Electronic Back Office Adapter

Capabilities:

Regulatory Reporting

Entities engaged in energy trading within European Union need to comply with the EU Regulations:

REMIT – https://en.wikipedia.org/wiki/Regulation_on_Wholesale_Energy_Market_Integrity_and_Transparency

EMIR – https://en.wikipedia.org/wiki/European_Market_Infrastructure_Regulation

Back Office Adapter reduces the effort and customization needed by Entities for regulatory reporting. BO Adapter is compatible with Ion Openlink.

Tasks:

  1. Report standard, non-standard trades
  2. Fetch Trade reporting status
  3. Modify, Cancel trades

Confirmation Matching

Over-The-Counter trading by entities involve a counter-party which will have the opposite view. e.g.

Party A buys from Party B

Party B sells to Party A

BO Adapter automates the matching of trade attributes in the trading application of both entities.

Tasks:

  1. Confirmation of trades
  2. Fetch Matching status
  3. Modify, Cancel matching

Organization:

KWA Analytics

Domain:

Commodity Trading

Since:

Mar 2021