axpo trading: master data management in the energy sector

Axpo Trading and EBX5Master Data Management in the Energy Sector

T. Gruenhagen, R. Cupples

Axpo at a Glance

• Energy production, distribution, sales and trading

• 100% owned by the cantons of Northeastern Switzerland

• About 4500 employees in more than 30 European countries

• Largest producer of renewable energies in Switzerland

Axpo Trading and EBX5 | 23.11.2016


Axpo Group Structure

MerchantTrading

Origination Western Europe

Nordic

U.S.

Trading & Sales

AxpoHolding

Avectris Services

Core Market Trading

Origination Eastern Europe

Italy

Iberia

CKWAxpoPower

Renewable Energy

Hydro

Grids

Nuclear

Energy

Grids


Axpo Trading

NORDIC

SWITZERLAND

IBERIA

ITALY

• Trading all kinds of energy commodities (physically and financial products)

• Active in most countries in Europe

• Runs it’s own IT department to support trading specific requirements

• Top 1 trading company for Power (‘Energy Risk’)

The Master Data Challenge

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Master Data at Axpo Trading

• Independent acting company units led to decentralized master data maintenance with lots of redundancy

• Energy market is fast growing and was changing a lot over the past years. This led to lack of technical process support

• à introduction of a centralized master data management is needed


Why EBX5?

Following features were main drivers to decide for EBX5:

• Automatic GUI based on data model • Version branching and merging• Flexible and easy to configure workflows that interacts with version branching• Extensibility on various levels (e.g. GUI, constraints, workflow tasks)• Good training offers and excellent documentation • Swiss based sales and technical support


Master Data move to EBX5

• Phase 1:Trading Books, Mandates and Risk Reports Configuration

• Phase 2:Counterparties, Clients and Contracts

• Phase 3:Market Data Catalogue and Licenses


Move to EBX5 - Phase 1

Biggest challenges in phase 1:

• Maintenance of complex hierarchiesà very good support by EBX5 standard functionality

• Text document oriented data (templates)à needs some clever data modelling and GUI extension

• Export to core trading systems and other consumersà needs programing of interface and new workflow tasks


Export to core trading systems


EBX5

Mes

sage

Que

ue

Other Consumer

Trading System

Trading System

Datastorage

API

DataAnalyser

Axpo TradingConnectivity

Message Writer

Workflow PublisherTask

DataModel

API

API

API

MessageReader

DataUpdater

MessageReader

DataUpdater

MessageReader

DataUpdater

EBX5 – Summery of Pros and Cons


• Fast installation

• Flexible and easy data modelling and GUI setup

• Developer training enabled us to do most development by ourselves

• Workflows and branching capabilities leads to powerful process control

• Extensibility allows us to solve even complex requirements

• Data connectivity needs quite some development

• Automated deployment of data structures not supported without additional development effort

Many thanks for your attentionAxpo Trading AG | Parkstrasse 23 | 5401 Baden

axpo trading: master data management in the energy sector

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