LONDON - 07 Dec 09 – DataGenic, the international specialists in the delivery of data management solutions, announced that it signed a partnering agreement with Abacus Solutions Inc, the developer of the integrated enterprise ETRM system, SATURN.
“We are very excited about our new partnership with Abacus Solutions Inc” commented Richard Quigley, CEO of DataGenic. “Like Abacus Solutions Inc, DataGenic’s philosophy is to develop and quickly deliver solutions that are attuned to client needs, without the steep investment, deployment lag and maintenance associated with proprietary offerings. DataGenic’s high performance and versatile data management solutions have been adopted by many organisations across the world and we are looking forward to working with Abacus Solutions Inc and their clients in providing advanced data management capabilities that will augment and enhance the powerful risk management capabilities offered by Abacus Solutions Inc”.
"We are pleased to partner with DataGenic and offer joint products and services that enable our clients to achieve operational excellence and gain and sustain competitive advantages” said Simon Dawes, Business Development Manager of Abacus Solutions Inc. “Our clients rely on a broad set of skills, tools and capabilities to meet their business needs. Through a carefully established Alliance and Partnership Program (APP), Abacus Solutions Inc enriches its own offerings with best of breed tools and services from a select group of partners" according to Mr Dawes.
About DataGenicDataGenic solutions deliver an uncompromising and refreshing combination of technology, performance and value to meet the complex data management requirements for companies that provide services in the Utilities, Oil & Gas, Investment Banking and Public Sectors. From a low-cost entry level to a full enterprise strength system, DataGenic sets a new standard in data management and operational efficiency by delivering the system infrastructure, flexibility and features to empower all business functions - transforming data into a strategic asset.
DataGenic solutions include Genic DataManager, a data management system which provides a controlled framework for the acquisition, processing, validation, management and distribution of complex usage data;Genic DataHub, a single source of market data that are thoroughly cleansed and validated and ready for use within downstream systems in a number of formats and distribution methods; and Genic DataGrid, a powerful charting, analytical and programming environment designed for energy market analysts, traders and researchers.
For more informationMartin Rose
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About Abacus Solutions IncAbacus Solutions Inc is the developer of the award winning software SATURN, an integrated enterprise ETRM system (front, mid, back office) with decision support capabilities and additional unique tools that offer solutions to key business functions. SATURN includes twelve applications: Market simulation, generation optimisation, parameterization, load analysis, trade capture, trade valuation, credit management, financial analysis, business intelligence, ISO integration, risk management and portfolio management. SATURN facilitates improved decisions and helps analyse corporate and functional risks, revenues, costs and profits for a portfolio of plants, trades and other assets. Using modern technology, SATURN helps users realise significant benefits and gain unique and sustainable competitive advantages. A combination of eight features differentiates SATURN from the crowded field of legacy ETRM systems: Advanced analytics, unparalleled performance, modular architecture, seamless integration, data acquisition, intuitive interface, enterprise services and enterprise mobility.
Abacus was recognized by the world's leading information technology research and advisory company Gartner Inc. (NYSE: IT), for its “innovative, impactful, and intriguing” software system, SATURN, and was included in the firm's "Cool Vendors in Energy and Utilities, 2009" report.
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