Solutions
- STP Energy Markets Solution
- Energy Trading Solution
- Enterprise-wide Risk Management Solution
- Global Energy Back Office Solution
- Custom Solutions
- ASP Services
Market Focus
- Crude Oil/Refined Product Firms
- Global, Fully Integrated Energy Companies
- Electric Utilities
- Local Distribution Companies (LDC) & Municipalities
- North American Pipeline Companies
- Natural Gas/NGL Companies
- Commercial/Investment Banks
- Hedge Funds
- Other Entities
Back Office
Often overlooked, the operational risks of the back-office sometimes prove as costly and potentially more significant than market risks. Endur's enterprise-wide software solution empowers you to exercise maximum control over your back-office operations.
Endur's Operations Services focuses on back-office process control and automation It contains three components: Services Manager, Exception Based Processing Facility, and Trade Booking Services.
Endur supports an extensive range of traditional back-office tasks, from confirmation, settlements, and end-of-day processing to standard system reports and integrated third-party reporting tools. In addition, Endur's open and flexible interface to various scheduling and electronic payment systems allow for a high degree of system integration and connectivity, while a sophisticated sub-ledger accounting module simultaneously supports both Accrual and Mark-to-Market accounting methodologies.
- Services Manager
Services Manager can schedule any operational tasks (including end-of-day evaluation, reporting, and sub-ledger posting) or network services (such as limit monitoring and real-time messaging). Services Manager allows the system to automatically schedule and execute a chain of events, eliminating human error. - Exception Based Processing Facility
With its user-defined workflows, Services Manager provides exception- based straight-through-processing.
Exception Based Processing Facility can capture and apply any custom proprietary logic to any trade. For instance, this facility enables you to configure Endur to highlight as exceptions any new deals that carry unusually high payments or mark-to-market values. That makes it easy for your Operations staff to immediately review exception deals for entry errors or, more importantly, integrity issues. - Trade Booking Services
Trade Booking Services presents a wide spectrum of automation processes, including hedge generation, complex "sanity" checks, and tax code lookups.
In short, when capturing a trade, the front-, middle-, and back-office environments become one with Endur. - Open Settlement
Endur also offers the Open Settlement Solution, a fully integrated SWIFT messaging capability for the Endur system developed in conjunction with Trace Financial, specialists in the provision of application integration software.
The Open Settlement Solution provides Endur users with an embedded core SWIFT message set that facilitates the delivery of trade confirmations and payments via SWIFT and a range of other messaging protocols (i.e. FIX, XML, CREST, ETC, Euroclear). - Unlimited Message Types
The fully integrated SWIFT messaging capability provides a true STeP solution for our financial market clients. CLOVERLEAF Finance, the base of this settlement solution, allows users to implement any number of message types with minimal development. In addition, users can also configure SWIFT messaging for a number of other protocols which encompasses international and central banks, commodity trading firms, insurance companies, fund and asset managers, as well as corporate treasuries.
Trace Financial, an established provider of SWIFT messaging solutions, with considerable expertise in the securities and equities markets, stands committed to the support of evolving SWIFT standards, including the emerging SWIFTNet services. This means that OpenLink can offer clients a future-proof SWIFT messaging capability.
Richest Transaction Life Cycle Management of Any Trading Software
The system offers full security and audit ability to what has changed, when, and why. One database enables drill-downs from any number, anywhere in the system. Real-time cash management, exception and rule-based processing, interest rate fixing, sub-ledger posting and messaging with open interaction to external and internal systems.
OpenLink market solutions and tools provide the real-time information you need to assess risk and see trading opportunities that other applications may miss. OpenLink gives traders the power to trade smarter, risk managers to monitor with confidence, and operations professionals to manage efficiently.