We recently announced a strategic investment in Fidectus, a leading provider of OTC post-trade solutions. Together, we aim to make post-trade processes easier and more accessible for energy traders of all sizes.
Today, we’re happy to introduce the first integration of our platforms, allowing users to benefit from seamless data flows. Following the standard setting Energy Trader Europe’s terminology, we’re launching the ‘Broker Confirmation’ service. Thereby, enmacc provides real-time trade data to the Fidectus post-trade hub via an API.
With our trade data as the single source of truth, you’ll experience more accurate and efficient processes across the entire trade lifecycle, from execution to settlement.
Key benefits include:
- Uniform understanding: Ensures all three parties involved – enmacc and the two counterparties – interpret the trade consistently, minimising errors.
- Operational efficiency: Reduces back-office overhead, enhancing the efficiency of OTC trading for clients regardless of trading frequency.
- Broker fee confirmation: Accurately reconciles trading fees, preventing invoicing discrepancies.
Together with Fidectus, we’re driving wider adoption of post-trade services, like confirmation matching, settlement matching, and REMIT reporting, propelling OTC trading towards a fully digital future.
Interested in learning more about the transition to digital post-trade processes? Please join our webinar “No growth in OTC without post-trade going digital” on 10th October.
