Position Management, Energy Trading Risk Management Software

Nodal power markets are constantly evolving. Recently, the markets have experienced a surge in market defaults and extreme weather-related volatility. In this environment, it’s essential to have a solution that allows you to easily monitor the risk being taken and the resulting profit and loss (P&L) generated with your nodal trading activities.

As leaders in nodal power markets, Yes Energy^® knows your business. FTRs and virtuals have been our primary focus for over a decade, and with our energy trading and risk management (ETRM) solution Position Management^™ we provide unprecedented visibility into what’s driving your trading organization.

KEY BENEFITS

FTR Mark-to-Market - Explore unrealized gains or losses your organization holds by marking-to-market (MtM) open FTR positions with our industry-standard, independent process
Deal Capture - See independent capture of cleared trades, so all your data is in one secure location
Fully Customizable Dashboard - Create customized insights based on the information most important to you - save them and share your customized insights with the rest of your organization
Risk Metrics - Utilize industry-standard risk metrics, which include value at risk (VaR) and stress testing
Scheduled Report Delivery - Set the schedule you need and receive the position reporting you care about, delivered directly to your inbox
API Integration - Easily integrate position data and metrics like P&L, MtM, and VaR with your in-house reporting and ETRM systems using a library of dependable, easy-to-use APIs
Account Management - Easily add or remove traders from the deal capture system, monitor trader certificates, and more

Comfortably Expand Your Market Participation and Support Healthy Markets into the Future.

Position Management provides the nodal power market middle office with a turnkey, consolidated ETRM software solution for oversight of your trading activities. We handle 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, we generate industry-standard metrics like P&L, mark-to-market, and VaR. We deliver this all to your team through automated email reporting, a visual middle office dashboard, and an easy-to-integrate data API.

Position Management FAQ

We automatically capture your FTR trades and generate these metrics (mark to market and risk) to meet the ISO requirements, so you can kick-start your FTR market participation. We deliver this through automated email reporting, a visual middle office dashboard, and easy-to-integrate data APIs.

FTR Mark-to-Market (MtM): We update the MtM valuation of your portfolio with each auction, so you don’t need to rely on trader marks or a manual process.
Risk Metrics (VaR): We provide auto-calculated risk metrics, such as 95% and 99% VaR.

Unlike a traditional ETRM tool that treats final nodal power markets as an afterthought, Position Management is a nodal trade and risk management system specifically focused on products not handled well by other systems – FTRs, virtuals, and spreads.

We created Position Management specifically for nodal power markets, and nodal power market products like FTRs and virtuals are our primary focus, not an afterthought. This means we manage the network model changes, have a robust methodology for doing MtM and measuring risk on FTRs, and know how to seamlessly interact with the ISO portals.

A large percentage of traders in the North American nodal power markets use Yes Energy tools for their trading analytics. This means we can provide the best bridge from the middle office to the front office because it’s already part of the front office’s ecosystem.

You also have to maintain and support your system and institutional knowledge in the case of employee churn. Position Management allows you to reallocate that time and effort toward revenue-generating activities.

Plus, you can more easily avoid the costly mistakes that often result from manually managing data in spreadsheets. We also have a team of experts keeping abreast of any regulatory or market changes and updating our systems accordingly.

Yes, our API endpoints allow you to integrate Position Management with your existing ETRM, accounting system, and reporting processes to automatically load realized and unrealized profit and loss data.

You can measure our system configuration and setup time in hours, not months. Plus, our off-the-shelf solution allows for a substantially lower price point than traditional ETRMs in the nodal power trading space.

We can act as that third party and provide accurate, automated reporting on your portfolios’ positions to fund administrators, auditors, and investors.