Integrated Collaboration Functionality
Integrated collaboration functionality to solve disputes with all your counterparties.
Settlement in energy trading results in high cost and risk exposure, due to a manual and error-prone process. The current methods are putting energy traders at a competitive disadvantage.
Fidectus services provide the technological advances required to level the playing field for Settlement in OTC energy trading: Electronic Settlement Matching (eSM) that applies the EFET standards.
The platform allows energy traders to reduce operational costs, lower credit and counterparty risk, and improve liquidity by automating and accelerating the settlement process in cross-company workflows.
Fidectus applies its expertise and agility to solve the problem of trade settlement services for the OTC Energy market.
The settlement matching service correlates, matches, and reconciles invoice documents between trading parties (seller & buyer), brokers, and industrial clients via a web user interface, RESTful API, or drop folder integration. It enables users to manage disputes via a unified collaboration tool across multiple communication channels.
GEN fully supports EFET standards including CpML schema and eSM business processes and has extended features to integrate settlement with other post-trade processes.
Quicker transaction processing times
Operational Risk Reduction
Increased level of automation
Cash flow improvement