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CEPSA TRADING SUCCESSFULLY IMPLEMENTS DATAGENIC ENTERPRISE DATA MANAGEMENT AND ANALYSIS SYSTEM

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11 February 2016

Advanced data management functionality, forward curve construction and aggregated data feeds essential for the Cepsa Group strategic and operational activities.

 DataGenic the developer of the award winning enterprise data management suite, has successfully implemented the Genic DataManager (GDM) platform and product suite, to provide Cepsa with a centralised data warehouse and analytics environment to support their risk and trading activities. The DataGenic implementation has replaced an incumbent competitive solution, and will improve business processes by providing a centralised data warehouse and analytics environment to support their risk and trading activities together with system integration with the Company’s ETRM platform.

Charo Cepero, Finance and Risk Manager for Cepsa Trading, stated:

“DataGenic allowed us to enhance our ambitious target to improve business operations by implementing a solution which integrates both external and internal market and operational data into a centralised platform, with value adding analysis capabilities. Our data is now more accessible, timely and accurate to both users and downstream applications. GDM is now driving the process of data collection, normalization and distribution to several key systems. The close working relationship of DataGenic and the Cepsa project team ensured our tight integration and go-live schedules were met whilst delivering a world-class system. The DataGenic team are professional, knowledgeable and a pleasure to work with”.

Richard Quigley, CEO DataGenic commented “We are delighted that Cepsa is now fully integrated with Genic DataManager within the aggressive time-frames at our disposal for this deployment. We truly look forward to our long-term partnership. I am confident that this GDM implementation will continue to grow and expand to meet Cepsa’s growing needs. The installation of the DataGenic Suite followed a rigorous and detailed acceptance period and has provided Cepsa with a robust centralised data management and analysis platform that will allow significant improvements in data quality, transparency and workflow, as well as internal resource overhead requirements. We are extremely pleased to add Cepsa to our extensive European customer base.”

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