ZE Announces Successful Implementation of ZEMA Data Integration platform with Gasum
Implementing Cloud-based data management solutions for Gasum Trading and Risk Management Operations
ZE PowerGroup Inc. (ZE), the developer of the award-winning enterprise data management solution ZEMA™, is pleased to announce that Gasum has successfully implemented the ZEMA solution in the cloud.
After undertaking a competitive tender process, Gasum selected ZEMATM
as their central data and price curve management platform to support their trading and risk management operations across their gas and energy businesses.
The implementation of the cloud based ZEMA solution provides Gasum with a centralised data and price curve management platform encompassing fully-automated workflow processes, improving business efficiencies, transparency and control of corporate IP.
The ZEMA platform provides Gasum to an extensive data library and analytic tools and the ability to create and maintain complex forward curves. ZEMA enhances Gasum’s confidence in the integrity of their trading and risk functions.
With ZEMA integrated with Gasum’s ETRM solution, as well as other third-party applications supporting their daily operations, ZEMA has significantly reduced the overall cost of data ownership and maintenance.
“ZEMA provides us market data management service that reduces our time spent on maintenance and analysis. We have been pleased with ZE’s prompt service and fast deployments on our unique requests,” comments Mikko Askolin, Head of Operations and Development at Gasum.
“We are pleased to have Gasum as a client. Gasum joins our growing customer base in the European energy sector,” said Ian Gordon, Director of Business Development, European Markets, ZE PowerGroup UK. “Gasum had exacting requirements and timelines to support their growing business operations. The deployment of ZEMA in ZE’s dedicated cloud environment allowed for quick implementation with transparent fixed costs to meet Gasum’s goals. We were happy that we are able to implement their solution totally virtually. We are looking forward to working with Gasum both as a client and a long term partner.”