First live Customer with enerbility fax CM

enerbility is happy to report the first going live of its new product enerbility fax CM with the Swiss client BKW FMB Energie AG after a comprehensive consultancy project to reorganise business processes in the back office. With fax CM, BKW FMB Energie AG can match with both eCM and non-eCM Counter Parties in one system.

enerbility fax CM offers a number of major advantages: 

• No limitations regarding covered commodities / trade types anymore
• Increase of data quality through automation and thereby decrease of operational risk
• Massive reduction of total throughput time of any confirmation
• Reduction of workload from monotonous comparison of confirmations
• Storage of all confirmations in one system
  • Auditable
  • Easy traceable
  • Secure, also in cases of counterparty system failure
• Ability to cover strong increase in trading volumes with unchanged human resource capacity

Markus Hummel, Director of enerbility, on the successful conclusion of the contract: “Market participants clearly value solutions tailored to their specific needs. enerbility pursues an integrated product approach that frees the customer from counterparty related constraints for confirmation matching. The clients can derive utmost efficiency from a number of integrated confirmation solutions, among others our two new products enerbility fax CM and enerbility CM.”

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 which use enerbility's implementation of electronic confirmation matching compliant to applicable standards published by the European Federation of Energy Traders (EFET).

About BKW (http://www.bkw-fmb.ch)
BKW FMB Energie AG (BKW) has been in business for over one hundred years. With energy sales of 18 Terawatt-hours and a workforce of approximately 2,000 employees in German and French-speaking Switzerland, it is one of the major Swiss companies integrated in the European grid.