Bilateral tests between enerbility software gmbh, Austria, and Centria PLC, UK, with the goal to show the exchange and matching of XML based trade confirmations between different vendor implementations were successfully completed.
XML based electronic confirmations as a substitute for fax-based confirmations are the next step on the way to full electronic processes in the energy trading business. The necessary standards to accomplish this are developed in cooperative effort supported by the most important energy companies under the umbrella of the European Federation of Energy Traders.
The successful exchange and match of electronic confirmations was made possible by the comprehensive incessant effort of enerbility, the highly valuable cooperation of Centrica and last but not least the ongoing standard setting process of EFET. By verifying the interoperability of different vendor's implementations, EFET's standardisation efforts aiming at a free and fair marketplace in the area of electronic messaging for energy trading are rewarded.
Gavin Ferguson, head of back office at Centrica Energy, said: "This is really very good news, and thank you to all who have made this "first for the industry" happen. It is very good to know that matching with enerbilityâs customers is shown to be perfectly possible."
Hannes Stiebitzhofer, CEO of enerbility adds, "Interoperability is a buzzword usually scaring IT experts having learned that everybody usually has some reasons, why it does not work. Knowing this, I am even more happy to be able to show, that interoperability is an issue which âjust has to be doneâ. Really successful companies in modern markets need their choice of system and still want to be enabled to communicate in a seamless way. The proof of interoperability adds a lot of value to enerbilityâs and our competitorâs customers, as from now on they can communicate in an efficient way."