Energy, commodity and industrial assets and operations: production, generation, distribution, transformation, plants, supply and demand chain. Logistics: transportation, transmission, shipping, storage, etc.
Vast Flexibility to Create and Manage Physical Trading
QR Trading system is operational right out-of-the-box without the needs for custom development or programming. All features can be configured in dialogues and dashboards.
Vast selection of ready-to-use transaction templates for world energy and commodity markets, ISOs wholesale energy and reserves.
OTC, bilateral and retail power and gas trades can be created by rapid configuration and creation from scratch. Define any desired fields, attributes, characteristics, constraints, delivery profile, transmission, losses, complex indices, tariffs, charges, fees, incentives, penalties, transportation, shipping, pipelines, transmission, currencies or logistics.
Any number of curves can be defined on the fly to define a transaction. Meter/load/volume, main, excess, capacity, nominated, delivered, reactive power, losses, etc. Price curves, indices, charges, incentives, fees, tariffs, penalties, transportation, transmission, etc. These curves can have multiple phases, each with a different timescale. For example, contracted volume/capacity can be monthly or daily, and yet the actualized volume of delivery can be (sub)-hourly. Each data phase can have multiple publications or runs: for example, initial, intermediary and final runs. The system automatically creates in a universal manner the database tables and user interfaces needed to interact with the data.
Deal blotter and ability to copy, cut and paste sections of one transaction template to another to create new or hybrid trade templates.
Customizable transaction life cycle management, validation, confirmation, affirmation, etc. Customizable trading workflow to manage compliance and operational risk.
Utmost flexibility to define templates for physical assets, operations and logistics. Physical assets can be power generation, refinery, processing, plants and production in any industry. Logistics can be transmission, scheduling, transportation, shipping, tankers, pipeline, storage, etc. Create from scratch and customize transaction templates to capture and manage physical inputs, production and sales of products, goods and services.
Financial and physical trading, real assets and logistics are fully integrated and interlinked. Unrivalled capability to rapidly configure custom workflow.
Front office exchanges and bilateral physical multi-energy & commodity trading. Logistics. Assets. Workflow.
Pre-trade energy & commodity deal pricing and risk: physical & financial transactions, exotic and spread options.
Dynamic portfolio making via filtering. Drill up-down. Aggregation. Marginal and incremental valuation.
Pre-trade Deal Pricing
Creation of custom pricing schemes per deal type. Compute the value of select deal parameters that achieve a set profit margin. Valuation rules are nested trees of formulae having for inputs various deal curves and parameters and computing the deal price as output via a global Newton recursive algorithm. Deal prices can be exported as pricing proposal or memos by marketing for quotation to buyers.
For example, for a physical energy or commodity deal, input fields can be fuel and other costs and charges, e.g., transmission, distribution, by products, losses, FX, heat rate, etc. The output be the deal's price to attain a set profit margin, or in case of electricity, two prices, peak and off peak.
Independent option pricing toolbox is provided via QR Analytics™ for vanilla, exotic, and spread options.
Dynamic Portfolio Management
A portfolio mapping wizard allows you to filter and organize your transactions in multiple portfolio structures based on any desired filtering criteria, such as asset classes, commodity or energy type, retail, wholesale, trading hub, regions, counterparties. Same sets of transactions can this give rise to multiple portfolios for different analysis.
Drill-down capability allows users to display marginal valuation at any desired portfolio layer or roll-up valuation to aggregate values across portfolios.