RECENT NEWS
- February 2010 - Coal implemented in EnCompass (physical and financial).
- March 2010 - Renewable Energy Credits (RECs) implemented in EnCompass
- May 2010 - EnCompass implemented at Calgary-based storage operator and producer.
- June 2010 - Released Version 6.14. Added support for ICE e-Confirms, automated fax distribution of invoices; implemented storage invoicing module; improved support for power, including shaped deals and ICE integration; enhanced transaction workflow to support trader verification; introduced cross-commodity pricing (heat-rate transactions).
- October 2010 - Move to new premises due to growth.
- Q4 2010 - Version 7 will be released. This version will mark the completion of the ongoing project to migrate all key components to .Net. It will also include enhancements to storage (completely re-written with support for index-based fuel), power (scheduling, valuation using scalars), complex foreign exchange conversion rules and automated electronic confirmations.
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- Energy Risk User Choice Award - Top Package.
- EnCompass was implemented at one of the largest producers of natural gas and crude oil in North America. The full application suite is being used to manage the company's international portfolio of natural gas and crude oil transactions, with a particular focus on credit management.
- The scope of the existing EnCompass implementation at a major financial institution was expanded to include the full application suite. EnCompass now serves as the sole system of record for natural gas and crude oil, physical and financial transactions. As part of the implementation a new Value at Risk methodology (Historical Value at Risk) was developed and delivered.
- Version 4.0 released incorporating new enhanced functionality for risk analysis.