Built on SaaS platform, Trellis is a web-based natural gas transaction management software that will allow pipeline companies to easily manage their commercial and operational activities.
Being a configurable platform, Trellis allows pipeline companies to perform various business activities like contracts, nominations, scheduling, measurement, allocation, trading, billing, reporting, and credit risk management with ease.
Blackstone Technology Group energy vice president Rakesh Agrawal said the CPL selection is a testament to their deep knowledge of the marketplace, and a validation of their vision for the types of solutions that will help shape the future of this industry.
"The marketplace is beginning to realize that a feature rich, hosted, SaaS, web based solution like Trellisâ„¢ can be configured for the most demanding and unique requirements, and yet also remain fully scalable in a quickly changing business landscape, thus having a positive impact on the bottom line," Agrawal added.
