Regulatory reporting
In a nutshell, what is regulatory reporting?
In order to make energy markets transparent, the EU has imposed reporting obligations on the industry. Regulations on when and how market participants are required to inform which body about their activities have been issued. This is necessary to prevent market manipulation and insider trading. However, it is also a complex matter, because the regulations are quite detailed and require quite a bit of time and effort to comply with them. In addition, there are several different regulations, including REMIT and EMIR. There are also reporting obligations imposed by Germany’s Federal Network Agency, such as Redispatch 2.0. So it’s not just complicated, it’s extremely complicated. If you nevertheless want to understand how it all works, then simply read on from here. […read more]
So complicated that it ends up being simple again.
Seven2one solutions take care of your reporting obligations
You’re a reporting company and have to deal with EMIR, REMIT, Redispatch 2.0 an a whole lot more? We’ll take care of all of that for you. More precisely, we’ve already done everything necessary by delving deeply into the texts of the regulations and laws. The result is IT solutions that allow you to fulfil the complex requirements in all precisely defined details. Regardless of the form and IT system in which the data exists in your company, our solution consolidates the relevant data and puts it into the structure required by law. There’s also no need to worry about the correct data format for the body to which you need to report – our software takes care of all of that for you.
“Every client finds regulatory duties to be burdensome, but our software takes care of everything you need to do without complaint.”
All you need to know about REMIT, EMIR and NABEG is the name Seven2one.
Reporting in a manner that is in compliance with the law is one thing, but security and traceability for the party subject to reporting obligations are another thing altogether. As energy and IT experts, we have designed our solutions so that you can view the current status of the reports in a transparent manner at any time as well as verify that the necessary reporting has been done. The very tight deadlines are also no problem for you, as the system reliably takes care of timely submission and continues to run stably even the volume of data is large. You don’t even need to know the deadlines, as they are entered into the system, just like many other details. This keeps your mind free to focus on other things.
Rather a product than an individual solution?
With our easyER products, you can now report transactional and fundamental data even more easily.
- Full-service reporting for your REMIT transaction reporting at fixed monthly costs.
- Publication and forwarding of insider information according to REMIT, EU Transparency Regulation and MAR.
Why Seven2one?
What we have to offer in addition to solutions
However, our passion remains the same: to find the best individual solution for each and every one of our clients – including you, if you would like. It’s a promise!
We program success
Current regulatory reporting references
I look forward to hearing from you!
Patrick Hartung
Head of Marketing & Sales, Head of Business Solutions