Iberdrola Renewables

MetLife

Liberty Power Corp.

Eaton Cutler-Hammer

NRG Energy

Federated Investors

Optim Energy

Fiserv

PNM Resources

Fort Pitt Capital Group

PP&L

UPMC

Seattle City Light

Vanguard Financial

Tractebel USA

TransAlta

Luminant (TXU)
Strictly Confidential © Primetech Systems, Inc.
11