"We are pleased to announce the addition of Simon to our team” said Dr. Salim J. Jabbour, CEO of Abacus Solutions Inc. "Simon has the ideal mix of skills, experience, and expertise needed to achieve our short and long term goals. We look forward to Simon implementing initiatives to reach out and present our innovative software to the global energy industry.”
Prior to joining Abacus, Simon held senior account executive and business development positions with ORACLE, D&B and LIM where he was responsible for sales and marketing of enterprise software and data management solutions in the energy and financial services industries. Simon has over 15 years of business development experience and extensive account and customer relationship management expertise; he is a native of the United Kingdom and holds a BA Honors in Geography.
"I am very excited to join Abacus and take part in brining the innovative software system SATURN to the energy industry” said Simon Dawes. “Having spent lots of time talking to software users in the energy industry, I am keenly aware of their integration challenges and their need for decision support tools and portfolio management capabilities. SATURN addresses both challenges and offers users a unique and differentiated solution.”
At Abacus, Simon will lead the global sales and marketing activities of SATURN, Abacus flagship software system. As the only full 21st century ETRM system, SATURN enables users to perform many risk management and decision support analyses with unparalleled speed, ease, and accuracy through the seamless integration of 12 key capabilities including market simulation, generation optimization, parameterization, load analysis, trade capture, trade valuation, credit management, financial analysis, business intelligence, ISO integration, risk management, and portfolio management"
“SATURN is the ideal system to meet current market needs and emerging customer challenges” added Dr. Jabbour. “Replacement rates for ETRM systems continue to be very high, exceeding 60% according to some industry analysts. Consolidation is exacerbating integration challenges and creating additional opportunities for integration tools. Users are becoming increasingly sophisticated and painfully aware of the limitations of legacy ETRM systems. Emerging market conditions are requiring more advanced risk management, generation optimization, business intelligence, and decision support systems. Senior management is asking increasingly challenging questions and requiring integrated portfolio management”, according to Dr. Jabbour.
About Abacus Solutions Inc
Abacus Solutions Inc is the developer of the award winning software SATURN, an integrated enterprise ETRM system (front, mid, back office) with decision support capabilities and additional unique tools that offer solutions to key business functions. SATURN includes twelve applications:
Abacus was recognized by the world's leading information technology research and advisory company Gartner Inc. (NYSE: IT), for its “innovative, impactful, and intriguing” software system, SATURN, and was included in the firm's "Cool Vendors in Energy and Utilities, 2009" report.
Contact Info:
Email info@abacussolutionsinc.com
Web www.abacussolutionsinc.com
North America
New York 646.884.9594
California 650.941.1728
Europe
London 44.20.3384. 2676
