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Openlink’s CubeIntelligence product to be used by E.On Global Commodities for REMIT reporting

OpenLink have issued this press release announcing that their CubeIntelligence product will be used by E.On Global Commodities for REMIT reporting.

The CubeIntelligence product is a piece on software installed on site which is designed to gather data from multiple sources and send it to the correct reporting destination, for example an EMIR TR or REMIT RRM. The package is “stand alone”, i.e. it is not part of an E/CTRM system and can gather data from any system or source (although it can be used with OpenLink’s ETRMs). This differentiates it from “ETRM specific” systems, which tend to be dedicated adapters that pull data out of one ETRM and send it to a reporting destination.

As the deadlines draw nearer, we can expect several other vendor announcements in this space. A guide will soon be issued examining the systems available.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.


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