Technology
SunGard Launches Suite Tools For Energy Commodity Trading

US technolgy firm SunGard has launched a new suite of energy data management tools for Aligne, its multi-commodity software suite which integrates data management, trading, risk, credit, fuels procurement, emissions compliance, back-office, treasury/finance and management information needs.
The Aligne Data Management Toolkit aggregates energy information from multiple sources, validates the data and presents it in a consistent format which is intended to facilitate rapid and accurate data interpretation and decision-making.
In volatile energy commodity markets, speed and accuracy of information are critical to making effective energy trading decisions, SunGard said, and Aligne DMT is designed to enable users of all technical levels to navigate, chart and analyse energy market data.
To help firms simplify deployment and avoid unnecessary costs SunGard has given Aligne DMT a “plug and play” functionality so that companies can purchase and use only those tools and functionality they need. Furthermore, each tool is developed to be customisable without the need for additional consulting work, helping to save both time and money, SunGard said.
Aligne DMT - which covers oil, power, gas, emissions, metals, biofuels, and other areas of the commodity trading markets - has been designed to help clients manage their own data, and to integrate it with components in SunGard’s Aligne software suite as well as with customer-specific and downstream systems. Aligne DMT also includes tools for decision support and analysis such as a 3D charting function for data visualisation and a drag-and-drop formula tool.