Provides middle office greater visibility into power market trading risk and performance
Boulder, Colorado -- Yes Energy has launched Position Management, a turnkey, consolidated solution empowering the Middle Office to oversee trading performance and manage risk for all Nodal power market trading activities.
“Position Management builds on Yes Energy’s expertise in FTR and Virtual markets, delivering visibility into the associated trading risk and performance of these complex products, allowing trading organizations to comfortably expand their participation and support healthy markets into the future,” said Isaac Velander, VP of Products, Yes Energy.
Yes Energy’s Position Management handles the deal capture and secure storage of transactions across FTRs, virtuals, and spreads, with easy to set up market connections. On top of these captured transactions, the solution generates industry-standard metrics like P&L, Mark-to-Market, and VaR. This is all delivered to your team through automated email reporting, a visual Middle Office dashboard, and easy to integrate data API.
Position Management can also provide automated reporting to investors and fund administrators on P&L, risk, and Mark-to-Market, providing a third party independent source of this information.
About Yes Energy: Yes Energy is the leader in power market data. Founded in Boulder, Colorado, Yes Energy set out on a mission to deliver nodal power traders powerful, insightful, actionable data - it now offers the most robust, high-quality energy data in the industry. Yes Energy creates innovative data solutions to power the businesses of not only nodal power traders, but also power marketers, originators, asset developers, and asset operators.