Berlin

Axpo Trading AG selects ferdecTS® for their European Energy Transaction Surveillance

April 5th, 2017 Posted by News 0 thoughts on “Axpo Trading AG selects ferdecTS® for their European Energy Transaction Surveillance”

Berlin, April 5th, 2017 FERDEC GmbH, the leader in European Energy Transaction Surveillance solutions is pleased to announce that ferdecTS® has been selected by Axpo Trading AG to monitor its European trading activities in compliance with MAR requirements.

Following a detailed, multi-stage selection process and an extensive proof of concept with testing under real operational conditions Axpo Trading AG selected ferdecTS® to monitor its group wide trading activities on European regulated, MTF and non-MTF markets.

“FERDEC became a valued partner over the course of the selection period. They were able to prove their in-depth Energy and Trading knowledge combined with the most mature solution. Based on the experiences we made we trust ferdecTS® will meet our complex requirements to establish daily transaction surveillance,“ Axpo project management stated.

Hristo Gorbanov, managing director of FERDEC said: “The trust Axpo put in our solution prove that we have been able to successfully leverage our energy trading knowledge and software development experience into a mature and unique transaction surveillance product. We are very excited to work with Axpo’s experts and to continue the great partnership approach established during the PoC.”

With the recent successes, FERDEC managed to further strengthen the leading position of ferdecTS® in European Energy Transaction Surveillance.

About Axpo Group

The Axpo Group reliably produces, trades and sells energy for over 3 million people and thousands of companies in Switzerland and over 30 European countries. Over 4500 employees combine the expertise from 100 years of climate-friendly electricity production with innovative power for a sustainable energy future. Axpo is an international leader in energy trading and the development of tailored energy solutions for its customers.

About FERDEC

FERDEC GmbH is the leading provider of European Energy Transaction Surveillance solutions. With over 25+ years of experience we provide premium consultancy, decision support and software in the areas Energy & Commodity Trading and Risk Management, Regulatory Precaution and Transaction Surveillance.

For more information or demo of ferdecTS® please contact Christian Endter at christian.endter@ferdec.com

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