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EDM for Energy

Empowering energy companies to perform optimally by automating data-intensive workflows

The energy industry is undergoing a digital transformation during a period of unprecedented economic and market volatility. Faced with aging technology, manual processes and increased cost scrutiny, E&P companies are demanding better solutions.

EDM is a cloud-based, workflow automation platform that has robust data management capabilities at its core. EDM leverages IHS Markit’s deep industry knowledge and experience as a provider of both data and technology. By optimizing workflows and delivering trusted data for decision-making and analytics, EDM increases operational efficiency; breaks down technological and functional siloes; and enables cross-company collaboration.

Key benefits:

  • Automates repetitive, manual workflows to improve efficiency
  • Supports superior analytics with consistent, quality-assured data
  • Provides flexibility to support any data entities and relationships
  • Allows automated and on-demand synchronization of data across disciplines
  • Provides true interoperability across technical platforms
  • Democratizes data and makes it available across all functions
  • Facilitates user- and group-level security of protected data assets
  • Allows complex rules-based data alignment
  • Manages data exceptions and inconsistencies with rules engine
  • Expedites time to market through cloud-based deployment
  • Integrated with IHS Markit and third-party applications
  • Leverages IHS Markit’s data, technology and industry expertise

Watch our EDM for Energy videos


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Client case study: Centennial Resource Development

Use Cases

Data Supported

The types of data EDM can be used to manage include well production, completion, basin and seismic data. The use cases EDM supports include:

Upstream
  • Reference data
  • E&P data
  • Analytics
  • Master data management (MDM)
  • Integration
Downstream
  • Pricing data
  • Curve management
  • Transaction management
  • Regulatory reporting
  • Market data optimization
  • Independent price verification (IPV)

Experts

Andrew Eisen

He is the global head of IHS Markit’s Financial Services Solutions segment, which provides clients with industry leading software and services, covering enterprise data management, investment management, loans software and services and private markets solutions.Prior to running the segment, Mr. Eisen was the business head for IHS Markit’s enterprise data management, investment management and managed service offerings. During his ten-year tenure at the firm, Mr. Eisen has held multiple other roles across the Collaboration Services, Fixed Income Pricing, Desktop and Parsing businesses.Prior to joining Markit, now IHS Markit, in 2009, he was responsible for designing and building a proprietary investment research platform at Telsey Advisory Group (TAG). He has also held strategic consulting and product management roles at Morgan Stanley, Visible Path, Oracle and Accenture. Mr. Eisen holds an Honors Business Administration (HBA) degree from the Richard Ivey School of Business in London, Canada.

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Nathan Amery

Mr. Amery heads the rapidly growing EDM for Energy business with operations in North America, Europe, the Middle East and Asia. Prior to joining IHS Markit, he held sales management roles at energy and commodity technology firms including Triple Point Technology, Updata and Trayport where he was responsible for client growth and launching new products and services. Before this, he founded his own technology and media company following work at JP Morgan and Schroders Investment Management.

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Jamie Penniman

At IHS Markit he is the global head of Enterprise Data Management (EDM), which provides clients with industry-leading software and services for data management, governance, warehousing and reporting.Previously, Mr. Penniman was the Global Head of Sales for EDM. During his ten-year tenure at the firm, he has focused on helping clients to solve complex business challenges while reducing cost and improving operational efficiency.Prior to joining Markit, now IHS Markit, in 2010, Mr. Penniman was responsible for growing sales at Evare, LLC. He has also held sales and business development roles at Charles River Development and Integrity Interactive. Mr. Penniman holds a degree in Business Administration from Merrimack College in North Andover, Massachusetts.

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Events

IHS Markit Webinar 12 October 2021

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IHS Markit Webinar 25 August 2021

ISDA Amend IBOR Webcast Demo Series

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IHS Markit User Group 07 July 2021

ISDA Amend Working Group

The ISDA Amend team at IHS Markit is leading a ser (...)

IHS Markit Webinar 20 July 2021

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