Menu
Menu
Menu
HomeSolutionsProductsSoftwareEndur
Product Page Hero Block - Text
Energy and commodities trading software

  • A consolidated physical to financial view across the entire enterprise

    Simplify and streamline your business with Openlink Endur, our award-winning energy trading and risk management (ETRM) solution. Voted best overall ETRM platform in the industry by the Energy Risk Software Rankings, this front- to back-office solution covers the full range of commodities and derivatives across your business. Physical commodity logistics and scheduling tools are built-in, putting all of your actionable data into a single resource for your entire operation.

    With this trading platform, you’ll have automated processing of both physical transactions and financial derivatives. You’ll gain a consolidated physical to financial view of positions, risk and P&L on one system – making it easier to uncover opportunities and reduce risk.

    Openlink Endur helps organizations:

    • Reduce time spent on back-office processing.
    • Automate from front to back office with straight-through processing.
    • Reduce time spent on reconciliations.
    • Provide a single source of the truth.
    • Improve visibility into market positions and P&L.
    • Power decision-making through real-time position and performance data.
    • Tap new markets quickly – users can scale to trade new asset classes and types quickly and cost-effectively.
  • Key components include:
    Market Module

    Provides and saves all forward curve definitions and data, whether straight from a pricing source, derived from other price curves or formula-based as well as rates, volatilities, correlations and VaR sensitivity factors

    Trading Module

    Flexible trade capture, retrieval and reporting capabilities including pre-trade simulations, stress testing, and complex pricing modelling for financial and physical deal attributes

    Credit Module

    Real-time monitoring of exposures against limits through standard and user-defined credit calculations

    Risk Module

    Real-time monitoring of market risk exposures including mark to market, Greeks, value-at-risk against limits using standard and user defined calculations. A full solution for limits monitoring, market and credit risk management

    Operations Module

    Provides transaction processing tasks that include trade validation, settlement, deal fixing, options exercise, report generation and end-of day processes such as the generation of confirmations and settlements. Also maintains system parameters, limits and controls and monitors all workflows and processes, including end-of-day runs

    Accounting Module

    Captures trades, credit and settlements to update the ledger. Sub-ledger functionality and invoice processing and payment information can be tracked and synced with Credit Module for real-time monitoring. Mark to market and accruals are both supported

    Administration Module

    A repository for all static data in the system including product types, delivery locations, pipeline information and user profiles

    Reference Module

    Includes all counterparty and internal business unit information via security-based privileges

    Logistics Module

    Covering bulk logistics (cMotion), power scheduling (pMotion), and gas pipeline scheduling (gMotion)

    RiskPak

    Risk management measuring and reporting tool

    Back Office and Operations

    Includes clearing and settlement, reconciliation and confirmation

    Report Builder

    Point-and-click for operational and analytical reporting

  • Value Delivered

    1. Measure hedge effectiveness
    2. Effective regulatory compliance
    3. Better decision making
    4. Understand risk exposure
    5. A single solution

    • Measure hedge effectiveness and minimize earnings volatility

      Challenge

      Regulatory changes impact hedge accounting

      In order to avoid earnings volatility, hedges that qualify as highly effective can be afforded hedge accounting treatment. However implementing hedge accounting requires a large amount of work documenting the hedge relationship and proving both prospectively and retrospectively that the hedge relationship is effective. Evolving regulations and accounting standards (e.g. IFRS 9) make it more difficult to keep systems current with the latest rules and methodologies.

      Solution

      Measure hedge effectiveness and minimize earnings volatility

      The Openlink solution analyzes the effectiveness of hedges (under IFRS9, IAS39 or FAS 133) and invoke the appropriate hedge accounting treatment. It features our best-of-breed Hedge Analyzer module for robust hedge effectiveness testing, and provides complete transparency that enables users to drill into postings to verify all payment, accrual or valuation calculations on the trade. This solution also supports the statutory reporting required for hedge accounting.

       

      Value Delivered

       

      You can automate the application of hedge accounting rules and methodologies to ensure hedges are being correctly treated; giving you the reassurance that earnings statements are being correctly reported and subject to minimal volatility.

      Endur

    • Rely on Openlink to provide a cost effective solution for regulatory compliance

      Challenge

      Regulation – preparing for the inevitable

      A wave of high-profile regulation is steadily being codified into rules by government agencies around the world. With the stakes so high and the cost of regulation escalating, firms are looking to understand the implications of the regulatory onslaught and build the necessary solutions.

      Solution

      Rely on Openlink to provide a cost effective solution for regulatory compliance

      Openlink is committed to staying at the forefront of regulatory reform, working closely with clients, regulatory agencies, clearing houses, clearing members, service providers and trade data repositories to keep pace with the rapidly evolving derivatives landscape. OpenLink continues to provide leading technology solutions for the energy and financial services markets with its suite of regulatory compliance software.

    • High performance technology for real-time positions and better decision making

      Challenge

      Transaction volumes impacting the timely calculation of positions

      For a company whose business is growing, the number of counterparties, asset classes, users and transaction volumes may mean their existing systems based on older technology or spreadsheets struggle to keep up.

      Solution

      High performance technology for real-time positions and better decision making

      Our solution uses an in-memory database for fast storage and retrieval of massive amounts of data. This ensures the Openlink solution scales as you add more users, counterparties, asset classes and as transaction volumes grow, and is able to deliver aggregated real-time position reporting for the largest trading operations.

       

      Value Delivered

       

      With an enterprise-wide view of P&L available in real-time you can take swift action as market conditions change.

    • Get a better understanding of future risk exposure

      Challenge

      Imperative for more rigorous stress testing

      Firms are paying much more attention to stress testing – modeling hypothetical scenarios to evaluate the impact of possible future events. And they are looking to model increasingly complex scenarios to better understand their liquidity, credit and market risks under a much wider range of circumstances.

      Solution

      Get a better understanding of future risk exposure

      The Openlink solution provides extensive stress testing functionality enabling you to model complex scenarios with a wide range of input factors. Our simulation engine provides a powerful and consistent application of risk factor shocks regardless of market. Risk can be attributed to hypothetical movements of any magnitude including FX rates, commodities and interest rates.

       

      Value Delivered

       

      Using Openlink you get a better understanding of seen and unforeseen liquidity, credit, operational, market and other risks impacting your business.

    • One solution from front to middle to back office

      Challenge

      Costs and risks associated with front to back office reconciliation

      Because many firms use different systems that are not well integrated, people performing different functions aren’t using a single, consistent set of information. Errors that arise in transferring data between systems need to be corrected introducing delays for users; for a trader or risk manager who wants to see trading positions in real-time this can be critical.

      Solution

      One solution from front to middle to back office

      With Openlink you get one integrated solution and one set of data that covers end-to-end processes from equity production, gas processing, forecasting, sourcing and storage/transport optimization to marketing, trading, contract management and position management through to risk, accounting, reporting and compliance in the back office.
      This removes errors that arise in transferring data between systems and ensures that traders and risk managers can see correct up-to-date positions at all times.


       

      Value Delivered

       

      This also eliminates a lot of the reconciliation work that typically goes on between the front to back office.

      Endur

Got questions? We will connect you with one of our specialists.

Request a consultation

To learn more about how Openlink Solutions can work to improve ROI and streamline operations in your business, contact us for a free consultation or no obligation demo.

Your privacy is important to us. Openlink will not disclose your email address to any third parties. Please review our privacy policy for details.
Request a Consultation