Legal framework and organisation

Requirements in electricity trading

Every company that is involved in energy trading is obliged to set up a risk management system. The "Control and Transparency in Business Act" (KonTraG) describes and defines the "minimum requirements for the operation of commercial transactions" (MaH).

KonTraG essentially requires that there is an early warning system that will recognise at an early stage any risks to the company as a going concern and any deals carried out by the company that are fraught with risk. The MaH guidelines, on the other hand, require appropriate organisational measures to limit risk.

In the E-Risk®POWER electricity trading system, conformity to the statutory KonTraG and MaH guidelines was implemented in such a way that the system structure is arranged in 3 separately organised areas:

-    Front Office
-    Middle Office
-    Back Office

Multi-user / multi-client system

The E-Risk®POWER portfolio management system has been developed for multi-user operation and supports multi-program operation. The system guarantees that several users can access it simultaneously. The software is also designed for multi-client operation and with its access control can support the administration of several client portfolios which may be organised hierarchically as desired.

Multi-currency system

E-Risk®POWER supports any number of currencies and units. The system is configured via a separate currency manager.

Revision security

In E-Risk®POWER all user interactions are recorded in a permanently available and revision-secure logbook giving all the relevant data.