InterMoney EnergÃa S.A., a unit of the CIMD Group, has joined Financial Engineering Associates, Inc. (FEA) as an FEA Alliance Partner. Now a distributor of FEA’s analytic software programs, InterMoney EnergÃa can offer its clients the derivative pricing and value-at-risk software technologies used to manage market risk in the energy and power industries worldwide.
Dr. Carlos Blanco, Director of FEA Support and Education, led InterMoney EnergÃa’s first FEA seminar for energy industry professionals, April 5 and 6, 2001, in Madrid, Spain. He commented: "InterMoney EnergÃa directly serves the growing need for energy risk management in the Spanish energy and power markets. While the European energy industries undergo rapid, fundamental change, InterMoney EnergÃa’s partnership with FEA brings both companies together at the heart of one of the most important, dynamic markets in Europe."
InterMoney EnergÃa Director General Miguel Ãngel Lasheras adds, "Our clients recognize that managing energy risk demands highly-responsive, structured investment strategies. FEA is the worldwide leader in derivative pricing, market modeling and financial forecasting software for the energy and power markets. By partnering with FEA, InterMoney EnergÃa brings to its clients the market’s most advanced risk management tools combined with the comprehensive research, training and brokerage services of InterMoney EnergÃa and CIMD."
Professionals with interests in Spain’s energy and power markets rely on InterMoney EnergÃa’s technology and training expertise for guidance in their energy investment, trading and hedging activities. As an FEA Alliance Partner, InterMoney EnergÃa serves traders and marketers of energy-related assets with proven FEA technology to price intricate energy and power transactions; engineer protective hedging strategies; and manage the risks inherent in their complex commodity and derivative portfolios. With its data and trading service on the internet, ENERVIA.com, InterMoney EnergÃa delivers direct Spanish-language access to the international electricity, gas and oil markets. ENERVIA.com features up-to-the-minute news and commentary, market data and analysis, as well as online information about energy derivatives trading and risk management products, including FEA’s @ENERGYÃ suite of derivative pricing tools and VaRworksÃ value-at-risk market risk management software. Visit www.enervia.com to learn more.