Sapient Global Markets today announced it has signed a strategic IT partnership with RWE Supply & Trading, a leading European energy trading house.
Sapient Global Markets will support RWE Supply & Trading to deliver excellent operational efficiency services in an increasingly dynamic and cost-competitive industry. As RWE Supply & Trading's partner, Sapient Global Markets will also play a proactive role in assessing and proposing new technologies and delivering innovation to assist RWE Supply and Trading in continuously enhancing business excellence.
RWE Supply & Trading is a leading global energy trader and is responsible for energy trading and the economic asset optimization of the RWE Group. With the goal of further improving its existing trading organization for a more global outlook, RWE Supply & Trading started the partnership with Sapient Global Markets for a world-class IT delivery while minimizing risk and creating more streamlined processes. The partnership approach enables RWE Supply & Trading to realize benefits from industry best practices, tools and methodologies that Sapient Global Markets has mapped to a strategic roadmap for their success.
Marcus Schaper, Head of IT, RWE Supply & Trading, said, "When looking for a strategic partner, RWE Supply & Trading sought an organization that had a deep understanding of the energy trading and risk management ecosystem, as well as a global reach. We are confident that Sapient can bring its best to the table to make our partnership a success."
Chip Register, senior vice president and managing director, Sapient Global Markets, said, "RWE Supply & Trading is an industry leader and has a real opportunity to bring its business to the next level. Our services will help them increase operational efficiency and improve profitability by helping the company streamline information flow and support construction of new projects that will foster global expansion."
Sapient Global Markets offers deep practitioner-based expertise to help clients grow and transform their business. As a strategic advisor to members of the global financial and commodity markets community, Sapient provides a comprehensive offering to its world-class clientele through practitioner led advisory, analytics, technology and of services. Through its new partnership with RWE Supply & Trading, Sapient will apply its project management and technology expertise to deliver excellent efficiencies across their global team.