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Trade & Procurement

Software Solutions for Trading

Trade & Procurement

The expansion of renewable energy sources and the cost pressure in procurement have, in recent years, led to more complex and short-term transactions in the trade and procurement of energy products, for example, to more complex tradable products, from physical products to sometimes complex financial derivatives. Procurement strategies and markets thus have changed and new and changed risks have emerged.

The KISTERS portfolio management systems BelVis and eRisk support traders and procurement managers in bilateral forward transactions via trading platforms as well as in day-ahead and intraday trading on the exchanges. The systems help them to handle purchase and sales positions at all times and to respond quickly according to the expected demand and market developments. High-performing forecasting, optimization, and risk management procedures provide an information advantage and thus a competitive advantage.

Active Procurement Management and Portfolio Monitoring with the B2B Platform

  • Professional portfolio management for energy buyers in the wholesale market
  • Permanent monitoring of margins, risks and limits
  • A single end-to-end process from offer request to pricing, completion, forecast and procurement/generation to billing
  • Interface between portfolio manager, key accountmanager and clients
  • Data available anywhere and at any time in your web browser
  • Auditable processing and transparent reporting
  • Direct connection to your PFM system and automatic synchronization

All price data in a single database

  • Easy access to price data from different providers (EEX, EPEX, Trayport, WattSight, Reuters, ENTSO-E ...)
  • Import of price data from different sources
  • Data storage and calculation of derived information/time series
  • Provision of data for other software (interfaces) and the user (visualization)
  • High level of automation
  • Active notification and support of the user in troubleshooting if a technical error has occurred
  • Connection of Matlab, Python, R, Excel for deeper analyses
  • Open interfaces for easy integration into portfolio management systems, trade systems, etc., also including third-party systems

Counterparty and Contract Management

  • Capture of all contract positions, supporting various volume and price models
  • Automated interfaces to exchange and broker trading platforms (EPEX, Trade Pool, TFS, GFI, PEGAS, APX, etc.)
  • Contract confirmation process: automatic (eCM: electronic confirmation matching) or semiautomatic (generation, e-mail dispatch, and import of confirmation documents, assignment to deals)

Position and Price Analysis/Decomposition

  • Technical chart analysis with over 50 indicators using fundamental data
  • Market price database and integration of various data providers and sources (e.g., Reuters, Bloomberg, Heren, etc.)
  • Standard price scenarios, applied to different risk figures (e.g., MtM, VaR, etc.)
  • (Automated) decomposition of positions (books, portfolios, etc.) into standard trading products according to different hedging strategies (volume-neutral, cost-neutral, short, long, etc.)

Automated Portfolio Management and Monitoring

  • Various management models according to different trading strategies
  • Flexible configuration of procurement strategies (tranche model, fund model, corridor procurement)

DayAhead Cockpit

  • Support for hourly and quarter-hourly auctions on various exchanges including simulation, hourly and block bids (smart blocks)
  • Flexible formulas and rules to describe day-ahead positions
  • Netting
  • Taking advantage of volume synergies
  • Pro-rata allocation

Intraday Cockpit

  • Replacement procurement and portfolio optimization
  • Live prices and live monitoring of assets and positions
  • Reduced trading volume due to automated netting
  • Order management

AlgoTrade - Automated Trading

  • Highly available solution with easy integration into the existing system landscape
  • Automatic transfer of positions
  • Automatic assignment of concluded deals to portfolios
  • Predefined standard trading strategies as a basis
  • Configure your own individual strategies using scripting language and considering market rules (deadlines, order steps, trade ratio, etc.)
  • Automated processing of concluded deals and internal posting

Balancing group management / Schedule and Nomination Management

  • Flexible management of balancing groups and subgroups (formula-based rules, independent of book and portfolio structures)
  • Semiautomatic and automatic generation and sending of schedules via e-mail, FTP/sFTP, AS2, AS4, etc.
  • Configurable dashboards for monitoring
  • (ESS) schedule management for power according to European market rules, fully automated with flexible configuration (e.g., lead time for intraday processes)
  • Nomination management for gas (nomination for market areas Gaspool, NCG, TTF, counterparty nomination, transport nomination, storage, etc.), fully automated

Risk Management and Simulation

  • Support for controlling departments in managing company data
  • Support for energy risk management in managing
    • market data and risks (market price, volume, liquidity, basis, and validity risk)
    • financial risks (payment default, advance performance, replacement (resale))
  • Integrated risk management solver
    • algorithms
    • key figures (M2M, M2F, CVaR, CaR, PnL, PaR, EaR, etc.)
    • scenario builder
  • Dashboards including parameterization of risk evaluations and presentations
  • Open interfaces to ETRM
  • Monte Carlo simulation

Invoicing

  • Cross-commodity customer and trading partner billing, invoices, credit memos, advance/partial payments, invoice corrections, energy and demand charges
  • Flexible definition of billing items: per client/counterparty, per price component, per tax procedure and rate, per definable billing interval
  • Different designs/layouts via template configuration
  • Generation of cross-commodity netting statements
  • Monitoring of payments
  • Sending invoices by e-mail including signature

Automated Reporting According to EMIR, REMIT, ERRP, GLDPM

  • Regulatory reporting to authorities / trade repositories (ACER, EEX, REGIS-TR, etc.)
  • Open interfaces to ETRM systems
  • Rule-based data enrichment and manual entry of transactions / completion of fields
  • Transaction status management, highlighting of errors/anomalies
  • Activity and change log for audit-proof tracking of the reporting process
  • Dashboards with relevant information
  • Automation based on notification rules

Active Procurement Management and Portfolio Monitoring with the B2B Platform

  • Professional portfolio management for energy buyers in the wholesale market
  • Permanent monitoring of margins, risks and limits
  • A single end-to-end process from offer request to pricing, completion, forecast and procurement/generation to billing
  • Interface between portfolio manager, key accountmanager and clients
  • Data available anywhere and at any time in your web browser
  • Auditable processing and transparent reporting
  • Direct connection to your PFM system and automatic synchronization

All price data in a single database

  • Easy access to price data from different providers (EEX, EPEX, Trayport, WattSight, Reuters, ENTSO-E ...)
  • Import of price data from different sources
  • Data storage and calculation of derived information/time series
  • Provision of data for other software (interfaces) and the user (visualization)
  • High level of automation
  • Active notification and support of the user in troubleshooting if a technical error has occurred
  • Connection of Matlab, Python, R, Excel for deeper analyses
  • Open interfaces for easy integration into portfolio management systems, trade systems, etc., also including third-party systems

Counterparty and Contract Management

  • Capture of all contract positions, supporting various volume and price models
  • Automated interfaces to exchange and broker trading platforms (EPEX, Trade Pool, TFS, GFI, PEGAS, APX, etc.)
  • Contract confirmation process: automatic (eCM: electronic confirmation matching) or semiautomatic (generation, e-mail dispatch, and import of confirmation documents, assignment to deals)

Position and Price Analysis/Decomposition

  • Technical chart analysis with over 50 indicators using fundamental data
  • Market price database and integration of various data providers and sources (e.g., Reuters, Bloomberg, Heren, etc.)
  • Standard price scenarios, applied to different risk figures (e.g., MtM, VaR, etc.)
  • (Automated) decomposition of positions (books, portfolios, etc.) into standard trading products according to different hedging strategies (volume-neutral, cost-neutral, short, long, etc.)

Automated Portfolio Management and Monitoring

  • Various management models according to different trading strategies
  • Flexible configuration of procurement strategies (tranche model, fund model, corridor procurement)

DayAhead Cockpit

  • Support for hourly and quarter-hourly auctions on various exchanges including simulation, hourly and block bids (smart blocks)
  • Flexible formulas and rules to describe day-ahead positions
  • Netting
  • Taking advantage of volume synergies
  • Pro-rata allocation

Intraday Cockpit

  • Replacement procurement and portfolio optimization
  • Live prices and live monitoring of assets and positions
  • Reduced trading volume due to automated netting
  • Order management

AlgoTrade - Automated Trading

  • Highly available solution with easy integration into the existing system landscape
  • Automatic transfer of positions
  • Automatic assignment of concluded deals to portfolios
  • Predefined standard trading strategies as a basis
  • Configure your own individual strategies using scripting language and considering market rules (deadlines, order steps, trade ratio, etc.)
  • Automated processing of concluded deals and internal posting

Balancing group management / Schedule and Nomination Management

  • Flexible management of balancing groups and subgroups (formula-based rules, independent of book and portfolio structures)
  • Semiautomatic and automatic generation and sending of schedules via e-mail, FTP/sFTP, AS2, AS4, etc.
  • Configurable dashboards for monitoring
  • (ESS) schedule management for power according to European market rules, fully automated with flexible configuration (e.g., lead time for intraday processes)
  • Nomination management for gas (nomination for market areas Gaspool, NCG, TTF, counterparty nomination, transport nomination, storage, etc.), fully automated

Risk Management and Simulation

  • Support for controlling departments in managing company data
  • Support for energy risk management in managing
    • market data and risks (market price, volume, liquidity, basis, and validity risk)
    • financial risks (payment default, advance performance, replacement (resale))
  • Integrated risk management solver
    • algorithms
    • key figures (M2M, M2F, CVaR, CaR, PnL, PaR, EaR, etc.)
    • scenario builder
  • Dashboards including parameterization of risk evaluations and presentations
  • Open interfaces to ETRM
  • Monte Carlo simulation

Invoicing

  • Cross-commodity customer and trading partner billing, invoices, credit memos, advance/partial payments, invoice corrections, energy and demand charges
  • Flexible definition of billing items: per client/counterparty, per price component, per tax procedure and rate, per definable billing interval
  • Different designs/layouts via template configuration
  • Generation of cross-commodity netting statements
  • Monitoring of payments
  • Sending invoices by e-mail including signature

Automated Reporting According to EMIR, REMIT, ERRP, GLDPM

  • Regulatory reporting to authorities / trade repositories (ACER, EEX, REGIS-TR, etc.)
  • Open interfaces to ETRM systems
  • Rule-based data enrichment and manual entry of transactions / completion of fields
  • Transaction status management, highlighting of errors/anomalies
  • Activity and change log for audit-proof tracking of the reporting process
  • Dashboards with relevant information
  • Automation based on notification rules

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Consulting, academy & services

The KISTERS team of energy industry and IT experts guides you through the entire life cycle of your solutions, offering comprehensive consulting services right from the start: Together, we build the solution your company needs by simply selecting and configuring the readily available standard modules. We provide training and manuals specifically designed for your company, 24-hour internet support, and a telephone hotline to assist you with your requests. What's more, we organize user group meetings with lectures and workshops on specialized topics and the opportunity to exchange ideas with subject matter experts.


KISTERS AG

+49 2408 93 85 666

vertrieb-energie@kisters.de

CONTACT FLAG > STANDARD FORM | EN

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