AUSTIN, Texas, (July 10, 2024) —
Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, today announced a strategic integration with Fendahl, a specialist provider of Commodity Trading and Risk Management (CTRM) software solutions, to offer energy traders enhanced solutions for improved risk management and decision-making.
This collaboration will introduce a pre-built connector within Fendahl’s Fusion CTRM platform, providing seamless access to Enverus’ comprehensive data suite. The integration will enable energy traders to efficiently utilize forward curves, settlement prices and foreign exchange data from Enverus’ MarketView Platform Suite. This combined solution aims to accelerate project implementations and deliver faster results by linking Enverus’ robust data API with Fendahl’s modern, customizable CTRM architecture.
Matthew White, CEO of Fendahl, added, “We are thrilled to collaborate with Enverus to deliver cutting-edge solutions that meet the evolving needs of the energy trading sector. Our Fusion CTRM platform, combined with Enverus’ market-leading data insights, offers a powerful tool for traders to navigate market disruptions, set strategic directions, and drive growth.”
The ability for energy traders and risk managers to access and analyze data swiftly is critical in responding to market changes, developing strategies and achieving operational efficiencies. This new integration will empower your trading organization with insights and tools to enable faster integration, improve end-of-day processes and provide a more reliable interface to market data, optimizing their trading strategies and minimizing exposure.
About Enverus
Enverus is the most trusted energy-dedicated SaaS company, with a platform built to maximize value from generative AI, offering anytime, anywhere access to analytics and insights. These include benchmark cost and revenue data sourced from more than 95% of U.S. energy producers and more than 40,000 suppliers. Our platform, with intelligent connections, drives more efficient production and distribution, capital allocation, renewable energy development, investment, and sourcing. Our experienced industry experts support our customers through thought leadership, consulting, and technology innovations. We provide intelligence across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities, with more than 6,000 customers in 50 countries. Learn more at Enverus.com.
About Fendahl
Fendahl is a global leader in providing innovative CTRM software solutions, offering tailored solutions to meet the unique needs of businesses. With a team of more than 350 experts, Fendahl delivers the Fusion CTRM platform, a modular and highly customizable software solution designed to streamline commodity trading and risk management processes. Learn more at Fendahl.com.
Media Contacts:
Enverus: Jon Haubert | [email protected]
Fendahl: [email protected]