Contributor: Sid Jacobson
With deregulation for the most part behind us, trading desks coming and going, and many organizations meeting minimum acceptable risk control requirements, the energy industry finds itself entering the Compliance Era, a paradigm defined by new regulatory requirements, stricter market oversight and pursuit of aggressive penalty enforcement. And while the industry agonizes over adequate interpretation of new market regulations and gasps at the escalation of data requests, fines and punishment coming from regulators across jurisdictions, a small and proactive subset of market participants are seizing an opportunity to modernize the way they do business. They are capitalizing on new organizational and data efficiencies, improving regular, reliable and measurable transaction and portfolio insights and streamlining the transaction lifecycle.... read more

