OpenLink, the global leader in trading and risk management solutions to the energy, commodities, corporate, and financial services industries, today announces its solution will support Lampiris’ gas and electricity portfolio trading operations with deal management, power nomination and power forecasting. The Belgian utility provides some 950,000 meters with natural gas and electricity from decentralized renewable energy sources. Lampiris’ strategic goal was to have a single energy trading platform for all business processes, from front to back office, including daily trading and portfolio management. OpenLink’s IRM solution will provide this platform, calculating load and injection forecasts, assisting portfolio managers in daily deal management, as well as generating nominations and allowing back office users to keep an overview of all relevant activities in a central system. “We work in a rapidly changing and growing industry and we rely on innovation for our competitive edge” says Daniel Jaspar, Director of Trading and Portfolio Management at Lampiris. “To keep ahead, we need to handle flexible data in a single system that extends across the front, middle and back office. Our growing customer base and the increase of our trading volume and complexity requires instant accessibility of information through a centralized platform to reduce operational … continue reading
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Source: CTRM Center