A major European power trader needed to capitalize on arbitrage opportunities across the continent's energy markets, significantly disrupted by the war in Ukraine. Existing data solutions fell short, lacking comprehensive coverage of the 20+ exchanges publishing crucial day-ahead auction data. The trader required direct access to source data to build a proprietary pricing engine, avoiding reliance on potentially inaccurate third-party pricing algorithms.
We provided a single, unified data feed covering 20+ European power exchanges, including emerging markets previously inaccessible. This eliminated the complexity of connecting to multiple disparate systems. Our bespoke Quality Assurance processes ensured the highest levels of data accuracy and reliability, empowering the trader to build a robust, source-driven pricing model.
Hermes Intelligence provided the key to unlocking arbitrage opportunities in a complex and volatile market. Unified data feed and rigorous quality assurance allowed to build a powerful pricing engine and deploy our strategies with unprecedented speed and efficiency.
