Eniig is part of Denmark’s largest energy and communications group, Norlys.
Following the purchase of a large customer portfolio, Eniig had a requirement to achieve the fast implementation of a new ETRM system that could effectively manage gas trading.
Energy One’s enTrader was identified as the best solution.
The system implementation was undertaken to schedule, in 14 weeks.
Our legacy ETRM system did not handle gas particularly well, and so we decided to select a new ETRM system that would make it easier to manage the market risk.
It was important for us that the system was simple to use and that it would be quick to implement, as we needed it to be operating in a matter of a few months, rather than years. We particularly liked the cloud hosted option for enTrader, which increased the simplicity and convenience for us.
It meant that we could get the system operating without having to use the resources of our own IT department, and when the system is upgraded, [Energy One] simply pushes it out overnight and it’s done.
The enTrader system is flexible and the team helps to ensure that we do things in the smartest and simplest way.
One feature that we find particularly useful is the Dynamic Position Screen. It gives us a total overview of our positions and our related market risk. Without this feature, we would have to export the data to excel, but it is much easier having all the information on one screen within the system.
We also really liked that it was so easy to make the API connection over to our nominations system, eZ-Ops, and also to Trayport Joule, which means that all the trades that we do on the exchange are automatically deal captured in enTrader and then nominated to eZ-Ops, so minimising risk.Camilla Ejstrup Frøkjær, portfolio and project manager
Energy One UK has successfully implemented its cloud-hosted enTrader® ETRM solution, after it was chosen to support a division of Eniig.
Energy One Solutions
Energy One Europe CEO, Simon Wheeler, adds:
The Energy One team worked closely with Eniig and we are delighted that the system and its implementation have met their requirements, and that they are finding our new Dynamic Position Screen feature useful.
More businesses are choosing the cloud-hosted option of our enTrader ETRM solution. Our Software as a Service (SaaS) solution means we host and manage the service for clients, automatically applying updates to the software, so that users are able to stay up to date with industry changes, security updates and performance requirements, and can achieve greater agility and future-proofing.
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enTrader® is an award-winning ETRM solution designed for UK and European energy market participants.
eZ-Ops handles nominations, balancing and algotrading for European energy trading and operations.
With all products available in the cloud as Software as a Service (SaaS), Energy One can provide full management of your system needs.