Pioneer Solutions LLC announced today that ARB Midstream (ARB) has selected TRMTracker.com, Pioneer’s award-winning cloud-based Trading & Risk Management Software-as-a-Service (SaaS) offering, to support the growth of ARB’s midstream marketing and logistics business. ARB is taking advantage of TRMTracker.com’s web-based environment, which helps to simplify implementation, accelerate time-to-market, and gain ongoing processing efficiencies, while requiring minimal IT support.
ARB Midstream is a private-equity backed, growth-oriented company providing crude oil and gas liquids midstream and marketing/logistics solutions in North America. ARB operates a portfolio of crude oil gathering and transportation assets in Colorado, Oklahoma, Texas, and North Dakota. In addition to its gathering and transportation business, ARB provides marketing and logistics solutions to producers and refinery customers.
“ARB Midstream needed a modern, flexible and robust ETRM system to support the growth of its marketing and trading activities”, said Rogan McGillis, Chief Financial Officer at ARB Midstream. “We believe that TRMTracker.com will increase the efficiency of the business and improve our trading, risk management and operational processes.”
Delivered via www.TRMTracker.com, Pioneer SaaS offers a compelling value proposition to companies that do not require customized enterprise-level solutions for deal capture, position management, and standard reporting for mark-to-market, P&L, risk management, and settlement. TRMTracker.comaccommodates growing businesses who need a modern, agile business solution that is cost-effective and scalable.
“We are excited to partner with an innovative company like ARB Midstream”, said DJ Chance, Director of Sales for North America at Pioneer Solutions. “TRMTracker.com has helped several companies like ARB Midstream with proven flexibility at a lower cost of ownership. We look forward to helping ARB Midstream achieve its goals.”
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 delivers 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. The company’s pioneering and award-winning software offers a user-configurable environment designed for rapid deployment, resulting in a lower total cost of ownership and enhanced customer satisfaction.