Our journey
The concept for Traconn was born out of an in-house innovation initiative at Uniper Global Commodities to find an approach to move into new market areas quickly without creating operational overhead.
As we progressed through that journey, we came to realise there was many aspects to existing solutions holding back not only management of trades, but also how organisations approach internal approval of transactions, what organisations seek to trade and even the nature of the contracts they try to conclude. We have invested years into exploring and refining our designs and solution approaches, with each iteration taking learnings from the last to strengthen the next. The culmination of that work forms the foundation of what we now call Traconn.
Traconn is a 100% owned subsidiary of Uniper SE, operating at arms-length from our parent company to ensure confidentiality for all parties.
Our philosophy
We believe that current technical solutions available to energy businesses are restrictive and prescriptive. We believe they entrench companies in fixed ways of working, ultimately creating a technical barrier to exploring the new product spaces the energy transition is creating.
We believe there is tremendous value falling through the gaps of current ways of working, and we want to help companies:
- Build and have access products that better meet their needs
- Foster optimal (potentially multilateral) paths from supply to demand
- Adapt to an increasingly dynamic market space
- Enable the commercial creativity of their staff to achieve all the above
We believe these aims can be achieved through the development of an ecosystem of businesses and inter-operable solutions, connected by a common protocol. Such an arrangement could eventually become capable of supporting rapid conclusion and autonomous lifecycle management of energy contracts in concert with one another. We believe this is a path to deeper, industry-wide optimization.
Our values
Collaboration
Security
Transparency
The team behind Traconn
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.
Milestones
