RiskAdvisory Releases
BookRunner® v11 Featuring Web-Enabled Architecture
Platform
enhancements continue RiskAdvisory BookRunner ® ’s long-term relevance
and commitment to energy risk industry technology trends
CALGARY (May 9, 2006) – RiskAdvisory, a division of SAS and a leading provider of integrated risk solutions to energy market participants, today announced that it has upgraded the architecture of its energy trading and risk management (“ETRM”) solution, RiskAdvisory BookRunner ® . This premier ETRM system is specifically designed to manage the complexities associated with the volatile global energy commodities markets. BookRunner ® , first introduced to the energy industry more than eleven years ago, is rolling out Version 11 offering web-enabled technology featuring increased open access and easier, cost-effective maintenance.
Today’s IT organizations are evolving their applications from closed systems on single computers and server systems toward service-oriented platforms accessible through web browsers and available on the Internet, intranets or extranets. BookRunner ® v11’s new architecture enables it to operate in this preferred environment allowing users to have access at home, on the road or in remote locations. In addition, IT departments deploying BookRunner ® v11 will be able to upgrade or customize the software in real-time leading to substantial cost savings. The technology is secure and access can be opened or closed according to client business objectives and controls.
Catering to the full range of physical and financial instruments, BookRunner® provides deal capture, contract management, confirmation letter generation, position tracking and reporting, forward curve management, market risk and credit risk quantification, collateral management, and invoice preparation. To provide the utmost in reporting flexibility, BookRunner ® offers more than 75 stock reports that can be run using a wide combination of parameters. RiskAdvisory’s ETRM solution is built upon a powerful relational database management system featuring open connectivity, high performance, easy integration, superior stability, and customizable system templates that allow modifications to the interface without affecting the underlying data structure.
“RiskAdvisory continues to maintain its position as the premier provider of energy risk reporting and tracking software with BookRunner ® . This new architecture enables greater flexibility, access, and ease of maintenance,” said Brian Nicholson, Director of Product Development. “RiskAdvisory is strengthening its offerings in line with the latest technology advances and requests from customers. Our strong commitment to providing our clients with a powerful and robust suite of software solutions, while ensuring usability and maintaining unparalleled customer service continues to be the hallmark of RiskAdvisory.”
About RiskAdvisory (A division of SAS)
RiskAdvisory is a leading provider of integrated risk solutions to energy companies operating in today’s volatile energy commodity markets. Founded in 1995 by accomplished energy risk professionals, the company has provided risk software solutions, management consulting and educational services to more than 220 clients in the global energy sector. Headquartered in Calgary , Canada , RiskAdvisory produces software solutions that are used by a growing number of well-known energy companies. RiskAdvisory was acquired by business intelligence software leader SAS in 2003. www.riskadvisory.com
About SAS
SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at 40,000 sites – including 96 of the top 100 companies on the FORTUNE Global 500® – to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For three decades, SAS has been giving customers around the world The Power to Know®. Visit us at www.sas.com .
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