Skipping Stone and Implementary Form Strategic Alliance to Promote APAC Business Expansion
Boston, Massachusetts – October 23, 2019 – Skipping Stone, a global energy markets consulting and technology services firm, and Implementary Pte. Ltd., an Asia-Pacific (APAC) energy consulting and systems implementation firm, today announced a strategic alliance agreement to promote complementary business services to each other’s clients.
With the growing globalization trend in LNG and power markets, energy clients of both firms are requesting expanded reach to cover multiple markets with services coordinated using cross-continent resources. To address client requirements, the two companies have developed an integrated resourcing model that leverages Skipping Stone’s strengths in North America, Japan, and the European Union (EU) and Implementary’s strengths in APAC markets.
The first focus area of the alliance is wholesale trading clients who are either active in or expanding into the recently liberalized Japan power and LNG markets. The companies are planning to roll out a jointly coordinated services menu for this area. In the near future, a webinar and presentation explaining the joint services will be scheduled for clients and other interested parties.
“A number of our clients have approached us about the Japan wholesale market, especially now that the power futures market is up and running. This alliance enables us to leverage Skipping Stone’s Japan expertise and relationships and for them to leverage our APAC experience and relationships. The real winners here are energy companies who need a coordinated project with skilled resources in both APAC and Japan markets,” said Jason Novobranec, Implementary Senior Vice President.
“We are excited about this alliance for several reasons,” said Skipping Stone Chairman and CEO Peter Weigand. “Implementary is well known and respected with unique skills, one of which is CTRM requirements, selection, and implementation projects. This area has huge potential in Japan as they roll out many new wholesale markets, such as futures, capacity markets, ancillary services, and a quickly growing OTC market.”
“In some ways, this is like putting the band back together,” added John Brown, Skipping Stone Partner. “In a prior position, the Implementary team and I worked together on many successful CTRM implementations globally. Already knowing what our partners can do and having worked together in the past will make coordination very easy and benefits our clients in that they don’t have the risk of a team learning curve.”
About Implementary
Implementary Pte. Ltd. provides top-class resources to assist in Enterprise Software Implementations in the APAC region. Headquartered in Singapore and drawing upon over 35 years of experience in the Finance, Technology, Commodity and Trading spheres, Implementary offers a fully outsourced implementation, project management, and post-go-live support service to help your company deliver excellence in this demanding and high-growth region. For more information, visit Implementary.tech.
About Skipping Stone
Skipping Stone is an energy markets consulting firm that helps clients navigate market changes, capitalize on opportunities and manage business risks. Our services include market assessment, strategy development, strategy implementation, managed services, technology selection, technology implementation, project management, and talent management. Our sector focus areas are natural gas and power markets, demand response, technology services, renewable energy, and distributed energy resources. Skipping Stone’s model of deploying energy industry veterans has delivered measurable bottom-line results for over 270 clients globally. Headquartered in Boston, the firm has regional offices in Atlanta, Houston, Los Angeles, Tokyo, and London. For more information, visit SkippingStone.com or www.skippingstone.co.jp.
Media Contacts:
Nancy Young
Skipping Stone, LLC
nyoung@skippingstone.com
+1 (832) 279-3029
Jason Novobranec
Implementary Pte. Ltd.
jason@implementary.tech
+65 9776 0425
