SUEZ Energy Marketing NA, Inc. goes live with FUTRAK IAS39 Module

SUEZ Energy Marketing NA, Inc. selected FUTRAK to manage its power, natural gas and oil derivative hedge investments. "After a smooth and efficient implementation period, we are proud to say that SUEZ is now up and running, utilizing FUTRAK to meet its varied IAS39 accounting requirements," announced Richard Kulaszewski, Vice President - Sales.

SUEZ Energy Marketing NA specifically trades all the power generated by SENA's fleet of merchant plants, and is responsible for the development, analysis and communication of market intelligence.

SUEZ Energy North America (SENA) is the corporate entity that represents SUEZ's energy presence in North America. SENA comprises several different business units: SUEZ Energy Generation NA, Inc., SUEZ LNG NA, SUEZ Energy Marketing NA, Inc., SUEZ Energy Resources NA, Inc., and SUEZ Energía de México.

As the largest independent power producer in Europe, SUEZ Energy International has more than 100 years experience in the energy industry.

INSSINC has provided companies with hedge accounting and risk management software for over 20 years. Founded in 1983, INSSINC provides FAS 133, IAS39 and ACG13 software that can be deployed as an ASP or on-site to energy companies including: E&P, gas gatherers, pipelines, refiners, petrochemical firms, power utilities, LDC energy retailers, municipals, cooperatives, and energy merchants. In addition, INSSINC provides support for natural gas, crude, power, NGLs, and refined products.

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