Paragon became part of MCG Energy in 2017. The Paragon Credit Risk Manager (CRM) and Energy Risk Manager (ERM) are natively integrated with the MCG Energy Software Suite. This enables customers to combine risk management with power and gas trading, scheduling, settlement functionality, and more in a single cost-effective solution.
Paragon Energy Gas Scheduling System (GSS)
MCG Energy’s latest risk offering is the Paragon Gas Scheduling System (GSS). This new ERM module captures and tracks gas purchase, sales, transport, and storage transactions. GSS provides timely pipeline positions and interacts with the trader’s Gas Position board, and manages gas nominations for day-ahead and intra-day scheduling. It includes tools for volume transfer, RT balancing, and asset optimization, tracks cash flow, and supports invoicing and financial reporting. GSS also performs path/rate queries from transportation agreements and web scraped tariff tables, and controls risk including exposure, MtM, and data integrity.
Paragon’s Gas Scheduling software also provides compliance support including SOX. Contact MCG today to learn what GSS can do for you.
Paragon Energy Trading Risk Management Software and ERM Software Solutions
Incorporating ERM and CRM into MCG Energy’s Software Suite provides a fully integrated SaaS offering with trading, scheduling, credit, risk, and settlement functionality across a broad spectrum of energy market participants, including electric & gas utilities, energy marketers, pipelines, producers, and refineries.
Developed and maintained by MCG Energy’s industry and credit risk professionals, Paragon ERM and CRM solutions have the comprehensive tools, analytics, and critical information needed by energy companies of all sizes. Paragon software, combined with our experienced and dedicated consulting and support teams, ensure you are in control of the risk encountered managing credit in complex and dynamic energy markets.
The Paragon Advantage
Staffed by industry experts who each have an average of 15 years of experience in energy trading and risk management, MCG Energy’s Paragon Energy unit is reliable, responsive, delivers, and forms strong and lasting partnerships with customers. We provide the most cost-effective and usable solutions in Energy Trading Risk Management (ETRM) and Credit Risk Management (CRM). We fulfill our commitments and complete implementations in weeks not months, providing customers significant value for a reasonable investment.
Paragon is set apart from the rest of the market by our unparalleled focus on the customer and their needs through product flexibility, delivery, and support. Customers benefit from our commitment, dedication, and responsiveness every day.
For more information, a demo, or a quote, please contact the MCG Energy Sales Team at 612-376-7757 or the Paragon office directly at 832-604-6919. You can also email firstname.lastname@example.org or email@example.com. MCG Energy’s Paragon office is located at:
Paragon Energy Software
20329 State Hwy 249
Houston, TX 77070-2655