EFET eCM 3.3 of enerbility certified by KEMA
Vienna, April 15th, 2009
enerbility is happy to report its EFET eCM 3.3 certification was tested successfully in the formal certification process lead by KEMA.
Among others, the EFET 3.3 standard provides the following extensions:
- EFET 3.3 extends options with caps, collars and types like Asian.
- EFET 3.3 adds both financial and physical indexed deals.
- EFET 3.3 adds plain vanilla and complex swaps (fixed-float and float-float).
- EFET 3.3 adds support for indexed commodities for financial trades (commodities as gas oil, fuel oil, freight ....).
- EFET 3.3 adds formula support for deals based on indexes.
About KEMA (http://www.kema.com)
Established in 1927, KEMA is a commercial enterprise, specializing in high-grade business and technical consultancy, inspections and measurement, testing and certification. Much of the company’s work centers round innovative technology. As an independent organization, KEMA supports clients concerned with the supply and use of electrical power and other forms of energy.
About enerbility (http://www.enerbility.com)
enerbility software gmbh is a pioneer in the area of automating back office processes in the energy trading industry. It develops a platform incorporating Web Services and ebXML for exchanging and processing XML documents for multiple applications. Customers of enerbility include major energy traders like E.ON, ATEL, Statkraft and Verbund APT, BKW FMB Energie AG and Nuon among others which use enerbility's implementation of electronic confirmation matching compliant to applicable standards published by the European Federation of Energy Traders (EFET).
