Interface between Xenon and enerbility's Confirmation Matching System
enerbility is proud to report to have entered in a co-development project with Sakonnet Technology. enerbility will co-develop the interface between the Sakonnet Trading System – Xenon – and enerbility’s Confirmation Matching System using Sakonnet’s XIP integration platform. The interface will provide two-way communication between the systems for seamless, automated back office operations in the European energy markets. In this project, enerbility will again make use of its comprehensive know how regarding trading systems and adapters. Furthermore, as the market expert on both current and planned standard development of EFET, enerbility’s participation in the project will future-proof the development and maintenance of the interface. The licensing of this interface is through Sakonnet Technology and based on it’s Software as a Service (SaaS) licensing model. Upon conclusion of the project, a rollout to Xenon users has been planned.
About enerbility (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, which use enerbility's implementation of electronic confirmation matching compliant to applicable standards published by the European Federation of Energy Traders (EFET).
About Sakonnet Technology (www.sknt.com)
Sakonnet Technology was founded in 1999 by technologists previously at JP Morgan. Sakonnet since then has been solely focused on the wholesale energy markets and the development of Xenon™, its Java-based energy trading and risk management system. Sakonnet offers Xenon™ on a unique subscription-based, hosted model, which enables clients to avoid up-front capital costs and separate maintenance and upgrade fees. The service can be expanded and new product functionality added easily with minimal administration costs. Sakonnet now employs 70 people and has offices in London, New York and Rio de Janeiro.
