Direct Energie Selects ZEMA to Automate Data Management Processes
ZE PowerGroup Inc. (ZE) is delighted to announce that Direct Energie SA (Direct Energie) has chosen ZEMA, ZE’s data management solution for power and gas market participants, to support the trade, risk management, and settlement systems used by its European power and gas team.
Direct Energie selected ZEMA after a competitive evaluation of possible solutions for its data management needs. Direct Energie’s ZEMA implementation aggregates all market pricing data from many European power and gas exchanges and uses this information to automatically feed Direct Energie’s internal data warehouse. The ZEMA implementation and integration with Direct Energie’s internal environment was completed within six weeks; the project was managed by ZE’s growing UK office.
Richard Leonard, Product Development Manager for ZE UK Ltd., said of this project, “The Direct Energie implementation highlights the ease and speed with which clients can have a working ZEMA environment installed. Through ZEMA, Direct Energie has achieved significant cost savings by removing its cumbersome internal data aggregation processes. Thanks to the solution, Direct Energie now enjoys improved data automation and validation.”
Romain Verdier, Head of the Energy Department at Direct Energie, said, “Direct Energie is very pleased with its selection. Efficiency was key in this implementation, and the organization is confident that ZEMA equips its European gas and power teams with the functionality they require to better manage market data.”