Lockdown Business Continuity Using MarketView
An interview with Sven Schoerner, Product Manager of Enverus
ComTech Advisory: Tell us about the MarketView product. What is it?
Sven Schoerner: MarketView is our flagship product in Enverus Trading & Risk and is actively used by around 6000 users in more than 600 companies. It is a market data aggregation software platform that gives access to thousands of real time and historical datasets and news sources. We cover data from all energy commodities, agriculture, metals and financial data. MarketView is available as a desktop application, via an Excel Add-In and through a mobile app.
ComTech Advisory: What are you hearing and seeing from prospects and customers with respect to lockdown business continuity?
Sven Schoerner: Working in commodity trading usually requires access to multiple business critical software systems and often a specific hardware setup with multiple monitors and trading turrets. Replicating and maintaining such a work environment at home on short notice for many employees at once was and remains a big challenge for all participants in this market.
ComTech Advisory: How can Enverus and MarketView help as regards business continuity for example?
Sven Schoerner: MarketView can be easily installed in less than a minute on any Windows computer. Once the user logs in with their username, they immediately have access to their previously used workspace configuration. You don’t need to run our software on Citrix and you don’t need an additional authentication device.
This makes it much easier for our clients to get set up quickly and to be able to pick up their work from where they left off when they left the office.
We wanted to be there for our customers during this unusual times; therefore, ewe offered all our existing clients unlimited additional user licenses for free for 60 days. Our software system often runs on wallboards in trading floors that can be viewed by users that don’t have individual licenses. We want to give those users access to our software at home as well.
ComTech Advisory: What do you think are the take aways for the post-lockdown future?
Sven Schoerner: Many of my colleagues and I have partly worked from home for many years. But for many businesses and employees this is a completely new challenge the pandemic has brought upon them. I think after this pandemic is over, many companies and their employees will evaluate how this period has worked for them and they will evaluate the potential “costs” of working from home against costs they have from office rent, commuting, etc.
I am sure that working from home will be more common in the future than it was in the past.
This also means that software providers like us will make a bigger effort in the future to make their products work on multiple devices at multiple locations without a huge installation and configuration effort.
ComTech Advisory: What plans do you have around MarketView going forward?
Sven Schoerner: We have a lot of ideas and coming improvements on our roadmap for MarketView. One of them is the better integration with our in-house market forecast and analytics data. Being able to access this data on one platform together with 3rd party price data is a huge differentiator that we have compared to our competitors.
We will also make the use of proprietary data with our product much easier for the user to upload at will and we will better integrate our mobile app with our desktop application. Finally, and most important, we will continue to ensure that the MarketView platform and our new web-based curve builder solution have a seamless experience for our customers.
About Sven Schoerner, Product Manager of Enverus
Sven Schoerner is the Product Manager for the MarketView products within Enverus Trading & Risk. Before joining Enverus in December 2019, he worked in various gas trading front office roles and later as a Product Manager in the ETRM space.
