Power Your Energy Business with Advanced Digital Solutions and Services

Digital technologies and innovations to make Energy Producers, Consumers and Traders more agile, efficient, and sustainable

 

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As the global leader in trading, treasury and risk management solutions, Openlink delivers the transparency that powers and protects global markets. Create software and solutions that provide a single source of truth across the enterprise that allows you to capitalize on unforeseen value and mitigate against systemic risk.Bring over 25 years of experience partnering with the world’s most sophisticated companies – from energy to commodities to finance – to offer expertise to every engagement.

Agtech

you get one integrated solution for trade capture, valuation, compliance and limits monitoring, right through to position and risk reporting, collateral management, accounting, and cash management.  Because a single solution is used across front and back offices, a correction on a deal will automatically generate a correcting accounting entry; eliminating much of the manual reconciliation work typically required in trading operations.

Endur

With this trading platform, you’ll have automated processing of both physical transactions and financial derivatives. You’ll gain a consolidated physical to financial view of positions, risk and P&L on one system – making it easier to uncover opportunities and reduce risk.

Findur

With front-to-back office straight-through processing, Openlink Findur eliminates much of the manual reconciliation work typically required in operations. Openlink Findur makes access to all facets of the transaction lifecycle readily available so business gets more timely and accurate information for decision making.

Project Description

Company needs to eliminate much of the manual data integration and reconciliation work typically required in trading operations, and the business benefits from more timely and accurate information for decision-making. With Openlink’s scheduling tools, you can handle daily and intra-day nominations, manage communications and quickly identify imbalances across multiple markets and grid operators. Our system has the rules for key power markets built in. As a result, you can improve productivity and reduce the risk of errors and associated penalties/fees.
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Challenge

Firms that generate and trade power are facing a highly challenging environment that demands comprehensive energy trading and risk management software. Challenges include market liberalization, increased use of renewables and the need for more timely intraday position and risk reporting. New and existing regulations add extra costs and complexity in operational areas such as cross border trading, clearing, compliance reporting and accounting for hedges.
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Approach

The opportunity for improved profits lies within the operations of the business itself – within the chance to create a single resource including all relevant data, by breaking down silos within the organization, and through applying and sharing deep expertise up and down the enterprise.
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Solution

Our company with Openlink did the implementation of the ETRM system in an energy company, as well as customization of the platform for the needs of this energy company. The single, integrated solution includes market interfaces for scheduling, trade capture, valuation, compliance, and limits monitoring, position and risk reporting, collateral management, and treasury management
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Result

Openlink Endur Voted best overall ETRM platform in the industry by the Energy Risk Software Rankings, this front- to back-office solution covers the full range of commodities and derivatives across your business. Physical commodity logistics and scheduling tools are built-in, putting all of your actionable data into a single resource for your entire operation.

Review our case studies

SimpleXoft are authors of a lot of new technical solution, approaches, and interesting projects
which we are willing to share with you

Join our Partner Network now to bring your business to the next level!

SimpleXoft

Let’s talk.

Adress
Sumy City, Pervaya Zheleznodorognaya Steeet,1 Topaz Business Center Plaza, Ukraine
Phone
+3-8098-666-04-75, +3-8097-255-18-87
E-mail
bidcoordination@simplexoft.com

About Us

SimpleXoft is a Software Development and IT Consulting company with more than 4 years of experience in the market. We are 35+ people, distributed in our development centers in Ukraine: Kyiv (headquarter) and Sumy. We work for large international corporations throughout the EU and US in projects that demand leading-edge software development skills. We have been providing outsourced offshore services since 2017.

 

 

 

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