Equias is a proven partner that provides innovative, cost-effective solutions and products for the energy-trading community. We focus on optimisation and adding value through technical insights and innovations that are equally accessible to all of our clients. Specifically, we develop advanced solutions for the automation of energy-trading processes, based on open market standards.
There’s more to our organisation than technology. We are sensitive to human and business needs when solving problems for our customers. By finding new ways to connect, collaborate and create a vibrant community, we bring out the best of what we all have to offer for our common benefit. We’re seen as a reliable and credible community partner that is the source of standardised industry solutions and efficiency savings. There’s nothing secret about our formula; as a trusted partner we collaborate with our clients, combining our technical insight and experience to further shape innovative solutions in energy trading.
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EFETnet set up as cost-sharing vehicle by major European energy traders to realise EFET’s common electronic data exchange standards for energy trading.
EFETnet operational – supported by its founding companies: Electrabel, RWE, Total and Gaselys.
EFET publishes a standard for electronic confirmation matching: eCM Standard 3.0, a peer-to-peer process definition, which includes counterparty and broker matching dialogues.
Ponton Consulting selected as preferred supplier to develop our software.
13 companies (including the first broker) go live with fully automated electronic Confirmation Matching (eCM) in accordance with the EFET eCM Standard 3.0. ‘EFET box’ software deployed as a locally installed component, creating a network of interoperating installations communicating securely across the internet.
Redevelopment of the ‘EFET box’ peer-to-peer software to host multiple EFET process modules, including: the Electronic Confirmation Matching (eCM) module, the Electronic Position Matching (ePM) module and future modules such as Electronic Settlement (and Invoice) Matching (eSM).
50 member companies of EFETnet, with all the main brokers involved.
As numbers increase, demand grows for centralisation of eCM.
Launch of on-line “Commodity Services” and new software features to support the EFETnet community.
Started development of a new process to automate the registration of off-exchange trades into clearing: eXRP.
EFETnet wins a joint bid with the DTCC for a global solution for commodity trade repositories.
Development of universal reporting services: eRR.
Launch of next generation software, the centralised matching service (CMS).
EFET box users begin migration to the CMS, from a peer-to-peer network to a centralised hub-and- spoke architecture.
First phase of global commodities trade data repository goes live in March: ODRF reporting for oil swaps.
eXRP launched in September.
Winner of Commodity Business Award for “Excellence in Risk Exposure Mitigation”.
84 member companies in EFETnet.
Full Dodd-Frank reporting for Commodities live since February 2013.
Working with 11 traders, 6 brokers and 3 exchanges to extend the eRR solution across Europe.
EFETnet wins Commodities Business Award for the 2nd time in the category Commodity Risk Mitigation.
European EMIR reporting goes live on 10 February 2014.
More than 20 organisation groups go live, reporting for over 200 trading entities.
Reporting to 3 trade repositories: UnaVista, DTCC and REGIS-TR.
Successful launch of eRR service for REMIT reporting.
EFETnet officially fully registered as one of the first RRMs by ACER.
Launch of eRR reporting service for Phase 2.
Over 1000 licensed users of eRR.
Most OMPs connected to eRR.
The Equias community now has over 700 organisations, representing over 1400 trading entities.
eRR reporting information for over 4000 market participants, including direct clients reporting on behalf of their counterparties and customers under REMIT and EMIR and ElCom regulations.
electronic Trade Monitoring (eTM) launched in December 2017, providing all energy market participant with access to the data and processing needed to mitigate the risks of REMIT and MAR.
The company name was changed from EFETnet to Equias.
Equias becomes available on the internet (previously access was IP restricted).
Our first public service ‘SMT Phase 1’ offers free, read-only accounts to end-users, reducing cost by helping eRR users to meet their transparency obligations to counterparties and customers on whose behalf they report under REMIT and EMIR.
Position Data Exchange Hub (PDE Hub) goes live to support position reporting under MiFID II.
Equias redefines its mission to increase participation and trading activity in traded energy markets.
New solutions in ‘Trading’ and ‘Information’ are added to our solution portfolio, linking ‘Compliance’ and ‘Reconciliation’.
Join our network of more than 1500 clients worldwide
Our work is founded on the community we serve. We believe that greater market access and participation will transform the energy trading world and increase market activity for the benefit of all participants.Contact our sales department to find out how we can connect
Equias has a lean organisation structure. Hugh Brunswick is CEO, he is advised by the Equias Steering Commitee comprising representatives of the Equias user community on matters related to priorities, investments, marketing and communication.
Meet the team
Our team is made up of professionals with extensive knowledge and experience in their own discipline and wider industries. Together we combine these skills to make energy trading equally accessible to all.