Contigo become a Trayport® Certified Software Provider

15 May 2013

Contigo, the leading provider of Energy Trading and Portfolio Risk Management (ETRM) software solutions, is delighted to announce that they have become a Trayport® Certified Software Provider (CSP). Trayport is a leading provider of Energy Trading Solutions to traders, brokers and exchanges worldwide. This will enable Contigo to extend the enTrader Product Suite to connect directly with Trayport’s Trading Gatewaysm through the Trayport application protocol interface (API) to provide access to traders order and trade information.

This will allow the core enTrader product to capture trade data across multiple commodities, markets and exchanges via a new module, enTrader Connect. The new module interfaces directly with Trayport’s Trading Gateway through the API, which provides trade data from electronic exchanges, as well as OTC brokered transactions. Subject to obtaining the appropriate licensing, all order and trade data received by Trayport® will be captured through Contigo’s enTrader Connect module and made available for trading decision support and portfolio valuation.

Improved and certified connectivity will allow Contigo’s clients to improve their responsiveness to changes within the market, ensures decisions are made with up to the minute market data and enables users to protect their profit margins and improve their overall company trading results.

Trayport® have successfully certified the enTrader Connect module following a comprehensive Conformance test ensuring it’s compatibility, security and stability with Trayport’s Trading Gateway.

Matthew Best, Partner Relationships and Licensing Manager at Trayport said: “We are delighted to have Contigo join our CSP Programme. We look forward to a successful working relationship going forward providing mutual clients with a stable, tested and secure interface to support their trading operations..”

Adrian Bullock, Technical Director at Contigo commented on the relationship: “We’re pleased to be able to add this functionality to the enTrader Product Suite. The enTrader Connect module allows our clients to import data from a number of external agents without any user intervention. It also ensures traders are working with up to the minute market data without an increase on workload”

“The extension to the enTrader core product allows clients to observe changes within the market without the additional strain on resources in having to continuously monitor price movement. This is achieved through enTrader’s alerts capabilities which can be customised to notify users of specific activity through on screen alerts or through SMS and email.”

Contigo is also quickly becoming the chosen provider of solutions to the European energy market, with 17 per cent of all UK-produced energy (14,035 MW) now being generated by companies using their ETRM solutions. This is due to the company’s focus on providing products that are easy to use, easy to implement and provide lifetime cost effectiveness. These values have resulted in an extremely attractive range of products that have garnered widespread interest from a broad range of energy operators across Europe.

The full suite includes enTrader, an enterprise-class energy trading, portfolio management and fuel logistics solution; enVoy, a communications and regulatory notifications platform; and energy retail supply cost modelling and analysis platform, enPrice.

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