The new era of standardization in commodity trading markets requires open and fair wholesale competition. Simultaneously, many traders are placing greater emphasis on asset-backed physical trades. The resulting complexity and volume of transactions and information exchange is placing a huge burden on the traditional trading back office processes.
For example, in the energy/utility industry, missed schedules and bidding opportunities, disputed settlements and human error are costing market participants hundreds of millions of dollars yearly. As transactions continue to grow in volume and complexity, back office efficiency and accuracy is critical to the bottom line. That's where Excelergy Trader BackOffice comes in.
Excelergy Trader BackOffice speeds new market entry, helps eliminate errors that result in penalties for under or over scheduling, drastically reduces settlement disputes, and allows you to maximize profits in opportunistic commodity trading markets. It features an open, object-oriented, Web-based, native XML architecture, the most technologically advanced in the industry. It offers a secure web platform for market accessibility and easy information exchange with central market operators, exchanges and market participants. And Excelergy Trader BackOffice makes it easy to integrate with any trading, risk or general ledger system while guaranteeing maximum scalability to handle the most demanding and complex transaction volume.
