The product is an implementation of the latest EFET eSM standard. The EFET standard aims for automated electronic invoicing and settlement document matching, in the short term to improve the efficiency of the current manual process and in the longer term to optimise the OTC settlement cycle, potentially leading to reduced credit risk and improved cash utilisation.
The beta version of the new Equias eSM product will be released for testing at the end of August 2019. Equias is working in collaboration with an early mover group of leading industry participants who are also active members of the EFET eSM Workgroup, ensuring that Equias’ implementation follows the EFET eSM Standard.
Participation in the Equias Early Mover group is not limited to companies in the EFET eSM Workgroup, it is open to the entire Equias user community, so you are invited to joining the Equias eSM Early Mover group during 2019.
The Equias user community is the largest on-line community of market participants in European energy trading due to broad adoption of the electronic confirmation matching (eCM) and electronic Regulatory Reporting (eRR), making adoption of eSM across the industry, as a companion service to eCM and eRR, simple and straight forward.
Are you interested in eSM and would like to join the early mover group? Join the meeting on 12 September taking place in London. To register or for more information, please send an email to firstname.lastname@example.org