Fidectus Insights

Top 5 Milestones in Our Growth Story: A Year of Progress and Success

Written by Fidectus | Dec 13, 2024 4:57:03 PM
As we wrap up an exciting year, we can’t help but reflect on the incredible growth and achievements that have defined our journey. We are also grateful for our customers' continued support, which has been key to this success. 
 

2024 has been a transformative year for our customers, team, and company. From onboarding multiple new customers, expanding our talented team, to launching innovative tools and forming strategic partnerships, we’ve experienced significant progress that has positioned us for even greater success in the future.

We’re proud to share the top 5 milestones that have helped shape our growth story this year:

1. Launching Our Regulatory Reporting Hub and Obtaining ACER's RRM Status

One of our most significant achievements this year was the launch of our Regulatory Reporting Hub, a solution that simplifies the reporting process, improves accuracy, and saves our clients valuable time. This game-changing solution has already made a significant impact, and we’re excited to continue enhancing its features in the year ahead. Earlier this month, we announced our official certification as a Registered Reporting Mechanism (RRM) with ACER, allowing us to provide even more comprehensive and compliant reporting services to our customers.

2. Strategic Partnership with enmacc

We formed a strategic partnership with enmacc, a leading over-the-counter trading platform in the energy sector. This collaboration enhances our service offerings and empowers us to deliver even more powerful tools and solutions, enabling us to drive further business growth for our now combined community of 600+ customers. Watch our recent joint webinar, hosted by enmacc, on 'No Growth in OTC Without Post-Trade Going Digital,' where we highlight some of the key strengths of our shared approach. Additionally, in October, we introduced the first integration of our platforms for Confirmations and REMIT, facilitating seamless data flow between systems. We're excited about the benefits this partnership unlocks to the energy trading sector.

3. Expanding Our Customer Base 

We were proud to welcome a number of new customers, including Harbour Energy, Cobblestone, e-regio, Trianel, and several other notable companies, along with three major German trading organisations. This growth reflects our ability to meet the evolving needs of the energy trading community across all commodities, including GoOs, weather derivatives, certificates, and more. We’re excited to continue strengthening these relationships and supporting our customers in achieving their business goals.

4.  Processing 50 Million Transactions and 1 Trillion EUR

Our GEN platform reached a significant milestone, having processed 50 million transactions and 1 trillion with both our GEN and non-GEN users, either confirmed, reported, or settled in GBP, CHF, and EUR. This achievement highlights our growing expertise and ability to manage large-scale, high-value transactions.

5. Welcoming New Employees and Opening a New Office

We expanded our team by adding eight new employees across product, sales, marketing, and customer success. Each one has brought fresh perspectives and expertise, helping us enhance our operations and deliver even greater value to our customers. As part of our growth, we also opened a new office on Ramistrasse 2, a vibrant street in central Zurich, which will serve as a hub for innovation and collaboration. We’re excited about the innovative ideas and energy our new team members bring, and they all look forward to meeting and collaborating with you in 2025 and beyond.

Looking Ahead: A Bright Future

These five milestones mark only the beginning of what we hope will be continued growth and success. With our expanded team, new customers, strategic partnerships, and innovative tools, we’re excited about what the future holds. We look forward to continuing our journey and sharing new milestones with you in the year ahead.

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