Web developing project with the aim to facilitate the creation of commercial offers and managing the client portfolio in the energy sector. This offers are elaborated taking into account many external factors, like energy price, political situation, weather forecast, current portfolio state and many other factors that could have a direct impact over the offered price.
All of this offers, once they become a reality, are added to clients portfolio, so their state can be monitored in real time, offering many different metrics.
“We developed a product that allow us to automatically make offers in order to increase the electric margin and control the risk of our business”
Energy Commerce Responsible, Product owner
In the context of Digital Transformation, one of the challenges is to get a product 100% Cloud Native in record time with a very heterogeneous team with very different profiles: Data Scientist, Data Engineers, Developers, DevOps, Scrum Master, etc.
One of the more important challenges is, taking massive data ingestion from multiple sources, to rely on an algorithm capable of offering very dynamic offers and 100% customizable by the client.
Trayport’s Energy Market Access (EMA) platform enables traders to access over 40 OTC bilateral and exchange traded derivatives markets using the services of prime brokers and GCMs to access energy markets’ liquidity.
Electricity traders from all over Europe use Trayport’s platform to transact baseload, peak-load and off-peak forwards and futures and relevant location, time and cross-commodity spreads.