IGNITE

IGNITE is Utilisoft’s gas trading, scheduling and nominations solution which provides the ability for Gas Traders and Shippers to manage key before the day, on the day, or after the day processes in accordance with the Network Codes that govern operations.

Product Detail

IGNITE enhances the management of operational risk by ensuring that internal processes and systems minimise potential loss from a number of areas, including miscommunication, data entry, missed deadlines, contract mismanagement, accounting errors and counter party underperformance.

Failure to manage these processes results in financial penalties from the Network Operators, and potential commercial loss to counterparties with whom the Shippers conduct business in trading activities.

Key Features

• Capture NBP Trades from external systems
• Dispatch aggregated trade positions as nominations to xoserve Gemini
• Provide dispatch functionality to existing in-house databases and Energy Trading Solutions
• Perform trade validation and matching to ensure all NBP Counterparty Trades are matched, and alerting in the event of mismatch
• Provide drill-down from aggregated Nomination to individual counterparty trades