SOLUTIONS > MIDDLE OFFICE DATA MANAGEMENT

SOLUTIONS > MIDDLE OFFICE DATA MANAGEMENT

Middle Office Data Management

Save more than 40% on the OpEx costs

Middle Office Data Management

Save more than 40% on the OpEx costs

Master & Reference Data Row
Master & Reference Data Row

Client testimonials

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Citazione Alberto Scavino 1Thanks 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

Enel per Irion
THE NEEDS, THE SOLUTION, THE CHALLENGES
Needs

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

La soluzione

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

Challenges

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

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!

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