Fidectus AG Revenue and Competitors

Founded and launched as a niche player with laser focus, Fidectus was formed by industry experts who have worked hand in hand with energy traders to identify, define and create a world-class solution making this a reality. The Fidectus post-trade processing platform, the Global Energy Network (GEN) fully support the EFET eSM and eCM standards and is commercially available and live since April 2020. GEN is an interoperable, secure and audit-proof industry platform adhering to open standards for seamless integration. For the first time, it is possible to dispose of paper, media discontinuities and infrastructure. The settlement, netting and payment is now lean, quick and efficient, reducing risk exposure and optimising working capital. GEN members experience OPEX savings of 40 % to 90 %. They can now resolve disputes in minutes with the best user experience in class. They reduce credit risk exposure by up to 51 days and can untie up to 90% of their cash flows through multilateral netting. Fidectus offers a Free Community Edition of eSM that allows to leverage the new EFET standard with no costs. And starting at EUR 1 per match, Fidectus offers the most comprehensive electronic Settlement Matching (eSM) solution in the market providing customers benefits that go beyond the eSM standard. Combined with the Fidectus electronic Confirmation Matching (eCM) offering, our customers can reduce their Total Cost of Ownership for both solutions and realise a quick ROI.