FIS Blog

FIS Introduces Gas Trading Scheduling and Invoicing SaaS ETRM App for Retail


Markus Seiser | Monday, December 5, 2016

Although commodity prices have begun to recover, utilities, gas retailers, energy marketers and small producers remain focused on increasing their resilience to market uncertainty. In fact, 60 percent of North American energy market participants are considering hosted and cloud-based ETRM solutions in order to reduce application-associated IT costs and keep up with market changes, according to a recent FIS market study.

This is why FIS now offers a turnkey SaaS ETRM solution for gas retail companies. Delivering the same integrated core capabilities as FIS’ Aligne ETRM suite – which is used by some of the world’s largest energy trading firms, producers, utilities and large retailers – FIS’ Aligne SaaS | Retail Express covers trade execution and risk management, physical gas scheduling, inventory management and invoicing.

Here’s how Aligne SaaS | Retail Express benefits energy retail companies:

  • Core Aligne ETRM capabilities that are used by some of the world’s largest energy trading firms, producers, utilities and large retailers
  • Lower cost due to reduced up-front capital costs, a higher level of flexibility to keep up with market change, and reduced or non-existent need for IT staff
  • Security as FIS maintains close relationships with domestic security and intelligence communities to ensure that hosted systems and data are secure at all times
  • Rapid implementation of a standardized set of integrated, end-to-end capabilities − in as few as 60 to 90 days
  • Automatic software upgrades, so you’re always up-to-date with functionality, market and regulatory changes
  • Scalability to turn the usage up and down, depending on business requirements

Aligne SaaS | Retail Express is ideal for smaller gas retailers, energy marketers, producers and utilities who are looking to move away from spreadsheets that often limit reporting, auditing and scaling as their businesses expand. For larger gas retailers and utilities, this solution offers reduced up-front capital costs, a higher level of flexibility to keep up with market change and security needs, rapid implementation, and reduced need for IT staff.

Aligne SaaS | Retail Express is generally available to the North American markets.

For more information, please click here.

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Tagged in: SAAS ETRM, SAAS Gas Scheduling, SAAS Gas Trading, Institutional and Wholesale

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