Delivering the step-change ETRM solution.
Orchestrade is a modern state-of-the-art cloud-based platform, designed collaboratively with one of the world’s leading energy traders, that enhances all aspects of Energy and Environmental Trading and Risk Management.
Orchestrade’s open and highly performant architecture allows businesses to scale and evolve quickly in the everchanging energy landscape, while also delivering a significantly lower cost of implementation, upgrades and ongoing operations.
The speed and volatility of the energy markets present new challenges for participants, but also opportunities for those with the right technology. The need to deliver digital transformation and decarbonisation across the sector adds to the overall complexity faced by organisations.
Orchestrade ETRM removes the barriers to innovation, growth, and profitability.
Managing a tsunami of data is key to the transformed energy industry that will deliver Net Zero
Energy markets have always exhibited high price volatility requiring strong risk management, but now you have the added complexity of weather driven volume intermittency with renewables.
Fast-moving structural changes, ballooning markets and a shift to renewables
Traders have to be on top of both intermittent assets and changing demand patterns. They need to tie all these issues into better risk management and real-time position and P&L understanding.
KEY DIFFERENTIATORS
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Our ETRM platform delivers a powerful suite of tools for the valuation and end-to-end management of physical and virtual Power Purchase Agreements (PPAs). Our clients have complete flexibility to:
- Define complex PPA terms from any renewable source
- Define and manage “clickability” including rights, min/max, number of clicks/declicks, spreads, calendar lags, formula switching
- Report exposure and risk
- Differentiate between monthly and final settlement with support for caps, floors and negative prices
- Link and manage GoO certification inventory and PPA lifecycle events
- Manage event based settlement adjustments on variable volume and volume indexed transactions
We also support Virtual Power Plants, and complex formula/basket deals across renewable energy and finance products.
Our architecture provides users with powerful trade data analysis tools including:
- Trade data attributes such as P&L, risk and stress test results are all accessible
- Pivot grid flexibility allowing data to be interrogated and custom reports to be built instantaneously
- Full Excel integration
Our pricing and valuation framework allows complex physical and financial energy products and exotic options to be modelled, captured and valued easily.We provide full support for:
- Gas swing
- VPPs
- PPAs and more
Users can define their own formula-based deals, utilize either Orchestrade’s valuation models or integrate their own.
Our platform fully supports trading, valuation, and management of a wide range of carbon, energy-saving and renewable products including:
- Certificates (GoO, CER, VER, REGO, REC, GDRF etc) across power, gas, emissions and biomethane
- Certificate & inventory management that can be linked to assets, PPAs or trading strategies
Our innovative solution architecture (OrchServer, OTDB & MongoDB) and grid processing is designed to support valuation and analysis (e.g. P&L explained) on very large datasets. Our systems are production tested for over 30,000 delivery forecasts, over a 2.5 year term with hourly granularity and more than 700m price/volume points.
Orchestrade ETRM is designed to meet the increasing need to support high volume, short-term and intraday trading with traditional complex energy product risk management. The platform is designed for real-time valuation of large complex energy portfolios and is proven to support power and gas trading volumes of up to 100,000 trades per day.
Power
- Multi instrument across physical and financial trading
- Spot, physical forward, swap, options, swaptions, futures and listed options
- Clean-dark-sparks spreads
- User defined structured products
- FTR’s cross-border transport capacity (including UIOSI/UIOLI processes)
- PPA, VPP’s
- Full supply contract management (inc. reforecast of client consumption and P&L explained on reforecast)
Gas
- Multi instrument across physical and financial trading
- Spot, physical forward, swap, options, swaptions, futures and listed optionsSwing
- and user defined structured products
- Full supply contract management (inc. re-forecast of client consumption and P&L explained on re-forecast)
Certificates
- Multi instrument financial trading
- EUA and CER auctions and futures
- Spot, forward, option on EUA and CER
- Guarantee of Origin (GoO)
- Energy Savings Certificate (CEE)
- Certificate inventory management
Crude & refined products
- Muti instrument financial trading
- Forward, swaps, spreads, options, swaptions
- Futures and listed options
- Cracks and differential spreads
- Basket swaps and user defined structured products
Coal
- Multi instrument financial trading
- Swaps, forwards, options on API2, API4, and API5 with management of weekly fixing publications
- Listed futures and options on API2, API4, and API5
Freight
- Multi instrument physical and financial trading
- Swaps, forwards, options on time charter (Capesize, Supramax etc.)
- Voyage charter (Route Tubarao, Bolivar etc.)
- Listed future contracts on time charter and voyage charter
Weather
- Multi instrument physical and financial trading
- Weather energy-contingent derivatives (volume of physically delivered energy indexed on temperature)
- Weather contingent swap products
Financial
- Multi instrument financial trading
- FX, FX options
- Interest rate swaps
- Full range of treasury and financial derivative products
- Multi-underlying basket-based forward products (swaps, options, swaptions)
- Complex price formulas deals comprised of energy and financial market components