Decentralization means energy markets are moving closer to the realities of physical infrastructure. Contracts increasingly need to reflect specifics of delivery locations, or infrastructure capabilities.
As the number of complex and bespoke contracts increases, the operational considerations become very demanding. Operational management of an expanding collection of structured contracts carries increasing cost and increasing risk.
Operational management requires clear and timely communication with internal departments and external counterparties. Businesses therefore need to have visibility of when and what to communicate, as well as a means to automate this.
As a company’s renewables and non-standard business grows, risk assessment and monitoring become more challenging due to the variety and bespoke nature of each contract.
Traconn has been built upon the experience of structured traders and energy-domain technology experts used to trying to work within the constraints of traditional systems. We are a team of structured trading specialists, software engineers, UX designers and architects, leveraging decades of energy market experience to bring all these ideas together in one place.
Traconn is commodity and contract-type agnostic. Below we highlight some of those we have already proven in our system. If you have a complex contract type that you don’t see represented above or below, please get in contact: we would be happy to walk you through how Traconn’s powerful protocol can support you to better represent and manage it.
Traconn is a wholly owned subsidiary of Uniper, born out of an internal innovation initiative.
We began back in 2017 working to solve our own challenges around ensuring scalable management of structured contracts. Over numerous iterations since then we’ve refined our design, taking the learnings of each iteration forward to strengthen the next.