This week, I had a chance to catch up with Enuit’s Chief Product Officer, David Rao, and ask about Enuit’s plans in terms of new enhancements and to hear what functionality the market was currently asking for. The first thing that came up in our conversation was functionality to support a strong demand for environmental and emission requirements. David said that “Enuit has now added an environmental module to Entrade to allow the trading of environmental products like carbon allowances, carbon offsets, Recs, RinS, emission credits and so on. We are also busy working on adding even more functionality to help manage bundling energy, biofuels, and renewables with environmental products in physical deliveries, pricing, and settlement areas”, he continued. Emissions and ESG remain an area of interest for all commodity firms in terms of future needs. Interestingly, David also told me that hedge funds were a new group of customers for Enuit and Entrade. He pointed to Entrade’s ability to be a truly multi-commodity solution as being one of the attractions of the software for hedge funds. Additionally, Enuit is also investing in enhancing its functionality to better serve this class of customer adding functionality like: Focusing on ability to… continue reading
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