Energy traders are under increasing pressure to manage costs, cash, limits and risks. Settlement remains the last gap in the deal-lifecycle as a manual, slow and error-prone task. Current processes are not facilitated quickly, causing cash to be tied up and working capital to be poorly optimized.
Plug´n´Play SaaS settlement platform for energy traders. Post-deal processing platform enabling digital automated Settlements and Confirmations in the Cloud via open interfaces, fully supporting both the EFET electronic Settlement Matching (eSM) and electronic Confirmation Matching (eCM) standards.
Disputes are now solved in minutes and not days through an immutable audit trail fulfilling all audit and compliance requirements. Credit risk can now be reduced by 35 days, energy traders can benefit from opex reductions of 50% on average, and multilateral netting further reduce cash-flows by factor 4.6x.