Connect via multiple C/ETRM and Accounting systems. Ingest trades via OCR, OpenAPI, files, or manual entry.
Volatility and uncertainty keep you from doing business, your costs are up, requiring you to do more in less time with fewer resources. Yet your existing solution cannot handle electronic and paper, is not automated or agile enough to keep up with evolving technology. We understand this change and have created a solution.
Fidectus offers its proven expertise in state-of-the-art technology and in modern energy markets to deliver trade confirmation services. Our Global Energy Network (GEN) provides our users a fast, accurate and legally binding alternative to electronic legacy offerings and manual (paper/pdf) confirmations. GEN unifies outbound and inbound handling of paper, pdf and electronic confirmations in one solution – for traders and brokers.
Energy firms and brokers can now confirm with all their counterparties fully automated through one unified workflow and user interface. Eye-opening dashboards, reports, notifications and predictions allow GEN users to fully control all of their confirmation workflows – in one place.
Tailored processes and nuances across differing trading systems are handled by GEN, yet 95% of submitted trades are linked, reconciled and matched within minutes or even seconds – not days. Pending confirmations and a cumbersome dispute process are past. Instead, close to 100% of all confirmations processed are linked and reconciled automatically. In case of a mismatch, reason/s are shown and fast dispute management is facilitated without delay.
As the most innovative confirmation solution for energy and commodity trading firms of all sizes, Fidectus is becoming the new trade confirmation standard for the energy industry.
Hedge your operational risks by matching across different channels and vendors via one unified platform and user interface – GEN supports electronic, paper or email and pdf across multiple market standards.
Make individual agreements with your counterparties and process all your trades, without limiting yourself to single standards and/or vendors.
Achieve 100% automation by truly matching the content of confirmations – and not just comparing fields and validating consistency.
Save valuable time, spot errors immediately and focus on dispute resolution – instead of “pending" and manually resolve deviations.
Benefit of instant and paperless matching with traders and brokers not yet using an electronic solution – your trading partners do not even require to register for usage.
Keep accurate records of all your confirmations in one place for audit, legal and tax purposes.
Make better informed decisions to improve your cross-company processes with your counterparties.
Significantly reduce your running cost and cost of change.
Get compensated for successfully completed confirmation matches on GEN between June 2022 and December 2024 (terms apply).
Plug and play configuration into your existing EFET eCM compliant solution – within days and no change required to your ETRM system.
True automation and straight-through-processing (close to no human intervention).
Best-in-class user experience through modern and intuitive web interface.
Covering all your confirmations, even if matching via multiple platforms and workflows.
Linking and reconciliation of confirmations that do not fully match, resulting in mismatches instead of pending.
Data augmentation and business rules for automatic enrichment, mapping and validation.
Cognitive OCR (data recognition) for inbound confirmations.
Match-per-Mail for outbound confirmations via email and pdf.
Built-in dispute management in one place with full audit-coverage across all channels.
Comprehensive process routing for inbound and outbound confirmations.
Increased security through modern architecture, data encryption and multi-factor-authentication.
Highest availability and scalability through multi-microservice and cloud-based architecture.
Available for multiple ETRM and middleware systems out of the box, such as CTRM Cubed, ION Allegro, OpenLink Endur, Soptim, TriplePoint, Previse Systems and many more.
Available for multiple transport protocols and file types, such as OpenAPI, RESTful API, ebXML, SFTP, HTTPS, SharePoint, OneDrive, SMTP, S/MIME, CSV, XML, JSON and many more.