In search of STP

Trading complexity, compliance issues and increasing competition are all driving companies to improve their electronic STP processes. Eric Fishhaut takes a look at some of the latest developments

In terms of automation and standardisation of messaging for transactions, the energy trading industry trails the more established financial industry. Technology implementation has clearly lagged behind the expansion of this important market, even though energy trading continues to experience very rapid growth in volume, participants and complexity.

Much of the present energy trading process still relies on fax, telephone and manual data input. But as companies strive to remain competitive, one

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