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
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.
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.
1
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.2
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.3
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 management4
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
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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
- bidcoordination@simplexoft.com