Whether your market is regulated or deregulated, Brady Elviz is the specialist integrated ETRM system for energy, with over a decade of dedicated development and focus on the energy market, particularly the electricity, gas, oil, coal and emission markets. Acknowledged within Europe as the leading energy trading and risk solution, Brady Elviz combines sophisticated trade and risk management functionality with flexible, state of the art reporting, data warehousing and integration technology. Brady Elviz is easy to install, with clearly defined customisation and integration interfaces giving it a fast ROI and low total cost of ownership.
With a core of advanced pricing and risk measurement methods, Brady Elviz excels in delivering accurate and accessible risk and portfolio management reports. Highly flexible reporting functionality combined with personal workspaces, report views and deal filtering abilities allows multiple customisation requirements on the fly, while keeping everyday tasks simple and undisturbed.
Trading and Pricing
Real-time deal pricing against arbitrage-free, price-forward curves derived from quoted product prices across commodities, currencies, markets and data feeds.
The system can price a wide range of instruments of different commodities including non-linear ones such as Greeks, VPPs, Asian, American, Exotic and other option contracts as well as instruments with base, peak or custom load.
In addition, configurable based index definitions allow instant and reliable index pricing, improving the quality of data used in trading index based contracts.
Elviz facilitates quick evaluation of business opportunities in the complex international energy markets.
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Risk Management
Elviz risk management tools are based on advanced standard static and dynamic analytical methods, tailored to the needs of international energy markets.
Among the standard features are real-time parametric VaR (based on time bucket divided market correlations) and simulation based VaR (Monte-Carlo) and CFaR analysis. It also supports risk analysis of complex portfolios including consumption and production time series.
The underlying consistent risk measurement engine uses advanced analytical methods from modern financial theory to avoid oversimplifications and produce more accurate results. Naturally the system offers alternative risk models, such as exposure, SPAN, stress and sensitivity reports.
With its extensive instrument support and consistent multi-commodity, multi-market risk reporting Elviz provides a consolidated exposure view and accelerates routines with scheduled reports, drill-downs and flexible interfaces.
Elviz ETRM improves decision quality and speed in "risk management to trading" interactions, thus minimizing opportunity costs.
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Portfolio Management
Extensive functionality for portfolio management and dedicated solutions for third party portfolio management are an integral part of Elviz. With the quickly customised and reusable reporting views and its flexible deal filtering abilities, Elviz ETRM allows fine grained reporting while maintaining a report independent portfolio structure.
Management of underlying production and consumption profiles is simplified by a variety of import and export formats as well as the free choice of managed time period and resolution.
Standard reports include P&L, Cash Flow and mark-to-market monitoring as well as energy exposure with different hedge perspectives including realized data.
Elviz makes complex energy portfolios transparent in terms of structure, performance and risk exposure. In operation it is a straight-forward-to-use system with a sophisticated and flexible reporting engine.
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Energy Logistics
In order to make use of business opportunities arising in today's increasingly deregulated and converging energy markets, it is essential to support a vast number of local industry standards used for interfacing with Spot markets and TSOs for trading, participation in capacity auctions and nomination of physical positions.
To support physical trading, Elviz has a sophisticated system for continuously balancing physical areas, checking interconnector transfers and validating capacity agreements.
Using a plug-in architecture, balancing data can be instantly transferred to a best-of-breed third party scheduling system which handles nomination, reconciliation, versioning and archiving of schedules and, of course, TSO communication. Brady supports various adapters to state-of-the art scheduling systems from partner vendors.
This best-of-breed approach enables organizations using Elviz to quickly enter new physical markets while benefitting from a common system for consistent trade and risk management.
Business Intelligence and Integration
Elviz comes with a flexible custom reporting solution based on the standard reports produced by the core reporting engine. Standard reports can be stored in an easy-to-access data warehouse data bucket for further analysis by individual business intelligence and data mining solutions.
The Elviz Data Manager software allows users to perform extensive analysis on the historical market data which Elviz automatically downloads from different sources. Brady is continuously working to integrate new data providers.
In addition to a variety of data import and export options in the user interface, Elviz features a developer API which gives direct access to contract and reference data in the system, using industry standard formats and protocols.
It can, therefore, easily be integrated with other LoB applications to simplify and speed up business processes by eliminating redundant data entry and related side effects or can support migrations and synchronizations with easy-to-understand, human readable data exchange formats.
Add-Ons and Partner Products
Elviz can be used for so much more than just trade and risk management. It can be extended to cover the whole value chain of your operation. This is done through customisation, add-ons and partner products.
Customisation uses Elviz interfaces and reports to provide tailored solutions for your reporting and integration needs, while our add-on modules and best-of-breed partner products cover functionality ranging from deal capture through invoicing all the way to Pan-European energy logistics.