Middle Office Data Management
Save more than 40% on the OpEx costs
Middle Office Data Management
Save more than 40% on the OpEx costs
Client testimonials
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Thanks to the Irion EDM platform, we saved over 40% on the costs supporting Trading and Risk Management activities.
Domenico Scarpa
Market Data & Info Provider Management, Enel
Among the subjects considered:
Data Quality, Data Management, Risk Management, Data Integration
THE NEEDS, THE SOLUTION, THE CHALLENGES
The needs
Market data E2E supply chain management
End-to-end and web-based
A single solution for:
full, fast, and secure market data management in Energy
Control and storage
A solution that guarantees for the entire process:
traceability of all operations
data history in the case of Internal Audit
Accountable and Business-oriented
An automated platform that makes it possible to:
integrate different systems up- and downstream
reduce operational and manual upload risk
quickly detect missing quotes, anomalies, and outliers
immediately notify of possible erroneous data thanks to the automatic Alerting system
Respecting the deadlines
A cutting-edge technology that allows to:
automate all the processes
reduce to the minimum the duration and human tasks
The solution
Save over 40% while improving market data trading
Capabilities
Some of the Irion EDM features used:
Orchestration & Automation Workflow Engine
Traceability and automated Audit
One-Click Web API
Documented Rule Engine
Human Task Interface
Monitoring & Alerting
External Command & API Call
Results achieved
8 feeding Info Providers, including Refinitiv (more than 45 data sources), Bloomberg, Heren, ICE, PowerNext, Commerg, SpeedWell, and Seepex
About 300 daily processes that involve data ingestion, calculation, and distribution
2,500 Commodities and over 45,000 market quotes managed daily
7 recipient Enel systems and more than 200 enabled users of the MOLE module for data search and extraction (Module for monitoring correct functioning of technical processes, both planned and manual ones)
20 Calendars for managing Bank Holidays in different markets
The challenges
Verification, integration, and collaboration
Verification and management of the data volumes involved
Capture, verification, and timely management of the quotes
Quick and efficient filter logic implementation
Integration of various data sources and protocols /Bucket S3, Rest API, Bloomberg API, sFTP, Share Point,…)
Quick detection of missing quotes or data that does not conform with the expectations
Comprehensive management of different roles
Simple access to data with advanced search and customized extractions
Different needs for each organizational area with the possibility to share the configured sets, thus favoring team-level rather than single user management
Centralized solution management, thus solving the issues related to installation on individual workstations
Structural complexity
Replacing the previous obsolete Market Data Management application
Complicated dependencies between Data Ingestion, Calculation, and Distribution processes
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What are you waiting for?
REQUEST A DEMO!
Organize and understand your data as you choose a guiding framework that the industry leaders successfully use. Keep up with the changes as the data increase in volumes and variety. Discover the hidden connections between your data!
What are you waiting for?
REQUEST DEMO!
Organize and understand your data with a framework that the industry leaders already use. Keep up with the changes as the data volumes and variety increase. Discover the hidden connections between your data!
