enmacc is innovating post-trade processes with the launch of Confirmation as a Service. Designed to automate trade confirmations and ensure regulatory compliance, the solution eliminates manual verification, reducing costs and operational risks for front- and back office teams.
“In energy trading, efficiency and security are paramount. With Confirmation as a Service, we’re taking the next step in digitalising back-office processes – eliminating manual errors, reducing reconciliation efforts, and ensuring full compliance,” says Robert Gibbons, Chief Product Officer of enmacc. “This launch marks a significant milestone in our mission to provide an end-to-end digital trading experience.”
Addressing key industry challenges
Today, energy traders, procurement teams and back offices face numerous post-trade challenges, including:
- Manual trade confirmations that are time-consuming and error-prone.
- Regulatory requirements demanding a transparent, centralised data source.
- High costs and risks associated with reconciliation errors, especially in volatile markets.
- Dispute resolution inefficiencies, requiring lengthy back-and-forth communication.
A smarter approach: Confirmation as a Service
enmacc has partnered with Fidectus to provide a fully digital Confirmation as a Service that simplifies and secures post-trade processes:
- One-click confirmation – Confirm all trades instantly, whether executed on enmacc or third-party platforms.
- Automated verification – Trade confirmations, including PDFs, are seamlessly imported, verified, and matched.
- Full enmacc integration – enmacc trades are automatically validated.
- Instant dispute resolution – Mismatches are settled digitally within Fidectus, ensuring secure and audit-proof record-keeping.
- No IT effort required – Plug & play functionality means instant activation without additional infrastructure.
Driving efficiency, compliance, and cost savings
With Confirmation as a Service, energy traders and procurement teams can:
- Save time & reduce errors – Eliminating manual trade confirmations.
- Ensure compliance – Achieving full transparency with an automated, audit-proof process.
- Simplify operations – Activating instantly with no IT involvement.
The new solution is now available to all enmacc customers. Read more about our post-trade solutions.
