Le Lézard
Classified in: Oil industry, Science and technology, Business
Subject: LIC

cQuant.io and Molecule Announce Technical Partnership to Power Total Portfolio Management


DENVER and HOUSTON, Oct. 26, 2021 /PRNewswire/ -- cQuant.io, a modern analytics company, and Molecule, a modern ETRM/CTRM software provider, have announced a technical partnership. With their partnership, cQuant.io will power advanced analytics and what-if scenarios based on portfolio data in Molecule.

Energy trading and risk management relies on both comprehensive trade management and sophisticated analytics. ETRMs such as Molecule allow customers to capture trade data and automate reporting. The integration with cQuant.io will enable Molecule customers to run more complex analyses on their asset and trade data. cQuant.io customers will have a natural partner in Molecule when they look to improve their ETRM capabilities.

"The energy industry is being powered by modern SaaS platforms that seamlessly integrate their data flows in real time. Molecule and cQuant share this same vision. Together we can serve the energy industry with a complete solution," said David Leevan, CEO of cQuant.io.

"Both cQuant.io and Molecule have built cloud-native, multi-tenant, SaaS solutions," said Sameer Soleja, Founder and CEO of Molecule. "cQuant.io and Molecule have similar approaches to software principles and customers. We are excited to partner with a great team."

Traders and risk managers want to understand the boundaries of what they could do before they do them. Molecule's ETRM is designed to be a single-source-of-truth for a trading portfolio. With the cQuant.io integration, Molecule users can perform robust "what-if" analysis of potential trades including their effect on cash flow and risk.

About cQuant.io
cQuant.io?is an industry leader in analytic solutions for energy and commodity companies.?Specializing in Total Portfolio Analysis, cQuant's cloud-native platform enables physical asset, financial contract, market simulation and risk management analytics in one place. cQuant is the leader in analytics for renewable, storage and other clean energy technologies. cQuant's customers have greater insight into their financial forecasts and the drivers of value and risk in their business. For more information or to schedule a demo,?visit?https://cquant.io/.

About Molecule
Molecule is the leader in cloud-native ETRM/CTRM. We make reliable, easy-to-use SaaS software for commodity traders, risk managers, and operations teams at hedge funds, marketers, hedge advisors, IPPs, and world-scale energy and PE firms ? in power, gas, crude, refined products, chemicals, and agricultural products. Molecule automates routine tasks and complex position, P&L, and risk calculations. Learn more about Molecule at https://www.molecule.io.

Media Contacts:
cQuant.io
Noelle Demo
Phone: +1-888.313.0303
Email: [email protected]

Molecule
Melanie Bell
Phone: +1 281.900.5287
Email: [email protected]

SOURCE Molecule Software; cQuant.Io


These press releases may also interest you

at 15:06
REI Path Ahead Ventures is celebrating 16 emerging companies completing its Embark program, bringing the latest products and experiences to the outdoor industry. Embark is a three-month curriculum created in partnership with Founded Outdoors to...

at 15:00
BrainSell, the growth enablement company specializing in helping clients grow with top-of-the-line business technology solutions, has promoted Kevin Cook to Chief Technology Officer (CTO). Cook's 15 years at BrainSell, working across business...

at 14:54
Ferrilli, a leading provider of technology solutions for higher education institutions, proudly announces its recognition as the Ellucian Implementation Partner of the Year for 2023. This esteemed award marks the second consecutive year that Ferrilli...

at 14:46
A modified, upgraded, and perfectly preserved 2006 Pontiac GTO sponsored by CRC Industries will be auctioned May 15, 2024 with all proceeds going to TechForce Foundation, a nonprofit organization that funds education for and champions young people...

at 14:40
CareHive Health, a pioneer in data-driven, digital-first, white glove navigation solutions, proudly announces the appointment of Julianne Bride, MBA, as CareHive's Vice President of Strategic Partnerships and Client Success. Julianne Bride's...

at 14:37
Abzena, the leading end-to-end integrated CDMO for complex biologics and bioconjugates, has announced the launch of its enhanced bioassay platform EpiScreen® 2.0, a comprehensive suite of assays that predict and evaluate potential risks of...



News published on and distributed by: