Thomson Reuters launches European power analytics tool

Thomson Reuters launches European power analytics tool

Thomson Reuters launched a tool designed to help traders predict prices in European power markets.

London/New York Thomson Reuters launched a new analytics tool on its flagship Eikon product to help commodities traders and analysts predict prices in major European power markets.

The new tool, Power Curve, uses visualisation techniques to enable traders and analysts to obtain real-time, fundamental fair value assessments of the Nordic and German power markets, two of the most liquid power markets in the world.

Thomson Reuters said Power Curve combines power supply data available under REMIT, or Regulation on Energy Market Integrity and Transparency, with real-time fuel prices, weather, available capacity information and Thomson Reuters proprietary supply and demand models.

“Power markets are increasingly complex and news and price data alone are no longer adequate for traders to assess the fair value of power markets today. Understanding the impact of event-driven data such as weather, supply and demand changes and capacity information on power contracts is critical but also very time consuming,” said Stefan Reichenbach, head of commodities research and forecasts at Thomson Reuters.

“By adding event-driven market simulation models into Thomson Reuters Eikon, we are bringing together data from multiple sources, including data made available by REMIT, and providing energy professionals with a comprehensive visualisation of how such events drive market outcomes,” he said.

Reichenbach added: “Recently when a German nuclear power plant came back on-stream earlier than anticipated, Power Curve visually illustrated how demand would be met by plants with lower marginal cost and correctly anticipated the €2 drop in power prices.”

The Commodity Research and Forecasts service in Eikon provides weather, metals, agriculture and energy insight from a team of analysts from Thomson Reuters GFMS, Thomson Reuters Lanworth, Thomson Reuters Point Carbon and Thomson Reuters Weather Insight.

Trayport® launches Whitepaper: EMIR, REMIT, MiFiD and more.

Trayport, a leading provider of energy trading solutions to traders, brokers and exchanges worldwide, today announced the launch of its European Regulatory Whitepaper: EMIR, REMIT, MiFiD and more. ‘Big Compliance’ Meets Energy Trading.

via Pocket June 17, 2013 at 01:43PM

Impendium provides EMIR Trade Repository reporting

Impendium Systems, a leading provider of regulatory applications to financial and non-financial organizations throughout the world is pleased to announce that its Elements regulatory platform will be available for reporting to approved Trade or Swaps Data Repository’s.

via Pocket April 25, 2013 at 11:50PM

Sapient Global Markets Facilitates Compliance Reporting With DTCC’s Swap Data Repository (from ISS Magazine)

Sapient Global Markets announced its Compliance Management and Reporting System (CMRS) will be offered for customers connecting to The Depository Trust & Clearing Corporation (DTCC) Swap Data Repository (SDR) reporting. CMRS provides firms with a complete solution for more efficiently and effectively meeting regulatory reporting commitments.

Regulations, such as the Dodd-Frank Act, European Market Infrastructure Regulation (EMIR) and the Regulation on Energy Market Integrity and Transparency (REMIT), are increasing reporting requirements for firms in the capital and commodity markets. Sapient’s CMRS allows firms to collate vast amounts of data from disparate systems, translate it into the destination message format, deliver it directly to regulators and receive acknowledgement messages back from DTCC. Additionally, it provides a single view of compliance regardless of operating model and required reporting venue.

“DTCC is focused on delivering to our clients world-wide effective solutions that bring greater cost efficiency, transparency and risk mitigation to the OTC derivatives market.  Our  global trade reporting platform is designed  with an open architecture which allows  a wide universe of market participants to gain seamless access to our services which help them meet their regulatory reporting requirements  around the world,’ said Chris Childs, managing director, Deriv/SERV. “Working with complementary solution providers such as Sapient Global Markets and connecting with CMRS is a prime example of how we look to accomplish just that and jointly help our mutual clients face the challenges of an evolving regulatory landscape.”

Designed for firms doing business across borders, CMRS connects to all major trading and risk management systems that process high volumes of swaps and other OTC products. It is SDR agnostic and is the only system to date that collects and normalizes data from multiple sources before transforming it into formats accepted by regulatory reporting destinations. It is this end-to-end capability that ensures firms concerned with swap data reporting have a single view of compliance regardless of operating model and required reporting venue.

“As regulatory reporting deadlines approach, firms must achieve a single view of their compliance status and a streamlined method of translating data from multiple sources into the format required by regulators,” said Arun Karur, vice president, Sapient Global Markets. “With connection to the DTCC, we are offering our customers a key system designed to meet their regulatory reporting commitments efficiently and on time.”

CMRS establishes a common enterprise platform to manage and publish reporting requirements to various regulatory agencies. It enables customers to configure reporting rules, manage varied data sources, apply filtering, exception and aggregation rules and configure destination reports in the required format. It also allows clients to trace and track data being reported throughout the compliance reporting lifecycle providing much needed visibility into compliance positions at any point in time.

DTCC provides its trade repository services through operating subsidiaries such as DTCC Data Repository (U.S.) LLC, which is DTCC’s U.S. Swap Data Repository.

OTC Clearing and Regulations

My views on OTCs and Regulations

Knowledge Problem

Commentary on Economics, Information and Human Action


4 out of 5 dentists recommend this site

Aditya Ladia's Blog

Forex, Investment and Finance

Soltis Consulting, Inc.

Business Concepts, Ideas, and Information


An Endeavor To Explore The Uncertanity

All About Cyber Security and Financial Technology and Beyond

The Future of FinTech and Cybersecurity are Interlocked: Creating the Secure Future of Financial Technology Today


Read about latest trends in Algo Trading in India or visit our website

Trading Smarter

Thought Leadership, Insight and Product Information from TradingScreen

Tales from a Trading Desk

Noise from an Investment Bank

NPA Computers

Bringing you info about the latest on Internet Technology


An online journal of International Energy Trends, Green Building, Sustainability and Climate, A&E, Data, Security, CryptoCurrency and Social Media

Trade News in Brief

International Economic Affairs & Relations / Regional & International Organizations / Global Commerce & Business


The Single Dealer Platform Community

Carl A R Weir's Blog

A Cross Asset Connectivity and Finance site

%d bloggers like this: