Harmonization and expansion of processes in the European energy market

The historically-developed processes are analyzed from a functional and technical perspective in order to define the corresponding planned processes. The objective of the subsequent transformation is the generation of synergies across markets and commodities (electricity, gas, coal, emissions).  These activities focus on standardization of the book structure and, in particular, the harmonization of the deal lifecycle, as well as consolidation of the back office processes (especially confirmations, margining and settlement).  The reduction in complexity improves the ease-of-maintenance and stability of the participating systems. This makes it possible to provide future adjustments and expansions on-time and cost-efficiently.